WASHINGTON (FMLiveWire) - The chief of the Federal Reserve says “hyperinflation is good for America” in an exclusive interview with FMLiveWire.
“Yesterday I dropped interest rates half a point in order to bail out our Wall Street friends, the investment banks, hedge funds and other wealthy patricians,” said Ben Bernanke. “This will help kill the value of the US dollar and start us down the road of hyperinflation.”
“It sure will not help the indebted homeowners though, who had better get used to living in their cars once they have been foreclosed, that is, while they can still afford gas,” he continued.
Bernanke said that he had studied the financial system of Weimar Germany in the 1920s and present day Zimbabwe and has accepted their hyperinflationary policies as the appropriate model for the USA.
Photo by CometGold
Note : Wish you a prosperous life in the next 10 years. Don’t let central banks “rob” you!
Question : If USD were to ‘drop’ like stone, what would other central banks do?
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