The Consumer Price Index came in at -0.3% for the month, the lowest number since 2008. On top of that, the labor market continues to struggle. Apparently, all of those fucking “green” jobs 0bama promised us never panned out, due to the undebatable fact that 0bama is an oil man.
What the CPI is telling us is clear: America is swirling inside “The Deflationary Vortex” right now, something I’ve been warning you about for years. How do you get out of such a conundrum?
Print more money.
Bernanke will take today’s CPI numbers and punch the hawks, on the Fed’s board, in the face with them. QE3 is not a possibility, but probable. In the event we do not get QE3, I’m afraid the market will drop by 10% or more in short order. Let’s face it, fuckers, without our capital markets, we are nothing. America must preserve its capital markets, else a sundry of subsequent events will toss us, violently, back into the stone age.