There is a planned announcement later today from the Federal Reserve announcing a cut in the fed funds rate: the rate at which the banks in the federal reserve "system" can make overnight loans...
Another cut in this key lending tool will cause a severe shock to an already bankrupt economic system. When considered alongside the so called stimulus being employed from Capital City, will result in a hyper inflationary shock wave in prices. Money will continue flooding the world economy, exacerbating an already overinflated money supply, in relation to the real commodities that we the people need to live from day to day.
Look out grandma...the sky is falling!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment