Stagflation on the Horizon

9:27 AM

First published by Money Metals here:

Debt enlarged, fiscal and monetary nonsense prevailed, banker bonuses increased, pension plans were crippled and savers were hurt by near-zero interest rates. Bonds turned down last July and stocks could correct at any time. Trillions of digital dollars could disappear in days if stock and bond markets collapse, but the debts will remain. Regardless of how quickly and harshly the fiat currency, bond, and stock bubbles collapse, gold and silver will remain real money and valuable.

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