Federal Reserve Driven Inflation Hurts Savers

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http://www.youtube.com/watch?v=-ZZhmXMHZdA&feature=youtu.be
Rome is burning and we are Rome. Both ancient Rome and China experienced what we are experiencing today, and it can be seen in their coinage. The Romans went from gold and silver to brass...then to copper as they could no longer get tin as the empire shrank from Britain.
http://www.youtube.com/watch?v=-ZZhmXMHZdA&feature=youtu.be

Bill Poole of TX 1:57PM May 03, 2012

Haven't we been trying this approach for the last four years? Corporations have a fortune they can invest. Businesses can borrow from banks at very low rates. But they're not investing because the demand isn't there.
Should we muddle through for five or ten years until we can finally enjoy your "two-fer"? Some would call this needless suffering. Government spending can make up for this loss of aggregate demand. Through such "state capitalism", people can start to work and spend again. Then businesses will start to invest again.
The wild card is the obscene debt levels and Mr. Rickards is prescient in this respect.

David B. Schuster of NH 10:49PM February 22, 2012