“And this pathetic performance occurs despite the fact that the government has been buying huge, huge, HUGE amounts of war materiel from the ‘defense industry’ and running up enormous, enormous, ENORMOUS deficits to pay for it!”
The Mogambo Guru, as usual, hits upon the most important economic points in his latest rant. The Fed is hiding the real extent of the problem, and you should probably buy gold, silver, or some other precious metal.