Our Economic Train Wreck

I've lost a few friends lately over things I've written (economy, election, homogamy, guns).

I'm no prophet, but I can see a train coming down the track -- and the bridge is out!

Our Federal Reserve has turned the money spigot wide open. This can only have one effect: Our money will be worth less. In the past, the Fed was restrained, stealing from us only in small increments. (A U.S. dollar today is worth only 4% of what it was in 1907.) But all restraint is gone now. TRILLIONS are being thrown around. This means prices will RISE! (And perhaps DRAMATICALLY.)

We should see prices go down (as the economy deflates) but, once this cash hits the general public -- LOOK OUT!

“They” know the jig is up. We can't repay our debts with "legitimate" money. They're going to inflate the money supply and pay off those debts with near-worthless dollars...at least until no one accepts them anymore.

Which may happen soon.

The day may arrive when we won't be so concerned about toys and entertainments as we are now.

My grandparents knew real hardship. We may, as well.