On 09/05/2010 10:42 AM, bpuharic wrote:
On Sun, 09 May 2010 09:09:09 -0600,
wrote:



For example, you take a 10 year t-bill at 0.5% and say inlfation runs an
average of 10%, then loaning the government cost you 50% in value even
though the $$$ amount in 10 years is slightly up.

It is also why US/Canadian government can no longer borrow money and
create it off their own banks...inflationary ponzi money

really?

by the way...what's the rate of inflation nowadays?

oh. there isn't any.

Funny, we watch what we spend like a hawk and my wife has a good memory
for her shopping. She estimates 5-7% in the last year at the grocery store.

If you use the governments own inflation calculator, you can tell pretty
quick the goverment inflation numbers are bull****. Inflation is always
more than the government states. About 1.6 times I figure. Keeps the
sheep happy to get a 2% raise on a government stated 1.6% when it is
really 2.5%.

That is, a second crash is inevitable at this point. As Obama and
democrats are jack asses if they think they can debt-spend their way out
of a debt depression.

worked in 39, didn't it? our debt burden was higher then than it is
now.

but you're right wing...not too bright....you think black guys will
destroy the US

Work out the government debt in 1939 and the personal rates of income
tax. I rest my case as debt was under control, income tax was much lower.

But if you are suggesting that after Obama and congress screw it up bad
enough, they might start a WWW III to bailout government, they just might.

Could even be this is engineered. How better to get quality recruits
into the armed forces than a government made depression as they gear up
for war. Exactly the same path Adolf Hitler took.

--
There is a sucker born every minute, liberals and our politicians are
counting on it.