"Few people have the imagination for reality."
-Johann Wolfgang von Goethe
The National Pulse hopes everybody received what they asked for from Santa because it is looking like the shelves are NOT going to be replenished.
The Baltic Dry Index fell below 1000 for the first time since 2009 and 40% since the start of 2012.
The only way to pack the shelves full of stuff again will be to print more money. Central bankers will then face an even broader rejection of their paper currencies. Which will they choose? Will they settle for the violence that comes with an irate populace looking for paper towels or willingly accept their diminished power when they inflate and lose control of the currency game?
If the beginning of 2012 is any indicator, the central bankers are going to err on the side of deflation. The banking and political elite clearly do not care for humanity, nor are they scared of civil unrest as much as they are of losing their power to print the "legal tender." Why else would they have passed a law declaring war on the their own people?
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