The first signs of hyperinflation could be appearing now

From Gonzalo Lira:

This post is gonna be short and sweet—and scary:

Back in late August, I argued that hyperinflation would be triggered by a run on Treasury bonds. I described how such a run might happen, and argued that if Treasurys were no longer considered safe, then commodities would become the store of value.

Such a run on commodities, I further argued, would inevitably lead to price increases and a rise in the Consumer Price Index, which would initially be interpreted by the Federal Reserve, the Federal government, as well as the commentariat, as a good thing: A sign that "the economy is recovering", a sign that "normalcy" was returning.

I argued that—far from being "a sign of recovery"—rising CPI would be the sign that things were about to get ugly...

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More on hyperinflation:

Buy gold, silver, and tiny bottles of scotch

Legendary trader Vic Sperandeo sees serious risk of hyperinflation

Porter Stansberry: U.S. is headed for one of the worst inflations in history

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