Andy Hoffman: HYPERINFLATIONARY SUPERNOVA – GUARANTEED!
Hyperinflation is when currency spirals out of control and it takes more and more currency to purchase goods and services. Yesterday a loaf of bread cost $3.00, today is $5.00 and tomorrow it goes $8.00 per loaf. This is what hyperinflation looks like and what can happen in a very short period of time. Today, in the U.S., we are told inflation is approximately 2% annually. Nothing could be further from the truth. I was buying a product on a weekly basis and it was packaged in a 24oz container. One week the 24oz cost $3.00 the very next week the 24oz container had been replaced with a 16oz container for the same cost of $3.00. This is a 33% increase in the price in one week. The actual price did not change, however, if you remove one-third of the product and offer it at the same price, that is still inflation.