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what hyperinflation looks like

I thought of one way to visualize what hyperinflation will look like:

Today
1 ounce of silver = $35.20
1 ounce of silver = 65 pounds of rice
1 ounce of silver = 9.6 gallons of gasoline
1 ounce of silver = 35.2 rounds of .308 Remington Express Core-Lokt Rifle Ammunition

In the very near future, the one with the $ sign will be changing .. upward .. rapidly … dramatically .. at a parabolically accelerating rate. The rest will stay relatively stable. Silver is easier to store and keeps longer, but the others are more useful.

You could do the same thing substituting on the left hand column rice or gasoline or any commodity whose demand remains relative stable regardless of economic times. Thus, using this example, a probable future will resemble this:

May 2012
1 ounce of silver = $3,520.00
1 ounce of silver = 65 pounds of rice
1 ounce of silver = 9.6 gallons of gasoline
1 ounce of silver = 35.2 rounds of .308 Remington Express Core-Lokt Rifle Ammunition

Using this chart, 65 pounds of rice will cost $3,520.00. Brace yourselves.

Another thing this chart shows is a very stable relationship for everything but the paper dollar, also known as the Federal Reserve Note or fiat currency. A silver dollar has purchased the same amount of the above stuff for hundreds of years .. and will probably keep on doing so. Rather obviously, a precious metal currency is a stable currency. Paper is, well, paper and a real dollar can always buy 3,500 pieces of paper in a free market.