Is really scary hyperinflation coming? Jason Stapleton says yes.
Jason Stapleton says yes there is the possibility and its higher than ever. Jason has a You Tube channel called Wealth Power and Influence. Their he talks about marketing and sales and how to start a business, but todays episode was about the possible coming of hyper inflation and how to deal with it and how it could tear society apart.
My view is we will have mass inflation in the neighborhood of 10% to 12%, but not hyperinflation. His view seems to be we will have hyperinflation then a big deflation which is my view too. He seems to think at the end of all this the Fed will raise interest rates, years down the road and crush the share markets and bond markets and thus destroy all pensions and values of even housing but time will tell.
His view seems to be the Fed is closer to running out of options and that as inflation rises it will destroy the economy and the powers that be will have to find a scapegoat and start some kind blame game that could lead to hardship for everyone.
His solutions to protecting yourself are not the usual buy gold and silver and Bitcoin but he does mentions those options and how they can help you endure the coming hardships.
His biggest take away is starting a business and having an income that you can take anywhere including offshore. He seems to think not all countries will experience hyperinflation just some.
So if you can move outside your country of birth or at least to a small town you will be better off.
His other take away is having skills you can use to earn income anywhere on the planet because it may come to that.
Here is the video if you want to see it.
Comments
Post a Comment