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Buckshot's Survival Hour
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Buckshot59
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Politics Conservative
Airdate:
Wed, Nov 24, 2010 02:00AM UTC
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Bullets In The Back: How Boomers & Retirees Will Become Bailout, Stimulus & Currency War Casualties http://danielamerman.com/articles/Bullets.htm The first reality check is that despite what you have been reading in the headlines, the United States is not in a "jobless recovery". Quite the contrary, the US private economy has a gaping hole in it that enormous amounts of stimulus spending by the government has been trying to cover over. The second key item that needs to be understood is "Falling Dollar Means Rapid Consumer Price Inflation" The third extraordinarily important item that must be understood by Boomers and retirees in particular, is the choice of weapon which the US government is using in attempting to counteract currency manipulations by other nations: threatening deliberate, self-inflicted wounds to the purchasing power of the dollar. As covered in my article linked below, "Radical Difference Between Monetization 1 & QE2", the so-called QE2, or second round of quantitative easing, is not the second of anything, but the first round of outright monetization (a government covering spending by simply creating more money from nothingness, rather than borrowing or taxing).
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