CREEPY CREEP THEN BOOM

A man and his wife, so the story goes, were driving down the Autobahn doing 150 km/hr (93mph). "Slow down you are driving too fast", the wife exclaimed. The husband obediently slowed the car to a more sedate scenario 100 km/hr (62 mph), but then he very gradually increased the speed until he was going 150 km/hr again. The wife did not notice because the acceleration was so very gradual.

Those such as the Bureau of Labor Standards who say we have no inflation

are absolutely nuts. Let them go to the grocery store and buy a pound of tomatoes

for $1.35 not .35c , or a 10# sack of potatoes for $4.99. Did these price increases happen all of a sudden? No, very gradually. That is the insidious nature of price inflation derived from money creation by the printing press.

How many dollars has the Fed created during this economic disruption? Only they know, but it is in the $ trillions, and there is no slow down of dollar creation in sight unless you believe the fairy story of a 'planned exit'. We at looking at more inflation, outright default or a combination thereof.

Phase transition phenomenon

The scientific name for what happens when things or situations suddenly change state. 'the straw that broke the camel's back' scenario. Heated water that suddenly erupts into a boil.

Von Mise described this as the "crack-up boom". Martin Armstrong called this the "waterfall effect", and presented a chart of the dilution of the silver content of the Roman Denarius. In more recent time, the Weimar Republic hyperinflation as shown in the chart above shows how gradually the inflation begun, and finally gets to a critical point where it explodes.

Is there no relief for this? Not while the present thugs control our money supply

and we continue to elect the demagogues who promise something for nothing.

Dr. Ron Paul has written a book: End the Fed, detailing the evils of the central bank

system and the effect of fractional reserve lending. As a representative from Texas, he presented a bill to audit the Federal Reserve and it gained over 270 sponsors. The bill was bottled up in committee, headed by Barney Frank and brought out finally, but gutted of any useful provisions.

What can we do? STOP THE PRESSES! Get rid of the minions of the banksters who are trying to throttle us. Take back our government from the socialist power grabers.

With Love and Kindness,

THE HATMAN