Sheer nonsense !!! In the CURRENT situation there'll be no (hyper-)inflation at all. As long as the FED prints money at a SMALLER rate than credit is destroyed (hyper-)inflation doesn't stand a chance. But if (when ???) the economy collapses and the currency collapses as well and the FED would continue to print money like there's no tomorrow then (hyper-)inflation could/will take root.
Your last sentence summed it up and that is exactly what will happen. It is very obvious that the PTB want the dollar destroyed. We are violently defending the dollar in some aspects such as beating the war drum against Iran for moving away from the dollar.
A lot of Iranians are going to die because of the dollar.
Willy2 what is this credit destroyed stuff? You buy my 250 gto for $250,000, a week later you wrap it round a lamp post and the scrap man gives you $50 for it. Has the $250,000 you gave me for the car just disappeared or something?
Have any of those guys ever been right about the economy. I remember the guy on right (Art) totally say evetyone was crazy to think the housing market would crash. These guys dont know sh*t.
Sheer nonsense !!! In the CURRENT situation there'll be no (hyper-)inflation at all. As long as the FED prints money at a SMALLER rate than credit is destroyed (hyper-)inflation doesn't stand a chance. But if (when ???) the economy collapses and the currency collapses as well and the FED would continue to print money like there's no tomorrow then (hyper-)inflation could/will take root.
ReplyDeleteYour last sentence summed it up and that is exactly what will happen. It is very obvious that the PTB want the dollar destroyed. We are violently defending the dollar in some aspects such as beating the war drum against Iran for moving away from the dollar.
ReplyDeleteA lot of Iranians are going to die because of the dollar.
BTW, can't stand Beck. 9/11 truth denier, Fema camp denier, on and on .... a shill. Has called protesters terrorists and BS like that .. puke.
ReplyDeleteHe appears to be a radical only. Everything he says is pre-approved and filtered.
Willy2 what is this credit destroyed stuff?
ReplyDeleteYou buy my 250 gto for $250,000, a week later you wrap it round a lamp post and the scrap man gives you $50 for it. Has the $250,000 you gave me for the car just disappeared or something?
Have any of those guys ever been right about the economy. I remember the guy on right (Art) totally say evetyone was crazy to think the housing market would crash. These guys dont know sh*t.
ReplyDelete