Sunday, September 27, 2009

Inflation Could Spell End of U.S. Financial System

This is scary stuff. If the policies of Barack Obama and Congressional Democrats are not stopped, we will see the collapse of the United States.

From the National Inflation Association:
It took 25 years for our national debt to double from $257 billion in 1950 to over $533 billion in 1975. Most recently, our national debt has more than doubled from $5.8 trillion in 2001 to its current level of $11.8 trillion in just eight years. Our national debt is now growing three times faster that it did decades ago, which means we should expect a very minimum of three times faster inflation.
Inflation Could Spell End of U.S. Financial System

Originally posted at TONY PHYRILLAS

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