Monday, June 29, 2009

Documentary On The Risks of US Hyperinflation

The National Inflation Association presents an interesting three part documentary on the risks of Hyperinflation in the US, called the Hyperinflation Nation. I might, with a possible spillover or contagion effects to the world.

The interesting part for me are the accounts or footages of the wrong analysis by US Federal Chairman Ben Bernanke on the housing crisis, and its impact to the markets and the economy.

Makes you wonder how the public or even the administration continues to put their unwavering faith in him, even with such a terrible track record. In addition, Mr. Bernanke of late has been yearning to consolidate even more power under him.

Further the documentary shows how hyperinflation emerged in Zimbabwe, Weimar Germany and Yugoslavia; not consumer spending as the mainstream has repeatedly argued but from excessive and unrestrained government spending.

Video includes terse commentaries by Dr. Marc Faber, Jim Rogers, Peter Schiff and Dr. Ron Paul.


Here is is part 1

Here is is part 2

Here is is part 3

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