[Tublecane]

“Liberal Cramer on CNBC says Obama needs to create inflation to start another boom.”

Of course. That’s what we’ve been doing all along, replacing old speculative bubbles and (”clusters of error”) with new speculative bubbles. How could it fail?

What’s that you say? It’s failed a million times already in human history? Well, be that as it may, we can’t just do nothing? What’s that you say? Yes we can? Okay.

[sickoflibs]

It's funny to follow Peter Schiff and then watch someone like Cramer with these theories that look so stupid now (GWB defenders claim the GWB boom would have continued forever if not for subprime loans.) . Cramer also told his audience to run out and buy houses to fuel the inflation he desires.

Schiff and Jim Rogers say American is done and Asia is the next powerhouse, future of finance. Wish I had a Crystal ball to know who is right now(will we have inflation, or delation?). I also wish I followed Schiffs advice and sold my stocks in 2007. Something told me he was right and the others were wrong when I saw him briefly on Cavutobut I lacked confidence.