Expecting Hyper-Inflation: Fed Chooses to Monetize America's Debt [View article]
It is indeed a dark day.
I am in a quandary, because my family just don't get it, and don't support me wanting to take steps to hedge against hyperinflation....what to do, what to do....
I wonder how long it will take for the masses to realize how bad this is, and see through the wool pulled over their eyes? I really want to leave USA before that day comes...
On Mar 20 09:04 AM SW Richmond wrote:
> We've just witnessed the most significant day in American history > in the last sixty-five years, and few Americans recognize it. It > is nothing less than the day the US government admitted to the world > it was insolvent. Pundits can yammer, but if any American family > had gone to BK court and told the judge "we're going to print money > to make our mortgage payments and maintain our lifestyle" there's > no doubt what the judge would have replied. > > Our "president" is still campaigning and glamming it up, because > that's all he knows how to do. Someone else, obviously the same > entrenched power structure, is making decisions, and bad ones at > that. We were promised change but have "stayed the course", not > "changed horses in the middle of the stream", and gotten at least > "4 more years." > > This is not going to end well; it can't. You can't print value, > and everyone knows it. America, be ready. The welfare-warfare Leviathan > is killing itself, and if we're not careful it will soon be replaced > by its warfare-only cousin (since we won't any longer be able to > afford welfare). > > It's a dark day.
Expecting Hyper-Inflation: Fed Chooses to Monetize America's Debt [View article]
I am in a quandary, because my family just don't get it, and don't support me wanting to take steps to hedge against hyperinflation....what to do, what to do....
I wonder how long it will take for the masses to realize how bad this is, and see through the wool pulled over their eyes? I really want to leave USA before that day comes...
On Mar 20 09:04 AM SW Richmond wrote:
> We've just witnessed the most significant day in American history
> in the last sixty-five years, and few Americans recognize it. It
> is nothing less than the day the US government admitted to the world
> it was insolvent. Pundits can yammer, but if any American family
> had gone to BK court and told the judge "we're going to print money
> to make our mortgage payments and maintain our lifestyle" there's
> no doubt what the judge would have replied.
>
> Our "president" is still campaigning and glamming it up, because
> that's all he knows how to do. Someone else, obviously the same
> entrenched power structure, is making decisions, and bad ones at
> that. We were promised change but have "stayed the course", not
> "changed horses in the middle of the stream", and gotten at least
> "4 more years."
>
> This is not going to end well; it can't. You can't print value,
> and everyone knows it. America, be ready. The welfare-warfare Leviathan
> is killing itself, and if we're not careful it will soon be replaced
> by its warfare-only cousin (since we won't any longer be able to
> afford welfare).
>
> It's a dark day.
Don't Kick Yourself Later for Not Buying Gold and Silver Now [View article]
But yes, I would love some gold. Yes please.
Sad to say, I think the US dollar is only strong because other currencies look even worse in comparison.