Guess it’s safe to say that the powers that be would rather see $9 a gallon gas and breadlines than a 2,000 point drop in the stock market. We will likely see $2,000 gold very soon and I wouldn’t want to be short stocks in the short run. Longer term, I think hard assets will continue to trounce stocks and other paper assets as money printing helps gold and silver more than small businesses (LOL…).
The idea that printing money will help stocks which will trickle down to the poor is laughable and also completely opposite of what a Liberal should be doing — inflation is the stealth tax that we all pay without a choice…
At Hedgephone, we don’t want to Monday Morning QB, we simply voice the truth — that bloated spending by the military industrial complex and lobbying by corporations has turned the country into a Banana Republic. That doesn’t mean that some people don’t become incredibly wealthy under fascism, it just means that most people become even poorer when totalitarianism comes to town.
