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Inflation is not down = the figures are fudged. Inflation is on...

  1. 1,916 Posts.
    Inflation is not down = the figures are fudged.

    Inflation is on the rise as the Fed print more money to deal with the crisis. It is called monetary inflation and the "rescue" is a license to print more - make no mistake.

    http://www.forbes.com/2008/09/23/bailout-paulson-congress-biz-beltway-cx_jz_bw_0923bailout.html

    The $700 Bill price tag for the failed U.S. government bailout of Wall Street and the financial system was conjured up. Where’s the evidence? Forbes’ Brian Wingfield and Josh Zumbrun wrote on September 23:

    In fact, some of the most basic details, including the $700 billion figure Treasury would use to buy up bad debt, are fuzzy.

    “It’s not based on any particular data point,” a Treasury spokeswoman told Forbes.com Tuesday. “We just wanted to choose a really large number.”

    http://au.youtube.com/watch?v=jzpe1Rq6f3o
 
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