Loading ...Goldman Sachs and the government they own have achieved their goal of devaluating the dollar and inflating equities without causing total panic. Gold is sitting safely way above 1,000 per ounce, dollar dropping faster than a Japanese hooker, and bond rates at unbelievable low rates. It’s like government and fed bankers are holding each other hands to force equities up up and away by punishing those that save and buy fixed assets.
It is time for us to mourn the middle class. The US is on a path towards 3rd world status, where very few people hold most of the wealth. Grats to us that have managed to accumulate wealth, for we will have servants again! Inflation will be so out of control the next decade that the middle class will be priced out of not just housing and car, but pc, tv, gas and maybe even food.
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