Until the Congress wakes up and the people demand accountability, what goes up must come down. The founding fathers never heard of M3. They would be spinning in their graves if they knew we even had M2. If you bought a suit with a Roman denarius in 45 BC, you could still be wearing that suit today. Because you'd be dead! It was all spelled out by Heckel and Jeckel. The bankers are like magpies. Whoever has the gold makes the rules. We're doomed, I tell ya. When all the food is gone and the Chinese are passing out chopsticks, don't say you weren't warned. Depreciation of the currency is like the marginal utility of hamburgers, and we won't even have those. Look it up... the Federal Reserve isn't even in the phone book. |
A wet bird doesn't fly at night, folks. This piper will be paid. Do the math. Follow the money. The velocity of raw materials marginalizes the endogenous variables.