DEEPCASTER: INFLATION NO LONGER AN OPTION FOR THE FED; BANKRUPTCY LOOMS!
JUNE 2, 2013
Submitted by Deepcaster:
Real Inflation in the U.S. for example, is a Threshold Hyperinflationary 8.7% (as of May, 2013) per shadowstats.com. Shadowstats measures Inflation the way it was measured in the 1980s before the Official Figures became Politicized and therefore Bogus. One must decide what asset or asset class one will use as the “baseline asset” against which to measure one’s wealth and income increase or decrease. And one must also take account of Real Inflation.
The Ultimate Measures of Value should be Tangible Assets such as Gold , Silver and Key Strategic (especially Food and Energy) Commodities (i.e., generally, Tangible Assets rather than Paper “Assets”).
Why? Because the Private-for-Profit Fed, the ECB, and other Central Banks are increasingly Printing/Digitizing Fiat Money and Credit into existence ($Trillions in recent years) well in excess of any increase in Global Production of Goods and Services, thus diminishing Fiat Currencies’ Purchasing Power. This is why the Purchasing Power of the U.S. Dollar (Federal Reserve Note) has declined by over 95% since The Fed was founded in 1913, confiscating, in effect, the Wealth of Savers and Retirees.