Just got my heating oil tank filled this week and exactly 1 year ago and 3 days it was filled and the price per litre is 24% higher.
Twenty Four Freaking Percent Higher!
I called them and the oil company basically said more increases are coming and I could expect to be paying $1.50 litre for heating oil that's more than gasoline, before winter is over.
In 1995 I bought my house and heating oil was $0.61 litre!
To thing that the national debt was only 11.4 trillion around June 2009, now it is 14.6 trillion and counting in September 2011. In slightly more than 2 years it has increased 12%.
This video is taken from another. It's been scaled down alot. So if you likied this you should watch PREPARING AMERICANS FOR HYPERINFLATION posted by BereanBeacon
Simple, you can't see what you don't understand because of every poor excuse humans can think of. Excuses being: God will take care of everything; I'm not good with numbers; I don't have time... you get the picture. Also people aren't use to the truth/facts and this is apparent when you look at global, national, local, and person "issues". We are creatures of habit!
@kannanrad, Because, while being economically astute, Paul is EMBARRASSINGLY NIEVE when it comes to our foreign policy and the noble missions of our military. There are REAL threats out there and without national security 1st there can be NO ECONOMIC PROSPERITY!!! He should focus MORE on ending ENDING THE FED and ENDING THE WELFARE STATE and the massive entitlements and unfunded liabilities of Soc Sec, Medicaid, etc. along with Gov'nt bailouts, stimulus, etc. LEAVE THE MILITARY ALONE!!
@kannanrad the easy answer is that people are to intellectually lazy and dull to ever give someone like Ron Paul a chance, you have to either be a war monger, or promise lots and lots of free stuff (courtesy of the "Rich") to the masses to get elected these days, talk about true freedom, personal accountability? Gets you nothing more than written off as a kook, the US is dead!
@kannanrad I totally agree. Had the majority of US people voted for Ron Paul in 2008 we would be well on our way to true economic recovery. Hopefully in 2012 Ron Paul will be elected. Otherwise I believe we are economically and politically doomed!
@transitionalphase not necessarily true. Thing would be considerably better if Ron Paul had been elected, but we would still have a Congress and Fed full of Keynesian hypocrites.
As president, Ron Paul can only do so much, but the national debt would be TRILLIONS less than it is right now because of less overseas spending.
1. The money supply has been expanded this high before after the 80's crash and there was no hyperinflation.
2. When credit and equity lines are shut down that is a destruction of wealth, the money vanishes into thin air - the money being printed is a tiny fraction of what has been destroyed.
3. Weimar germany, argentina and zimbabwe did not use a modern credit market system - and furthermore did not have the worlds reserve currency.
Your hubris is funny. Have you not heard? China, India, Russia, France the UNITED NATIONS and others are now stating that we need a new world reserve currency. Also, Gulf states(OPEC) are seriously considering the abolishment of using the greenbacks for oil trading. The dollar is becoming more worthless over time. NO COUNTRY has ever maintained a decent standard of living and certainly not remained a superpower when its currency has busted.
With all due respect, time will prove you wrong. Throughout history there has always been an economic and military superpower state. The US is not the first nor will it be the last.
We will see in a long run 50-100 years nobody really knows what Chinese will do, but now? America will be stronger and stronger; if you do not see this Im sorry. Stronger like: Americans will own\buy more property in US for others people\country money with super low interest, same applies to cars, electronic, and everything.
Where do we get money? We borrow from China, Saudi Arabia to buy stuff made there and then through inflation we will erase our debt.
Idea\Concept of Dubai was brilliant, lets built a super useless city in the middle of desert and charge them huge for it, then lets tell them it is so cool. Is it? I think it is stupid, same as giving an idiot a piece of shiny glass and saying it is a gem. I love bankers.
you are correct, as the dollar is the world reserve currency the world would be screwed. It will be at least 20 years before any suitable basket or replacement is in use according to ALL experts.
Hmm.. S&L bailout.. Yes started under Reagan...
Xenthoid 2 months ago
This has been flagged as spam show
Just got my heating oil tank filled this week and exactly 1 year ago and 3 days it was filled and the price per litre is 24% higher.
Twenty Four Freaking Percent Higher!
I called them and the oil company basically said more increases are coming and I could expect to be paying $1.50 litre for heating oil that's more than gasoline, before winter is over.
In 1995 I bought my house and heating oil was $0.61 litre!
moviematcanada 2 months ago
This shit dwarfs Enron and Worldcom.
Playboysmurf1 3 months ago
To thing that the national debt was only 11.4 trillion around June 2009, now it is 14.6 trillion and counting in September 2011. In slightly more than 2 years it has increased 12%.
eurohim 5 months ago
BUY GOLD AND SILVER AND PRAY. LETS PRAY HISTORY DOES NOT REPEAT ITSELF
emmanuel43 5 months ago
@UBSCARED in one year!!
Bluebalz 8 months ago
Food prices soaring...welcome to Zimbabwe.
Gonji 1 year ago
Corruption is imminent.
Gonji 1 year ago
This has been flagged as spam show
Download Fetti Profoun's Bottom of the Pyramid for free!!!
superdougiedave 2 years ago
Got to buy more Silver. Only have one. Bought it at $16.
AkoyPinoy2 2 years ago
@AkoyPinoy2 apmex.com is where I bot my silver rounds--you need to buy at least twenty to help offset the cost of shipping and insurance
kevreilly7 1 year ago
melodrama
LTDreams 2 years ago
This video is taken from another. It's been scaled down alot. So if you likied this you should watch PREPARING AMERICANS FOR HYPERINFLATION posted by BereanBeacon
MILFinMS 2 years ago
Why can't people vote for Ron Paul?
kannanrad 2 years ago 28
Simple, you can't see what you don't understand because of every poor excuse humans can think of. Excuses being: God will take care of everything; I'm not good with numbers; I don't have time... you get the picture. Also people aren't use to the truth/facts and this is apparent when you look at global, national, local, and person "issues". We are creatures of habit!
salchih 2 years ago
@kannanrad, Because, while being economically astute, Paul is EMBARRASSINGLY NIEVE when it comes to our foreign policy and the noble missions of our military. There are REAL threats out there and without national security 1st there can be NO ECONOMIC PROSPERITY!!! He should focus MORE on ending ENDING THE FED and ENDING THE WELFARE STATE and the massive entitlements and unfunded liabilities of Soc Sec, Medicaid, etc. along with Gov'nt bailouts, stimulus, etc. LEAVE THE MILITARY ALONE!!
TheIronKeel 1 year ago
@kannanrad the easy answer is that people are to intellectually lazy and dull to ever give someone like Ron Paul a chance, you have to either be a war monger, or promise lots and lots of free stuff (courtesy of the "Rich") to the masses to get elected these days, talk about true freedom, personal accountability? Gets you nothing more than written off as a kook, the US is dead!
duanescot 8 months ago
@kannanrad I totally agree. Had the majority of US people voted for Ron Paul in 2008 we would be well on our way to true economic recovery. Hopefully in 2012 Ron Paul will be elected. Otherwise I believe we are economically and politically doomed!
transitionalphase 7 months ago 2
@transitionalphase not necessarily true. Thing would be considerably better if Ron Paul had been elected, but we would still have a Congress and Fed full of Keynesian hypocrites.
As president, Ron Paul can only do so much, but the national debt would be TRILLIONS less than it is right now because of less overseas spending.
hailholyghost 4 months ago
@kannanrad because there watching jersey shore .............sad
tonyteb 5 months ago
1. The money supply has been expanded this high before after the 80's crash and there was no hyperinflation.
2. When credit and equity lines are shut down that is a destruction of wealth, the money vanishes into thin air - the money being printed is a tiny fraction of what has been destroyed.
3. Weimar germany, argentina and zimbabwe did not use a modern credit market system - and furthermore did not have the worlds reserve currency.
jobe66 2 years ago
You have high hopes.
kannanrad 2 years ago
Your hubris is funny. Have you not heard? China, India, Russia, France the UNITED NATIONS and others are now stating that we need a new world reserve currency. Also, Gulf states(OPEC) are seriously considering the abolishment of using the greenbacks for oil trading. The dollar is becoming more worthless over time. NO COUNTRY has ever maintained a decent standard of living and certainly not remained a superpower when its currency has busted.
7Christian 2 years ago
This comment has received too many negative votes show
I think this is all propaganda, somebody here is trying to scare the US people, if US dollar goes to crap, all world goes to crap.
sebo2001 2 years ago
With all due respect, time will prove you wrong. Throughout history there has always been an economic and military superpower state. The US is not the first nor will it be the last.
qstendious 2 years ago 2
idiot
icemanroyal 2 years ago
We will see in a long run 50-100 years nobody really knows what Chinese will do, but now? America will be stronger and stronger; if you do not see this Im sorry. Stronger like: Americans will own\buy more property in US for others people\country money with super low interest, same applies to cars, electronic, and everything.
Where do we get money? We borrow from China, Saudi Arabia to buy stuff made there and then through inflation we will erase our debt.
sebo2001 2 years ago
Idea\Concept of Dubai was brilliant, lets built a super useless city in the middle of desert and charge them huge for it, then lets tell them it is so cool. Is it? I think it is stupid, same as giving an idiot a piece of shiny glass and saying it is a gem. I love bankers.
sebo2001 2 years ago
you are correct, as the dollar is the world reserve currency the world would be screwed. It will be at least 20 years before any suitable basket or replacement is in use according to ALL experts.
jobe66 2 years ago
US govt has cornered the market on gold. The gold reserves can be used to manipulate the price of gold.
LeBubba 2 years ago
so what now? what are we supposed to do?
fairyprincesss212 2 years ago
Pro or con comments welcome. Adult language will be removed.
pensacotti 2 years ago 6