The Currency War, Part I
...The parameters here have now been clearly outlined. The Little People (i.e. the bottom-80%) have nothing left to tax. The Fat Cats refuse to pay taxes, and have passed those instructions along to their political servants. Spending on people has (literally) been “cut to the bone”; while our corrupt governments refuse to cut their military spending or interest payments to our Financial Overlords, and corporate subsidies continue to increase.
This has left these aforementioned morally/intellectually/economically bankrupt governments with only one option: the printing press. In Europe, in answer to the “Euro debt crisis”; we have “unlimited bond-buying” (i.e. monetization of debt). With all these nations being massive debtors; ipso facto, unlimited bond-buying means unlimited money-printing to finance those purchases...
Full commentary: http://www.bullionbullscanada.…9-the-currency-war-part-i
The Currency War, Part II
...For those readers seeking to find some distinction/demarkation point between ‘mere’ competitive devaluation and the “currency war” our governments tell us they are not planning on having; we appear to have it. Competitive devaluation represented the era where our governments drove their paper currencies to zero (in economic/mathematical terms).
The Currency War represents the final death-throes of these paper currencies: the interval of time that elapses from the time all this paper actually became worthless, and the inevitable “crisis of confidence” when the Chumps realize that all this paper is worthless...
Full commentary: http://www.bullionbullscanada.…-the-currency-war-part-ii