Jason Rines (iThinkBig)

Inflation Could Cure Our Economic Ills

Agree Smarty, this Titanic has a tiny rudder. All should be escaping in the lifeboats, there are enough to go around but only a few are given access. This is an old historic tale of cause and effect, those in power take from the weak but not powerless little guy, the multitudes of little guys eventually revolt or the nation is conquered and life goes on. I believe this time there will be serious geopolitical consequences, we are after all, in the nuclear age.

It feels strange, because it almost feels as though a few at the top knew America was fast becoming bankrupt but instead of standing up and doing what was right, squeezed another couple of rounds of wealth on top of it. This 'meaness' resembles 1873 hardship created from railroad stock, government and banking corruption then 1929, although today seems similar to 1929 with the excess leverage. Worst of both worlds perhaps. As stated in the past, the citizenship will learn the who's who of the corrupt in Washington and clean house. Four years of pain, voter revolution in 2012 and beginning of the next Bull market in 2013 has been my forecast for several months now.