Start Preparing For A Coming Depression caued by Peak Oil and a Mega Inflation

doodlebugs

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Oct 12, 2008
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The very scenario that Ron Paul has warned us about is upon us. Once again the economy will temporarily "come back" from the brink of disaster as governments around the world print money. When all that money being printed right now hits the system we will see inflation like we have never seen before. Perhaps during the "rebound" time, between deflation and inflation time is the time to start making our homes and lives depression proof by adding in rooftop solar panels, trading down to smaller more gas friendly cars, and planting food bearing plants and gardens in our yards. The dual whammy of the money flood and peak oil are going to hit us doubly hard when we recover from the current mess. The U.S. may look just like Zimbabwe some day, where a loaf of bread takes a wheelbarrow of money to buy. Peak oil will add to the misery because there won't be any money left to fund a "crash program" in energy efficiency and renewable sources like McCain or Obama talk of.
http://www.peakoilstories.com
 
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Welcome doodlebugs,
As has been predicted, the world is going to inflate to try to stop the problem caused by inflation. As they do so, it will be like trying to treat an anemic person with leaches. I have no doubt, inflation will come faster than anybody could have predicted. It takes time for the added monetary supply to spread out to the rest of the people and so there is going to be a lag between the injection of currency and the actual perception of inflation. By the time the inflation is noticed, it will be too late for the FED or anybody else to do anything about it.
 
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