Hyper-Inflation: Think the economy is bad now? Just wait

The post on Obama and inflation in Zimbawe has received 257 hits so far.  Well, here are a couple experts who agree with me.

Peter Schiff calls the US economy a “ponzi” economy.  He warns that stimulus package suggested by Congress will lead to a “unmitigated disaster”.  He warns of hyper inflation (not just double digit inflation) similar to Latin American countries or to the Weimar Republic.  He compares the interventionist government with Hoover and Roosevelt which is leading us into a new depression.
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