Turk On Japan and Hyperinflation

``Eric King:  "James, when you discuss Japan going down, how shocking and destabilizing will that be for the financial world?" Turk: "It could be the straw that breaks the camel's back, Eric.  We are on this path to currency destruction.  Debt is a two-edged sword.  It can be useful but it can also be harmful.  And when you are borrowing money and turning that money into currency, monetary history shows that is how currencies are ultimately destroyed."'