Quien es mas creíble Bernanke, Bullard o Madoff?

Schiff Report video blog March 1st 2011
http://www.schiffradio.com/
Clarification: The choice for foreign central banks was between "exchange rate stability and price stability" They chose exchange rate stability"

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[zzzzzz522002]

6 people disliked this video are

John Maynard Keynes, Alan Greenspan, Ben Bernanke, Paul Krugman, Christopher Dodd, Barack Obama,

[REOGURU]

6 people who viewed this video work for Bernanke.

[TWSceptic]

@zzzzzz522002 + Austan Goolsbee & Christina Romer.

[ytgv3fc7]

@zhongguohua88 the cost of living includes all transportation & all health care. I doubt it adds up the way you say it does. China will consume its own goods eventually, but it's up to them to figure out if that will balance out vs population. There's no way for cost of living to go DOWN in North America. A good hope is refusing all paper money forever to resist inflation which never should be there. Time will tell if it is enough or if we can overthrow the money-printing slavers.

[zhongguohua88]

@ytgv3fc7 The cost of living in China is also much lower than in the USA. Most migrants working in big cities make more than enough to pay for basic food and shelter and send extra money to their families in rural China. The Chinese also save a large portion of their income, even if this income is low, rather than buying things they can't afford with borrowed money. When China decides to unpeg it's currency from the USD all these savings will be worth more and China will consume its own goods.

[bkdmd]

@wunderbeast

Why take the money out of that account?  Why not by SLV?

[stratcatavarious]

Get a magic 8 ball

See my channel

Prepare



[BailedOut2008]

@GabrielKoulikov  Sadly I think you are correct!

[wunderbeast]

i have a question for all of you. do you think it's wise or stupid to take out IRA money and use that money to buy physical silver? i figure by the time i retire (in like 30 years...), $25,000 in dollar denominations won't mean anything anyway. wouldn't it be better to just convert that to real assets now? thanks!