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So Greece will solve it's debt problems by taking on more debt... And inflation is not an issue. Hmmm... I guess that means the US will raise the debt ceiling and Dr. Ben will print more money. Looks like a good buying opportunity for metals IMHO.
The stock market has been temporarily propped up by the actions of the Federal Reserve via the bailouts, QE1 and QE2. Dr. Ben, however, is running out of rabbits to pull out of his hat. The problem is that the US has built up a FALSE economy over the last 3 decades... an economy based on consumption and financed with D...more
The stock market has been temporarily propped up by the actions of the Federal Reserve via the bailouts, QE1 and QE2. Dr. Ben, however, is running out of rabbits to pull out of his hat. The problem is that the US has built up a FALSE economy over the last 3 decades... an economy based on consumption and financed with D...more
The Fed is printing money like a drunken sailor to pay for BIG govt and the excesses of Wall St. The increase costs of food, energy and other essential items (inflation) is a means to finance the MACHINE. So while the oligarchs on Wall St bathe themselves with HUGE salaries and bonuses (buying the influence of your el...more
5/19/2011
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