[blam]

"Hyperinflation in America isn't here yet, but we're edging dangerously close to the point of no return."

[silverleaf]

A loaf of bread might cost at least 2 pre-1964 silver quarters, and a tank of gas might cost 3-4 silver dollars

Glad I have a stash of junk silver, I won’t need a wheelbarrow to carry my money

[Ken522]

... brought to you by that shining academic Ben Bernake!

[CodeToad]

So, my house gets paid off immediately. Perfect.

[Huskrrrr]

I have one of these. Wish it was still good.

[C210N]

It’s not just that a loaf of bread costs $3 billion... I’d buy a baguette instead. It’s that EVERYBODY in society has $Trillions of dollars to spend, and very little to spend it on.

[muir_redwoods]

The driver here is if we experience hyperinflation, the national debt, reckoned in inflated dollars could be paid off with a few ounces of gold. The bondholders, the Chinese, most European govt’s. and many American states and individuals would all be screwed.

At two billion a loaf, a trillion dollars in debt could be dispensed with 500 loaves of bread. Which might come in handy.

[Cringing Negativism Network]

This is exactly the problem many are ignoring.

We need to re-Americanize industry now.

Not soon. Now.

[JimRed]

Let ‘em eat cake! < /sarc >

[JRandomFreeper]

Good thing I make all my own bread and never have less than 100lbs of flour in the house. ;)

/johnny

[PLD]

Learn how to make your own bread..It is very easy..I think it taste much better than store bought bread...

[montanajoe]

I don't buy the hyperinflation argument, high inflation 30% interest rates on a home mortgage? sure, hyper inflation? not until after a WMD or prolonged cyber-attack.

These arguments are pushed by folks peddling precious metals, in my view there are far better things to buy/do now than wasting money on the precious metal bubble. I think more folks are realizing this and the peddlers are reacting by making ever more dire predictions to protect their bottom line..