We Will Be Destroyed By Inflation That Paralyzes The Economy

from King World News

Today legendary value investor Jean-Marie Eveillard, who oversees $60 billion, warned King World News that we are headed towards runaway inflation and an economy that will be become paralyzed by the enormous distortions created by this inflation. Here is what Eveillard had to say: “Inflation creates enormous distortions, and if you take the extreme example of Weimar Germany in the early 30s, it (inflation) paralyzes and almost destroys economic activity because the distortions become gigantic.”

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