The Road to Hyperinflation....................from Rico

The Ukraine is on the road to hyperinflation.

- Unlike the Hope and Crosby "road" movies, this one will NOT be amusing, nor have a happy ending.

 

Food prices have risen in the Ukraine 57.1%, with the price of grains and vegetables riising 91% from Jan 2014 to Jan 2015.....but "official" inflation is reported at 28.3%.

- Remind you of someone else's fake "official" statistics?

 

This is what happens to Gold in a fiat currency crisis. Thhis is what inflation in the Ukraine has done to the price of Gold.

- Ask a Ukrainian citizen if they would rather hold their fiat currency, or a bit of physical Gold, why don't you