investmentwatchblog.com / July 11th, 2014
Steve Sjuggerud: Get ready… A serious financial storm could be coming
It is so easy for a country to print money…
Said another way, it is so easy for a government to create inflation.
Because it’s so easy, nobody believes that DEFLATION – the opposite of inflation – is possible.
But it is…
Earlier this week, Republican politicians proposed a bill that would limit the powers of the Federal Reserve (more on thathere).
Don’t
get me wrong, I’m all for limiting the powers of government… But if the
Fed’s powers are limited, its ability to print money would be limited…
If this happens, persistent deflation could be an outcome – and that
could trigger a financial storm that nobody is expecting.
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