SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gib Bogle who wrote (105014)9/11/2009 8:00:16 PM
From: RJA_3 Recommendations  Read Replies (1) of 110194
 
>>You have claimed that Obama is trying to destroy the middle class. This to me is a silly statement. I am not an Obama apologist, I just hate to see ridiculous and false statements go unchallenged.

Obama may or may not want to destroy the middle class. Its hard to know what someone wants, unless you are inside their head or they flat out tell you what they want.

However, his policies, as carried out by his appointed Treasury Secretary and appointed head of the Fed have already resulted in massive inflation of the money supply... which IMHO cant help but result in inflation of prices (at some point).



Source: Nowandfutures.com.

Inflation in prices to the degree of money supply expansion to date would go along way to destroying the savings of the middle class, unless they have prepared for it.

IMHO, most have not.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News