IPFS News Link • Federal Reserve
-
Special Editions
- Global
- Due Diligence
- Love Bus Liberty Tour
- Vaccine Education Summit
- Bitcoin Summit
- US-Arizona
- US-Tennessee
- Ernie's Favorites
- THE R3VOLUTION CONTINUES
- "It's Not My Debt"
- Fascist Nation's Favorites
- Surviving the Greatest Depression
- The Only Solution - Direct Action Revolution
- Western Libertarian
- S.A.F.E. - Second Amendment is For Everyone
- Freedom Summit
- Declare Your Independence
- FreedomsPhoenix Speakers Bureau
- Wallet Voting
- Harhea Phoenix
- Black Market Friday
IPFS News Link • Federal Reserve
Current News | Contents By Subject
Additional Related items you might find interesting:Related items:
News Link •
Economy - Economics USA
"This Is Too Stupid For It Not To Be The Plan" Holter Hammers Globalist Agenda...
News Link •
Federal Reserve
"A Decade of Armageddon" Susanne Trimbath, Fed & DTCC Insider Reveals All
News Link •
Federal Reserve
How Money Metals Exchange is Challenging the System: A Call for Sound Money and Grassroots Advocacy
News Link •
Central Banks/Banking
1 Comments in Response to Is Bernanke Preparing to Double the Money Supply?
If Bernanke Doubles The Money Supply, senior Citizens, employees on fixed Incomes and those with few assets are Dead.
Americans will get hit with the Stagflation that plagued the Carter Administration in 1979, when uncontrolled Inflation and economic stagnation were occurring at the same time. It would worse now, because under Carter the U.S. Government and Taxpayers were not on the hook to foreign governments for trillions in loans. If the money supply is doubled, subsequently the Obama Government or the next government will have to greatly increase interests to combat inflation, that will kill what is left of the economy and cause government to borrow more money, causing more inflation. The German government in 1932 substantially increased its money supply to pay the costs of government. A loaf of bread jumped 3,000 percent. Workers could not spend their paychecks fast enough before they lost buying power. The German Government collapsed. Historically the U.S. antidote to stabilizing the dollar and economy has been painful long-term unemployment without providing forever, benefits to persons losing jobs. Currently millions of Americans are making more money collecting extended unemployment benefits than they could expect to be paid if they found a job in this Recession. The accumulating effect of so many people collecting taxpayer dollars not to work, could have devastating consequences on the value of the Dollar. Doubling the money supply will steal the buying power of Citizens with savings equal to the percentage of inflation the government causes.