Saturday, January 24, 2009

bhc on Inflation

A radical view that we have posted recently in [1]:

"The Fed will not have the b**** to raise interest rates until we see inflation making a comeback, or it will risk pushing the entire U.S. economy over the abyss of another Great Depression. By the time the Fed starts to raise interest rates, it will be a matter of playing catch up with inflation."

This should become evident in the years to come, but we already knew what will be the outcome. Stop listening to the mainstream press, economists, and "experts". They failed to see the crisis coming, the most severe crisis since the Great Depression, what makes you think they can tell you how it is going to end?

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Reference:

  1. Global Wealth Destruction as Gold Rises, Part III

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