Special Commentary No. 1438
Entire Economic Expansion Since the Great Recession Is at Risk of Collapse
Driven by the Pandemic, U.S. Economic Plunge and Financial Market Turmoil Are
Accompanied by Rapidly Mounting Risk of a Hyperinflationary Systemic Implosion
The Fed Is Creating Unlimited Money, Liquidity and Bailouts, With the
Federal Government Embarking on Unlimited Deficit Spending and Bailouts
Annual Growth in Money Supply M1, M2 and the ShadowStats M3-Continuation
Jumped to Historic Highs in April 2020, With Accelerating Expansion in Early-May
Ratio of Collapsing GDP to Exploding Federal Deficit and Debt Shows
Historic Low Ability of the U.S. Economy to Cover U.S. Government Obligations
GDP Inventory Changes Suggest Developing Shortages;
Infinite Money Creation Chasing Too Few Goods Can Trigger Early,
Rapid and Meaningful Inflation, As Seen Already With Meat and Other Foods
Headline CPI-U Inflation in the United States from 1970, the
Last Year of the Gold-Backed U.S. Dollar, to Date Has Been 561%
Corrected for U.S. Government Understatement of the CPI-U
ShadowStats Alternate CPI Inflation (1970 to Date) Has Been 4,257%
Increase in the U.S. Dollar Price of Gold (1970 to Date) Has Been 4,314%
Gold and Silver Prices Remain the Canary in the Coal Mine of Hyperinflation