HI,
Every major country is printing paper money with huge debts and it is creating a Money bubble. That if it burst and the dollar collapses it will be the most catastrophic thing to hit Earth besides the meteor that destroyed the dinosaurs. If the dollar doesn’t collapse then we will most certainly get into hyper inflation should I say when because the way we are going its more likely. Many smart money managers and CEO’s are saying if we continue down this path and don’t get the economy growing and spending under control we are going to hyper inflation at the minimum. Get ready for 10 dollar milk or 15 dollar box of coffee. We aren’t the only country facing this and because our currency is intertwined with the world it may be a cascading effect. We now spend 30 percent of every dollar printed in federal spending according to Forbes.
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