Anyone who doubts the coming inflation need only look at the graph below, reproduced from a research document by the St. Louis Federal Reserve:
The only unknown in this is how long it will take for the inflated money supply to wreak its havoc on the economy.
It’s already worse than I thought.
Two--Four // Dec 11, 2008 at 5:02 am
[…] is that none of it is true. And if you don’t know the facts, then you will have no way of knowing what’s this government is doing to you right now. Dec 11, 08 | 7:47 am AxeBitesVarious guitars I see floating by, mostly Gibson and mostly eBay. […]
So, between Sep and Dec, the money supply was increased from 860 billion to 1500 billion?
No rest for the wicked.
banks are not yet lending. they are stockpiling. we are close to 100% reserves, even.
How the bailouts have devalued the dollar « Horseman, Pass By! // Dec 11, 2008 at 2:35 pm
[…] How the bailouts have devalued the dollar By kishnevi Since September, the money supply has nearly doubled: that’s an inflation rate (if I did my ma… […]
Holy worthless paper, batman! | Truth, Justice, and the American Way // Dec 17, 2008 at 11:39 pm
[…] Full report. From: The New Clarion. […]
Skaffa er ett liv « Förnuftets kalla och oresonliga röst // Dec 21, 2008 at 7:59 pm
[…] Vad man gör är att man försöker rädda och underhÃ¥lla en sjuk del av ekonomin, som aldrig hade haft en chans att expandera pÃ¥ detta ohÃ¥llbara vis pÃ¥ en fri marknad, genom att tvinga den friska delen av ekonomin att offra sig för “räddnings”- och “stimulans”paket. Hur finansieras de? Genom skatter eller ocksÃ¥ genom den omfattande inflation, som den amerikanska centralbanken just nu gör sitt allra yttersta för att pr…. […]