were not seeing inflatoin yet because that money is sitting in banks as reserves. if those banks start to let that money go we're going to have double digit inflation. if the fed doesn't start selling bonds its only a matter of time...
America is just a larger and bigger dinosaur than is Zimbabwe - the reserve currency status will drop like a stone and bonds will be trashed by the Chinese and Arabs etc - and because America has more enemies than Zimbabwe they will do everything to make it worse ie Bin Laden with 911 and Iraq and Afghnaistan and Russia and China and Arabs and Argentina and N Korea - get the fuck out of the $ and the USA NOW
And it will be a GLOBAL economic crash. At that point, expect governments to become totalitarian in order to ensure their "continuity"...in the absence of money the government infrastructure will fail; and we'll see what life would be like without them. At that point, we'll see what the Founding Fathers intended for America; freedom and liberty. Yes it will be hard, but people will naturally band together to get through hard times.
Well i actually dont espect places like China or Russia to be as bad as places like America. Hopefully Ireland votes no to the Lisbon treaty when it comes round again and that should slow things down.
Plus Oz, NZ are looking better and South America is but not by loads.
100 -300 billion a month baby , check out Fed website that is more than entire yearly M2 of 70 ies LOL My feeling it is going to be much worse than Zimbabwe
were not seeing inflatoin yet because that money is sitting in banks as reserves. if those banks start to let that money go we're going to have double digit inflation. if the fed doesn't start selling bonds its only a matter of time...
Welsh77 7 months ago
art laffer lol. now singing a different tune... that sonofabitch
balbahut0g 11 months ago
get rid of money and start thinking about the reality of the venus project !
rob5linx 1 year ago
Makes me a bit angry when art laffer trys to add his penny that he really owes to peter shiff! Agreed?? Thumbs up??
leone20012 1 year ago
Listen to:
Faber, Celente, Kaiser, Paul, Schiff, Chapman!
Its all over soon!
Get ready for the total collapse of the GLOBAL FINANCIAL SYSTEM!
DeathOfTheDollar dot com
DeathOfTheDollar2010 1 year ago
LOL.
The " Zimbabwe School of Economics" is a term I've been using for a long time.
JohnRinNoHo 1 year ago
America is just a larger and bigger dinosaur than is Zimbabwe - the reserve currency status will drop like a stone and bonds will be trashed by the Chinese and Arabs etc - and because America has more enemies than Zimbabwe they will do everything to make it worse ie Bin Laden with 911 and Iraq and Afghnaistan and Russia and China and Arabs and Argentina and N Korea - get the fuck out of the $ and the USA NOW
salahuddin786 2 years ago 2
The only way to combat this craziness is with gold, silver and other commodities. Buy now while they are cheap.
prescottbill 2 years ago 8
This is the calm before the storm people. Were gonna start seeing a crash coming.
NicosMind 2 years ago 7
And it will be a GLOBAL economic crash. At that point, expect governments to become totalitarian in order to ensure their "continuity"...in the absence of money the government infrastructure will fail; and we'll see what life would be like without them. At that point, we'll see what the Founding Fathers intended for America; freedom and liberty. Yes it will be hard, but people will naturally band together to get through hard times.
silverhawks 2 years ago
Well i actually dont espect places like China or Russia to be as bad as places like America. Hopefully Ireland votes no to the Lisbon treaty when it comes round again and that should slow things down.
Plus Oz, NZ are looking better and South America is but not by loads.
NicosMind 2 years ago
Great compilation of different commentators talking about the coming tsunami of inflation.
stagflation2010 2 years ago 4
100 -300 billion a month baby , check out Fed website that is more than entire yearly M2 of 70 ies LOL My feeling it is going to be much worse than Zimbabwe
AntiBullS 2 years ago