Sunday, October 12, 2008

Market Data to Unsettle the Stomach

See this site for some very unsettling market data, especially the four monetary trend graphs. As the supply of money tends up, the value tends down. The upward supply is very large, which suggests there will be a time soon when the real value of money will decrease substantially (see the post below RE: "Unleashing an Inflationary Holocaust"). When inflation hits hard, prices increase: each unit of currency buys fewer goods and services in proportion to the rate of inflation. This is going to get ugly, especially for many of our vulnerable elderly on fixed incomes.

Pray hard.

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