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Old 05-02-2010, 02:13 PM
 
10,494 posts, read 27,244,020 times
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Gotta ask, are Ron Paul and Peter Schiff wrong too?


YouTube - HYPERINFLATION NATION MOVIE (1/3) W/ Ron Paul, Peter Schiff, Jim Rogers, Tom Woods, Marc Faber


YouTube - HYPERINFLATION NATION MOVIE (2/3) W/ Ron Paul, Peter Schiff, Jim Rogers, Tom Woods, Marc Faber


YouTube - HYPERINFLATION NATION MOVIE (3/3) W/ Ron Paul, Peter Schiff, Jim Rogers, Tom Woods, Marc Faber

You have to remember I do nothing but sit and do research at work all day and night. This is one area where I DO know what I am talking about.

 
Old 05-02-2010, 02:15 PM
 
Location: NW Las Vegas - Lone Mountain
15,756 posts, read 38,204,096 times
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Quote:
Originally Posted by las vegas drunk View Post
I know you are a smart guy, so I have no idea why you would say that? I have continuously seen prices on everything going up on everything at an accelerated rate. We are currently in a inflationary recession. By the way, check your recent Cox bill too and tell me about deflation.
CPI is virtually unchanged between 2008 and 2009. It in fact went down in the first half of 2009.

It has not done anything interesting in the first quarter of 2010.

Sorry LVD the period has shown no significant inflation anymore hyper inflation. Locally the cost of housing has dropped more than enough to offset anything else.
 
Old 05-02-2010, 02:17 PM
 
Location: NW Las Vegas - Lone Mountain
15,756 posts, read 38,204,096 times
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Quote:
Originally Posted by las vegas drunk View Post
Schiff et al should have rested on their laurels. They are not doing at all well at the moment.
 
Old 05-02-2010, 02:19 PM
 
Location: North America
5,960 posts, read 5,546,690 times
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This is WAY off-topic but I gotta ask:

If the Federal Reserve and the Bush/Obama administrations had stopped printing money or issuing Treasury bonds in late 2008 and throughout 2009 would prices have skyrocketed (inflation) or collapsed (deflation)?
 
Old 05-02-2010, 02:21 PM
 
10,494 posts, read 27,244,020 times
Reputation: 6718
The CPI comes from a government agency who is fudging the numbers. Do you trust the government? I certainly don't. They are doing the same thing with false unemployment numbers.
 
Old 05-02-2010, 02:23 PM
 
Location: NW Las Vegas - Lone Mountain
15,756 posts, read 38,204,096 times
Reputation: 2661
Quote:
Originally Posted by clb10 View Post
This is WAY off-topic but I gotta ask:

If the Federal Reserve and the Bush/Obama administrations had stopped printing money or issuing Treasury bonds in late 2008 and throughout 2009 would prices have skyrocketed (inflation) or collapsed (deflation)?
I would think we would have had catastrophic delation. I presume the general economic theories that printing money is highly inflationary is true. So as nothing happened there must have been a huge deflationary process offsetting it.

It will be interesting to see how the powers that be manuever out of it as inflation picks up.
 
Old 05-02-2010, 02:43 PM
 
Location: Here and there, you decide.
12,908 posts, read 27,995,060 times
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recession, depression.. i no longer see it... the M is crowded.. 90% + occupancy.. usually 98% + on wkends and the walkup rate is $300+ casino is crowded too....
 
Old 05-02-2010, 02:48 PM
 
177 posts, read 357,172 times
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Quote:
Originally Posted by las vegas drunk View Post
Gotta ask, are Ron Paul and Peter Schiff wrong too?
Peter Schiff failed to predict the massive stock market rally since March 2009. I don't care if the market will drop back to the bottom again in the future, the reality is that you have missed the entire rally should you have listened to his opinion.
 
Old 05-02-2010, 03:02 PM
 
10,494 posts, read 27,244,020 times
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Quote:
Originally Posted by mresort View Post
Peter Schiff failed to predict the massive stock market rally since March 2009. I don't care if the market will drop back to the bottom again in the future, the reality is that you have missed the entire rally should you have listened to his opinion.
Nobody, and I mean nobody is perfect. The fact of the matter is we are in a false recovery that MSM is leading us to believe is real. I sincerely hope Olecapt is right. The problems are the facts are not leading up to it happening.
 
Old 05-02-2010, 03:08 PM
 
1,016 posts, read 1,938,397 times
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Quote:
Originally Posted by airics View Post
recession, depression.. i no longer see it... the M is crowded.. 90% + occupancy.. usually 98% + on wkends and the walkup rate is $300+ casino is crowded too....

REALLY...gosh this looks Depressing to moi. FYI what goes on in other states and counties afffects us ALLLLLL

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