“BUT THERE IS NO INFLATION!” – MISCONCEPTIONS ABOUT THE DEBASEMENT OF MONEY

Should the man who argues that we are headed for the collapse of paper money, for some kind of hyperinflationary endgame, not be concerned that all of this money printing by central banks around the world has not led to much higher inflation yet? Do present inflation statistics not provide comfort to those who believe in the practicability and even superiority of central-bank-managed fiat money, and do these statistics not allow them to discard my analysis as paranoid?

The short answer is, no. The long answer, provided by Detlev Schlichter, author of the award-winning book, ‘Paper Money Collapse´, is linked below and worth reading thoroughly.

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