Inflation firestorm beginning now! What to do ...
(email@example.com)Sent:Sat 9/15/12 1:07 PMTo:Emilio (firstname.lastname@example.org)
Dear Emilio,On Thursday, the U.S. Federal Reserve announced the singlemost reckless, radical money-printing experiment in the history of the world
what some are calling
Beginning immediately, Bernanke and his cronies at the Fed willprint $40 billion per month
$480 billion per year ...And hand that over to their buddies the big bankers in return fora bunch of mortgage-backed securities.Instantaneously, global investors did what you
d expect them todo
scramble like mad for protection from Bernanke
s assault ontheir wealth! Within seconds of that announcement ...
climbed totheir highest level since May 2011, asmeasured by the break-even rate forfive-year Treasury Inflation ProtectedSecurities.
positively exploded,soaring $49.10
a 2.8% gain in just amatter of minutes.
skyrocketed, spiking6.3% at the same time.
The dollar plunged,
droppingprecipitously against a basket of worldcurrencies.And yesterday, less than 24 hours afterFederal Reserve Chairman Ben Bernankeembarked on his reckless strategy, welearned yet again just how dangerous hispolicies really are!The Consumer Price Index zoomed up 0.6% in August, the single-biggest monthly jumpgoing all the way back to June 2009. That came on the heels of Thursday
s Producer PriceIndex, which ALSO rose at the fastest pace in more than three years.What
s at fault? Soaring energy and food prices, which started zooming higher as the Feddropped hints it was about to ramp up the presses again.
As for the Fed
s policy actually helpingthe
rather than fat cat bankers?
Hotmail Print Messagehttp://bl171w.blu171.mail.live.com/mail/PrintMessages.aspx?cpids=441...1 of 315/09/2012 09:46 a.m.