U.S. Hyperinflation Possible By Year 2015

by M.D. Creekmore (a.k.a Mr. Prepper) on March 19, 2010

U.S. Hyperinflation Possible By Year 2015 – We are now at a point where if the U.S. government taxed Americans 100% of their income, the tax receipts generated would not be enough to balance the budget. Likewise, if the U.S. government cut 100% of its spending including defense, but kept paying Social Security, Medicare and Medicaid, we would still have a budget deficit. NIA believes it will be impossible for the U.S. to have a balanced budget ever again.

Economic Recovery is a Government “Sham” – Economic Recovery Is a Government ‘Sham’ … Former Secretary of Labor Robert Reich says the “recovery” is a sham. “Part of the perceived growth in GDP is due to rising government expenditures,” he says. “But this is smoke and mirrors … The stimulus is reaching its peak and will be smaller in months to come.  And a bigger federal debt eventually has to be repaid.  And even though the U.S. economy grew at a 5.9 percent annual rate in the fourth quarter of 2009, those GDP figures are badly distorted by structural changes in the economy.

Our Entire Financial System is Corrupt – A massive crime has been committed and no one seems to care. Why haven’t the banks and brokerage firms been named in the suit, along with the Fed and the SEC?

New York State Tax Refunds Put On Hold – Gov. Paterson Freezes $500 Million, Says Financial Situation The Case, Won’t Start Sending Again Until April 1

Social Security: “Here It Comes” – This year, for the first time since the 1980s, when Congress last overhauled Social Security, the retirement program is projected to pay out more in benefits than it collects in taxes — nearly $29 billion more.

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{ 4 comments }

Patriot Farmer March 19, 2010 at 6:35 PM

2015? I don’t think we will be that lucky…..

Mechanic in Illinois March 19, 2010 at 8:29 PM

I’m with Patriot Farmer, we’ll be lucky if we don’t see it by the end of the year.

Patton**** March 19, 2010 at 11:14 PM

I agree with everyone, We wont last that long. Stock up now with a one-year food , ammo and fuel supply. Learn eveything you can NOW via the internet (while its still running) and books about self-sufficiency.

TeaPartyLoonies January 14, 2011 at 9:29 AM

Well, folks…we made it to 2011….and the economy is looking up…dow is rising….cost of milk and food is the same as a year ago……ease up on the insane rhetoric, sell some ammo and guns and for god sakes get a psychiatrist to help you out with your paranoid schizophrenia. Loonies.

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