US money supply plunges at 1930s pace

Good one Hessian,

Except the scumbag hasn't run outta our money and his socialist supporters are all for spending our money until we have no more and out kids no future. That's the lowest of low. :mad: It's too bad that his obamatons just ignore those questions and continue stealing our kids future.
 
CountryBoy,
Always liked your plain, straightforward talk (And the 25 questions). I received the following in an email and felt I had to post this straight-talk. :notrust::sick:
View attachment 9497
 
Last edited:
Boghie said:
CountryBoy,

You are the problem:p

The Keynesian will be at your place with pitchforks:laugh:

Then, again, maybe not after looking at your avatar. You might have something laying about on your knees, eh...;)
Click to expand...

:laugh: I've been called much worse than a problem. I found this article that is very interesting.

25 Questions To Ask Anyone Who Is Delusional Enough To Believe That This Economic Recovery Is Real

http://www.blacklistednews.com/?news_id=8878

The questions are enlightening about what is going on.
 
CountryBoy,

You are the problem:p

The Keynesian will be at your place with pitchforks:laugh:

Then, again, maybe not after looking at your avatar. You might have something laying about on your knees, eh...;)
 
No debt here and I plan on keeping it that way. We have been cash only for a couple of years now. And I'm a coffee can in the backyard type. :D As I said in another post, the worst is yet to come. :worried:
 
CountryBoy,

Cash will be king and debt will crush you...

  • Imagine deflation with the FED helicoptering cash anywhere there is sky to fly in.
  • Imagine deflation with the US Treasury building (actually just Federal workers planning and staffing and proposing and documenting projects) bridges to nowhere and Woodstock museums.
  • Imagine folks avoiding investment in the American economy – instead preferring the mattress.
It is absolutely amazing that we are deflating with all the Keynesian activity going on.

Me think Keynes’ failed again.
 
Meanwhile people are still buying gold. If there aren't signs of inflation they use the pitch that it's protection against bad times. If times aren't bad, they say gold works in a deflationary time period just as well as inflation. In other words, always buy gold no matter what. Such a closed minded way to think.
 
CountryBoy

CountryBoy

Well-known member
US money supply plunges at 1930s pace as Obama eyes fresh stimulus

The M3 figures - which include broad range of bank accounts and are tracked by British and European monetarists for warning signals about the direction of the US economy a year or so in advance - began shrinking last summer. The pace has since quickened.

"It’s frightening," said Professor Tim Congdon from International Monetary Research. "The plunge in M3 has no precedent since the Great Depression. The dominant reason for this is that regulators across the world are pressing banks to raise capital asset ratios and to shrink their risk assets. This is why the US is not recovering properly," he said.

http://www.telegraph.co.uk/finance/...-1930s-pace-as-Obama-eyes-fresh-stimulus.html
 
You must log in or register to reply here.
Back
Top