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FSN: The Swan Song of Stagflation
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
Gas prices up over 100 percent from 2005 and incomes are stagnant. Ignoring a $16 trillion debt headline and repackaging food to hide stagnant incomes.
from My Budget 360
If you look around your daily life you realize that your purchasing power is losing value. For a few decades now the middle class in the United States has demonstrably shrunken like clever food packaging. Over the last forty years we have lost 10 percent of our middle class. Most have fallen into the lower income bracket and now with a record 46.5 million Americans on food stamps, you have to wonder what kind of new economy we are entering into. Since household incomes have gone stagnant for well over a decade, any increase in price on one item will definitely impact the cost of other goods. In the end the purchasing power of Americans is falling. Did you notice that in the last few days our federal government debt went over $16 trillion? The media ignored this milestone assuming the public just doesn’t pay attention to headlines with the word trillion in it.
Continue Reading at MyBudget360.com…
2012-09-07 23:39:54
Source: http://silveristhenew.com/2012/09/07/the-swan-song-of-stagflation/
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