A few months ago, we found this interview with Marc Faber and Michael Shedlock (aka “Mish”). Faber once said in an interview that he was “100% sure” that the US will fall into hyperinflation. Mish, on the other hand, is a very staunch deflationist (see Are deflationists missing the elephant in the room? Or are they believing in something more sinister?).
What if you put the two together in an interview? Will they clash? Surprisingly not, as you can see…
In particular, pay attention to what Mish said in the final moments of this video.
The takeaway lesson is this: the unfolding train wreck will be something the world has never seen before (as one of our reader, DavidL said). Whatever ‘flation it is, it would not follow the script of the past.
Tags: Marc Faber, Michael Shedlock, Mish
