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To: blam

I predicted this a long time ago: Government intends to inflate the debt away


2 posted on 04/23/2011 5:15:07 PM PDT by BenLurkin (This post is not a statement of fact. It is merely a personal opinion -- or humor -- or both)
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To: BenLurkin

No one doubts that the government intends to inflate the debt away at this point. It gets rid of the debt while pummeling the dollar and increasing the size of the government dependency class. It’s a win win for democrat and republican progressives who control Washington.

However, keep in mind that a significant amount of the demand for silver is as an industrial metal. Not as much as say, titanium or lithium, but on the order of 30%-40%. In a worldwide depression, this demand will dry up.

There’s a reason everyone knows what the term “the gold standard” means, and “the silver standard” isn’t even a term.


5 posted on 04/23/2011 5:18:29 PM PDT by Yet_Again
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To: BenLurkin

” Government intends to inflate the debt away “

Which is great for Government and the favored Bankers and Investors —

Not so much for us down here ‘in the weeds’ having to try to buy food and fuel and heat and light with increasingly worthless dollars....

(And you lucky few who still have a job, get a clue — your paycheck will NOT keep pace...)


13 posted on 04/23/2011 5:33:53 PM PDT by Uncle Ike (Rope is cheap, and there are lots of trees...)
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