Tuesday, May 12, 2009

US Prints Paper Money, China Buys Gold

The U.S. economy needs free money from the Federal Reserve. Any attempt to halt the debt monetization will send the U.S. economy again plummeting into the depths of the Obama Recession. And with the need of the Obama Regime to sell $2.4 trillion of debt in the next year, any talk of “taking the punch bowl away” is crazy. And China is buying gold.

read more | digg story

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