HOLLOW ECONOMY RECIPE FOR HYPERINFLATION
by Captain Hook
In case you are trying to put two and two together about what’s going on out there to make gold, silver, everything that’s not nailed down soar in price these days, let me clear things up for you. It’s our hollowed out economy, and the money that needs to be pumped into it so that it doesn’t implode. And make no mistake about it, it’s bad out there despite what you will hear in the mainstream media, with Friday’s Employment Report a glaring example of this, featuring deliberately misleading propaganda set against an increasingly dismal reality. The idea is out comes the printing press to paper over all the problems. The only real problem with our present Keynesian experiment is however this approach doesn’t work, evidenced with the poverty that just keeps getting more profound.
So where one might have said the US is slowly becoming a banana republic before, now, we can say it’s happening fast. That right, America is now fast becoming a banana republic, so the concept of some degree of hyperinflation (as bond markets would not allow for full blown hyperinflation on a global scale) consuming the macro should no longer sound absurd, even to the square heads in Washington watching gold and silver soar in price. What else could be going on in those pea-sized brains? I honestly don’t know anymore myself, because that’s what I am thinking. I’m thinking the Fed has committed the world to an all out suicide mission in the form of an out of control Keynesian experiment that can do only one thing, that being end badly.