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Showing posts with label Runaway Federal Reserve. Show all posts
Showing posts with label Runaway Federal Reserve. Show all posts

Wednesday, April 21, 2010

Runaway Federal Reserve Actions, Fuel HyperInflationary Woes

Since the last year of George W. Bush's Presidential Term, The Federal Reserve has been printing Trillions of New American Dollars.... The first two trillion printed, paid for: Uncontrolled Budgetary Deficits, Bush's Two Rounds Of Federal Tax Rebates, and The First Five Failing Banks. The next five trillion printed, paid for: Even Larger Budgetary Deficits, Twenty-Two More Failing Banks, and Obama's New Governmental Stimulus Package. Meanwhile, two trillion more has been printed merely to keep on hand as needed - by our, "Out Of Control," Federal Government.

Considering, our original National Currency Supply of 11 Trillion, going into this economic downturn - 9 Trillion Additional Dollars represents almost a complete doubling of our National Currency Supply... and were The United States any other nation, hyperinflation would now be factually occurring! And yet, with the exception of certain commodities, we are doing remarkably well in keeping our currency values in line.... Why, you may ask, is America so different?
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