Hyperinflation and Righteousness
Apr 26th, 2009 by Randy Toman
All of these quotes come from the “Miles Franklin Newsletter” I get VIA e-mail. This one is dated April 21, 2009 Issue #97. You will find them either quotes from the editor or quotes the editor is using by someone else. I happen to agree with the person and/or the editor of the newsletter. So with that said let us begin with something quoted in the newsletter of Warren Buffett.
“ Clinging to cash equivalents or long-term government bonds at present yields is almost certainly a terrible policy if continued for long because cash is earning close to nothing and will surely find its purchasing power eroded over time.” Page 15
The editor says this:
“Ben Bernanke is pursuing policies identical to those taken by Rudolf Havenstein, the governor of the Reichsbank during Germany’s hyperinflation. Mr. Bernanke is creating more debt, which is the singular underlying cause of Hyperinflation.” Page 14
“U.S. government debt instruments are no longer providing the safe haven they did when stocks declined last autumn. It is also noteworthy that Bernanke’s stated intention to buy bonds has not kept them from falling.”
Peter Shiff is quoted on page 16
“ February U.S. trade deficit narrowed to only $26 billion, a nine year low. Significantly, the improvement is not due to a surge in export, but a collapse in imports. —– Once our foreign creditors come to their senses, not only will they be unwilling to finance our somewhat smaller monthly deficits, but they will be unwilling to continue warehousing the trillion s of dollars already in their possession as a result of funding our past deficits.”
There is a major conflict going on between Bernanke and his one world currency people and the true capitalist who understand what Bernanke and troop are trying to do. The capitalist understand that Bernanke and his Federal Reserve System (A Private Banking Enterprise) people have milked the American people and built a giant money making machine and they only want to move it up to the next level “Global” making it much bigger with much more control so they think. If you tie the monetary struggles to the philosophical governmental struggles of socialism verses a Republic form of government you can readily see how confusing it can get. Right now I don’t think the Socialist are fighting with the one world currency people because they perceive that they are both going in the same direction, that is a one world order/government. But make no mistake about it there is going to be a falling out between the two, and when that happens the Socialist will find themselves on the short end of the stick.
The Federal Reserve is attacking capitalism while the Obama government attacks the Constitution and our Republic all the while the ACLU separates the church from everything including our ethics and morals.
What a mess don’t you think?
The strange thing is the Muslim Religion keeps getting more of everything both in government and in religion for you see their religion is their government and the ACLU for how smart they think they are doesn’t recognize that fact. It is only Western Civilization that gives the ACLU the liberty to go after it’s own liberty, you see as soon as the Muslims take charge the ACLU will not be free to do what they are doing —-to us. You would think people knew were their liberty comes from especially if you are a liberal woman. But we shall see and the way things are going it should not take that long before WE SEE.