Thirdly there is the Fed’s currency infusion into the the stock market which has completely decoupled the markets from the actual economy. If you are looking at the NYSE as a measure of the economy, you are deceived. The stock market reflects the actual state of the economy like Britney Spears reflects excellence in music.
Finally, all of these things have been made possible through the US government’s willingness to take on debt so great as to discourage any idea that it will actually make good upon it. This debt will fall heavily upon us all in the form of a radically debased dollar.
What we are seeing is an attempt to stave off the collapse of the dollar by repeating all of the mistakes that have lead us to this crises. The result is the fiat currency known as the American dollar is now in the beginning of its “last days”.
Greed has brought us to this ruin.