Thirty Years of Inflation Coming

[clever786]

these guys do anything anti-gov n get air time to spit their nonsense.. no one can predict 30 yrs ahead... in 2010 he's speaking deflation.contradiction.. wonder why is he X-Goldman..did he quit or got let go off?

[SuperCulloden]

Continued....

In less than a single generation, the greatest transfer of wealth in all of human history has taken place.

Sixty years ago, America was the World's largest lender, today it is standing with a beggars bowl mooching China's spare change.

This was all caused by American "manufacturers" setting up factories abroad to take advantage of slave-like wages there. It mattered not an iota to them that they were killing America, just as long as they were making fortunes for themselves.

[appledapathy]

@SuperCulloden That is not true that is straight propaganda! The reason they have moved their businesses to other countries is because the tax laws and regulations on business in America. The Republicans and Democrats create anti business laws which destroyed our manufacturing industry.

[SuperCulloden]

500 characters limit what can be expressed.

The much vaunted J.F.K in 1960 opened the door to imports at the behest of so-called American businessmen.

At first, it was barely noticeable being limited to six percent of all manufactured goods sold in the U.S.A.

With each succeeding president, that import door was opened just a little wider: eventually it was removed from its hinges and thrown away, much to the great delight of countries such as Japan and China.. also the peddlers such as Walmart.

[SuperCulloden]

When looking back at the facts, IN PRINT, of America's prosperity during the 1950s, it beggars belief that it was all thrown away by a relatively few greedy individuals making millions, or even billions for themselves by setting up factories in other lands to take advantage of the low, low wages and the almost non existent U.S. Import Tax.

In the 1950s there was full employment, because EVERYTHING was manufactured here.

When was the last time anyone has seen a "Made in the U.S.A." tag or label?

[AIMFILMGROUP]

Turns out he was off a bit, commodities have only risen since then.

[SuperCulloden]

Virtually NOTHING is manufactured in the United States and the "brains" supposedly running the Country are puzzled at the high unemployment numbers.

The Walmart type people never having worked a day in their lives and all the while living on government handouts. Such as they cannot support an economy buying merchandise made first in Japan, and now China.

So you TALKING HEADS.. America needs to be put back to work and all OUR problems will vanish. Let the rest of the world take care of itself.

[rjky1986]

@SuperCulloden Exactly. And perhaps if this government would lift all of the excessive regulations, the overtaxation [on ones receiving it at least], give business incentives for the companies who create jobs here in the States, and if certain unions would ease up on their demands, maybe we would have more jobs being created here. But I believe they are going to wait till everything falls apart before they finally turn their economic policies around.

[rjky1986]

@SuperCulloden and I didn't literally mean "all" regulations, I just meant many of the ones that are excessive and are only serving to hinder business growth and expansion and job growth. There has to be some that are causing this.

[SuperCulloden]

Now I know what is meant by talking heads..............

The ONLY salvation for the United States is, to have it's Industrial base restored.

In the 1950s when factory workers were laid off , it was just a matter of time until the inventories were reduced and then they were called back.

The much vaunted JFK opened the door to manufactured exports; first it was limited to six percent, each succeeding President opened the door wider and wider until it was removed from its hinges.

Today there is....

[AllTheSame711]

lol oil is about to hit 90$

[razerfish]

30 years would be a reprieve. As long as you have a national bank and no strict gold standard, you'll have inflation for as long as those conditions exist.

[supersimpson2001]

lol he tosses a lot of vague statements out there... bound to be right ... especially about inflation given the smoke from the printing press that i can see from my house

[OppPaul]

I agree with you jbeyer...this guy's

an idiot.

[cocco726]

@OppPaul i'm absolutely agree with you.

[silvietta729]

@cocco726 hello 

[golfprobro4eagles]

How dumb are you he said it was a scare then inflation.

[draadjesvlees]

Kewl. Just the other day on Dutch radio he said DEFLATION is coming in early 2010. He's retarded :-)

[jbeyer]

A cointoss is more productive than listening to this guy. He is wrong more than he is right. His call on the dollar strengthening (made in this clip on Jun 22, 2009) was dead wrong. I can't believe networks actually have this guy come on their shows.

[sliqer]

Noone can speculate 30 years in the future.

[gvarhelyi]

People can speculate 30 years into the future but very very few people can accurately predict the future. And if someone gets it right it's by mere chance.

[imigrantpunk]

great vid. it seems that the guy is onto something.

[unworldlything]

what a non-sense...

30 years of inflation? hahahaha~

We just had massive inflation since 1913.

Dollar got cut 95%..... hahahahaha

[689362003]

@unworldlything if they save the dollar again inflation will continue

[kessass83]

@unworldlything

I would predict that US currency will increase even infinitely into the future

But I would predict that dollar will hyper inflate somewhere in the nearer future even less than 10 years

So after that the dollar will be replaced new currency.

Then if the new currency will be international currency it will repeat this motion from my first sentence.

I would change my prediction if new currency will be backed by some hard asset (gold, silver, diamond).