the fed is deliberately stoking inflation

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aitakahashi

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the fed is deliberately stoking inflation

posted on Dec 18, 2008 05:52PM

there is an old wall street saying, "don't fight the fed." this article illustrates how the federal reserve is deliberately stoking inflation. if so, gold and silver are the best place to be.

"Put bluntly, the Fed is deliberately stoking inflation. At some point it will succeed. Then the risk flips quickly to spiralling inflation as the elastic snaps back. There will be a second point of danger.

By late 2009, if not before, the bond vigilantes may start to fret about the liquidity lake. They will worry that the Fed may have to start feeding its holdings of debt back onto the market. The Fed's balance sheet has already risen from $800bn in September to $2.2 trillion this month. It will be $3 trillion by early next year."