It Takes Inflation to Make a Bubble

October 15th, 2012 → 5:32 pm @

Welcome to the World of Too-Big-To-Fail-Bailouts, Ballooning Sovereign Debt Bubbles, and the Big Bang Theory of Fiat Currency The Debt Bubble had burst, and suddenly the US Taxpayer was going to have to pony-up and bail out the banks. The public was told that it was their fault for living so far beyond their means and buying things they could not afford. They were informed that it was poor performance by borrowers that had been the cause of the dilemma. They were told that it was going to be the-end-of-the-world-as-we know- it scenario, if the financial institutions were not propped
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Blog &The Silver Bomb

Papering over Paying the Piper

October 12th, 2012 → 5:46 pm @

Monetizing the National Debt by rendering it insignificant through inflation America can never pay back its debt. Unimaginable trillions of dollars have been loaned into existence, created out of thin air to prop up the banks and the economy. America’s national debt currently stands at 100% or more of GDP, with roughly half of that debt held by foreigners. The days of exporting debt are over, now it’s time to default on it…one way or another.

Blog &The Silver Bomb