Mish: Poland rising or falling relative to the Euro.

Mish asks if Poland is the next Turkey.  I say, not immediately but when red C is done the hyperinflation will begin.  After all, all fiat currency is fake money.  There is no "IF" it eventually blows up, only when.  There is no such thing as a fiat currency that is real money.  All of it is fake, faith based currency.

You have to wonder, though, why they took all the precious and semi precious metals or useful industrial metals out of the money supply (i.e. gold/silver/copper) yet left the nickel untouched.  The nickel is the only denomination of commodity money left standing in the US money supply.  It's actually still made out of nickel and copper, both of which are important and useful industrial metals.  Thus it is real money.  5omeone is saying something to those who can see past their nose.