What we have is HYPER INFLATION!! It is the end of our savings— our lives and our children’s future. We have been destroyed by bail outs to invester tranches bundled without recourse in order to finance home by Fannie and Freddie for low life’s who had no clue how to pay back. It was distribution of wealth by the communist master minds. Prepare for for desolation and rally tremendous demonstrations. Find them Punish them. !! Arm yourselves and stock food and water . Join with Neighbors of like mind. When the parasites come you will need numbers and bullets to protect your children from starvation. Get tough or get dead.
Blame those purists who stayed home on election day 2012 thinking Obama would be no worse than Romney. Sadly we are all living with the consequences of King Barack’s agenda od wealth re-distribution.
This is not hyperinflation; not by a long shot.
In hyperinflation, people with money lose confidence in it and are desperate to trade it for something useful.
Using the Weimar hyperinflation as an example (though it wasn’t the most severe example), if gasoline cost $3 per gallon this month, next month it would be $30 per gallon, the month after that $300 per gallon and so on.
Not to say that what we are seeing is not bad.