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To: KeyLargo

They already are, it’s called Inflation. Germany -1923- in a few short months ones lifetime savings wouldn’t buy a postage stamp!


44 posted on 05/22/2011 6:10:21 AM PDT by jacob allen
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To: jacob allen

Inflation is already here
by Brad Schaeffer

Meanwhile the average American is being squeezed ever more by rising prices and diminishing real value of their savings. The Fed and their enablers in the Federal City will have much to answer for in the years ahead. “What’s happening in Washington now is destroying the class of people who save an invest,” said investment guru Jim Rogers. “All the people who did the right thing are earning that much money right now. That’s not how the system is supposed to work.”

But that is how the overrated minds running the Fed and the Treasury, neither of whom has ever run a private business feel how the system should work. They seem utterly incapable of understanding that the past predicts the future…until it doesn’t. By the time we realize the world has changed and the old school approach is just that, it may be too late.

http://biggovernment.com/bschaeffer/2011/05/14/inflation-is-already-here/


46 posted on 05/22/2011 6:23:14 AM PDT by KeyLargo
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To: jacob allen
They already are, it’s called Inflation. Germany -1923- in a few short months ones lifetime savings wouldn’t buy a postage stamp!

Exactly.....it took 40 posts or so to get the right answer. They'll never directly seize America's private retirement accounts because that would cause a revolt. They'll just keep printing dollars until we won't have to buy toilet paper anymore.

Demoncrats killed America
87 posted on 05/22/2011 7:32:08 AM PDT by Electric Graffiti (Crush your enemies, see them driven before you, and hear the lamentation of their Moonbats)
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