“In our view, as a result of their near-100-year monopoly, and flawed mandate to create public perception of never-ending (un)sustainable growth with price (in)stability, monetary authorities find themselves compelled in administering to an additional and rather absurd mandate – one which must avert an otherwise inevitable and catastrophic credit-deflation of their own making – and they must do so, at any and all cost. Our highly esteemed monetary authorities, boxed in a systemic paradox of their own design, appear to have no choice but to take their alchemy up a notch, and begin to fertilize seeds of hyperinflation in order to save face, and assure that their obligatory mandate will be fulfilled as agreed. . . . . . “
“To their credit or shame – depending on one’s perspective, they have successfully staved off this permanently imminent and exponentially growing deflation for more than 30-years running. The monster in which they’ve been so accustomed to taming – has apparently taken on such gargantuan proportion that it is now becoming acutely unmanageable. The seeds of hyperinflation are slowly taking root, and may soon begin to expose themselves to the populace, and spread unabated. . . . . . . “
“It also may be such that there is simply no practical timely solution other than making the necessary preparations to maintain civil order, the rule of law, and containing the masses as crisis after crises pounds the nation toward eventual revolt. . . . . . “
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