Well it looks like we are about to turn the corner from supposed “Deflation” into “Inflation” the big boys upstairs and around the Globe say its time to raise the inflation rates, generic above the 2% target. (NOT GOOD)
“(the Cartel) wants inflation to rise for a time beyond its informal 2% target.” Great! Now we’ve got Cartel members not only moaning about inflation being too low, see but we’ve got them wanting inflation over our “informal 2% target”.”
“the S&P Agriculture Index is at a 2-year high! That’s food prices folks… And that’s inflation! So, if food prices are at a 2-year high, just how high does the Cartel want them to get?”
Read what the “The Daily Pfenning” newsletter has to say about inflation and the financial mess they have put us in.
I was talking to a couple folks last night in the parking lot, after a local political meeting and we all agree that things don’t look good. As the conversation got started—the first question out of the one fellows mouth was, “Did you (I) see the price of Gold today.” I said, “Yes I did.” And continued on with “That and the price of silver are the only 2 numbers you need watch.”
Those two numbers will show you how much people trust the dollar and will also be a good indicator as to how stable things are. If you read the article (Link above) the price of gold and silver will not be influenced by the “TV financial news shows”.
“Risk remains exceptionally high in the next six-nine months for s combination of massive U.S. dollar selling and heavy Federal Reserve monetization of Treasury debt to boost inflation, and to open the early stages of a U.S. hyperinflation.”
The above is quoted from James Cook “Market Update Newsletter”
also take a look at John Williams
There is no way we can recover unless there is a change in presuppositions, what people think is the truth will always guide their actions.
We Shall See—–who believes—–what.
I got a call from the City Clerks office yesterday after I had to force the information out of them. My question was simple and I had to put in a request for information under the freedom of information act and then go to the city council meeting and requested the information from the president of the Council Donchez. What was my question?????? How much Debt is the city of Bethlehem carrying????? How much do you think?????
Will not play cat and mouse with you—–the number is $112 + million dollars. I thanked her and told her to thank Donchez for having her call me with the answer. That makes $295 school district + $112 city of Bethlehem = $407 million that the citizens of Bethlehem are in debt. What are we talking about 80, capsule
000+ people that live in the city???? Why it’s outrageous and a crime against the citizens.
Why! they are flat out lying to the people— it isn’t “May Be Fairly Bad” it is bad—terrible and getting worse. What in the H— are they talking about? Between local, information pills
state and federal government the have raped us and no one in the Republican Leadership has the moxie to stand up and say anything.
If you are a numbers Man——- check this out:
The average price of a home in 1970 was $16, site
965.00 and the average price of gold was $39 an Oz.—so the house would have cost you 435 ounces of gold. The average home in 2000 rose to $119,600.00 and the price of gold was $272.00 Oz. that same home would cost you 439 ounces of gold—4 ounce more of gold but $103,000.00 more in green backs/dollars. Tell me this is not some kind of crime—-why it’s inflation of the 10th magnitude and the thing we are told that the FED is to protect us from—— unstable fluctuations in the money. I guess they did that—they may it head in only one direction down and/or get smaller through inflation—-no fluctuation its all down hill.
The Fiat Currencies Are Headed into Crisis—-according to the “Miles Franklin” newsletter—-I say we are there and right in the middle of a mess and things can only get worse.
They also state this—–“It’s a moral issue.”–strange to have it call that? It shows me the secular argument may not have the strength in conservative argumentation to carry the day and they may be searching for a stronger pillar on which to base their argument and the correction.
“The world is in the process of rejecting money by fiat now.”
We no longer can and/or will we be able to protect ourselves against the demise/destruction of our currency system. The FED is in control of the citizen and his system of government. Make no mistake with regards to this.
Allow me to close with this—-Revenues will fall at all levels of government and they will not be able to sustain their current levels of spending—their budgets will not hold and there is not going to be anywhere they can go to get more revenues and things will come apart at the seams. Bethlehem Area School District is maybe two years away from bankruptcy—the pension crisis will be their demise—if not that—- it will come from the top VIA the dollar crisis which might hit everyone of us sooner.
WE SHALL SEE —don’t you think?