The Fed Did It (Again)
Brock LorberLast month, extraordinary redemptions threatened the solvency of Money Market Funds. This month, credit lines are drying up and the Fed, in collusion with the Treasury, has put us on the hook for keeping the funds afloat.
We were trying to understand the reasoning behind the last days of hyper inflation that the 'Bad Guys' are guaranteeing with a demand to keep printing as many Dollars, Euro, Yen etc. as possible. Dr. Paul made it clear that those that get first use of the money fair a lot better than the rest of us. And it may be just that simple.
To allow the natural correction of prices falling on everything would mean that the Big Bad Guys (maybe the Big Big Big Bad Guys are A-OK, but their surrogates are not left as happy) would no longer have the resources to live the life they have become accustomed to.
So Brock had the perfect comeback. "'They' don't want to have to move into a smaller yacht,... and they don't want you to even be able to afford a dingy. It would bring you too close to their level".
You know that there are some motivated in just this way :)
But the real truth is even simpler....
This is the largest Bank Robbery in Human History!
The Greater Depression by Doug Casey.
and This Is It! by Jim Sinclair. Note what they had to say, what they predicted and WHEN they predicted.