Doug Casey "inflation to be 20 - 40% a year, dollar dead in a few years"

[Large Sarge]

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/8/3_Doug_Casey_-_Inflation_to_Start_Running_20_-_40_Per_Year.html

[Horn]

I know its being used here (outside the U.S.) more often simply due to its being less valuable than the local currency.

I will gladly part with my dollars before my colones.

All I'm saying is they've managed to create a huge pent-up demand for them. If they can't keep the supply line flowing, that'll equal "poof" overnight.

Not a stretched out inflationary run.

[madfranks]

it’s going to reward the imprudent ones, the grasshoppers in our society that are deeply in debt because it will wipe their debt out.

Only if your wages increase with the inflation rate. For those on fixed incomes or without the ability to get 20-40% raises every year, it will suck for them too.

[mick silver]

didnt you hear madfranks they just got more debt to give away . but yes i see the prices of everything going up now . there no way to turn this ship around now