MARC FABER: The Debt Fight Is Meaningless, As Governments March Toward Hyperinflation

July 27, 2011 05:55

“it doesn’t solve the fundamental problem of excessive debt and of further, very substantial deficits.”

Gus Lubin at Business Insider


America will keep piling on debt and printing money, as will Europe, leading to war and the collapse of governments:

“Well when the reset comes it will be say a hundred dollar bill will be exchanged for a one dollar bill or something like this. Before we have the Great Reset, the government they will increase the war effort under whatever excuse that will be but I think that is the likely course of action…The wealth destruction will be interesting because…the people that suffer the most before the reset happens are actually the cash holders.”


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