We are living through one of the greatest transfers of wealth ever experienced. As Americans continue to live unsustainable lifestyles, the nation is selling off its strategic assets to pay the bills. Now the Federal Reserve has telegraphed the biggest liquidation event in world history. America is up for sale, and at knock-down, distressed-asset levels.
Last week Federal Reserve Chairman Ben Bernanke announced that the Fed would print up $600 billion—by fiat—to inject into the economy. The official purpose is to increase exports and stimulate the economy. But instead, he has opened the doors for a massive dollar flood.