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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: goldworldnet who wrote (314474)7/13/2009 10:51:25 PM
From: KLP2 Recommendations  Read Replies (1) | Respond to of 793921
 
Re Inflation: It would seem that we currently have a Deficit right now of $1 TRILLION dollars and heard tonight that by the end of the year it will be $1.6 TRILLION....

This has NEVER happened in the history of the US.....

There will be NO way we will pay this amount of money off in our lifetime....just the interest alone on this amount is over $400 BILLION a year....(numbers Lindsay Graham rattled off on Greta's show tonight)

Inflation will follow for sure. Remember the Carter years of interest ates over 21%????

How in the heck can anyone protect themselves from this idiocy?