You know prices are rising rapidly today. But they will explode when hyperinflation hits. Prices could increase 1,000 percent or more within days. And your purchasing power will crater. (You can see the dollar's dramatic plunge in the chart from the American Institute for Economic Research below.)
Hamburger will cost $60 a pound.
Gas will cost $37 a gallon.
Can you imagine $500 to fill up your car?
I know it sounds insane... hard to believe... or downright "unthinkable." After all this is America, and nothing like this could ever happen to the dollar.
But it's complete BALONEY! The truth is the dollar has a date with DOOM.
For the first time in history, China and Japan are now planning to trade the Yuan and Yen without using U.S. dollars.
The International Monetary Fund is openly trying to replace the U.S. Dollar with Special Drawing Rights (SDR's) which are a hybrid of the U.S. Dollar, the Euro, the Yen and the British Pound... and if China gets their way, the Yuan.
China has already announced their plan to dump the dollar because they're worried about U.S. government spending and the Fed's excessive money printing.
To add insult to injury, China is quietly purchasing massive amounts of gold in adeliberate attack aimed directly at the dollar.
These are transformational times we live in... you can feel it!
Yet the U.S. Government continues to lie to you about inflation. In fact, starting in 1980, they deliberately changed the formula used to calculate the Consumer Price Index (CPI) in an effort to undermine those pesky cost-of-living increases for Social Security checks.
It's no wonder Seniors can no longer afford to make ends meet on Social Security... the governmentartificially lowered the CPI!
Today, the "official" CPI is about 3 percent. But if you use the "old" 1980 formula, the real CPI is closer to 12 percent.Now that explains your grocery and gas bills.
And they're lying about the deficit, too! Last year, the "official" deficit was reported to be a mere $1.3 trillion. Pure Fantasy!
According to shadowstats.com—one of the most reliable monitors of government spending—the true debt is estimated to be in excess of $80 Trillion once all government obligations are factored in.
So what will Washington do to get out of the crisis? They'll buy their way out by printing even MORE MONEY, all the while devaluing every dollar you own and triggering a hyperinflation crisis.
But no matter whether you watch or not, just know the time to get prepared for America's impending hyperinflation crisis is NOW because we will soon pass the point of no return.