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Latest Hyperinflation Stories

2009-10-06 13:58:00

FORT LEE, N.J., Oct. 6 /PRNewswire/ -- The National Inflation Association today released the following statement to its http://inflation.us members: "Gold hit a new all time high today of $1,044 per ounce and it looks like this break out above $1,000 could be permanent. While this may be a new all time high in nominal terms, adjusted for inflation gold's high in 1980 of $850 equates to $2,300 per ounce in today's dollars. We believe the inflationary crisis we are rapidly approaching...

2009-09-03 09:00:00

BEIJING, Sept. 3 /PRNewswire-Asia/ -- Himfr.com, one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, reports the price of pork will not exceed the high 2007 prices. The price of pork has been continually rising for nine weeks, and it seems that the price of pork will fluctuate wildly again. The market is worried that there will be a new round of widespread fear of inflation. Food commodities account for one third of the CPI (consumer...

2009-09-02 16:32:24

Consumer price increases slowed in Russia in August compared with a year ago, the government's statistics office said Wednesday. The inflation rate in August was 0.1 percent. A year ago, consumer prices rose 0.4 percent in August. Similarly, January through August 2008 saw inflation hit 9.7 percent, compared with 8.2 percent for the first eight months of 2009, the Federal State Statistics Service said. For the year, the annual inflation rate in Russia was 13.3 percent in 2008, Prime TASS...

2009-08-07 13:24:00

FORT LEE, N.J., Aug. 7 /PRNewswire/ -- The National Inflation Association today released the following statement to its http://inflation.us members: "The United States government's "cash for clunkers" program, which was just expanded by $2 billion on Thursday, exemplifies the stupidity of politicians in Washington today. It's insane to think that destroying perfectly good and valuable assets, cars that people can drive, will help save our economy. This program is digging our economy into a...

2009-06-30 11:18:00

FORT LEE, N.J., June 30 /PRNewswire-USNewswire/ -- The National Inflation Association is pleased to announce that its first ever documentary, Hyperinflation Nation, surpassed 25,000 views on YouTube within 36 hours of its release and is currently the third top news video of the day. Hyperinflation Nation features Peter Schiff, Ron Paul, Jim Rogers, Tom Woods and Gerald Celente; and is dedicated to preparing Americans for hyperinflation. The documentary shows how Federal Reserve Chairman Ben...

2009-06-29 08:44:21

The same inflation that scares U.S. consumers may be a comfort to the U.S. government facing a fast-rising debt load, economists said. Inflation is not a worry now. You won't get inflation until the economy gets back, and that's at least five years out, said David Wyss, chief economist for Standard & Poor's. But once the government begins to confront its debt, currently at $11.4 trillion, inflation can help. Five years of inflation at 6 percent, would devalue the nation's debt 27 percent,...

2009-04-16 15:39:00

FORT LEE, N.J., April 16 /PRNewswire/ -- The National Inflation Association today released the following statement to its http://inflation.us members: "Today, hyperinflation is the last thing on most Americans' minds because they can't see it yet and they don't know it's coming. Imagine taking a bottle and putting into it a bit of bacteria that you can only see under a microscope. Now let's say this bacteria doubled in size every minute and after 55 minutes, you still don't see any...

2009-04-09 12:38:00

FORT LEE, N.J., April 9 /PRNewswire/ -- The National Inflation Association today released the following statement to its http://inflation.us members: "If you watch CNBC or FOX Business, they show hundreds if not thousands of charts on a daily basis, enough to give you a headache and make you want to throw the remote control at the television. However, the mainstream media never shows the most important chart in the world, the chart that illustrates the market trend that matters most to us...

2009-03-20 12:35:10

Zimbabwe's Finance Minister Tendai Biti told members of parliament that the country's currency was essentially dead. The death of the Zimbabwe dollar is a reality we have to live with, he said. Since October 2008, our national currency has become moribund, Biti said during a 2009 budget presentation, New Ziana reported Friday. Along with his remarks, Biti announced the removal of all foreign currency surrender requirements. Previously, Zimbabwe's central bank required currency traders to pay...

2009-03-19 12:46:00

FORT LEE, N.J., March 19 /PRNewswire-USNewswire/ -- The National Inflation Association today released the following statement to its http://inflation.us members: "The Federal Reserve's announcement on Wednesday to expand its balance sheet by $1.15 trillion puts our country on a direct path towards hyperinflation. By spending $300 billion on long-term U.S. Treasuries, $750 billion on worthless mortgage-backed securities, and $100 billion on other federal agency debt; the Federal Reserve will...


Word of the Day
sough
  • A murmuring sound; a rushing or whistling sound, like that of the wind; a deep sigh.
  • A gentle breeze; a waft; a breath.
  • Any rumor that engages general attention.
  • A cant or whining mode of speaking, especially in preaching or praying; the chant or recitative characteristic of the old Presbyterians in Scotland.
  • To make a rushing, whistling, or sighing sound; emit a hollow murmur; murmur or sigh like the wind.
  • To breathe in or as in sleep.
  • To utter in a whining or monotonous tone.
According to the OED, from the 16th century, this word is 'almost exclusively Scots and northern dialect until adopted in general literary use in the 19th.'
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