An attempt to show that our political elite is selling us down a river by devaluing our currency, thereby initiating inflation. Prices aren’t going up because of corporate greed, the political elite all over the world are devaluing fiat currencies to pay for debt they created. Hence the movement to precious metals … something no government can print at will. Be sure to watch the end.

http://townhall.com/content/af9bfda1-858f-4d7b-a4b1-e00f72530889

This article points out 3 things:

1. Obama lied again. He lied about oil production.

2. There is an underlying root cause to the economic problems that cannot be cured by financial means. Could it be the declining number of consumers and workers between the ages of 40 and 55? It does not get better until 2022. Then it falls again by 2030 because of the current low birth rates.

3. The economy is not getting better even though GDP is technically better. The increases to GDP are inflation and oil price driven. A 2% increase to GDP does not cover the increases to gas and food and it is not in keeping with the 10+% increases to GDP of previous recoveries. The economy continues to be in trouble. Stock prices are up because of more printed money and low interest rates … not because of economic improvements.

What happens when the Fed finally raises interest rates to fight the inflation caused by increasing food prices (especially those dependent on corn like live stock and milk), by increasing gas prices, by the increasing debt, and by printing too much money?

By Jeannine Putrelo

Gerald Celente from Trend Research has predicted food riots for 2010. This article put out by Bloomberg.com has stated that rising milk, beef, pork and chicken prices will double the pace of U.S. food inflation next year. Please start supplying your homes with tuna fish, peanut butter/jelly, bags of dried beans,etc. anything to stay healthy and to be able to continue to eat. Now is the time to get your homes in order.

http://www.bloomberg.com/apps/news?pid=20601103&sid=aubdC_KeCOvM