John Williams, is a respected economist who runs a website that tracks actual government statistics (not the fudged ones released by the government) www.shadowstatistics.com .
Williams said that his definition of hyperinflation would be a situation in which a $100 dollar bill would become more functional as a piece of toilet paper than a store of value.
“This is a time when you want to preserve your wealth and assets because inflation will knock the value out of it,” he added, advising that people buy physical gold.
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