Comment: Its different now granger...

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In reply to comment: This isn't news for me (see in situ)

Its different now granger...

our currency is being systematically destroyed. China is buying our land and companies with virtually worthless FRN's and the more they by NOW, the more FRN's get into circulation...THAT will force interest rates higher and cause massive inflation.

Selling things to foreign governments when the M1 supply was being maintained realitively consistant is vastly different than when foreginers buy things while The FED is "printing" 100 billion plus new dollars each and every month on an open end basis.