The Four Stages of Inflation
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
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.