Watcher in the Woods Is My Halloween Nightmare -- Vulture
The Nightmare Essay - 4379 Words | Bartleby
Final note: By the end of the 1970's, double-digit inflation had ravaged the American financial landscape. This forecast by Scientific Market Analysis was not only accurate, it was prescient, and the conclusions drawn enduring. Only the very strict monetary policies of the Federal Reserve Bank during the 1980's under chairman Paul Volcker kept the nation from sliding into the hyperinflationary abyss, and those years became a period of relative calm. The profligate fiscal policies of the United States government, however, continued unabated, and after the credit crisis of 2008, the Federal Reserve began openly and unapologetically monetizing the national debt through its quantitative easing program. Since 2008, the overall national debt has grown to enormous proportions and so has the Fed's balance sheet of monetized assets. "On a rolling six-month average, in fact," says Royal Bank of Scotland's Drew Brick, "the Fed is now responsible for monetizing a record 70% of all net supply measured in 10-year equivalents. This represents a reliance on the Fed that is greater than ever before in history!" Hauntingly, as was the case during the early stages of the Nightmare German Inflation, "events seemed to demand the printing of larger and larger issues of currency." Such reliance, as Scientific Market Analysis argues above, cannot end well. MK
The American Dream/Nightmare Essay - 665 Words | Major Tests
As this report points out, the correlation between deficits and inflation is sacrosanct -- deficits lead to inflation and uncontrolled deficits lead to uncontrolled inflation. Whether or not there will be a Nightmare American Inflation remains to be seen. Let it be said though that the trend is not favorable.