The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: GST who wrote (82554)	6/11/2007 6:48:49 AM
From: Mike Johnston	Read Replies (1) of 110194

I agree, but would add that many major currencies will be flushed down the toilet along with the dollar. We are witnessing massive, ongoing, simultaneous currency devaluations in US, Japan, UK, Europe, China, India and many others. The few central banks who are pursuing a responsible monetary policy are experiencing massive rises in their currencies. The question now becomes, if the coming hyperinflation will be a US only or a worldwide phenomenon. IF the foreigners will not pull the plug on the dollar, hyperinflation will be global. If the dollar is allowed to collapse against other currencies then hyperinflation will be contained in the US.

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