David Roskoph

The U.S. Dollar: A New Accord

Picking the dollar to rise from the ashes has as much to do with the 6 trillion of deflation that has already occurred in equities and real estate. The countervailing 1.5 trillion in fiat will not compensate. We are at a tipping point where more fiat may well fell the republic ala Weimar Germany circa 1923. Bennie and Hank get it and will silence the presses before dollars are dispensed in single or two ply rolls. Deflation occurs when credit collapses and takes the float of dollars with it. Oil and commodities are only a side show.

Global Inflation Rates

Thank you.