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Old 11-08-2010, 01:38 PM   #1  
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Default Monetizing the Debt

We are headed for unbelievable inflation numbers with the upcoming monetization of the U.S. debt. Can you believe $17 for a Hershey candy bar or $11 for an ear of corn ??? We need protections against this as a hedge, our current payscales will be woefully inadequate should we encounter such attack on the U.S. dollar ......................... lots of stormy situations headed our way. What say you ???
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Old 11-08-2010, 01:46 PM   #2  
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Watching Glenn Beck today?
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Old 11-08-2010, 02:07 PM   #3  
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It's amazing how alky-hol bestows an expertise in economics...
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Old 11-08-2010, 02:12 PM   #4  
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The WSJ was a scary read this morning. The top three clips on the left side of the front page were that one of the Fed members was opposed to the recent moves, the German finnace minister was opposed and the Japanese prime minister was opposed.
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Old 11-08-2010, 02:20 PM   #5  
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Well, if the foreign finance ministers are against it, than I am for it.
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Old 11-08-2010, 02:32 PM   #6  
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Buying our own bonds is really one of the last things that we can do. It is definitely a risky maneuver.
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Old 11-08-2010, 02:53 PM   #7  
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Quote:
Originally Posted by Hacker15e View Post
Well, if the foreign finance ministers are against it, than I am for it.

Smart....
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Old 11-08-2010, 02:54 PM   #8  
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It worked for Germany right.. oh wait nevermind
So Germany's a bad example, but it definitely worked for Zimbabwe.. oh wait
Well the rules of economics don't apply to America. RED WHITE and BLUE baby

"those who don't know their history, are bound to repeat it"

What a bunch of clowns
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Old 11-08-2010, 02:56 PM   #9  
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Quote:
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Watching Glenn Beck today?
Not only did I watch his Tv show today, I'm also reading his new book.

Yes I did, whats it to you?
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Old 11-08-2010, 03:09 PM   #10  
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we are actually more likely some deflation [A FAR SCARIER THING] in the new future. A little inflation would be a good thing right now, it would screw the chinese and reduce our actual national dept.

whatever news source told you about this inflation? turn it off, it is garbage. inflation short term we won't see much of it.
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