EXTRACT:

Because of the unusually lower velocity of money, "We’re closing in on the 6-7 year period right after the first round of quantitative easing started in the U.S. so I do expect to see some sort of inflation increase in the near future, and the problem is once the velocity of money goes up again, then you might, indeed, have some sort of snowball rolling off the slope of a hill, and it will be completely uncontrollable."

http://www.shtfplan.com/headline-news/highly-respected-economist-warns-hyperinflation-is-on-the-table-it-will-be-completely-uncontrollable_10182015

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