Thursday, April 11, 2013

The Fed's Attack on the Elderly


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"Umm… wait; what ‘eventual lessening of fiscal policy restraint’? Essentially, the Fed is saying that as economic conditions improve, the American voter will stop complaining, and the government can finally get back to spending wheelbarrows of money. It’s scary to think that these additional government spending plans are already reflected in the Fed’s GDP projections…”
Now let’s get this straight: The government will continue to devalue the dollar, keep interest rates artificially low, spend at rates that would put Caligula to shame, and simply hope that US citizens and the G20 nations don’t get angry about it. And in the meantime, the Russians and Chinese are taking their new high-value dollars and buying gold hand over fist. Great plan!"

I reiterate my position, the goal is to impoverish you.

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