Ruff says that he has recently decided that this time around the U.S will experience hyperinflation ("400 percent inflation or more") rather than "a rush of brains to the head, like Paul Volcker and Ronald Reagan did in 1980" and a halt to monetary expansion, "ending inflation and the gold and silver bull market, for at least a few years."
He writes: "I spent the '70s fending off the media label of "Prophet of Doom," arguing that I expected much less than doom. It turned out to be so.
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