Tuesday, December 8, 2009

Bunning Grills Ben Bernanke To A Crisp

I have a feeling this grilling is only a sideshow. The money printing is going to continue until it cannot, ie. the US dollar becomes worthless.

The US dollar still retains a modicum of dignity because most fiat currencies are on the slide too, but when compared to gold, the US dollar is shedding its value fast.

I believe most Americans realize the country is on a self-defeating and unsustainable path. There will come a time when funny money created by the Federal Reserve no longer boost the economy and creditors start asking for debt repayments.

Fiscal fraud has helped the rich get richer, at the expense of taxpayers. If the Federal Reserve collapses tomorrow, it is going to make Bernard Madoff looks like a choirboy.