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To: Southack

Schiff is right — I’ve read other article, don’t have time to find them.

Massive spending and deficit will result in the Fed printing more and more money, check out Glen Beck’s site, he has a graph on how the money supply is increasing drastically, which will inevitably lead to a weak dollar and huge inflation.


8 posted on 02/06/2009 9:24:14 AM PST by FocusNexus ("Good and evil are present in this world, and between the two there can be no compromise." GW Bush)
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To: FocusNexus

Schiff is a mental midget. He doesn’t even begin to grasp why Japan saw 27% deflation from 1998 through the end of 2008. Schiff stutters when asked to explain why Japan saw 6% deflation in the single year of 2003 where Japan printed an extra $53 Trillion Yen.

Not everyone on this planet understands the credit markets...a fatal flaw for anyone attempting to explain credit-based fiat economies without mentioning the destruction of credit availability.


16 posted on 02/06/2009 9:40:13 AM PST by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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