Inflation will destroy US savings and purchasing power but the Fed and Obama have decided that is an ok price to pay to bail out Europeans. Obama is desperate to keep the economy from tanking any further before the 2012 election.
Post Tagged with: "hyperinflation"
December 1, 2011 12:02
Yesterday’s Stock Market Rally Courtesy of Government Ponzi
The actions of the Central Banks signal how desperate the situation is. Nothing was done to help Greece, Spain or the other insolvent European sovereigns. Yesterday was an attempt to keep the dysfunctional world financial system going awhile longer.
August 29, 2011 08:38
US In Recession Right Here, Right Now
The US is in a recession now. I am not the only one who thinks so.
July 27, 2011 05:55
MARC FABER: The Debt Fight Is Meaningless, As Governments March Toward Hyperinflation
“it doesn’t solve the fundamental problem of excessive debt and of further, very substantial deficits.”
June 13, 2011 07:57
The Fed’s $600 Billion Stealth Bailout Of Foreign Banks Continues At The Expense Of The Domestic Economy, Or Explaining Where All The QE2 Money Went
[I]nstead of doing everything in its power to stimulate reserve, and thus cash, accumulation at domestic (US) banks which would in turn encourage lending to US borrowers, the Fed has been conducting yet another stealthy foreign bank rescue operation, which rerouted $600 billion in capital from potential borrowers to insolvent foreign financial institutions in the past 7 months. QE2 was nothing more (or less) than another European bank rescue operation!
June 2, 2011 06:18
Government policies will cause depression and high inflation – Schiff
Peter Schiff explains how current government policies are leading us to a depression worse than the Great Depression and possibly coupled with hyper inflation. He says there never was a recovery, just an artificial bump from massive spending of printed money.
May 17, 2011 08:29
When Money Dies – a review
When Money Dies, the horrifyingly true story of post-World War I Germany’s experience with hyperinflation, was first published in 1975. Largely because the world has been forcibly reacquainted with central banks, and specifically, the U.S. Federal Reserve’s “quantitative easing,” this essential book was republished and re-released in 2010.
April 25, 2011 05:14
Why The Fed Must End QE2 on April 27th
The average American citizen cannot withstand another two months of “Asset Inflating” on behalf of the Fed, enough is enough, time to cut the QE2 policy initiative short.
April 22, 2011 08:04
24 Signs Of Economic Decline In America
We really are steamrolling toward a complete and total economic collapse and our leaders are doing nothing to stop it.
April 22, 2011 07:21
It’s GAME OVER For the US
There is only one way out of this mess and that is default. The US cannot EVER pay back its debts. A US default is going to happen GUARANTEED (hyperinflation induced by endless money printing is just another form of default). When this happens, the US Dollar will collapse, lose reserve currency status, and inflation will rip through the system destroying the purchasing power of anything paper-related.
