How many times have I said systematic failure? We are getting closer and closer. Today will be an important day to see if Helicopter is willing to destroy the (once almighty) dollar for a few weeks maybe days of payday for the banksters. Sad Sad times. We are printing money to buy our own debt. Pathetic.

A senior Washington intelligence source reported this morning that a serious fight has erupted inside the Federal Reserve over hyperinflation, and that people close to the Fed are going to be leaking details, which means the fight will intensify and become more public. He added that that fight is now erupting inside this week's annual Jackson Hole economic summit of the Fed, whose host, Thomas Hoenig of the Kansas City Fed, has publicly dissented from Bernanke's hyperinflationary decisions at each of the last eight meetings of the Federal Open Market Committee. And indeed, sources at that Jackson Hole gathering report that it is an extremely interesting one, especially its off-the-record discussions.

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