faber

The "H" word for the U.S.? - Hyperinflation

When I first read about the Federal Reserve printing money and lowering interest rates to an effective -5% interest rate, images of Argentina and the Weimar Republic flooded my head. Rest assured I believed my fears were just that.

Now we have investor Mark Faber saying hyperinflation is guaranteed. Happen here? Well, there are a lot of things, which are stuck on stupid happening in the United States, but with the U.S. as a reserve currency and the number one economy in the world?

The U.S. economy will enter “hyperinflation” approaching the levels in Zimbabwe because the Federal Reserve will be reluctant to raise interest rates, investor Marc Faber said.