"HOW LONG DO WE HAVE BEFORE SEEING HYPERINFLATION?"

[WhiskeyGirl]

Buckner said that in discussing hyperinflation, people often refer to the Weimar Republic, Zimbabwe, and Bolivia, but say “it could never happen here” because a “certain kind of layering has to occur” that America hasn’t seen.

That layering, he said, or the “recipe” for hyperinflation, is:

1) Economic Implosion

2) Collapse in tax revenues

3) Raise taxes

4) Lenders unwilling

5) Austerity or print

Beck seemed shocked by the list, saying all five have occurred.

But Buckner said some still squabble about certain points in the list — and regardless of whether we satisfy the recipe, people still say three things in America are “different,” and set us apart from the standard formula.

First, it is said that “everyone wants to buy our debt,” and no one will ever stop wanting to do so.  But Buckner countered that China is already quickly shifting our debt quickly to gold, and analogized the situation to a restaurant where China, the chef, lends the United States money to eat at its establishment.  Pretty soon, he said, there will be other customers, like India, who can pay outright.

Everyone wants to buy our debt?  What are they really buying when we collapse?  A piece of Yellowstone?  Oil land in Alaska?

read more here - http://www.theblaze.com/stories/2013/10/02/how-long-do-we-have-before-seeing-hyperinflation-one-experts-answer-may-frighten-you/