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  • The Four Stages of Inflation

    2008 - 10.04

    Bailout bailout bailout. It’s hard work ramming something through
    congress that Americans don’t want. Unfortunately politicians and
    the Fed are between a rock and a hard place now: they can’t afford
    to do something and they can’t afford not. This is what happens
    when a country enters advanced stages of inflation; all pain and no
    gain.

    Today’s first guest is Jim Puplava from the Financial Sense
    Newshour (www.financialsense.com) to explain the four classic
    stages of inflation since the U.S. and much of the West has set
    itself on this self-destructive course. Once you’re on it, you
    can’t get off.

    Then we’ll examine the Violence Against Women Act; well-intentioned
    but now causing a lot of unintended consequences against people it
    shouldn’t. Time to reform the act. Ron Grignol comes on board for
    this part of the program.

    John’s boralogue ties up loose ends about the economy, the bailout,
    socialism and exactly where we’re headed despite the blather.

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