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Friedman Predicts the Destruction of the Dollar The late, great Milton Friedman in his classic book prophetically revealed how Obama's reckless monetary policies will cause hyperinflation and destroy our nation Dear Investor: Everything Barack Obama, the Federal Reserve, and Congress are doing was predicted in startling detail almost two decades ago by a famous Nobel Prize-winning economist. His name was Milton Friedman. Though he passed away in 2006, in his prophetic book, Friedman showed how, facing massive deficits, the U.S. government would dramatically increase the money supply; why foreign countries would stop buying our debt; how the Fed would start buying our Treasury bills; and why this would call cause massive inflation. He even predicted that our officials would claim inflation was no problem at all. Amazingly all of this is coming to pass! Make no mistake about it — the Obama administration is embracing massive inflationary deficit spending. In just a few months, Barrack Obama has more than doubled the U.S. money supply...committed the government to nearly $24 trillion in new spending . . . and warned the American people to expect trillion-dollar deficits for the foreseeable future. While the media has been falling over itself to praise Obama's "bold initiatives," the question no one has been asking is, "Where is all of this money coming from?" Decades ago, Milton Friedman answered these questions clearly and precisely in his insightful — and very topical book, Money Mischief: Episodes in Monetary History. In Money Mischief, Friedman even warned that the coming inflation could "destroy" our country. Here's what he wrote: "Inflation is a disease, a dangerous and sometimes fatal disease that, if not checked in time, can destroy a society." (Money Mischief, Page 191) You see the end result of that process in countries like Zimbabwe today, where prices double every day, and it now takes a $10 billion Zimbabwe note to buy a single loaf of bread - assuming you can find one. Could America suffer the same fate? Friedman wrote ominously, "The Fate of a Country Is Inseparable From the Fate of Its Currency." Even Warren Buffett recently admitted on CNBC that the only way for the U.S. to solve it's woes was to inflate the currency. There is little doubt that Obama's massive deficit spending will doom the dollar and our economy. You need to find out what is really happening to our economy and your wealth and get a copy of Milton Friedman's pathbreaking book, Money Mischief. Its insights are so relevant and shocking — it reads like it was just published for our times! Friedman also tells how the U.S. and the West could still avoid hyperinflation, even with unbacked paper currency. We'd like to send you a complimentary copy of Money Mischief (a $14 value) by one of the greatest free-market economists of the past 100 years. That's right — it's absolutely FREE — PLUS we'll send you a FREE four-month trial subscription to Financial Intelligence Report (FIR) — a value of $66! In all, you receive a $80 value with crucial insights into where our nation's economy is headed - absolutely free! Just pay our standard $4.95 shipping and we'll send your book and begin your trial subscription immediately. Get Money Mischief Absolutely We'll Rush This Important Book to You To receive your FREE copy of Milton Friedman's Money Mischief simply click here. Just pay our standard shipping and handling of $4.95, and we'll immediately send your free book and begin your trial subscription. What you will learn in Milton Friedman's Money Mischief is just a sample of the crucial and timely financial information you'll receive every month in the Financial Intelligence Report. Unlike most other financial newsletters, with Financial Intelligence Report, there is no hype. There are no absurd claims. You get just thoroughly researched, accurate information, along with reasonable projections and excellent investment advice from some of the best financial minds in the country. And rather than a narrow focus on just a few investments like most financial newsletters, FIR covers it all: stocks, bonds, munis, options, commodities, even precious metals. And FIR has an incredible track record. Since 2003, the year it began publishing, it has outpaced the S&P every year — and its current portfolio picks top the S&P by over 30 percentage points! Financial Intelligence Report is edited each month by a team of analysts and experts led by its publisher, Christopher Ruddy. Ruddy, a graduate of the London School of Economics, serves on the board of the prestigious Financial Publisher's Association and has been a noted commentator and author. Ruddy and the FIR team, in turn, speak with some of the great financial minds to give our readers the other side of the story — beyond the media spin. Our FIR team and contributors includes:
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