Food prices are increasing at a double-digit rate in the U.S. (and across the West) just as they are in Asia. In our global economy, obviously, there is only one market for agricultural products. Thus, the real question instantly becomes: Why would the U.S. propaganda machine produce an especially absurd lie on inflation it knows that no one will believe?
This is a question that presents no obvious answer. After mulling it over carefully I've been able to arrive at only one rational premise: The U.S. government (at the urging of its Banker Masters) has dramatically ratcheted-up the degree of its lying about inflation because it (now) knows that it is going to have to hide much, much, much more inflation in the near future.
This much has already been clearly telegraphed. As the rapid deterioration of Western economies in general, and the
U.S. economy in particular
, intensifies the banking syndicate pretending to be our Economic Nanny is being pressed into action as the Sheep bleat, "Do something!"
As iconic trader Jim Rogers
only a few weeks ago, these bankers "only know one thing (printing money) and that's what
going to do."
Thus, we know that much more money-printing is on the way, and we know that even the inflation-loving bankers are extremely worried about the effect of all this new paper on all their old paper since they have been spewing the same (new) absurd lie, en masse.
After telling us that the entire purpose of the first round of quantitative easing (QE1) was to produce inflation (and congratulating themselves on their success) now the very same bankers, about to do the very same thing, are asserting that "QE3" might not produce
at all. This is despite the fact that the greatest Mad Hatter of them all, Ben S. (B.S.) Bernanke, has based his entire career on the premise that large-scale money-printing must always cause significant inflation.
Suddenly, out of a seeming morass of absurd lies a clear script emerges. QE3 is a done deal. Our economies have begun another death spiral. As with all Ponzi-schemes (like the Western financial system) it requires ever-increasing amounts of fresh paper to delay the inevitable implosion.