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IPFS News Link • Federal Reserve

For "Flat Earth" Inflation Deniers: Commodity Inflation Bites Back

• ZeroHedge.com
 
Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves. - Norm Franz, Money and Wealth in the New Millennium As soon as your born they make you feel small, By giving you no time instead of it all, Till the pain is so big you feel nothing at all, A working class hero is something to be, A working class hero is something to be... When they've tortured and scared you for twenty odd years, Then they expect you to pick a career, When you can't really function you're so full of fear, Keep you doped with religion and sex and TV, And you think you're so clever and classless and free, But you're still fucking peasants as far as I can see, There's room at the top they are telling you still, But first you must learn how to smile as you kill, If you want to be like the folks on the hill, - John Lennon, Working Class Hero Thanks Ben…You Have Destroyed the Social Fabric of the World History is littered with the carcasses of men that in their exaggerated hubris attempted to stop the forces of nature and the markets only to fall flat on their faces. We tell the stories of these men in history books and myths from prehistory, but it never stops men of successive generations from trying it all over again. What the current political class the world over (at the behest of Wall Street financial terrorists and other big corporate interests) are doing falls into the same exact formula of prior historical failures. Some of the historical figures that attempted to beat back nature were great warriors or kings that just reached too far. Some of them were evil megalomaniacs whose desire was nothing short of absolute power in their hands over any of the unfortunate human beings that happened to be in the way. Ben Bernanke is neither of these. He is a just a little dweeb with an electronic printing press. Tragically, because of modern technology and the way the monetary system works today he has the ability to cause more damage than any other one person in the history of mankind and he is doing it. I shudder to contemplate the ultimate effects of the inflationary holocaust he has unleashed on the six billion mesmerized and helpless souls present on earth at this time. The signs are starting to show up again just like in early 2008. Food is becoming scare at a “reasonable” price in many parts of the globe and the symptoms of this are starting to bubble up to the surface. For example in recent days we have witnessed food riots in Algeria and Tunisia where at least 14 people are reported to have died in each country.

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