Fed Will Disappear?

Last week we posted a new video from the National Inflation Association. The video was titled MELTUP and it talked about the inevitability of hyper inflation that is going to come for the USA as the government prints money, suppliers go out of business, etc...

In this video from Yahoo finance we have a smart gentleman saying the deflation will come first.

Also notice that he believes the Federal Reserve will disappear in his lifetime.

See it here; http://finance.yahoo.com/tech-ticker/prechter-bank-reform-will-shrink-credit-and-kill-the-economy-493473.html?tickers=%5Edji,%5Egspc,xlf,skf%20,gs,c,faz

Certainly his social observations are right on. People's nature has not changed for thousands of years. We are driven by fear and greed...and that pendulum can only swing back and forth for so long before it crashes into something.