Rising Stock Markets = Signs of Inflation
Stock-Markets / Inflation May 05, 2011 - 03:57 AM GMTIn 2007 or 2008, "While markets across the world have been crashing, the Zimbabwe Stock Exchange has being seeing record gains as citizens turn to equities to protect their money from the country's hyperinflation.
In Turkey, 1982-2005, the stock market went up over 2,000,000%... about 66%/yr compounded. For those "lucky" enough to have been fully invested for the entire ride (and not accounting for taxes)... they STILL LOST 98% OF THEIR BUYING POWER IN THE DEVALUATION.
Just before the devaluation in 2005, a cup of cafe coffee cost 3,000,000 Turkish Lira. After the devaluation, a cup of coffee cost 3 New Lira... the devaluation was 1,000,000:1, lopping off 6 zeros. Recalled from memory... look it up if you find this astonishing.
Rising stock markets cause inflation and Barack Obama's multi Trillion dollars donation/bailouts was directed to save stock markets.
The $9 Trillion bailouts printed by Barack Obama and donated to bankrupt companies is causing high inflation in USA and other countries.
Barack Obama is worth $5 million and USA politicians must be collectively worth $5 Billion (not sure). Obama collected multi-Trillion dollars from USA Tax-payers and donated it to giant companies. There is nothing wrong in donating personal money but you need confirmed permission from Tax-payers for donating their hard earned money. How did USA politicians donate multi Trillions dollars to bankrupt companies?
Federal Government spending is mandated to be for "the general welfare". When Government directs taxpayer money to an individual or group (and not for the general benefit of all Americans).... that's unconstitutional and against the law... as are earmarks and others.
Is donating multi-Trillion dollars Tax-payers money an "‘impeachable’ offense"?
Till today terrorists must have killed 1 million to 10 million people worldwide.
Till today high and useless inflation must have killed 1 billion or 2 billion people worldwide.
How many wars have been the direct result of high inflation? How many millions of people have been killed/died till today because of high inflation because people cannot buy good food, medicines, good houses. Every day 5 Billion or 6 Billion people suffer because of present Highest inflation.
Who is worse, Terrorists or high inflation?
Sincerely,
Mach
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