Just last week the government announced that they are PRINTING MONEY. 600 billion dollars to be exact. What exactly does this mean? Well, for one, the stock market is going to rise (it already did)...but it's not going to be REAL...it's just the government pumping money into the economy. All it really does is devalue the money that we already have. Got $1000 in the bank? Congratulations...it's now only really worth about $800. It will create the appearance of economic recovery where none really exists. All this really is, is another way for these people in charge to HIDE our debt. Moving money from one pocket and putting it in the other doesn't mean you have more money. Buying your own debt doesn't mean you paid anything off, either. And so, here we go...HYPERINFLATION HERE WE COME!
The National Inflation Association projected last week that food prices (and other commodities) are going to go through the roof this decade Based on projections, some of the examples they stated include:
- 24 oz. store brand wheat bread : $23.05
- 32 oz. package of sugar: $62.21
- 32 oz. soy milk: $24.31
- 64 oz. Minute Maid orange juice: $45.71
- A 1.55 oz. Hershey's milk chocolate bar: $15.50
- A plain, white men's t-shirt at Walmart: $55.57
So what do we do now? Running around being afraid doesn't help, but it's time to be prepared. Know what to expect and what you can do to ease the pain of it and everything will work itself out....but sitting idle and being uninformed is only going to make it that much worse.
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