40 ago Dr. North wrote a SIMPLE TO UNDERSTAND book: one of my best read and re-read ones:
Coined Freedom - a classic.
Now he KINDA gives you a head start.
Quote: But I think the central banks have their choice of catastrophes: deflation/depression vs. hyperinflation/depression. I think they will try to navigate a middle ground, but when push comes to shove, they will risk a controlled deflation, with selective bailouts for the largest banks.
The central banks are not there to save the governments, which come and go. They are there to save their clients: the largest banks. They know where their bread is buttered.
But if Congress ever nationalizes the FED, then hyperinflation is a real possibility.
~ HS = PS: gold and silver love extremes in deflation and inflation.