Dateline: 26 April 2017
This essay is part of a series about Ralph Borsodi and his book, Inflation is Coming And What to Do About It. Click Here to go to the beginning of this series.
Some Final Thoughts
Ralph Borsodi was incorrect. The "worst financial disaster in history" did not come to America after he wrote his book, or even in his lifetime.
But, make no mistake about it, Americans have been hammered by inflation to some degree since Borsodi warned about it. And, as we all know, government debt has soared to levels that can never be repaid.
The hyperinflationary day of reckoning Borsodi predicted may still be ahead of us. And like every hyperinflationary crisis in history, most people will be ill prepared to deal with it.