U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Old 09-23-2008, 06:27 PM
Location: Gila County Arizona
988 posts, read 2,396,147 times
Reputation: 2388


I have been listening to the economic "PLAN" for over the course of today, not to mention the last number of months.

It seems to me that once you cut through the rhetoric, the "plan" is simple.....

Hyper inflate our way out of these debts. Note: nearly a trillion Dollars of unbacked currency added to an already battered dollar, and an over extended currency policy.

Worried about falling home prices??? Don't, we can inflate the cost to make it appear that they have restored or kept their value.

Defaulting on 100,200,or 300,000 in mortgage dept. With hyper inflation, we can make that all "go away" and make it seem like pocket change.

Those that are holding commodities will be sitting pretty. Those with cash in the bank will retain their numbers but not its value.

If you look around these position are already being adopted.

What bothers me is that they have the nerve to call it a "plan".
Rate this post positively Reply With Quote Quick reply to this message

Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics

All times are GMT -6. The time now is 03:27 PM.

© 2005-2023, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top