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Becoming A Bananna Republic At The Speed of Hope

By Greg L | 13 November 2010 | National Politics | 2 Comments

This explanation of “quantitative easing” — the policy being pursued by the fed in order to further trash our economy — is about the most clear and easily understood explanation I’ve ever seen.  H/T to Disrupt The Narrative.

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  1. Senator Scott Brown (RINO) said on 14 Nov 2010 at 11:09 am:
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    the benbernank!

  2. Jack Slimp said on 14 Nov 2010 at 3:22 pm:
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    Per –
    Whiskey & Gunpowder
    By Egon von Greyerz
    May 24, 2010
    Zurich, Switzerland

    Alea Iacta Est! Past the Rubicon
    and the Point of No Return

    Yes this is it! We have crossed the Rubicon and events in the world economy are now likely to unfold in a totally uncontrollable fashion. Clueless governments still don’t understand that it is their ruinous actions that have created a credit infested and bankrupt world. They will continue to prescribe the same remedy that caused the problem in the first place, namely more credit and more printed money. The consequences are clear; we will have hyperinflation, economic and human misery as well as social unrest.

    I don’t like to see the glass “half empty,” but it does appear that the axe is poised to fall.

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