Aug 17 - Chance of Fed Printing More Money Jumps to 60% |
| | ||||
| | ||||
| 08-19-2012, 02:26 PM | away - #21 | |
In fact, i dont even think you guys made it that far because these are very basic principles im talking about here Yall niccas running around talking about how bad inflation is, where are you seeing this inflation? Gas prices thes same as they were a year ago roughly House prices the same as they were a year ago computers and electronics get cheaper so out of all the stuff you buying, what is increasing in price so much to make you think inflation is runnign rampant? I could post the CPI numbers teh govt collects, which shows that inflation is 2% y/y roughly. . .thats where it should be. . .in fact id argue it should probably be higher I posted the BPP which is a collection of prices of everything you could think of and it shows inflation is 2% year over year and this is with the Fed expanding its balace sheet TREMENDOUSLY over the past few years Keep listening to these niccas like Ron Paul and Peter Schiff. . .they been predicting hyperinflation for like a year and a half now with soaring interest rates. Where is it? | ||
| |
| 08-19-2012, 02:37 PM | away - #22 |
| here's that genius Peter Schiff SCHIFF: You know, look, I know inflation is going to get worse in 2010. Whether it’s going to run out of control or it’s going to take until 2011 or 2012, but I know we’re going to have a major currency crisis coming soon. It’s going to dwarf the financial crisis and it’s going to send consumer prices absolutely ballistic, as well as interest rates and unemployment. PAYNE: And what does that mean? For people watching this show, what does that mean for the average American? SCHIFF: It means their life is going to get a lot more difficult. It means things that they need to buy, things like food and energy, are going to be much more expensive. Ultimately, interest rates are going to rise and their entire standard of living is going to plunge. Show me some evidence that ANY of this has taken place in the US interest rates are at RECORD lows Inflation is tame we getting close to the end of 2012. . .still nothing | |
| |
| 08-19-2012, 02:39 PM | away - #23 |
| in a couple months this economy is going to double dip. When that happens were !!ed. You cant keep printing money forever. Something is going to give. | |
| |
| 08-19-2012, 02:47 PM | away - #24 | |
well, the economy may fall back into recession but its got more to do with failure of fiscal policy than anything the fed is doing. Right now, theres enough tax cuts and benefits that are schedule to expire in January to push us back into recession Its such a massive amount that theres nothing the Fed can do And I agree you can print money forever. . .but you can print while the economy has as much slack as it does. When the economy gets back on its feet, the Fed will have to draw this money out of the economy | ||
| |
| 08-19-2012, 02:55 PM | away - #25 | |
Silver >>>> John F. Kennedy knew that. | ||
| |
| 08-19-2012, 03:35 PM | away - #26 | |
| ||
| |
| 08-21-2012, 11:09 AM | away - #27 |
| the fed is a evil regime thats been plotting the slow eventual decline of the middle clas ever since 1913...the fed creates these "recessions" just as an excuse to print money...when u think of it its bernanke and the rest of the fed that gets rich during these phony recessions | |
| |
| 08-21-2012, 11:11 AM | away - #28 |
| if the fed didnt interfere with gold the actual price would be 2 times what its worth | |
| |
| Thread Tools | |
| Display Modes | |
| |
| |||||||
| ||||||||||
| The Official Xbox Reveal Thread New reply 29 minutes ago - 1562 comments - by moe4484 | NBA (video) 22yr Old Kobe Bryant's #classic Playoff Game 4... New reply 2 hours ago - 64 comments - by lefthookright | |||||||||
| NBA The Offical Eastern Conference Finals Game Thread: (3)... New reply 50 minutes ago - 2263 comments - by Kobane | Url Night Of Main Events 3 Line-up Announced!!New reply 2 hours ago - 65 comments - by Zaosyn | |||||||||
| Backward Compatibility Is 'backwards' Thinking, Says M... New reply 56 minutes ago - 73 comments - by Jesszman | New reply 2 hours ago - 74 comments - by FRESCO THE 13TH | |||||||||
| New reply 2 hours ago - 67 comments - by SM | New reply 2 hours ago - 80 comments - by djyouknow | |||||||||
| Join us on Facebook. Check out the BX fan page and hit the Like button. | Follow BX on Twitter to get instant hot topic alerts. | Enter your email address below and receive a daily hot topic newsletter. |
| 5,314 fans of BX | none new today | 4,292 following and 1 new today |