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On Wed, 03 Aug 2011 23:18:31 -0600, Canuck57
wrote: On 03/08/2011 8:20 PM, wf3h wrote: On Wed, 03 Aug 2011 09:07:14 -0600, wrote: Not only has China reduced the US credit rating, they have reduced their holdings of US debt. Once as high as $2.1 trillion, now only $1.15 trillion as everyone knows, USD is experiencing Bernanke currency fraud. No one buys US treasuries any more, Bernanke prints it. The Bernake doctrine of inflation causing unemployment: inflation is running at about 3%. IOW canuck doesnt know what he's talking about First, no one believes the governments own bull**** numbers. so you have all the evidence that you're right except when you dont gotcha An interesting chart suggests gold tracks debt, debt limit and inflation.... http://www.telegraph.co.uk/finance/p...-year-end.html If you use a government inflation calc, it does not take long to see their numbers are pure bull****. gee the article doesnt mention inflation at all. in fact, inflation is the result of high demand how's demand doing right now? we at full employment after the teabaggers nearly destroyed the US you keep showing you know zip about economics The very debt incurred causes the depression. |
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