"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Federal Reserve Sets Stage for Weimar-Style Hyperinflation
Submitted by William Muller on Mon, 2009-01-26 17:00
"Since the Lehman Bros. default, this money expansion rose dramatically by end October at a year-year rate of growth of 38%, has been without precedent in the 95 year history of the Federal Reserve since its creation in 1913. The previous high growth rate...was 28% in September 1939, as the US was building up industry for the evolving war in Europe."
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