The Second Wave of The Depression

The Second Wave of The Depression: Hyperinflation is Likely: "The next wave is likely to involve a worldwide dollar panic."
The Fed Already Buys Back Last Week's Treasury Notes -- Seeking Alpha
Today's warning from Warren Buffett - New York Times OpEd.

Legislators will correctly perceive that either raising taxes or cutting expenditures will threaten their re-election. To avoid this fate, they can opt for high rates of inflation, which never require a recorded vote and cannot be attributed to a specific action that any elected official takes. In fact, John Maynard Keynes long ago laid out a road map for political survival amid an economic disaster of just this sort: “By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.... The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.”

[OTE14] On the Edge with Max Keiser – The Fed, front running, ponzi schemes Each video gets more amazing than the last. The 3rd video is a Wowzer!
Goldman's naked short circuit theory.