Guest guest Posted June 26, 2011 Report Share Posted June 26, 2011 First there is this article with some of the clowns who caused these troubles to say a major slide is expected in the next few months. I wonder if it will happen around the September. http://www.cnbc.com/id/43534613 Here's another article that states the banks have about $1.5 Trillion in Federal Reserve accounts where it is earning but a small interest rate. It could be earning more money even if lent out at the rock bottom rate of a little over 3% but that isn't happening. If, for whatever reason, that money gets dumped back into they system, we'll be getting serious inflation very fast. In fact, its really surprising it hasn't happened already. The Fed has dumped so much money into the economy that is doesn't have anywhere to go and this proves it, yet the incompetent fools in DC want to dump even more money. The site includes charts showing the money dumped into the economy over time and how much is in these federal reserve accounts. http://blog.independent.org/2011/06/23/the-continuing-puzzle-of-the-hyperinflation-that-hasnt-occurred/ There is plenty of other information out there as well about how bad the economy is and unemployment is rising, but the media is doing all it can to hide it. Not surprising since Obama recently admitted the media was covering for them. Quote Link to comment Share on other sites More sharing options...
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