Boston University economist, Prof. Kotlikoff, maintains that the U.S. cannot end its fiscal crisis by doubling taxes, as the International Monetary Fund suggests, or further stimulus spending [as Bernanke is doing] because it will simply increase the debt. [Instead he has some radical proposals of his own.] Words: 704
Read More »Coming Hyperinflation Will Make You A Billionaire By 2020! (+4K Views)
The National Inflation Association (NIA) believes that if the Federal Reserve doesn't reverse course immediately, we are on a direct path to all Americans becoming billionaires by the year 2020, if not much sooner. Being a billionaire in dollars won't mean anything. The wealth of Americans later this decade will be calculated based on how much gold and silver they own. We are at the beginning stages of a massive worldwide rush out of the U.S. dollar and into gold and silver. Words: 1021
Read More »News Flash! The Fed Has Declared That It MUST Create Inflation! Got Gold?
In... September's Federal Open Market Committee minutes, the Fed officially announced that ... "Unless ... underlying inflation moved back toward a level consistent with the Committee's mandate, they would consider it appropriate to take action soon" and take "... possible steps to affect inflation expectations." That's Fed-speak for a MANDATE TO CREATE INFLATION! Words: 694
Read More »Williams: U.S. Can Not Avoid Coming Financial Armageddon (+3K Views)
The U.S. economy is in an intensifying inflationary recession that eventually will evolve into a hyperinflationary great depression... [at which time] a $100 bill in the United States will become worth more as functional toilet paper/tissue than as currency. The U.S. government and Federal Reserve already have committed the system to this course through the easy politics of a bottomless pocketbook, the servicing of big-moneyed special interests, and gross mismanagement. The article is long but well worth the read. Words: 3565
Read More »America's Artificial Economy Is In Its Final Days – Here's Why!
Americans are enjoying their final days in an artificial economy that is being propped up by China and Japan... but when the bubble bursts we are going to see a societal collapse in the USA. Words: 694
Read More »The Fed MUST Inflate Away Debt or Default So MAJOR Inflation IS Coming!
If our assessment is correct, over the coming years, stocks, precious metals, commodities and real-estate will appreciate in value versus paper currencies. Furthermore, on a relative basis, we expect precious metals and commodities to outperform all other asset-classes. Conversely, we anticipate that cash and fixed income instruments will probably turn out to be the worst assets to own over the next decade. Words: 869
Read More »Relax! Inflation or Deflation Will Be Mild for Next Few Years – and Then…
There is no reason for investors to be worried about either inflation or deflation in the United States for at least the next few years. Words: 933
Read More »Investors Should Prepare Now for Coming Inflationary Depression – Got Gold?
It is an old saying that the “road to hell is paved with good intentions”. Well, in recent years, that road has been changed to a super-highway! America was put on that super-highway a few years ago and right now we are traveling at break-neck speed toward the financial abyss. Words: 1132
Read More »Move Over Japan – U.S. Edging Towards a Deflationary Trap Too
Some analysts suggest that the U.S. is heading into a long period of stagnant growth, in large part because of high unemployment and an overhang of debts that will restrain consumer spending which tends to hold down wages, putting more downward pressure on prices and once deflation sets in, consumers may hoard cash or try to pay off their debts faster, fueling the downward spiral of spending and growth. words: 1105
Read More »Why Deflation is Needed
The odds are growing that low inflation could become deflation — with some economists worried that it has already started to happen... [Frankly, though,] there is going to be no recovery, at least for a long time unless we have deflation... and those who reject [such a notion] will live to regret it. Words: 2148
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