By: malterwitty
Tags:
ECONOMY
Open ended inflation is exactly what destroyed Wiemar Germany, and more recently Zimbabwe. The central banks and their lackeys will claim there is no comparison. I beg to differ. When a nation expands debt spending instead of cutting it, and then monetizes that debt through fiat printing in order to allow even more debt to accumulate, that nation is not going to survive. That nation will eventually hyperinflate, then default, then collapse, either turning into something entirely alien, or fading from history altogether. This is what we have to look forward to in light of QE3, the final and infinite stimulus adventure. Something has to give, and it has to give soon. My bet is on the dollar…
http://www.alt-market.com/articles/1034-get-ready-for-an-epic-fiat-currency-avalanche
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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