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The Fed Announces QE2. Time to Start Stockpiling Food and Supplies
It's amazing how they can put a label on something and make it sound so smart and good.  The big word today was Quantitative Easing part 2.  "Quantitative" sounds so scientific and scholarly.  "Easing" sounds like it's under control.  Nothing radical here.  Just a nice and slow easing.  Those two words put together make it sound like it's probably a very good idea. People are willing to accept it without too much resistance.
But let's get real. It's nothing more than printing money, pure and simple.  To some, maybe printing money sounds like a grand idea.  At first glance, it sounds like a winner.  And that's why it's so easy to implement.
But what if they came out and said that over the next six months they were going to confiscate 20% of everyone's savings and income?  Everyone would be up in arms and there would be a mob with pitchforks on it's way to Washington. 
It's time to wake up.  That's what's on it's way because of this nice sounding Quantitative Easing.  Hopefully it will only make us 20% poorer and it won't get things totally unraveled and spiral into hyperinflation.
So you think prices are under control and we have ... more

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