Phoenix Capital Research | Sep 27, 2012 02:28PM ET
Since the Great Crisis began in 2007 the Fed/Feds have done the following:
That’s one heck of a list. And the worst part is I know I’ve left something out somewhere.
However, despite this incredible intervention, the economy remains in the toilet. Indeed, adding to the more evidence that the alleged “recovery” is in fact a load of BS category… we have the latest survey of small business owners. Small businesses (50 employees or more) account for 75% of job creation in the U.S.
“Instead of smoothing the way, our government continues to erect more barriers to growth through burdensome regulations that increase costs for small businesses and all Americans,” NFIB president Dan Danner said.
This comes on top of the following:
And the Fed’s answer to the issue? Print more money!
Folks, this is the reality we’re dealing with. The Fed has gone “all in” in its effort to stop the debt implosion… and it’s failed. All it’s done is unleashed an even more serious inflationary storm than the one we were already facing.
The time to start preparing is now. The printers are running. The Great Currency Debasement has begun. Some folks will walk out of this mess winners. Most will leave as losers.
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