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FSN: Bailouts, Bailouts Everywhere = Infinity
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Bill Holter
Miles Franklin
Treasury Secretary Tim Geithner is proposing to lift the debt ceiling to “infinity,” as in “QE to infinity”. I am actually a fan of this move as it would end the annual hypocrisy that there is actually a debt ceiling. There is no debt ceiling and hasn’t been for years, only the facade of a number which generally gets hit or exceeded on an annual basis. At least with an “infinite” ceiling we’ll know what their target is and for once we will actually get a truthful, factual and real number coming out of Washington. INFINITY, quite a big number and I must say that I never thought the “work ethic” existed in Washington to attain such grandeur.
Continue Reading at MilesFranklin.com…
2012-11-21 20:00:49
Source: http://silveristhenew.com/2012/11/21/bailouts-bailouts-everywhere-infinity/
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