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Ron Paul on Glenn Beck Show - 1/22/2009 4:00:12 PM   
bestbabync


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Status: offline 		http://www.youtube.com/watch?v=tBaSBkp6JTw

has anyone else thought of this, besides Ron Paul?

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RE: Ron Paul on Glenn Beck Show - 1/22/2009 4:52:03 PM   
awmslave


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Status: offline 		Many economists predict hyperinflation some time starting the second half of this year.  Ron Paul talks like US government makes a mistake or it does not know what it is doing. Not true, they know exactly what they are doing. They just do not have much choices.

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RE: Ron Paul on Glenn Beck Show - 1/22/2009 7:55:40 PM   
maybemaybenot


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Status: offline 		Nope, but Ron Paul does my Libertarian heart good.
Thanx for the link. Thoruoghly loved listening to a voice of reason.

                        mbmbn

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RE: Ron Paul on Glenn Beck Show - 1/22/2009 8:57:10 PM   
variation30


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quote:

ORIGINAL: awmslave

Many economists predict hyperinflation some time starting the second half of this year.  Ron Paul talks like US government makes a mistake or it does not know what it is doing. Not true, they know exactly what they are doing. They just do not have much choices.


there are not 'many' economists predicting hyperinflation. the only ones I've seen talking about hyperinflation are austrians...and there are not many austrians. that having been said, the people crying hyperinflation are probably right...

and no, I don't think this is some government conspiracy...as they are too incompetent to actually pull of a conspiracy.


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RE: Ron Paul on Glenn Beck Show - 1/23/2009 4:04:14 AM   
awmslave


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quote:

there are not 'many' economists predicting hyperinflation. the only ones I've seen talking about hyperinflation are austrians..

Sorry, I was exaggerating with hyper. The general view seems to be that deflation will last a few more months and then it turns into inflationary trend. Although, unpredictable fast pace inflation can be triggered by foreign actions. For example if foreign investors loose confidence in dollar (that has already partly happened, but they have no good replacement) and take action. The last can also trigger reaction from US rich (who own most US wealth) trying to save their wealth as much as possible. Large drop in dollar exchange rate is a big problem as US does not produce much consumer goods any more and more than half of food is imported as well.

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RE: Ron Paul on Glenn Beck Show - 1/23/2009 9:24:05 AM   
BeingChewsie


Posts: 1633
Joined: 10/27/2005
Status: offline 		Yes, Peter Schiff has been saying the same things for years.

You can read more about him on his site www.europac.net

You can search for his videos on you tube too.

He has a couple books:

Crashproof and The Little book of Bull Moves in Bear Markets.

Hope that helps.

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RE: Ron Paul on Glenn Beck Show - 1/24/2009 6:59:59 AM   
rulemylife


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quote:

ORIGINAL: awmslave

The last can also trigger reaction from US rich (who own most US wealth) trying to save their wealth as much as possible.



Maybe this is the problem itself.

Too much of this country's resources are held by too few people.

Of course, suggesting we change it to a more equitable system is socialistic and downright un-American.

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RE: Ron Paul on Glenn Beck Show - 1/31/2009 4:11:30 AM   
Manawyddan


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From: Petaluma (Northern California)
Status: offline 		The government is trying to solve the country's economic problems by, essentially, creating money out of nowhere and throwing it around, hoping some of it sticks. Of course that's going to cause inflation.

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RE: Ron Paul on Glenn Beck Show - 1/31/2009 5:41:31 PM   
corysub


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Status: offline 		As the world looks to Washington and sees a dysfunctional Congress focused on legislating social change and "saving the planet" you can see the investor dismay in the rise in the price of Gold in recent days.  Gold is the best economist and it's price represents the consensus of very smart, very rich people and governments...and right now it's beginning to look like Ron Paul and others looking for hyper inflation are on the right path.  Should the Pelosi stimulus Bill that passed the House get through the Senate, anyone who has taken Eco101 will see that the $800 billion to $1,000 billion is mostly "payback" by the democrat party to supporters and even a greater sum will have to be allocated to save the economy. This is all going to make some great history to read about in twenty or thirty years, but going to be awfully painful for those of us living in these insane times.

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