Real reason on Iran: "we need to blame people that don't look like us"

Very interesting listen. Pulls the curtains behind inflation and the need to keep things going till the election. 
Talks about:

• Monetary Easing
• Global Inflation
• Chinese Economy, and the need to curb inflation
• Politics behind Iran
• Australian Boom Times (47% of economy is made up of exporting Coal and Iron Ore to China and Japan)

Erik Townsend: Expect a US Price Shock as Black Swans Come Home to Roost

American investor (and longtime CM.com member) Erik Townsend has spent the past several years living internationally, with an eye to which countries may be good alternatives if economic crisis and/or Peak Oil start to materially impact life in the US.

His main observation as an expat? Through its misguided policies, the US has been exporting inflation to the rest of the world, raising prices all over the globe (as an example, Erik cites a $57 chicken pot pie from the menu at a 'working class' restaurant in Australia).

This inflation is affecting the rest of the world harshly, but is not yet being felt in the US due to our ability to export it as the issuer of the world's reserve currency. Our immunity will not last forever though, and when it ends, a massive upwards spike in prices is going to hit.

http://www.peakprosperity.com/blog/erik-townsend-expect-us-price-shock-black-swans-come-home-roost/72026