Posted on 03/29/2011 11:42:54 PM PDT by Christus_Rex
One of the most frequently asked questions we receive at the National Inflation Association (NIA) is what warning signs will there be when hyperinflation is imminent. In our opinion, the majority of the warning signs that hyperinflation is imminent are already here today, but most Americans are failing to properly recognize them. NIA believes that there is a serious risk of hyperinflation breaking out as soon as the second half of this calendar year and that hyperinflation is almost guaranteed to occur by the end of this decade.
In our estimation, the most likely time frame for a full-fledged outbreak of hyperinflation is between the years 2013 and 2015. Americans who wait until 2013 to prepare, will most likely see the majority of their purchasing power wiped out. It is essential that all Americans begin preparing for hyperinflation immediately.
Here are NIA's top 12 warning signs that hyperinflation is about to occur
(Excerpt) Read more at inflation.us ...
And the #1 warning sign of hyperinflation:
Everything costs more.
Heh so true.
Global and national politics, which drives perceptions about money as well as realities, has a lot to do with the issue. It will matter whether 2013 sees a seriously budget cutting US government or just a slight tweak to business as usual.
...and that’s just his change.
LOL
I’m investing my money in wheelbarrows!
It was nice living in America before it destroyed itself by committing Obamacide.
Obama might have accelerated the deficit just a wee bit. Buts lets not forget the spending binge has been going on for years. Worse, neither party is ad
Do they have any suggestions?
If it doesn’t show up ‘til 2013, he COULD get reelected!
They recommended gold and silver.
I would add preparation and making sure you have tools, as well as food/water source.
Our businesses are not doing well and we, unfortunately, pulled out of the market entirely in 2008, missing the run up (and the slow-motion decline we are seeing now). So, when it comes to prepping, we often say we can’t afford something. Then we ask: when it crashes, do I want to hold worthless currency, or will I regret not having purchased a water filter or a non-electric heat source?
My personal suggestion is to spend whatever one can now to prepare. We try to make sure that the things we buy will be used, anyway, if not in a weather emergency, or to reduce expenses now, then for a camping trip.
The key word would be *balance*.
Woohoo! Hyperinflation+retirement What a combo!
We stored up a bunker full of stuff before Y2K. Then, after Y2K was a non-event; for the next 2 yrs., our work and income slowed down. - We used the food we had stored and are still using the other things we stored to this day.
Get what you need now.
You could follow China’s lead. Turn your USD$ into hard assets; precious metals, tools, equipment, food/water storage, US farm land, pay down debt.
That’s what they are doing with their USD$, I’ve been doing pretty much the same thing.
“And the #1 warning sign of hyperinflation: Everything costs more.”
It really is as simple as that, and we’re supposed to believe Obama’s press instead of our lying eyes...
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