“A Tisket, A Tasket….

Another Trillion In The Casket!”

 

Ya gotta hand it to the FEDS! When the chips are down, boy do they spring into action.

 

The latest in this insane squandering of our nation’s wealth?

 

Another trillion and a quarter dollars in bailing out various bankers, buying up iffy securities and bamboozling the public.

 

Now lest you think this is money we don’t have – boy are you naïve!

 

Instead of robbing Social Security, reducing spending or raising taxes, our economic Einsteins at the Treasury and Federal Reserve Corporation have found a better way:

 

They’re now just going to print the darn money. No more smoke and mirrors about issuing Treasury Bonds or notes of obligation.

 

We want a trillion – we’ll print a trillion. No problem.

 

In fact, screw the printing press entirely! Just enter some numbers in a central computer and BANG! The check is not only in the mail, but approved and cashed in seconds flat.

 

Hey guys… I have a secret to tell ya… it doesn’t work that way.

 

You have now put us on the cusp of hyperinflation. For every dollar you call forth out of thin air, it decreases the buying power of the money already in circulation.

 

Or put in another way, it takes more and more greenbacks to buy fewer and fewer goods.

 

Or in even simpler terms… the money isn’t worth the paper it was supposed to be printed on.

 

But reality never really seems to take hold in the former Virginia swamp lands called Washington D.C.

 

So create away, O ye clueless clowns. Spend like there is no tomorrow. Because, ya know… the way we’re all heading – there will be no tomorrow.

 

You’ve already sold it – right out from beneath our feet.