Thursday, September 23, 2010

A Simple Explanation to Hyperinflation:




Let me sum this up - you can't increase the national money supply by 120% in 18 months and expect it to be worth the same as it was before. Zimbabwe, Germany (in the 1920's), and the USSR all failed because of doing EXACTLY what our government is doing right now! The sad part is Ben Bernanke is telling everyone we are in recovery and there really isn't an issue with the economy. Of course, his words don't really mean anything anymore. After all, he is the one who said the auto industry was recovering - only 6 months before the Federal Government decided it was their spot to step in and bail them out for billions of dollars - only to have the file bankruptcy anyways (even after getting the $$$) a few months later. Bernanke is also the one who said there was not going to be a housing bubble only a year before it burst. If you really want to be informed, we need to stop listening to the LIES of Obama, Bernanke and others trying to push a socialistic big government policy on the US.

Things NEED to change. There needs to be a correction with the US dollar. That is going to mean hard times on the US for a couple of years, but if we keep on with the current policy (just printing money to pay off international debt), we are inevitably going to have Hyperinflation which would most likely equal the end of the US Dollar as we know it. History doesn't lie. I am not talking 2012 end of the world stuff here, it is simple economics, and math doesn't lie...

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