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The Basement
hyper inflation in the USA?
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<blockquote data-quote="John Halliburton" data-source="post: 23933" data-attributes="member: 8"><p>Re: Who's pulling who's wheight?</p><p></p><p>Wasn't paying attention to this thread, then I got home after mixing a panel discussion on the Irish economic situation(a lot of which is mirrored in the U.S., and is also tied to French and German banks holding their debt), which featured Peter Schiff as one of the panelists. Then Mr. Schiff gave a talk with Q&A for an hour after that. </p><p></p><p>An engaging speaker with a book to sell, he can't deny that, but a couple of his major hammering points are valid, especially the way the Fed is now just into a vicious cycle of printing more money-the nasty situation that the taxpayer is getting robbed wholesale to pay for gov't spending, and the possible/inevitable second crash to the ecomony the politicians don't care about.</p><p></p><p>Only time will tell. Hopefully they'll correct the destructive path before it's too late.</p><p></p><p>John</p></blockquote><p></p>
[QUOTE="John Halliburton, post: 23933, member: 8"] Re: Who's pulling who's wheight? Wasn't paying attention to this thread, then I got home after mixing a panel discussion on the Irish economic situation(a lot of which is mirrored in the U.S., and is also tied to French and German banks holding their debt), which featured Peter Schiff as one of the panelists. Then Mr. Schiff gave a talk with Q&A for an hour after that. An engaging speaker with a book to sell, he can't deny that, but a couple of his major hammering points are valid, especially the way the Fed is now just into a vicious cycle of printing more money-the nasty situation that the taxpayer is getting robbed wholesale to pay for gov't spending, and the possible/inevitable second crash to the ecomony the politicians don't care about. Only time will tell. Hopefully they'll correct the destructive path before it's too late. John [/QUOTE]
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