[sickoflibs]

The Peter Schiff/Austrian Economics ping. (Washington Bankrupting our Nation by Spending your past, present and future money!)

FROM ABOVE :"A bit of recent news that hasn't gotten enough press is the fact that the Federal Reserve has surpassed China in total U.S. Treasury holdings and is now the largest holder of Treasuries in the world. As of last week, China held $896 billion of Treasuries while Japan held $877 billion. The Fed now holds $1.108 trillion and it has not even passed the halfway mark of its second round of money printing, which they call Quantitative Easing."

And the MSM says it's world demand driving up prices. Yep, how is our demand going up with so few new jobs being created?

[Pelham]

There are jobs, they just aren’t here. Commodity demand is coming from outside the country.

[April Lexington]

Well... as P.T. Barnum once said... “There’s a sucker born every minute!”

[investigateworld]

The free market in action: Every one has all the toys they want or need, hence they have gone down in price.

But food and energy, the things we can't do without? Yep, they're climbing

Full disclosure: I'm long on wheat.