Saturday, March 21, 2009

Hyperinflation

This week US treasury bought took on more debt. In fact, our Federal Reserve said they will print money to buy treasury bills. Market intervention is path to hyperinflation. Folks, this could not come at a worse moment. Already Red China is moving away from our dollar and making noises about our massive debt.

Unless we take drastic action we could soon see massive hyperinflation and the end of the dollar as world reserve currency. Sadly, our plight is avoidable, but we cannot overspend and under produce.

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