By Robert Fitzwilson on King World News writes:
The scientific method in our time is severely hampered. It is supposed to be “observe, measure, and reason.” With data that is not believable and the media suppressing the observations, it is very difficult to reason.
This is where history comes into play. It is the collective human memory. The early civilizations that have tried this can be excused because they did not have generational memories or written records of the failures passed down by history. But we do.
Printing and currency debasement has never worked and it never will. What lies ahead is a chaotic collapse of any asset reliant upon the integrated web of fiat money creation. Most people refer to it as hyperinflation of prices. In our mind, it makes more sense to refer to it as hyper-devaluation of paper currencies -- an instantaneous, hyperbolic collapse relative to real assets. As was reiterated this week, gold is not going up, the currencies are going down with increasing volatility and speed.
At some point, paper currencies will collapse down the elevator shaft of history. While the elevator shaft is linear, gravity makes the experience much more terrifying. Time is running very short ...