Posted on 23 July 2009
America is witnessing a mammoth increase in the money supply. According to the U.S. Federal Reserve, seasonally adjusted M2 has gone from $7.25 trillion in July of 2007 – to over $8.37 trillion today. That’s 15.44% more money circulating around the economy in just two years, a colossal $1.12 trillion increase. Read the full story
Posted on 09 July 2009
Reflation is happening right now as the U.S. government is dumping trillions of dollars into the financial system to prevent deflation and to stimulate economic growth. Obviously this will cause higher inflation down the road, and hard assets like oil and gold will see substantial price increases. Read the full story