(Chart: Copyright Control) |
Earlier this week, the Bank of Japan (BOJ) announced an absolutely unprecedented stimulus that would virtually double the country’s money supply in hopes of finally defeating some two decades of ongoing recessions. The new plan will infuse some $1.4 trillion in fresh stimulus into an economy with just $1.5 trillion as its current money supply. The USA and UK have been doing the same. To see the end game you have to have a smidgen of history about the German experience. HYPER INFLATION.
Eventually a loaf of bread would cost 1 billion marks. You don't need a nuke from North Korea to end the American experience...
JUST KEEP PRINTING MONEY THE WAY OBAMA & CO. ARE DOING!