Money Facts Archive Get the real facts that will shape your future by having them delivered to your Inbox!

Jon Herring of InflationData.com recently wrote an article entitled, "Is the United States Bankrupt? - Hyperinflation here we come." The essence of the article is the argument that the only way the United States can get the money it needs to cover its massive debts is to print more money. Take a few moments to read this short article and you'll be shaking your head in disbelief:

http://inflationdata.com/inflation/Inflation_Articles/
Is_the_United_States_Bankrupt.asp

Then, perhaps you can also take a moment to read about the realities of hyperinflation in the United States(which, in part, will be fueled by the printing presses working overtime) as addressed by Robert B. Tobiasz in the RBT Commentary for July, 2009:

http://www.ehsportal.com/commentaries-us-economy/hyperinflation.php

Mr. Tobiasz closes his commentary with words from Thomas Jefferson:

"The system of banking is a blot left in all our Constitutions, which, if not covered, will end in their destruction ... I sincerely believe that banking institutions are more dangerous than standing armies; and that the principle of spending money to be paid by posterity ... is but swindling futurity on a large scale."

I've said it before and I'll say it again: Our government is no longer "of the people, by the people, for the people." It is "of the banks, by the banks, and for the banks."

And that's why we're going down the tubes.

- Ed Smith, Publisher
The EHS Letter Manual