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yes folks, inflatiion is the real concern

  1. 24,765 Posts.
    "... Every time we get the "deflation/depression" propaganda what happens in reality is the exact opposite. There is a massive increase in the supply of money, and prices accelerate to the upside.

    Here is the most recent example. In Sept. 2008, there was a spate of "deflation/depression" propaganda. It started with the New York Times, and measured by the size of headlines it ranks close behind the two biggest events of the 20th century, the Moon landing and Pearl Harbor. (Except both of these events received big headlines for one day.

    The "financial crisis" kept being resurrected every few days for 2 weeks. These lies were used as the excuse to print massive amounts of money (represented by the monetary base because the Fed is lying about the money supply).

    What will happen next is a rough doubling in U.S. prices starting with commodity prices, then moving to producer prices and finally consumer prices. This is a simple example of cause and effect. Gold, and the other precious metals instruments will lead the way."

    The full article by "Cause and Effect" by Howard Katz is at http://www.gold-eagle.com/editorials_08/katz090610.html
 
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