Glenn Beck talks about inflation of food prices November 4th

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[Silver1Up]

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[onepiecefan74]

@ebaumsdidit in a free natural economy these occurrences are natural and not a big deal. the government does not generally deflate there currency however they do inflate it often to pay off their debt and for programs they otherwise couldn't. That's why gas, food, and gold are so expensive.

[onepiecefan74]

@ebaumsdidit your coming from the Keynesian economic view point. If you read misses or Rothbar (Austrian economics) you will have a different view. Inflation wipes out peoples savings. People save a hundred dollars but through huge inflation that hundred might only be able to by what 60 would have before the inflation.

[ebaumsdidit]

Inflation happens all the time, Beck. It's part of a healthy economy, and anyone who has taken even one class in economics will know that if you have low inflation, you will have high unemployment and vice versa. If you don't have inflation at all (deflation), not only do you have to deal with high unemployment but also with businesses not being able to make a profit (buy for more dollars, sell for less the next month?), and with debts being harder to pay off. Stop complaining about the norm.

[TIKIMAN198]

Glenn Beck has the guts to inform the American people about REAL issues in the world. Other news networks just talk about BS but Beck actually is smart and talks about the issues. Fuck you MSNBC

[TheGlennBeckReview]

It's worse than that Frankie; Beck is misleading about food and energy prices in the CPI. Google the Glenn Beck Review for a take down of this clown and share that info with friends and family before Beck's minions get to them first.

[frankiedetorie]

'The world order they are creating'

WTF is this guy on about. This is just simple supply and demand. There is no conspiracy. Why does Glen Beck btw think he should pay less for food than developing countries. Standard American elitism.