Posted on 03/09/2011 12:27:54 PM PST by gregd0180
I get the feeling that you are correct. It gives me a sinking feeling. Thanks much for your insight.
http://www.washingtontimes.com/news/2011/mar/10/utah-legislature-goes-gold-silver-legal-tender/
yeah all that gold and silver hedging against the dollar is just nuts...LOL
There is no plan, my friend. You think Obama has a plan other than borrow, spend, and redistribute until he can't borrow anymore? That is his plan, it is on video from a 60 Minutes video, plain as day.
Geitner? He can't even figure out his own taxes. He is in so far over his head he is drowning.
Bernacke? He is bailing a ten gallon hole with a one gallon bucket. How long do you think he can keep the ship afloat?
Half the people in the country don't know the government is broke. Half of the elected representatives don't get it. Despite the fact that the US has to borrow $1.4 trillion a year to keep the government running.
Good question ich, the answer is yes, inflation and deflation can be experienced at the same time in different sectors. Food and energy sectors are experiencing inflation right now. Real estate, durable goods, and labor are experiencing deflation.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.