ear-fung.us I’m a programmer. I’m also pro-grammar.

16Dec/087

I’m terrified

The Fed cut interest rates to zero today in an unprecedented move to try and get the economy back on its feet.

This can only end badly. I'm predicting these things will happen:

  1. The fed will start printing money like crazy
  2. Banks will stop giving interest on your savings accounts, maybe even start charging you to keep your money there
  3. Massive inflation will occur
  4. A loaf of bread and a gallon of milk will cost 20x what it costs today
  5. The government will say they helped us

I'm absolutely terrified of the people who are leading our country right now because they are going to turn the United States into a place where I don't want to live anymore.

- I have no faith in our government.
- I have no faith in our financial system's ability to recover from the idiots running this place.

Americans are resilient people, but you can only "try to help us" for so long till the people rise up against the government to set things right.