The US Federal Reserve appears poised to significantly increase its purchases of Treasury securities. These purchases are called an open market operations or “repos”, and are highly inflationary, if done to excess. Since the Accord of 1951, the Federal Reserve banking cartel has been in full control of open market operations. The credit market is presently going through an unprecedented collapse, so be ready for more Fed “liquidity pumping” and hence more inflation!
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From Reuters: ‘Second Thoughts about Fluoride,’ Reports Scientific American. Yet another good reason to move to the hinterboonies.
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Desert T., Rightcoast, and KBF all recommended the upcoming History Channel documentary series titled “Life After People“. The show premieres on Monday. (January 21, 2008.)
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Reader Eric S. sent this: Wealthy may be next in line in U.S. home crisis