Analysts are growing increasingly concerned with the prospect of hyperinflation. Massive infusions of paper dollars, resulting from decades of reckless spending, are threatening our economic stability. Interest rate hikes by the FED, normally called for, may prove to be politically impossible.
Americans have never experienced hyperinflation. We may be experiencing it soon. A good reference point is the Weimar Republic in the 1920’s. The picture is not a pretty one.
Workers rushed out on lunch breaks to buy essentials. There were long lines and food riots. Savings disappeared seemingly overnight. There was a complete breakdown of social order.
What would you do if the dollar collapsed? If your city could no longer fund police protection? How about food and water? Would there be a return to the barter system?
A serious discussion with friends and family is in order. We need to prepare for the prospect of hyperinflation.