Posted on 06/23/2011 5:11:51 AM PDT by 2ndDivisionVet
Ruh-roh, Riggy!
So was Peter Schiff, Jim Rogers and Marc Faber all who predicted this in early 2009 in writing and videos(posted here at FR BTW) long before Palin talked about it.
Yawn. Those rates are tame.
http://www.usinflationcalculator.com/inflation/historical-inflation-rates/
I forget, Glenn Beck was on this too but mostly later in 2009.
How much of that is apples and oranges? Somewhere in that history the government took commodity prices like food and fuel out of the calculations.
So were most FReepers.
You ain’t seen nuthin’ yet!
LLS
Are any of those mentioned viable candidates for the Republican nomination for president? Gov. Palin is. Did President Reagan come up with all his own ideas or did he have advisors? Having worked with him, I know the answer.
Thoughts?
Sure, at what point do we pronounce Globalism’s demise?
Why would a banker loan money to a business this administration might put out of business in a few years??
None of whom were pols from our side we’d be looking to for political leadership—or considering electing president in 2012.
-——Now that inflation has gotten started, it may be hard to stop ——
That sentence indicates the author has no clue. He doesn’t understand at all what is unfolding before his eyes.
There is no intention or desire or policy to stop inflation. Inflation is the desired goal. The intent of the various players is to manage inflation, not to stop it.
The combination of compounded inflation and resulting compounded marginal revenue increase will over time eliminate the debt. The process is actually the only way the debt can be eliminated. The whole world knows it too, and the process is pretty much universal.
To stabilize the debt, the deficits must be reduced to 0. The Republicans are attempting to do that now.
IIRC, food and fuel ARE including in core inflation figures, but not in CPI.
radioone wrote:
"They're not expanding or adding to their workforce because there's just too much uncertainty created by a lot of big government experiments that aren't working."
Why would a banker loan money to a business this administration might put out of business in a few years??
Further, why would anyone contemplating expanding a potentially "favored" business borrow from a banker today, pay interest and be obligated to pay it back later, when they might be able to collect a government give-away next month or next year. Even for businesses that might be able to expand, there's the question of timing. Better to do it on the taxpayer dime, if you're willing to wait for that gravy train to get to your station.
“How much of that is apples and oranges? Somewhere in that history the government took commodity prices like food and fuel out of the calculations.”
http://www.economicpolicyjournal.com/2011/06/shadow-stats-price-inflation-at-112.html
Viable? You mean with a write-in vote? Things seem much more quiet on that front compared to a few weeks ago.
I notice Rick Perry's name seems to be popping up in these Palin posts since the bus headed back to Alaska. Not sure what to make of that so far.
Are you able to read? Her bus tour is in hiatus so she can perform jury duty! How did you miss that story?!
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