#WikiLeaks, #Bernanke and #Hyperinflation

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National Inflation Association
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WikiLeaks, Bernanke, and Hyperinflation

NIA is deeply disturbed by how U.S. politicians and the mainstream media
have been calling for WikiLeaks founder Julian Assange to be charged with
treason. Some people in Washington are even calling for the assassination of
Assange like he is some kind of a terrorist, all because he helped spread
the truth about our country's foreign policy and other sensitive topics. The
U.S. is in very serious trouble if it has now become a crime to speak the
truth.

In recent years with the help of the Internet, there has been a rise in
alternative media sites that speak the truth, while the mainstream media has
simultaneously experienced collapsing television ratings and newspaper
circulation levels. CNBC's average television show now only has 47,000 U.S.
viewers in the 25-54 demographic, down 36% from one year ago. NIA's latest
inflationary depression update video has already surpassed 47,000 views, and
we don't have the advantage of being on cable television in 95 million
American homes.

Americans today have an appetite for the truth. For decades, Americans were
brainwashed into believing anything the mainstream media said as the truth.
Now that America is waking up and realizing that they have been deceived and
lied to their whole lives by the mainstream media, the media is losing its
stranglehold over the public. The politicians and corporate elites who
control the media are becoming very scared.

Although NIA is not a supporter of Assange, we are a supporter of
constitutional rights and there is no more important constitutional right
than our freedom of speech. If Americans don't take a stand now to protect
their freedom of speech, the U.S. government soon might make it a crime to
warn Americans about the hyperinflation that is ahead. With the current path
our country is on, there is a chance that as the U.S. approaches the point
of hyperinflation, organizations like NIA will be made illegal to exist in
the U.S. Those associated with NIA and organizations like us may one day be
charged with treason or targeted for assassination, just for warning
Americans to get out of fiat paper money (U.S. dollars) and into real money
(gold and silver).

If there is one American who deserves to be charged with treason, it is
Federal Reserve Chairman Ben Bernanke. Bernanke, this past Sunday on '60
Minutes', outright lied to the American public when he said that the Federal
Reserve isn't printing money. Less than two years earlier on the same
television program, Bernanke admitted that the Federal Reserve is printing
money. However, back then, nobody was questioning the Federal Reserve's
actions. Thanks to alternative media organizations that have worked
tirelessly to help expose the Federal Reserve's dangerous and destructive
actions, Americans are starting to finally question the Federal Reserve and
Bernanke is now clearly on the defensive.

Bernanke's lie on '60 Minutes' that the Federal Reserve isn't printing money
is similar to the lie he made under oath on June 3rd, 2009, when he
testified in front of Congress saying, "The Federal Reserve will not
monetize the debt." Today, the Federal Reserve is monetizing the debt (as
admitted by both the Kansas City and Dallas Fed Presidents). When Bernanke
uses the term "quantitative easing", he is insulting the intelligence of
Americans. "Quantitative easing" is nothing more than printing money.

Bernanke said in his interview that the purpose of the Federal Reserve's
"quantitative easing" is to keep interest rates low, but the yield on
10-year U.S. treasuries rose to a new six month high today. The truth is,
"quantitative easing" is causing interest rates to rise because all of the
money being printed is about to cause an outbreak of massive price
inflation. The yield on the 10-year bond has risen by 38 basis points during
the past three days alone and is now up to 3.26%. NIA continues to believe
that interest rates have seen their lows and yields on the 10-year bond will
likely rise above 4% in the first half of 2011.

When the 10-year bond yield rises to above 4%, instead of Bernanke admitting
that he lied to the American public and his money printing actually caused
interest rates to rise, Bernanke will likely claim that his "quantitative
easing" just wasn't large enough. Bernanke will use rising interest rates as
an excuse to expand the size of QE2 and/or possibly launch QE3. Remember,
every 1% rise in interest rates means an extra $100 billion that will need
to be spent each year on interest payments on our national debt. Rising
interest payments on our national debt can only be paid by Bernanke printing
even more money.

Bernanke promises that he won't let price inflation in the U.S. rise above
2%, but all Americans who live in the real world realize that price
inflation is already well above 2%. Whether it be food, gas, heat, clothes,
healthcare, college tuition, entertainment, or just about anything else,
prices have risen over the past twelve months for just about all goods and
services in America by a lot more than 2%. It is a real shame that
absolutely nobody in the mainstream media has acknowledged this fact and
called Bernanke out on it. Bernanke deserves to be impeached for his
previous acts of perjury and for blatantly ignoring the price inflation that
exists all around us.

Bernanke is currently leading a misinformation campaign that will prevent
the majority of Americans from preparing for and surviving U.S.
hyperinflation. Bernanke's misinformation campaign is similar to what took
place in Weimar Germany in the 1920s when they experienced hyperinflation.
In Weimar Germany, the misinformed public always focused on rising prices,
but never understood that prices were rising because the German mark was
losing its purchasing power.

The Germans believed that there was a shortage of marks and it was therefore
necessary to print as many marks as possible. Germans placed all of the
blame for their crisis on the symptoms of inflation. They blamed greedy
tourists, selfish industrialists and profiteers, the wage demands of
labourers, speculators in Germany who were buying foreign currencies and
sending their wealth out of the country, and other nations that were buying
up German assets with foreign currencies. They failed to grasp that it was
their government's own printing of marks and increasing the money supply
that caused the inflationary disease.

Bernanke is trying to convince the world that he can create an economic
recovery through "quantitative easing" (printing money), without creating
price inflation, because he claims to have the tools to unwind the Federal
Reserve's massive asset purchases. He is trying to trick the world into
believing that he has the ability to pinpoint an exact time in which the
U.S. economy is recovering without massive price inflation, where he can
exit his inflationary strategy before prices start to dramatically rise.
Bernanke has no exit strategy that he can implement without sending the U.S.
economy into the next Great Depression.

Bernanke, being a self-proclaimed scholar of the Great Depression, is not
going to allow another one to occur. Bernanke didn't like the market's
reaction when he allowed Lehman Brothers to fail (the only right decision he
made during the whole panic of 2008). After the failure of Lehman Brothers
caused the stock market to crash, Bernanke didn't allow another major U.S.
bank to fail. NIA predicts that we will one day see Bernanke attempt to
launch his exit strategy by raising the Federal Funds Rate, but as soon as
the stock market begins to go south like in late-2008, Bernanke will reverse
his decision and either lower the Federal Funds Rate again or leave it at
artificially low levels until the U.S. dollar loses all of its purchasing
power.

One organization out there that has perhaps played the largest role in
helping expose the Federal Reserve's manipulation of gold and silver prices
is the Gold Anti-Trust Action Committee (GATA). NIA considers GATA's
President Bill Murphy to be a hero for having the courage to expose evidence
of gold and silver price manipulation at the CFTC hearing on position limits
that was held on March 25th of this year. A short time after the hearing
took place, Murphy was leaving a restaurant less than two blocks from where
he lives when somebody jumped out from behind a wall and sucker-punched him
with brass knuckles. He was knocked out cold and thought his jaw was broken.
NIA just conducted a shocking interview with Bill Murphy that we will be
releasing Friday evening. You will definitely want to listen to this
interview.

It is important to spread the word about NIA to as many people as possible,
as quickly as possible, if you want America to survive hyperinflation.
Please tell everybody you know to become members of NIA for free immediately
at: http://inflation.us