The Phaserl


Empire of Debt.

from Dees Illustration, via SGT

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10 comments to Empire of Debt.

  • Bob Dobolina

    Pretty horrendous if you ask me. I’ve been tracking price inflation (to try to get us out from our debt) at

    • Eric

      Jim Sinclair’s Commentary

      The latest from John Williams’

      – FOMC Fiddles with Boosting Interest Rates, While Annual Real M3 Growth Just Plunged to a New Signal for a Major Economic Downturn
      – Annual Contraction in First-Quarter Real Earnings Is a Virtual Certainty; Back-to-Back Quarterly Contractions Also Are in Play; Circumstances Not Seen Since the Stalled GDP of Second-Half 2012
      – February Nominal Retail Sales Gain of 0.08% Was Less than Inflation;
      Inflation-Adjusted Real Sales Declined by 0.04% (-0.04%) for the Month
      – Headline Annual Inflation Surge Has Been Due to Energy-Price Distortions, Not to an Overheating Economy
      – February 2017 Monthly CPI Inflation Rose by 0.12%, Pushing Annual CPI-U Inflation to a 60-Month High of 2.74%, with CPI-W at 2.82% and ShadowStats at 10.5%
      – February Final-Demand PPI Annual Inflation Hit a 59-Month High of 2.19%

  • Eric

    Oh man!

    Thanks Bix. Facts are important. lol.

  • tomche

    Yea, those crooked bankster’s of 1913 lore sure understood what the hell they were doing…

    • Eric

      Yeah but thanks to them, Gold has averaged a 7.35% return on investment over the past 50 years. All for doing nothing but sitting there while they fuck things up, close the Gold window, and debase the US Dollar.

  • Eric

    Land was selling for $3 to $5 an acre, and a laborer’s wage without board was 90 cents a day.

    Wheat flour — $7.14/barrel
    Rice — 7 cents/pound
    Granulated sugar — 8 cents/pound
    Roasting beef — 11 cents/pound
    Soup beef — 4 cents/pound
    Cheese — 13 cents/pound
    Eggs — 20 cents/dozen
    Hard wood — $6.49/cord
    Rent for 4 rooms — $4.45/month
    Room and board for men — $2.79/month
    Room and board for women — $1.79/month

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