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Tag Archives: Hyperinflation
Undoubtedly, you’ve seen the recent shakeup in the news on how the Fed is thinking about tightening up the free money they’ve been handing out to bankers. The purpose of all this printed money, we were told, was to give the economy time to heal itself and thus avoid an economic collapse. Trillions of dollars were given to Wall Streeters and bankers, yet we have little to show for it. The media has long ignored the fact that this injection of money hasn’t accomplished anything but keep friends of the Fed in a constant supply of cash. This is, of … Continue reading
This is one of those “shoes” that we have been waiting to drop. The rest of the world is fed up with our monetary policies and the inflation that we’re exporting. While small countries can’t do much about it, the larger countries can, and as you can see from the article, they have. In a nutshell, China is now completely set up and ready for any country to buy and sell oil using their yuan, instead of US Dollars. This is the equivalent of a death knell for the dollars. [From Dollar no longer primary oil currency as China begins … Continue reading
The first two rounds of Quantitative Easing haven’t done anything to improve the economy, only prolong the pain and agony that so many are now going through. The US economy cannot be doing well if we have this many people in dire straits: [From More Than 100 Million Americans Are On Welfare – ] There are more Americans dependent on the federal government than ever before in U.S. history. According to the Survey of Income and Program Participation conducted by the U.S. Census, well over 100 million Americans are enrolled in at least one welfare program run by the federal government. Many … Continue reading
Here’s a recipe for disaster: “ the Fed will keep injecting money into the economy until growth picks up and unemployment starts dropping significantly.” QE1 and QE2 didn’t work, so now we need QE3. You would think that they’d learn, but remember, these are the same people that didn’t see the 2008 Recession coming and said that everything was fine. Until it wasn’t fine. Not to mention, can you point to anyone, besides bankers, that was actually helped by QE1 or 2? Me neither. [From QE3: Reactions to the Feds big stimulus move – ] On Thursday, the Federal Reserve announced yet … Continue reading
Haven’t covered too much about the economy lately; I hit on the economy so much last year that I want to make sure that we cover other things as well. However, it’s important to realize that the economy is still highly unstable. This means that, at any time, the markets can turn upside down and crash, or fall, or any number of things that will cause an “unsettled period of time.” Like, recessions, depressions, collapse of the dollar, things like that. Remember, we still haven’t recovered from the last recession, though some say that we’re still in it and some … Continue reading
I don’t know anything about this group yet, but I thought this video was very well done. I didn’t see anything in it that I haven’t already seen from countless other sources, but this does a great job of putting it all together. Oh, and take note of the economists that have been telling us that nothing bad is going to happen, over and over (I won’t say his name, but it rhymes with Bernanke)
So, you really believed the Federal Government when they said that it was only going to cost the American Taxpayers $700 Billion for the bailout. I don’t think the ink was even dry on that paper when it already began to increase. The Federal Government is prepared to give away $7.7 Trillion dollars of your money. Isn’t that nice of them? Read the Bloomberg article. I don’t remember giving anyone in the government permission to spend our money like that, but they’re doing it anyway. Why? Because they can. What does it mean? It means we’re in for a whole … Continue reading