Friday, June 10, 2011

Economics Presentation

James Hersey spoke this morning at the North Idaho Pachyderms breakfast meeting. Although he does not think that the dollar will 'go to zero' he believes that, of the three alternatives to America's huge debt (produce more, default, hyper-inflate) hyper-inflation is the most likely scenario. He advises gold, silver, or foreign currencies such as the Canadian Dollar, Swiss Franc, or the Australian Dollar. Nothing new to those of us spending any time reading!

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