Our One-Way Ticket to Zimbabwe

Found at ZeroHedge yesterday, this guest post by Davos Sherman Okst.

I’ve finally had the time to thoroughly study Bernanke’s entire Press Club speech, his appearance before Representative Paul Ryan’s House Budget Committee and bulk of the recently released 2005 FOMC minutes.

The conclusion I have drawn from all this data is that the captain of our economy, Ben Bernanke, is either an economic imbecile or a financial terrorist. Through evil intent, or sheer stupidity, the outcome remains unchanged. The bottom-line: He has hijacked our economy flight and changed our destination. Bernanke is about to crash Flight 666 and all 308 million of us sitting helplessly in the passenger cabin into Zimbabwe’s airport known as Hell’s Hyperinflation Field.

[. . . .]

I for one don’t want to subject my family to some Superdome camp where rape and drugs are rampant because our collective leadership can’t manage their way out of a Fiat currency crisis. Fiat currency crises are regular events, the average unbacked paper (Fiat) currency lasts 39 years, ours is 40 years off the gold standard. There have been 3,800 Fiat currencies that have failed. Not one has ever lasted.

In other words - this should be a big surprise to NO ONE!

Read the full article here. Don't let the Christ Martenson charts put you off. As Okst says, "Chris is a brainiac who pulled the economy apart and explained it so even an economically challenged fourth grader could 'get it'."