Near-zero interest rates and runaway money supply growth have made the US economy more vulnerable than ever to hyper-inflation and a currency crisis. But little of this free money is flowing into the economy because banks are still more focused on enriching themselves than loaning to customers.

That’s a line that’s being repeated a lot lately in the financial media. And with 2010 elections approaching–and the policies of the Obama Treasury Dept increasingly under fire–odds are we’re going to hear it a lot more in coming months.

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