Goals
and “unintended” consequences?
I’m an economics moron [though I’m studyin’ hard] and *I* can see this coming. Why the hose job?
...every senator and representative who votes for this monster $3.6 trillion budget will be endorsing a spending spree that could very well turn America into the next Weimar Republic.
...a version of such economic hell will likely happen here, according to two prominent economists. Johns Hopkins University professor Steve Hanke notes that the Federal Reserve’s balance sheet “has more than doubled in size since August. Unless the Fed shrinks its balance sheet,” he warns, “... inflation will roar back with a vengeance.”
So what does one do for self-protection in the face of this oncoming storm?
“So what does one do for self-protection in the face of this oncoming storm?”
Ummmmm - get into the basement shelter?
Alternatively, corner the wheelbarrow market. People will need them to carry buckets of $1000 bills to the market to buy a loaf of bread and some Spam.
Posted by ZZMike on 05/04/09 at 02:03 PM
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