Get Ready For (Fraudulent) Higher U.S. Interest Rates
by Sprott Money
ZeroHedge.com
01/27/2015
The U.S. government is already bankrupt. This is old news to anyone who has been following the number-crunching of individuals such as former Reagan economic advisor, Professor Lawrence Kotlikoff. The U.S. government, the greatest debtor in the history of the world, claims that it is about to (finally) raise interest rates, which have been permanently/fraudulently frozen at 0% for now over 6 years.
So, what happens when an already-bankrupt debtor chooses to pay higher interest rates on that debt? Ka-boom! But not in the Wonderland Matrix. In this fantasy-realm of nonsensical, economic mythology, literally anything is possible – including the impossible.
Beginning in 2009; the Federal Reserve began a policy of openly and publically pumping-up U.S. financial markets and U.S. equity markets with the most-extreme explosion of money-printing ever seen since the creation of the U.S. dollar, evidenced by a chart which regular readers have seen ad nauseum.
As has been noted in many previous commentaries; mathematics tells us that the ultra-extreme economic function expressed by this insane chart can only end in two ways (as always happens with such extreme, exponential curves): explosion or implosion.
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