The indeflating sub-feral government

[donsu]

http://www.atimes.com/atimes/Global_Economy/IJ02Dj06.html


Of course, nothing could be more insane than the news from Associated Press, "Senate panel sets national debt limit at $9.82 trillion, $4 trillion higher than when President Bush first took office".

Now put this together with Goldmau.com: "The debt growth rate is now higher than GDP growth, a recipe for eventual hyperinflationary outcome."

And all this new debt is certainly needed, as my buddy, Junior Mogambo Ranger (JMR) Phil S, sent a chart from some guys that calculate that it now takes $5.53 in debt to create $1 of GDP growth!

And sometimes not even that, as JMR Dan B sends a pithy little summary saying, "China has increased their money supply 53% while the US has increased it 12% during the same time period. I don't know if that implies some level of corruption, but it must bring tears of joy to the eyes of Helicopter Ben."
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dollars are moving