To: Navy Patriot
Unless the Obama is willing to kill creditors and confiscate wealth at gunpoint - literally - the only option is hyperinflation.
22 posted on
08/07/2011 10:24:16 AM PDT by
ctdonath2
($1 meals: http://abuckaplate.blogspot.com/)
To: ctdonath2
Unless the Obama is willing to kill creditors and confiscate wealth at gunpoint - literally - the only option is hyperinflation. Let's do both, it's faster that way.
You do realize the dozen or more socialist historical precedents that exist, costing hundreds of millions of human lives?
Oh, right, "it can't happen here".
27 posted on
08/07/2011 10:37:33 AM PDT by
Navy Patriot
(Holy flippin' crap, Sarah rocks the world!)
To: ctdonath2
Unless the Obama is willing to kill creditors and confiscate wealth at gunpoint - literally - the only option is hyperinflation. They would love a strong bout of inflation and they are trying hard to ignite it - but they are having a terribly difficult time doing so. The massive deflationary trend sparked by the collapse of the credit bubble is overwhelming their efforts, and destined to make repayment of all that debt even more expensive.
34 posted on
08/07/2011 10:49:30 AM PDT by
Mr. Jeeves
( "The right to offend is far more important than any right not to be offended." - Rowan Atkinson)
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