Economics Study Group

[zplz]

The connection they're missing is that there is a difference between inflation/deflation of the ECONOMY and inflation/deflation of the MONEY SUPPLY.

The government's debt puts a massive deflationary force on the ECONOMY (not the money supply). The government's response to this is to inflate the economy, which they do by lowering interest rates, which inflates the currency at the same time.

[longtermwealth]

has anyone heard of the Amero? the proposed idea of unifying the U.S.dollar,candaian dollar,and the mexican peso? I wonder what Robert`s thoughts are on that? any one interested should google "Zeitgeist"

[MRSketch09]

I was sitting here listening, to Robert talking about "What does it mean to shelter, food, the dollar"Computer speakers turned full blast, deep in thought and that music kicked in ,almost made me jump out of my seat.

Anyways, info that makes you think.

Thanks for sharing Darth Seif.

[rist98]

yeah the music is annoying...

[buyacircle]

the big asian guy is his bodyguard

[LetFreedomRlng]

With a ridiculous debt that we have, we need more growth and less spending by the government.  Lowering taxes will stimulate growth...

This is why we need Ron Paul for President. Bring home the troops and reduce taxes!!!

Ron Paul 2008!!!!

[qualqui]

Awesome vid! very interestin', will be stay tuned for part II! Thanx DarthSeif for sharin'!

[ladyemmies]

His point is that we are spending $800 billion more each year than we actually take home. Which just increases our debit. Congress just increased the debit level to almost $10 trillon!! And if we try to pay off our debit, say to china, with just more "printed" money, then who is going to take that? And when no one is willing to take your money we will enter a deflationary time. For then you will see a contraction in foreign investment/spending and personal investment/spending.

[gustavonarez]

If US has a 800 billion USD deficit that means that there are LESS money in the US market, meaning that each dollar would have more value. This is way it is a deflationary pressure: you would need less dollars to buy the same product, so the prices would go down. R. Kiyosaky makes a mistake, deficit doesn't mean they are importing more money, it is that they are exporting more money.