US Monetary System and Descent into Fascism

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BASEBALL 13
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US Monetary System and Descent into Fascism

http://lewrockwell.com/orig10/galland32.1.html

"...Victor Sperandeo has done some work on hyperinflations and found that apparently once that number (percentage of debt required to finance the government) gets over around 40-41%, that's the end."

According to his work, in every big example of hyperinflation since the French Revolution, that number is apparently the tipping point on the rollercoaster. You’ve gone over the top, and now gravity takes over and down you go to the bottom. They can't stop the thing. So we're now at 46%, at least it was on the 12th of May, 46%, and it doesn’t seem to me there's any will or intelligence in Congress to correct this, and it's not going to be the Federal Reserve that corrects this, it's going to have to be done legislatively.

Edited by admin on 11/08/2014 - 06:24
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