From the National Inflation Association:
It took 25 years for our national debt to double from $257 billion in 1950 to over $533 billion in 1975. Most recently, our national debt has more than doubled from $5.8 trillion in 2001 to its current level of $11.8 trillion in just eight years. Our national debt is now growing three times faster that it did decades ago, which means we should expect a very minimum of three times faster inflation.Inflation Could Spell End of U.S. Financial System
Originally posted at TONY PHYRILLAS
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