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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 395.890.0%Dec 16 4:00 PM EST

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To: TobagoJack who wrote (44967)1/7/2009 10:35:41 PM
From: carranza2  Read Replies (2) of 218536
 
The official teams are indeed scary though it appears that Obama knows a few previously unmentionables which he is now putting on front burner, PR-wise perhaps, like social Security and medicare.

His plan is to expend lots of his political capital early on. God help him.

Logic-test this with me: Inflation, check; bad inflation, check; borrow to the prudent limit - why not if paying in inflated currency? Buy $1 worth of asset, pay with discounted and depreciated currency.

Seems ....prudent?
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