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Inflation watchdog: U.S. careening towards "hyper-inflationary depression"
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Monday, May 03, 2010
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From Mineweb:

The Gold Report: John, last December you stated, "The U.S. economic and systemic crisis of the past two years are just precursors to a great collapse," or what you call a "hyper-inflationary great depression." Is this prediction unique to the U.S., or do you feel that other economies face the same fate?

John Williams: The hyper-inflationary portion largely will be unique to the U.S. If the U.S. falls into a great depression, there's no way the rest of the world cannot have some negative economic impact.

TGR: How will the United States' decreased economic power impact global economies? Will the rest of the world survive...

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More on inflation:

The bright side of the coming hyperinflation

Why you're wrong to buy gold as an inflation hedge

Inflation watchdog: "Silver short squeeze could be imminent"

Topics: Inflation | Recession | Cruxallaneous
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