Inflation Tsunami

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investorzzo's picture
investorzzo
Status: Diamond Member (Offline)
Joined: Nov 7 2008
Posts: 1182
Inflation Tsunami

BIG PICTURE – Global central banks are waging an
all-out inflationary war on the ongoing credit contraction.  The
establishment is attempting to thwart the post-bubble deflationary
forces via record-low interest rates, deficit spending and quantitative
easing (buying assets from newly created money).  Over the past 18
months, the post-bubble contraction had the upper hand as it decimated
asset prices all over the world.  However, it seems to me as though the
consequences of monetary inflation and central bank sponsored
debasement are finally starting to dominate. 

In other words,  you can only print money for so long before it shows up in a big way-higher prices. 

 

http://www.financialsense.com/editorials/saxena/2009/0417.html

investorzzo's picture
investorzzo
Status: Diamond Member (Offline)
Joined: Nov 7 2008
Posts: 1182
Re: Inflation Tsunami

From Peter Shiff.

http://www.financialsense.com/fsu/editorials/schiff/2009/0417.html 

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