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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: stockycd who wrote (1490)	10/15/2007 3:55:23 AM
From: Real Man	Respond to of 71456

Salaries rose fast, but not as fast as inflation. Folks were paid as frequently as several times a day, since by the end of the day prices often doubled. Speculators got very rich, retirees and those dependent on fixed income got wiped out. Not fun. This is the ultimate nightmare, much worse than the Great Depression. You'd wish to leave the country. So far we are not even close to hyperinflation, but we are likely over the chronic inflation threshold of 10% a year. So... gold moving up fast does not exactly predict blue skies ahead. In fact, if it happened right now, then that would be a prediction of the dollar crisis.