Is Fed Trying To Give Us Inflation?
Dec 14, 2010 Political
I keep saying that inflation is not that far away (I think it is here already) and when it hits it will be massive. Prices are going up and things are going to get worse before they get better. To top it off, the Fed’s policies will definitely give us inflation. Rick Santelli sees it this way:
My conclusion is that the goal of Chairman Bernanke and the Federal Open Market Committee was to monetize the growing U.S. debt and generate future inflation. On the last score….generating inflation….I think time will prove the Fed highly successful. CNBC
Make no mistake about it, the Fed is monetizing our debt and when it does you will need lots and lots of money to buy a loaf of bread.
Better stock up on basic necessities now.
Cave Canem!
Never surrender, never submit.
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Tags: debt, fed, monetize, rick santelli