[wjeanw]

A scary tidbit in Yossef Bodansky's book about the first World Trade Center bombing concerned the counterfeiting of US currency. He claimed in TERROR that the Iranian government has been pumping millions and millions of top quality counterfeit dollars into the economy for a number of years. The conspirators claimed at the trial and it was verified during the investigation that the attack on the WTC was to destroy the Western economy by hitting at the confidence in world traders. Now with the successful hit at the WTC and the Feds pumping legitimate money into the economy, I wonder the same thing about inflation.

[Wyatt's Torch]

Now with the successful hit at the WTC and the Feds pumping legitimate money into the economy, I wonder the same thing about inflation.

The Fed took back $60B from the original $85B. Gold has dropped from $295/oz to $291/oz since. They tried to do the right thing but it just didn't wash with their Keyenesian models. Larrt Kudlow on this topic