Rick Santelli: Deflation Issue Is A Drip In The Basement

[Clarissa2424]

Larry Kudlow has always been wrong..1 year later he is wrong again. We are still in deflation and gold is declining, as well as commodities, real estate, oil and stocks will plummet very quickly. Get into Treasury bills.

[JediKnifeTricks]

@Clarissa2424 Gold is declining?

[AntiVenomFangX]

@Clarissa2424

4 months later...... what would you say?

[kckmkq]

@Clarissa2424 I hope you keep buying paper. I'll stick to Gold and Silver. Best

[lordhighexecutioner]

The value of the currency is irrelevant. Who cares? You'd throw half the people into unemployment so you can boast to having a valuable currency? What insanity. Money is just a token. Who cares. Its purpose is to have employment and production. Those are the real goals of a sane administration but clearly the right wingers are not sane.

[Mattessj]

the birthplace of the federal reserve act

[funk03]

Liesman looks like Charlie Brown

[MrDarwind]

Jekyll Island! ha ha. Returning to the scene of the crime. Unreal. Just watch David Walker comptroller general. Who is gonna eventually pay for all of this? The dollar will pay because no one will raise taxes or interest rates.

[herbs814]

"Will the Fed now, or EVER in our lifetime, protect the value of our currency?"

"Why should they start now?"

Well said.

[AntiVenomFangX]

@herbs814

do you know why everybody buys chinese goods?

[herbs814]

The war on recession was promoted on faulty premises. We need an exit strategy to get us out of the war on recession.

[BATCH420]

They WOULD go to Jekyll Island.... bastards..

[libertyeconomics]

Yes. Isn't that something that they are back on the same exact island where the original idea to create the Federal Reserve was concocted in 1910? Remarkable.

[croemar]

USA, nice banana republic

[libertyeconomics]

Liesman gets it so wrong. The regime is so bankrupt, IT CAN'T FUNCTION WITHOUT INFLATION. They actually DON'T WANT US TO THINK THERE WILL BE INFLATION. LIESMAN GETS IT BACKWARDS.

[madhuradi]

New rules of a game rigged by the playmaker

Playing poker with playmaker is no play at all.

they can do anything! change all the rules they have been enforcing others strictly!

China is the one looking for an exit strategy "very intensely" Mr Liesman!

My prediction : CNBC will be bad mouthing all these people in 2010 for short sighted policies and Mr Liesman will be lauded and appreciated by his colleagues for being so right about everything!

the gall of these guys at CNBC! bad for my stomach

[Clarissa2424]

@libertyeconomics Deflation is here, just like Leisman said.

But, don't be disappointed - Inflation will come AFTER the deflation.

[itsoktoaskaquestion]

How hard for Liesman to keep a straight face when telling Santelli and Kudlow they are tools of the Goverment, as he sips his cool-aid on Jekyl Island!