It is unfortunate that the more college students we graduate in America, the more stupidity we have created among the public. College does not appear to educate.The Media will never adequately take up that slack.
Because if the public were truly aware of the effects of the monetary inflation we are setting up for ourselves and future generations, we would be shouting from our roof tops at the government to stop the mess.
The average increase of our monetary base, on average, has gone up about 5% since 1961. For the Y2K anticipated emergency and the 9/11 catastrophe, it went up 10%. But today the increase is well over 100% and still rapidly rising.Yet, we listen to administration and Federal Reserve officials who keep telling us all this will be taken care of.
Uncle Sam issues bonds to pay for its debts but let’s face it and call it what it truly is. Those bonds will not easily be refunded.
There is little likelihood the economy will expand to soak up any of that paper the government is, in effect, printing. Inflation will eventually start to show up. Not immediately, but as soon as the economy starts to fully recover.
It may take some years. But then, watch out!
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