Home Tags Inflation
When someone points to the Fed, the U.S. government and its “central planning” or “money printing” as the primary cause of the surge in the price of gold and justification of their USA hyperinflation theory, you might do them a favor and let them know that they’re right about the flaws of central planning and excessive money printing but that they’re focusing on the wrong central bank.
Sooner or later I think everyone will have an epiphany about money that pushes them to buy gold - even if it’s at levels that would seem expensive today.
It really is hard to find the words to describe the true horror of the national debt of the U.S. The U.S. government has been on the greatest debt binge in all of human history, and a day of reckoning is coming that is going to be so painful that it is going to shock America to the core.
The new debt ceiling deal legislation will add $2.4 trillion to the $14.3 trillion national debt in a little over a year – and we don’t even start saving money until after the debt reaches $16.7 trillion!
In spite of the spending cuts secured in last week’s last-minute budget deal… we are headed for a 50-square-mile iceberg and have just turned...
ED Note: An interesting little parable. Perhaps not earth-shaking, but an exciting allusion to Great Literature, and certainly apropos to the circumstances of the...
The Fed is terrified of the U.S. economy falling into a deflationary death-spiral [whereby] lack of liquidity leads to lower prices, leading to unemployment, leading to lower consumption, leading to still lower prices, the entire economy grinding down to a halt… Both the Federal government and the Federal Reserve are hell-bent on using the same old tired tools to “fix the economy”—stimulus on the one hand, liquidity injections on the other – but it’s those very fixes that are pulling us closer to the edge, [not to the deflationary drain, but a hyperinflationary spiral]. Words: 3040