Tuesday, April 7, 2009

Pumping Up A Bubble

The credit bubble was created by the Federal Reserve Bank and helped along by government policies that encouraged, sometimes with threats, bad loans. Bubbles do not and cannot last very long by their very nature. So its quite a shame to see the government, specifically Barry Obama pumping money into trying to reinflate the burst bubble.

In an attempt to reinflate the bubble they are willing to pump as much money, which they do not have, as possible into the black hole. This fiat money is simply vanishing for the most part and there is no telling the massive damage that will come from this.

This is Weimar Republic stuff. Worked for them huh?

Oh you mean it didn't work for them and led to the empowerment of the fascist Adolph Hitler?

Maybe thats the point.

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