As the summer season winds down and America heads into Fall and the holiday season, it is very likely that a severe round of inflation will grip the nation. The government has been printing Monopoly money! The government bailout of the banking industry has been slow to ignite what many see as an inevitable surge of inflation, because banks have been very cautious with their money, initially intended to expand credit for business. Instead banks used the money to shore up their own shaky financial condition, but are now ready to loosen the flow of credit. This will ignite inflation that is already trending toward catastrophe. Hyperinflation 2011 will be the result.

The August deal brokered in Washington DC to raise the national debt ceiling gives the government license to print money, Monopoly money, which can only be repaid by inflation-bloated dollars. Although there are planned spending cuts of $2.4 trillion over the next decade, none of these cuts will take place anytime soon, theoretically so as not to interfere with "the recovery". First of all, there is no recovery. In 2010 we saw giant leaps in the price of commodities here in the U.S. and those inflationary pressures are just now starting to be felt in the public sectors. The raising of the debt ceiling and the circus that surrounded how it was handled in Washington caused the U.S. to lose its AAA credit rating for the first time in history. We are already seeing a huge uptick in inflation in the U.S. today, as effects of these policies. As U.S. consumers and the world looses confidence in the dollar, it will continue to slide making EVERYTHING cost that much more. The combination of these events are the beginnings of what is going to result in hyperinflation 2011, maybe as soon as when the holiday spending season comes into play.

The deal is another government sham just to keep the game going a little longer and "kick the can" down the road again. In 2013 Congress will again have to vote to raise the debt ceiling. There are no mandates that Congress must abide by the plan. They will find ways to increase spending each year. Even if they do not, spending increases are already included in the planned budget for each year. There is nothing to stop hyperinflation from further devaluing the dollar, which has already begun the process of losing ground against foreign currencies, commodities and precious metals.

These problems will occur even if interest rates remain low, as Ben Bernanke has promised to do until mid 2013. If the Fed actually were to raise rates to help curb the inflation, they would need to do so immediately and very sharply as Paul Volcker did during the Reagan administration. Even this is questionable as to whether it would help. It would stall any growth within the economy and then all bets are off. Hyperinflation 2011 could extend well into the foreseeable future. The country has already been given a taste of the damage that phony profits can provoke. Rather than address these serious issues that have caused serious U.S. dollar devaluation over the last 20 years, inflation and just recently doubling of the price of gold, the Federal Reserve actually wants to print more money. Soon your dollars will be worthless and you will need to carry a calculator and a wheelbarrow full of cash to keep up with the coming inflation. Hyperinflation 2011 will quickly spread to other countries, so there are no investment safe havens there. The U.S. is the reserve currency of the world and many countries own more U.S. dollars than their own currencies. The only reliable wealth in the world today is the true currency and money of the world, precious metals - gold and silver.

The price of these commodities continues to rise sharply, so now is the best time to convert as many of your assets as possible. History repeats itself, with a twist but the core fundamentals will be the same. The coming inflation is inevitable and those on fixed incomes or depending on retirement accounts not backed by solid assets may well face financial ruin. Throughout history gold and silver have always been a safe haven in times of economic turmoil. Current worldwide governmental monetary policy is on a course that will make the great depression seem like a slight dip in the economy. Serious fixes are needed immediately to ward off hyperinflation. Even if you do not fully believe that these things could ever take place. What if we are right? Isn't it in your best interest to buy an insurance policy? Precious metals are at the start of a bull run, based on the insecurities in the world today. People historically flock to these metals when times of uncertainty are upon us in the world. Isn't it worth a closer look? Get educated today!

FAST EFFECTS of HYPERINFLATION 2011!

This video gives a quick explanation of the speed of hyperinflation as it took place in Zimbabwe from 2007 through 2008. This is real and shows how fast and devastating hyperinflation is. 

Gonzalo Lira: Hyperinflation 2011 - it's coming to the US  - PART 1

This is the 1st video of two where Gonzalo Lira gives an explanation of why hyperinflation is coming to the US very soon. 

Gonzalo Lira: Hyperinflation 2011 - it's coming to the US  - PART 2

This is the 2nd video of the series where Gonzalo Lira gives an explanation of why hyperinflation is coming to the U.S. very soon.