money supply confirming Peter Schiff

Hey this how money got out of hand over the past ten years

his video highlights, how money has been created. PeterSchiff
economy
economic collapse crash gold silver oil bubble doom inflation depression recession rogersfaber ronpaul benbernanke eurodollar HangSang NYSE nasdaq currency crisis stagflation commodities

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[AntixSchiTTxreport]

@AntiSchiff do u even know what the federal reserve is doin and how ur banking sectors works? who do u think is buyin the america bonds come on man, its not rocket science

[AntixSchiTTxreport]

@AntiSchiff I got thinkin about this for some reason and decided to respond what ever book u read about argentina clearly doesnt show the impacts their crisis had, on unemployment inflation and the overall state of the argentina economy. Deflation really ? do u even understand deflation, versus dollar value deflation, this would be catasprohic for america who imports over 70% of all goods thats mean these things will cost more and indiviudals wont be able to afford them

[clawtheunconquered]

@AntiSchiff first thing about money? inflation is when the money supply increases faster than the resource... that's how the housing bubble "inflated." it doesn't have anything to do with the conveniently revised CPI.

[AntixSchiTTxreport]

@AntiSchiff ur not getting the point the way they calculate inflation today is not the same way they calculated inflation in the 1980s in the 1980s inflation was based on a basket of goods having quantities and qualities fixed were as today its based on quality of goods and substitution. hence no indication for the federal reserve not knowing what was happening in the economy leading up to 2008

[clawtheunconquered]

@AntiSchiff he's probably talking about how the CPI conveniently changed it's method with the 90s boom. if we went by the old method, America's worse now, unemployment and inflation wise, than the late 70s. so how was he wrong?

[AntiSchiff]

@AntixSchiTTxreport

The government, idiot? I haven't cited one government number, dumbass.

"Open-minded" to you means considering stupid, ignorant, conspiracy theories that only people who don't know the first thing about money would believe. I know you don't make money in the markets.

Of course, you don't address why most commodity prices are still below pre-crisis levels, despite all the QE. It's because you have no answer. It doesn't fit your claims.

What a joke

[AntixSchiTTxreport]

@AntiSchiff see I cant even talk to u anymore why? becuz ur so narrow minded and to stubborn most likely becuz ur brain capacity is unable to handle more information but u believe to much in what the government tells u, I feel sorry for you, I hope u can figure this out one day

[clawtheunconquered]

@AntiSchiff lol. did you rip all those terms from the same article on government job creation?

[AntiSchiff]

@AntixSchiTTxreport

And you mention Argentina? That shows you don't know the first thing about, well anything. Argentina had a currency board and was pegged to the dollar.  As the dollar rose under Clinton, it squeezed their exports and raised the real value of their debt, while creating crushing deflation and economic contraction. They've been fine ever since the bank run after they devalued their currency.

You've never even read about Argentina, have you? lmao

[AntiSchiff]

@AntixSchiTTxreport

So, since you think you can judge US credit worthiness, precisely how much debt can the US afford, given your GDP forecasts going forward?

The average American family has a mortgage at 3x+ income, car loans, student loans, credit cards, etc., and the vast majority have remained more than solvent for many decades. The US government's gross debt is only about 100% of income(GDP), and the government can raise taxes and create new money. Families can't.