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Wednesday, March 18, 2009

$1 TRILLION, which may or may not really exist, getting pumped into economy

The Federal Reserve is sending $1 trillion more into the flagging economy via "purchasing Treasury bonds and mortgage securities".

At this point I have lost count of how much money - the evidence for the actual existence of which is about as substantial as that for the Loch Ness Monster - has been "pumped" into the markets over the past six months.

Hyper-inflation, here we come...