The Danger of Currency Hyperinflation

One thing is certain in life, besides death and taxes, and that is if you expand the quantity of money prices eventually rise; or more accurately the purchasing power of debased money falls. The problem is how to measure currency debasement, and this has been a topic of heated debate since fiat currencies first developed. This has led me to propose a new measure of money, which at James Turk’s suggestion I am calling the Fiat Money Quantity (FMQ). The purpose is to gives us a measure of fiat money that enables us to assess the danger of currency hyperinflation.

- Source, ALASDAIR MACLEOD of James Turk Gold Money:

http://www.resourceinvestor.com/2013/09/23/monetary-inflation-and-the-decision-not-to-taper?ref=hp