by Michael Snyder, The Economic Collapse Blog:

A lot of people have been waiting for a meltdown of America’s financial system, but the truth is that it is already in the process of melting down.  As you will see below, the size of the monetary base in the United States has gotten more than six times larger since 2008.  If we continue down this road, it won’t be too long before we start looking like Germany during the Weimar Republic.  But if we stop creating money at a feverish rate, we won’t be able to service our debts and we will plunge into a very deep economic depression.  Those that run things desperately want to avoid short-term economic pain, and so they just continue to take the easy way out.  Unfortunately, taking the easy way out time after time will only lead to heartache.