To: TigerLikesRooster
I just wonder, once the inflation really hits us, if Washington will admit that the government printed all the money that created it. Or, like in the '70s, will they blame greedy businesses and make us all wear "Whip Inflation Now" buttons?
I've got a feeling it'll be the latter.
5 posted on
01/08/2011 4:13:04 AM PST by
BfloGuy
(It is not from the benevolence of the butcher, the brewer, or the baker, that we can expect . . .)
To: BfloGuy
Deflation is the real concern, not inflation.
Credit contraction dwarfs printing and when fewer folks can get loans, cash becomes king as in the 1930’s.
Those with cash will be able to buy businesses, land, buildings, homes, etc for 50 cents or less on the dollar
Get ready
To: BfloGuy
...make us all wear "Whip Inflation Now" buttons? The morning after that speech there were a LOT of buttons being worn on the floors of the NYSE and the AMEX.......but instead of saying "WIN", they read "LOSE"
7 posted on
01/08/2011 6:11:47 AM PST by
Roccus
To: BfloGuy
9 posted on
01/08/2011 6:35:08 AM PST by
Diana in Wisconsin
(I don't have 'hobbies.' I'm developing a robust post-Apocalyptic skill set.)
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