Tag: Hyperinflation

National Inflation Association Scam?

While their documentaries still seem to be worthwhile, here is some interesting information about the National Inflation Association.  I think it is important to point out that potential future hyperinflation is a real danger, and we are seeing massive inflation now.  This possible scam deals with the stock suggestions that NIA sent out to members. [youtube=http://www.youtube.com/watch?v=XYOclEsKHtc]

From The National Inflation Association – Sarah Palin Food Inflation Controversy

Here is the link: Sarah Palin Food Inflation Controversy Food prices are out of control. Here is an excerpt from NIA’s story: The U.S. government is currently printing money just to survive. The Federal Reserve has held the Fed Funds Rate at 0-0.25% for nearly two years and just announced that it will be printing an additional $600 billion in new U.S. dollars by the end of June 2011. Since the beginning of September until now, just in anticipation of the Fed’s upcoming quantitative easing, we have experienced the largest ever short-term increase in the history of agricultural commodity prices with corn rising by 32%, soybeans rising by 32%, orange juice rising by 12%, coffee rising by 19%, and sugar rising by 66%. These agricultural commodity price increases will begin to work their way into grocery stores nationwide in the weeks and months ahead, as food manufacturers and retailers are forced to raise their prices.