HYPERINFLATION OR HYPERDEFLATION?

James Turk’s article Hyperinflation Looms dated April 20, 2010, is based on Quantity Theory
of Money (QTM). It draws an analogy between Weimar Germany of 1923 and the United
States of 2010. Both precepts are invalid. As far as the QTM is concerned, it suffices to point
to the very fact, admitted by Turk, that it is possible to have a shortage of money
simultaneously with the overworking of the printing presses. Hyperinflation is not the same as
the ultimate inflation of the money supply. It is the ultimate depreciation of the currency unit.
The two concepts are far from being the same, QTM notwithstanding.

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Gerald Celente: 'This isn't reform, its depression'

Can anyone say Monopoly?
Unbeknown to the masses, the Federal Reserve has created the environment in which the crisis was born, offered a solution and scored touchdown, again, for themselves...

Ellen Brown: Who Will Pay: Wall Street or Main Street , The Tobin Tax or the VAT?

Wall Street banks have been saved from bankruptcy by governments that are now going bankrupt themselves; but the banks are not returning the favor. Instead, they are engaged in a class war, insisting that the squeezed middle class be even further squeezed to balance over-stressed government budgets. All the perks are going to Wall Street, while Main Street slips into debt slavery. Wall Street needs to be made to pay its fair share, but how?

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