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Peter Schiff - The Case For Inflation

Posted on 09/12/2009 5:20:55 AM PDT by 4rcane

http://www.youtube.com/watch?v=oSrjgqG4g40&feature=sub


TOPICS: News/Current Events
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1 posted on 09/12/2009 5:20:56 AM PDT by 4rcane
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To: 4rcane

http://www.youtube.com/watch?v=oSrjgqG4g40&feature=sub


2 posted on 09/12/2009 5:21:11 AM PDT by 4rcane
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To: sauropod

mark


3 posted on 09/12/2009 5:25:55 AM PDT by sauropod (People who do things are people that get things done.)
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To: 4rcane

I have always felt that inflation was planned since Bush. It would artificially increase home values to cover the crappy loans. People would no longer owe more than their house is worth.


4 posted on 09/12/2009 5:48:52 AM PDT by nicolezmomma
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To: nicolezmomma

Exactly.

It also makes the banks appear solvent.

All those variable rate loans though get real ugly.


5 posted on 09/12/2009 5:55:13 AM PDT by DB
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To: nicolezmomma

I have always felt that inflation was planned since Bush.


And I still haven’t ruled out both parties being actually ONE.

It’s audio like this that makes my mind shift to the fringe. If this is true, how could NOBODY except Ron Paul and a few seem to see this coming? Oh no, we can just spend and spend and print more and more money.


6 posted on 09/12/2009 6:11:59 AM PDT by CommieCutter (http://www.pbs.org/wgbh/nova/programs/ht/qt/3013_08.html)
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To: CommieCutter

Both parties are the same on some key issues. Didn’t you ever wonder why neither party runs a pres candidate against illegal immigration even though a huge majority of voters are against illegal immigration?


7 posted on 09/12/2009 6:38:31 AM PDT by American Silver Eagle
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To: American Silver Eagle

Yeah, that’s another good example. I can see why if there is going to be a worker shortage of about 30 million thanks to abortion. Of course now, there won’t be a shortage if there’s no economy to support assumed workers.


8 posted on 09/12/2009 6:46:50 AM PDT by CommieCutter (http://www.pbs.org/wgbh/nova/programs/ht/qt/3013_08.html)
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To: CommieCutter

Illegal aliens are a huge drain on taxpayers. Most Americans want them out but neither party does anything other than talk about giving them amnesty.


9 posted on 09/12/2009 7:14:17 AM PDT by American Silver Eagle
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To: 4rcane

I always have to give a sad little laugh when the MSM carries on with their Ministry of Current Truth approved narrative that the recession is over and all will soon be well. You can’t monetize close to a trillion dollars in debt (more if Obama gets his way, much more) and expect that once that new money gets to circulating in the markets that it won’t tank the value of all the money. The only step they will have to try and stave off the inflation is to curb people’s spending of that money with higher taxes and higher interest rates. And there is the rub. China bought the debt because their economy is dependent on us forever increasing the rate at which he consume what they are producing. But higher taxes/interest rates will sharply drop that consumption at a time when they are already hosting huge losses on the American debt they hold because the value the bills were bought at was significantly higher than the value they could -potentially- be paid back at.


10 posted on 09/12/2009 7:48:40 AM PDT by TheVitaminPress
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To: CommieCutter

Bingo...

You nailed on the head. Both parties are one big party, or you can just call it an oligarchy. That is why we keep getting hosed.

I use to think Ron Paul was nuts, but the more I listen to him I think he is dead on. I am very disappointed with the Republican party. Its as if they have abandoned the US Constitution and the bill of rights.

There are still a few good Republicans, but sad to say most are not. Our Republic is in deep trouble. God help us! And that is probably why we are in trouble because we have left God. Just my two cents.


11 posted on 09/12/2009 7:50:33 AM PDT by Sprite518
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http://www.youtube.com/watch?v=eksf2ScG6yU&feature=sub
full 50 mins of the interview


12 posted on 09/12/2009 9:45:29 AM PDT by 4rcane
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