Tuesday, April 30, 2013

Farmers Hoard Food To Protect Against Currency Collapse

"Argentina is going through the classic stages of economic collapse.

"The government seized all pensions.

"They are destroying everything that gives the people incentive to be a society that emerges from the cooperation of everyone.

"When government turns against its own people, even as the USA is currently doing, you end up with deflation insofar as the economy collapses and wages are not available, while hoarding emerges as does barter." -- Martin Armstrong