¿Dónde andaba Santa en 1923 cuando Weimar?

December 13, 2007 (LPAC)--The news is not good for those monetarists who, in defiance of reality, refuse to adopt what Lyndon LaRouche has proposed to deal with the worst global financial collapse in modern history. On the one hand, just a day after the Fed announced that it was going to pump tens of billions of dollars into the system, a new level of crash took place globally as stock markets tanked, led by the very banks the Fed's move was supposed to help. Then, on the other hand, not exactly rays of sunshine, the Labor Department released figures for the prices paid to U.S. producers in the U.S. in November.

The figures show a 3.2 percent gain in prices, twice as much as your typically incompetent economist had forecast. This increase in prices is at the fastest pace in 34 years, i.e., since August 1973. The commentaries say that the increase was "pushed up by surging costs for fuel." That is partially true, but what they fail to mention is the stratospheric increase in the monetary aggregates pumped into the system by the Fed, in a vain attempt to prop up a financial system which is insolvent.

For those who don't want to be lied to, consult Lyndon LaRouche's second triple curve, which cuts through all of the garbage and makes clear what the real problem is and why the current measures being taken won't work. The only difference between today and Weimar hyperinflation in 1923 is that they used wheelbarrows then, and now, Bernanke uses helicopters to circulate worthless money.