OF THE
TIMES
"Naturally, the smooth termination of the gold-exchange standard, the restoration of the gold standard, and supplemental and interim measures that might be called for, in particular with a view to organizing international credit on this new basis, will have to be deliberately agreed upon between countries, in particular those on which there devolves special responsibility by virtue of their economic and financial capabilities."We have been here before - twice. The first time was in the late 1920s, which led to the dollar's devaluation in 1934. And the second was 1966-68, which led to the collapse of the Bretton Woods System. Even though gold is now officially excluded from the monetary system, it does not save the dollar from a third collapse and will still be its yardstick.
General Charles de Gaulle, February 1965

Comment: See also:
- Macroeconomic analyst: Global gold supplies tighten but the money for hyperinflation has been printed
- Economist: Fed triggered the big stock sell-off - and the almighty dollar's next, 'this kind of thing eventually gives you hyperinflation'
- Countdown: How long do we have before seeing hyperinflation? One expert's answer may frighten you
and for a possible way to protect yourself: Hyperinflation, Nails in the Coffin and Silver Bullets