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To: cmg who wrote (29362)3/16/2013 10:04:52 PM
From: paul ross  Respond to of 29622
 
at some point the debt is controlling and govt choice is to let economy sink into a deflationery depresssion or put the pedal on the gas and inflate.....at any one time there is not enough money in circulation to pay off all the debts with the interest...a product of our fractional reserve banking system...the system grows only with new lending...at some point the monster grows too large.....

John Williams web site is a good representation of where we really are cpi/wise

shadowstats.com