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Wednesday, November 30, 2011

America, Canada print piles of money for Europe, inflation coming


I used to think that commenters saying that Americans would need a wheelbarrow of cash in order to buy a loaf of bread were alarmists.

But dude! Can someone explain to me why the Federal Reserve Bank is about to commence printing cheap dollars to help bankrupt European states? The Germans have money and they declined to bail out Greece and Italy. We are not far behind in our debt to GDP ratio. Why does this fall to us?

I am sick of it. I am tired of us ruining ourselves and ending up with the short end of the stick. Our government is stealing from each of us by printing money. The new printings makes all of our money worth less, and eventually it will be worthless.  I suppose they will tell us that we can't afford not to, they way they hoodwinked us into doing the stimulus spending in 2008/2009.

But it would be too much to ask that our government put Americans first. Maybe we should ask our leaders to take an oath to represent us or something. No, wait....they already did.

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