Signs of Hyperinflation
Victor Sperandeo is an experienced and well-respected trader who has previously traded for George Soros. He sees a good chance of hyperinflation developing in America, saying “If you research history there have been 30 occasions of hyper-inflation, all the numbers that take place 100% of the time in the other 30 occasions are here.”
Some key points:
- percentage of borrowing as a percent of expenditures is too high
- hyperinflation is a run on the bank
- hyperinflation comes from deflation
- bonds are for trading, not investing
