Wrong Rick....they Will Bail It All Out

There will be no deflationary collapse like Rick Ackerman believes. It will be a continued myriad of schemes designed to continue the inflationary blowing of the current bubble you are in. Its a PONZI. Everything is designed to inflate the DEBT based economy. Its all based on keeping CONfidence in the system so you acquire more debt. As our illustrious Bush Jr once famously said BUY MORE SHIT.

You’re in the greatest CONfidence game in history. I have maintained over the years they will theoretically be able to push the money printing until real hyper-inflation in the real economy kicks in. Ackerman believes, as do others, that a deflationary collapse will be the first hammer we get from some “black swan”.

Don’t bet on it. He’s right that inevitably this all ends in a “Mad Max” scenario, but its the route to this end I differ with him on. They will print and print and print. QE to infinity or as they call it now Repo to infinity. The “path to hell” will be inflation…then HYPERinflation. Until we see hyperinflation with the dollar beaten slowly (then rapidly) to hell, Rick’s deflationary “Mad Max” will have to wait.  

We’re obviously in inflation now but its “stagflation”. This will worsen eventually to hyperinflation. Then we will get the collapse that Ackerman sees coming. That time period could be months to years. WHY is this the most likely scenario? Because that is what they have been and ARE doing. They INFLATE because Rick’s deflation is way to painful for the bankers. They will be hung from lamp posts if they deflate. I’m counting on them behaving just as they are now and just like I believe they will into the future.

There will be a “collapse” and it might be “mad max”, but they will devalue the dollar and they will bring in major inflation before the collapse. Meanwhile they will keep telling us “all is good”. enjoy