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

To: carranza2 who wrote (32972)	12/5/2010 9:14:31 PM
From: Real Man	Respond to of 71456

I agree on gold -g- John Williams did an incredible job explaining how CPI is currently miscalculated. However, actually accurately calculating CPI is an incredibly tough job. John uses some tricks, not exact science, such as adding a fixed percentage CPI for a certain BLS statistical trick, which he explains. In other words, his number is not precise - and, I suspect, somewhat higher than reality. Of course, BLS CPI number is definitely much lower than reality -vbg-

To: carranza2 who wrote (32972)	12/5/2010 9:43:26 PM
From: Real Man	Read Replies (2) \| Respond to of 71456

shadowstats.com John Williams... Ouch ouch ouch!!! Me hopes not! "The circumstance envisioned ahead is not one of double- or triple- digit annual inflation, but more along the lines of seven- to 10-digit inflation seen in other circumstances during the last century. Under such circumstances, the currency in question becomes worthless, as seen in Germany (Weimar Republic) in the early 1920s, in Hungary after World War II, in the dismembered Yugoslavia of the early 1990s and most recently, in Zimbabwe where the pace of hyperinflation may have been the most extreme ever seen." QE+QE2+QE3+QE4+QE5+... = 71 Trillion. -g- shadowstats.com