As prices rise for goods, services, and assets… it means the purchasing power of each dollar is going down. The dollar will be the gasket that blows… releasing the pressure from trillions of dollars’ worth of fake money.
We are connoisseurs of financial disaster. And probably the finest vintage we’ve ever found is the 1923 Weimar, the product of a war-torn terroir.
In 1918, a pale horse appeared — the Spanish flu. Cities and local communities coped as best they could. But there was no panic.
The feds will print money by the trillions to rescue the situation. Spending will rise. But lower output… and more currency in circulation… will raise prices.
All our worst predictions… all our night terrors… all our “they couldn’t be that dumb” worries… all are coming to pass – and fast!
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