Are We On The Path To Hyperinflation? | James Turk

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The world’s major central banks have increased the global money supply by nearly 50% since the pandemic hit less than 2 years ago:

Major Central Banks - Total Assets

Add in the additional trillions of dollars worth of fiscal stimulus issued recently by national legislatures around the world, and it’s little surprise that price inflation is now raging.

In short, our currency is losing its purchasing power at an alarming rate.

So, is the potential for true currency collapse — aka, hyperinflation — something we need to start worrying about?

We ask this very question to sound money advocate James Turk, the founder of GoldMoney, to understand exactly what’s going on.

How much worse is this loss of purchasing power likely to get? What can history tell us to expect from here?

To hear James’ highly informed answers, predictions & recommendations, watch Wealthion’s new video interview with him.

If you like this video – subscribe to Wealthion, it’s one of the fastest-growing financial channels on YouTube.

Source: https://goldsilver.com/blog/are-we-on-the-path-to-hyperinflation-james-turk-wealthion/

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