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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: DebtBomb who wrote (22972)	9/23/2009 8:55:22 PM
From: ayn rand	Respond to of 71477

"the government's unfunded obligations for Social Security, Medicare, and Federal pension payments are also ballooning higher and now stand at an estimated $104 trillion, or $886,000 per household. Total burden per household: More than $1 million!" .................. a million here, a million there, before you know it, it starts to add up.

To: DebtBomb who wrote (22972)	9/24/2009 3:11:20 AM
From: Skeeter Bug	Read Replies (2) \| Respond to of 71477

from the article... >>These figures are accurate. They are also horrendous. But they are not inherently inflationary. Inflation is a monetary phenomenon.<< i completely disagree here. this is inherently inflationary b/c the only way the government can pay off this level of debt is to inflate - and the government's monetary policy is what creates monetary phenomenon! daniel amerman covers it quite well in his video... youtube.com they could crash the economy, but that would collapse it and nobody gets paid and government collapses, too. i think we get soem deflation like last year for a time and then it is off to the races as the feds policy will be to stoke inflation (which transfers wealth from the citizens to the government in several powerful ways) and devalue the dollar.