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The Basement
hyper inflation in the USA?
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<blockquote data-quote="Charlie Zureki" data-source="post: 23955" data-attributes="member: 153"><p>Re: hyper inflation in the USA?</p><p></p><p>Hello,</p><p></p><p> My prediction is that, the Dollar will be worthless and the U.S. will be bankrupt if there is not a noticable increase in Employment in this year. The only thing that will keep our economy afloat, or delay the Dollar's fall, will be the U.S. Agricultural Industry. The Ag Industry will be hard hit also depending on how high the Oil Speculators drive up the prices. </p><p></p><p> If the cost of Gasoline hits $4.80 per gallon, the President will release the Strategic Oil reserves, (under criticism) to help cap the costs. Drilling should begin immediately in Colorado, Alaska and the Ohio river valley. Although we are supplied only about 20% of our Oil from the Mideast, we need to wean ourselves from that teat. Given all of the associated costs of their Oil, it's far too pricey. </p><p></p><p> Hammer</p></blockquote><p></p>
[QUOTE="Charlie Zureki, post: 23955, member: 153"] Re: hyper inflation in the USA? Hello, My prediction is that, the Dollar will be worthless and the U.S. will be bankrupt if there is not a noticable increase in Employment in this year. The only thing that will keep our economy afloat, or delay the Dollar's fall, will be the U.S. Agricultural Industry. The Ag Industry will be hard hit also depending on how high the Oil Speculators drive up the prices. If the cost of Gasoline hits $4.80 per gallon, the President will release the Strategic Oil reserves, (under criticism) to help cap the costs. Drilling should begin immediately in Colorado, Alaska and the Ohio river valley. Although we are supplied only about 20% of our Oil from the Mideast, we need to wean ourselves from that teat. Given all of the associated costs of their Oil, it's far too pricey. Hammer [/QUOTE]
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