Most Americans think we can keep entitlement programs as they are but there simply is not enough money in the world to pay for it all. The result is printing money to buy our own debt which is what is happening at the federal reserve right now. That will lead to hyperinflation and the loss of retirement and savings value.
Post Tagged with: "unsustainable entitlement spending"
February 8, 2011 14:36
U.S. Debt Crisis Could Explode at Anytime says former Treasury Secretary Rubin
Most dangerously, there is a risk of disruption to our bond and currency markets from the fear of much higher interest rates due to future imbalances or from fear of inflation because of efforts to monetize our debt.
October 25, 2010 13:03
Could the Federal Reserve Ignite a Civil War?
Judge Napolitano discusses the federal reserve and monetary polices with Peter Schiff.
August 13, 2010 05:31
Washington vs. Paul Ryan
What happens when a politician is more honest than his critics. -WSJ
March 9, 2010 06:50
The Tax That Spells Trouble for the Economy
The savers hit by Obama’s proposed healthcare tax provide the largest volume of funds to finance investment in our economy.
