October 08, 2009
– Comments (6)
Take a look at "The scariest job chart ever"
We are already in stagflation.
The only way out of it now is to hyperinflate the economy or to take money away and allow a depression to occur.
Excellent and very scary find. Thanks for passing on this article.
So a cunning heist needs to occure whereby several pallets of large denomination currency are stolen and dropped into the fires of Mordor? I'll put pencil to paper right away.
Seriously, interesting link. It gives one pause.
The gov't and the FDIC have a game plan. We aren't in stagflation yet, because the last time I checked we don't have inflation. However, stagflation is the cure that the gov't will be rolling out based on the policy decisions they are using both publicly, but more importantly privately with their bank strategy.
It would be nice to see the S&P overlayed onto the same graph to see how they correlated to each other during this time. That would really tell you what to do with your cash money...
I've taken your jobs growth and replaced it with fruit-by-the-foot!
I replaced your savings with fruit by the foot.