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To: Lizzie Tudor who wrote (162869)11/8/2008 12:56:21 PM
From: Elroy JetsonRead Replies (3) | Respond to of 306849
 
I'll believe inflation when I see it.

We've seen roughly $50 to $60 trillion in debt/assets vaporized globally, and governments around the world have created roughly $6 trillion in various programs to deal with this problem. That math doesn't add up to inflation without the addition of a magical ingredient.
.



To: Lizzie Tudor who wrote (162869)11/8/2008 2:32:22 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
Hyperinflation if politically the easier way out. Print like hell, fudge the numbers a bit, tell the sheeple it's raining as they're getting their golden shower. They're used to it after 20 years of this nonsense, hedonically-massaged numbers from the BLS and the Department of Commerce. It's clearly the way things are headed.

I do not advocate this (quite the opposite). But that's where we're headed.



To: Lizzie Tudor who wrote (162869)11/8/2008 11:41:51 PM
From: John ChenRespond to of 306849
 
" Obama is forced into massive debt spending and that is inflationary, don't you think?".

Not if Obama is willing to go to the shrine and beg for
money from those Gods of money makers.

There are plenty of money out there to do the things needed.

Without their ( the Gods of money makers ) help, yeah, you're
right, it's hellish inflation.