This is what Ben Bernanke hears: http://www.youtube.com/watch?
This is what the gold vigilantes hear: http://www.youtube.com/watch?
Øk5 is a researcher outlet providing a time-line of events that shaped America history. Once these events have been outlined into details, it provides an outlook not told by our history books. This blog is listing the real time stories as they pass through the internet.
Tuesday, October 5, 2010
Max Keiser-This is what Ben Bernanke hears:
MK: From 1983 to 2007 we had inflation. From 2007 to 2010 we had deflation. From 2010 – going forward – we have stagflation; wages, jobs, and trillions in ‘structured finance’ disappear while prices increase. The Fed is fighting deflation while the gold vigilantes declare war with a force majeure on the paper gold markets around the world – a ‘crack up’ ensues – that is taking every commodity along for the ride.
This is what the gold vigilantes hear: http://www.youtube.com/watch?
This is what the gold vigilantes hear: http://www.youtube.com/watch?
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