Tuesday, September 15, 2009

Hyperinflation Nation: "by the time people start preparing for hyperinflation, it will be too late"

This 3-part youtube series takes about 25 minutes to watch.  Although we might not be feeling the "price" effects of outright inflation, the underlying causes of inflation/currency devaluation are percolating beneath the surface and price inflation will hit hard when we least expect it.  Here's the links:

Part 1   Part 2   Part 3

After watching this, I don't think you will trust ANYTHING that comes of Banana Ben Bernanke's mouth.  In my estimation, Bernanke is either incredibly stupid, inept or corrupt - maybe a bit of all three.  Watch the videos and decide for yourself.


  1. Dave wrote, "Bernanke is either incredibly stupid, inept or corrupt." Note that the press is fond of describing him as "an expert on the Great Depression." However, in this Administration's first appearance before the Senate Banking Committee, when he was asked, "How did FDR deal with the economic crisis?" he responded by saying, "Well, for one thing he took us off the gold standard."
    This was a monumental untruth, and is indicative of the man's character. FDR chose to expand the money supply while keeping the U.S. on the gold standard- by repegging it from $20.67/oz to $35/oz, he increased it about 70% (35:20.76), but he most certainly did NOT take the U.S. off the gold standard. He did, however, make it illegal for Americns to own gold bullion,a curious form of thievery, as foreigners were still allowed to exchange their dollars for gold.
    I say we take Chopper Ben off the fiat standard.

  2. Great comment Robert! Really reinforces my statement that Bernanke is inept, stupid and corrupt!