US Dollar is DEAD! From Congress!

[novicemonk]

We will not experience hyperinflation any time soon. We have experienced a strong inflation over the last year or so, mostly due to excess credit created in the shadow banking system (investment banks, hedge funds, etc.), and very low interest rates in the US, Japan, and Switzerland. However that is over. We are in a severe credit crunch right now. This is causing the rapid destruction of credit, and onset of disinflation. Soon disinflation will be followed by deflation. This is already apparent in the crashing or deflating of several markets: real estate, equities, commodities, ... Gold was just under $750 two days ago. Tightly coupled global economies will dramatically worsen, further deflating currencies with respect to real goods and services.

-nicolaihel

As someone who has studied international economics both in university and as a personal "obsession", I have to disagree with you here. I think we are headed directly into a period of hyperinflation that will be used as the leverage to force us into a system utilizing a supra-national currency. The pre-Euro currencies of the EU member nations were in a constant state of fluctuation carefully orchestrated by the heads of their respective central banks, who I need not remind you are all privately owned corporations just like the US Federal Reserve.

Time will tell the truth, and politicians will always lie....these things I know.