A blog for those relatively new at exploring the world of politics. It's also for those who want to discuss U.S. politics, history, economics, and our country's current state of affairs.
Wednesday, June 13, 2012
Print! Print! Print!
The knuckleheads who run the central banks around the world, from "Helicopter" Ben Bernanke here at the Fed to the littlest central banker somewhere on the globe, know how to do only one thing: create more money out of thin air. Read this article here that explains what they've been up to and what they may continue to do. At some point they won't be able to print (actually electronically create) any more money. Then what? You guessed it: global depression that will make the 1930's depression look like a walk in the park. Own any precious metals or a case of fine scotch? You should.
Mr. Scott that means higher taxes again to pay for the money out of thin air great. Wish I could print money, oh almost forgot now everything else will cost more.
ReplyDeleteHang on to your hat, Guerobg, 'cause it's going to get interesting!
ReplyDeletegot some gold and silver finally! More silver than gold but its a start. As soon as i get a better job i plan on getting more. To top it off, just in case, i am learning mandarin. I have a feeling i will need all three in the very near future.
ReplyDeletegot some gold and silver finally! More silver than gold but its a start. As soon as i get a better job i plan on getting more. To top it off, just in case, i am learning mandarin. I have a feeling i will need all three in the very near future.
ReplyDeleteThank you for sharing, with my best regards.
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