To the Readers' Forum:
As western economies accelerate toward their debt default crash (as in bonds going to zero) We see inflation raging all around us (as in currencies going to zero). Official numbers on inflation have become such absurd lies that they are now entirely irrelevant numbers. In the real world, inflation is now a double digit plague in virtually every economy and cutting interest rates stokes that inflation. Bottom line, inflation destroys our purchasing power; such crippling inflation causes the collapse of these hollowed out economies to accelerate. Thus we have a world where inflation and insolvency can and are simultaneously worsening.
As usual, my greatest condemnation must be reserved for the mainstream media, a corporate propaganda machine which is entirely owned by a handful of oligards to protect the paper empire of the felonious banking cartels, we have been fed an endless diet of don't worry, be happy tripe from the shameless shills employed by these oligards.
The United States economy is nothing but a credit card which is past the point of being maxed out. The ludicrous notion that the U.S. can print its way out of insolvency is nonsense. The U.S dollar is already worthless. Worthless paper cannot mitigate insolvency. However, trying to do so is how past governments produced hyperinflation.
Rex V. Willard
Jamestown