By Reginald Kaigler (DEMCAD)
On June 1st, 2010, the price of corn stood at 354. One year later, the price has more than doubled to 758.50 (5/27/2011). The proof is in the chart above. As the Ticker guy pointed out in his latest video. Qualitative easing has been a total bust. Sure, the stock market has risen by 20% since the implementation of QE2, but it's value has remained the same. And worse still, the cost of living has dramatically soared, while unemployment remains extremely high.
Sugar has moved from a price of 14.40 to 22.69. Fortunately, it has dropped in recent months, but the overall picture remains the same. The price of food is rising. Wheat has increased from 457 to 819.75. Simply put, we are being screwed. The Federal Reserve is propping up this zombie economy by devaluing the dollar. The government doesn't have the money to fund its wars, so it is borrowing money from the fed. And since central banks across the world are losing interest in buying U.S. bonds, the fed is buying it's own debt. The snake is eating its tail. But as you can imagine, it can only do such a thing for so long. I don't know when it will end, but it most certainly will.
Grab quotes from Wikinvest
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Demcad,
ReplyDeleteIt's such a mystery to me man, how the economy functions. I mean, I took microeconomics and macro-econ at Ohio U (not O.S.U.),but it seems that the Law of Supply and demand has been turned upside down. Take silver (physical) for example: according to the Law of S & D, the spot price of silver should be out of sight. Of course we now know that the PTB simply raise margin requirments two or three times in a short time and WHOOOOSH, down goes the spot price. I agree with you though when you say we don't know when this corrupt monetary policy will be forced to end, but end it must. I can hardly believe it has stayed propped up this long. I feel that Mother Nature is the wild card the Illuminati cannot calculate for. That will be a primary facet of the fall of the NWO I feel. (I'm rambling). Anyway, I love your youtube vids Demcad, and I am now a subscriber to your blog. Keep up the fine research, prepping and overall good works!
Sincerely,
Joel the K