Stagflation Today Hyperinflation - Depression Tomorrow
By Roger Wiegand

Elaborate discussions sugar-coating economic reality are dumped on us daily by Washington, D. C. and New York mainstream promoters with an agenda to prolong their fun and our agony.

Mr. Greenspan, as we wrote last week during his Jeddah speech erased trillions in the blink of an eye telling the Arabs to “get oil sales off the dollar peg.” We suggest this was akin to screaming fire in a global economic theatre. It’s not against the law but certainly should be. While our former Fed Chairman helped speed disruptions along, an irreversible mess is coming at us irrespective of these kinds of news events.

The Federal Reserve instigating its inflation disease upon the land since founded in 1913 has given us a dollar valuation loss of -95% in 95 years. Some smart guys say the remaining 5% of value is even closer to 3%. At this point splitting hairs on this pathetic mess doesn’t matter. What really matters is when do we feel the brunt of these problems and more importantly what do we do about it right now before it’s too late?

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