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A monetary system collapse is coming, and the trigger will be raging inflation, said Lawrence Lepard, Equity Management Associates managing partner.
“We’ve reached peak debt and peak money printing as a solution to our problems. The growth of the money supply has almost gone vertical”, Lepard told Michelle Makori, editor-in-chief of Kitco News. “And this is how inflation, which could become hyperinflation, get started.”
The system is broken and needs a reset, Lepard stated, noting that the U.S. dollar “as we know it” will collapse during this decade.
Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
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