1.Financial Warfare - protectionism, excess savings, managed exchange rates
2.Beijing consensus: neo-mercantilism can lead to outright financial warfare
3.Bernanke worried about deflation more than anything else
4.Money printing in US and Euro is inflationary - balances China deflationary forces
5.Gold does well in both inflation and deflation
Source:
http://jessescrossroadscafe.blogspot.com/2010/05/jim-rickards-on-king-world-news.html
Inflation is uppermost in peoples minds.
Economists, business people as well as ordinary citizens are quite disturbed by high rates of inflation. The interests of ordinary citizens lie in the rising cost of living that erodes the buying power of their fixed incomes. But now comes a report that inflation is at a 44 year low.
Source:
http://online.wsj.com/article/SB10001424052748703691804575254091622651542.html?KEYWORDS=inflation
Would you like to see what manipulation of the silver market looks like?
This is a brazen, massive short by JP Morgan, that is driving the market down.
This is collusion in crime between the COMEX the CFTC and Morgan is order to keep metals low to hide the growing inflation in the US Dollar.
Source:
http://farm5.static.flickr.com/4060/4578744507_db28ea340a_o.jpg
Both the number of workers filing new applications for unemployment insurance and producer prices unexpectedly surged, dealing a setback to hopes the economy was showing a strong recovery.
The US must fix its growing debt problems or risk a new financial crisis, Thomas Hoenig, president of the Federal Reserve Bank of Kansas City, warned on Tuesday, adding a mounting deficit could spur inflation.
Without pre-emptive action, the US risks its next crisis,� Mr Hoenig said in a speech at the Pew-Peterson Commission on Budget Reform.
Source:
http://www.ft.com/cms/s/0/c918b8dc-1b37-11df-953f-00144feab49a.html
