enter the fray: our reader discussion forum
Search in:
Advanced
View:FlatThreaded
How High Will Inflation Go? 50%? 60%?
by Placebo
-4 Reply
Since january 2009 Ă˜bama has printed 120% more currency. For every dollar of "real" money floating in the system there is $1.20 of worthess paper also floating in that same system. Early on during his failed administration, The National Hemorrhoid...Jimmy Carter, printed 13% more currency. 13 cents "play money" for every US dollar.Two years later inflation was 20%. That was a nothing compared to what's coming this time. Gold will be 2 thousand dollars/ounce,...maybe 3 thousand dollars.
Probably 10,000%
by WorldlyMrB
And dems will call it economic growth.
Re: How High Will Inflation Go? 50%? 60%?
by iwasme

what are you going to do with that expensive gold? eat it or buy inflated dollars.

your so ignorant your silly.

gold is a haven placebo. its just yellow metal.

Re: How hyperbolic will Placebo get?
by kunigunda

Hopefully the MF blows an artery or two.

The entire premise that printing money = hyperinflation is bullshit.

Neither the demand in excess of supply nor the cost-push theory are operating in the current environement.

"An increase in the quantity of money in circulation relative to the ability of the economy to supply leads to increased demand, thereby fuelling prices."

"The Cost Push theory, on the other hand, states that inflation occurs when the cost of producing rises and the increase is passed on to consumers."

EconomyWatch.com

A'int happenin' folks. Placebo is a fucking moran.

View as RSS news feed in XML