Gerald Celente, the CEO of Trends Research Institute, is renowned for his accuracy in predicting future world and economic events, which will send a chill down your spine considering what he told Fox News this week.
The huge injection of dollars, creation of dollars, has grossly inflated the monetary base. If this finally makes it out of the hoarding in bank reserves, the inflation itself would be enough to tank the dollar by 90%, and the scenario might play out. We are reflating the currency. The results could indeed ultimately be a Zimbabwe or Wiemar, Germany. Look what happened to their GDP's and values of their currency.