On Fri, 05 Aug 2011 17:37:20 -0600, Canuck57
wrote:

On 05/08/2011 2:08 PM, wf3h wrote:
On Wed, 03 Aug 2011 23:18:31 -0600,
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.

Inflation is more complex. Inflation has two inputs, currency dilution
and availability of currency.

If people don't have currency, and they don't, then pricing resistance
keeps prices down but inflation pressures can still build a problem.

However business costs of the product rise, reducing margins and they
cut employees to get the costs down as much as possible. They even cut
profits and gross margins. Trouble is this employs people and pays less
taxes. If it gets bad enough, businesses fail and even employ more
people and no one pays taxes.

Just what is happening in the USA right now.

Inflation on averages has only one source, creation of no-value money
and Bernanke likes to sex the counterfeiting up to Quantitative Easing.
It is none the less dilutive to the currency and assures inflationary
pressures.

So keep up the fraud you ponzi fraud delinquent debtors blinded by your
own greed, Berbanke and the debtors are destroying your economy for the
GREED of debt.

It is why I own gold, oil and view USDs as a massively depreciating
asset in the next few years.

Yeah, that's why inflation is at a historic low. Feel free to eat your
gold filling, because that's the only "gold" you own (assuming you've
paid the dentist).