beefsteak
20th May 2011, 04:39 PM
[quote]........When asked what hyperinflation would be like in the U.S. Williams had this to say, “This is not going to be a happy circumstance in any event. You look at what happened in Zimbabwe, the terrible hyperinflation there, which is probably the worst ever seen in any country, it took place over a couple of years. The economy still continued to function to some degree, people still went to work, and the reason they were able to do that is they had a backup black market in US dollars. We don’t have anything like that here."
The rest can be found here...and is fresh out in the last couple hours on this Friday afternoon 5/20
Also, mentions barter economy possibility here in USA
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/5/20_John_Williams_Exclusive_-_Hyperinflation_%26_US_Dollar_Collapse.html
The rest can be found here...and is fresh out in the last couple hours on this Friday afternoon 5/20
Also, mentions barter economy possibility here in USA
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/5/20_John_Williams_Exclusive_-_Hyperinflation_%26_US_Dollar_Collapse.html