
IPFS News Link • Economy - Economics USA
Clay Clark warns public of possible weaponization of US monetary system
• https://www.naturalnews.com by Nolan BartonA snippet of his program discussed the astronomical rise of inflation last year, culminating with the biggest annual inflation hike in four decades.
"Historically speaking, the final thing that happens before a country falls is you see intentional inflation. What does that mean? It's where the government weaponizes the monetary system," explained Clark.
He related that in Germany, the prices doubled every 3.7 days in 1923 because the inflation rate was 29,500 percent at the time. In Nicaragua, the highest monthly inflation was 120 percent as prices doubled every 16 days in 1980. In Yugoslavia, prices doubled every 1.4 days in the 1990s as inflation rate hit an absurd 313 million percent. In Zimbabwe, the inflation hit a record 79.6 billion percent in 2008 as prices doubled every 24.7 hours. And the latest, Venezuela's monthly inflation hit 929,790 percent in 2018.
It may not happen in the U.S., but inflation is real and already being felt by Americans.