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HotRocks
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« on: December 14, 2009, 09:20:42 PM » |
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John Williams throws his hat soundly into the hyperinflationary ring: Shadowstats' John Williams: Prepare For The Hyperinflationary Great Depression"The U.S. has no way of avoiding a financial Armageddon. Bankrupt sovereign states most commonly use the currency printing press as a solution to not having enough money to cover obligations. The alternative would be for the U.S. to renege on its existing debt and obligations, a solution for modern sovereign states rarely seen outside of governments overthrown in revolution, and a solution with no happier ending than simply printing the needed money. With the creation of massive amounts of new fiat dollars (not backed by gold or silver) will come the eventual destruction of the value of the U.S. dollar and related dollar-denominated paper assets." |
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Patchze
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« Reply #1 on: December 14, 2009, 10:51:01 PM » |
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alright...I'm not saying that this is how I really feel about what John Williams thinks...but I just want to write the one word that expresses my initial reaction to his prediction of the onset of hyperinflation in 2010 (whether it be right or not).
Bullshit.
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quick
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« Reply #2 on: December 14, 2009, 11:01:25 PM » |
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alright...I'm saying this is how I really feel about what Patchze thinks... and I just want to write the one word that expresses my initial reaction to his initial reaction to john williams prediction of the onset of hyperinflation in 2010.
Bullshit.
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Arraya
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« Reply #3 on: December 14, 2009, 11:08:16 PM » |
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alright...I'm saying this is how I really feel about what quick thinks... and I just want to write the one word that expresses my initial reaction to his initial reaction to Patchze's reaction of John Williiams prediction of the onset of hyperinflation in 2010.
Bullshit.
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anarchist
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« Reply #4 on: December 14, 2009, 11:11:07 PM » |
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mtlouie
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« Reply #5 on: December 14, 2009, 11:12:43 PM » |
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LOL!
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pamela
“Hope is faith holding out its hand in the dark.”
Global Moderator
Hero Member
Posts: 20003
Whoever feeds you, owns you!
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« Reply #6 on: December 14, 2009, 11:13:15 PM » |
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classic comic gold right there! ROFL!
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We are the hollow men
We are the stuffed men
Leaning together- T.S. Eliot
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Biminim
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« Reply #7 on: December 14, 2009, 11:49:40 PM » |
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I'm just cutting to the chase: Bullshit!  |
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Biminim
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« Reply #8 on: December 14, 2009, 11:52:04 PM » |
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Not saying that I was calling bullshit on anyone, but just, you know . . . just wanting to participate. Or something.
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Athina
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« Reply #9 on: December 14, 2009, 11:59:52 PM » |
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"Having pulled America out of the abyss by the last hairs on its Rogaine infused head, the Fed and the Administration have merely purchased one-two years of excess time in which insiders can sell all their holdings (look at recent reports indicating the ratio of insider sellers to buyers) and banks can book one/two years of record bonuses before signing off."Is all that rogaine gettin to you guys?
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Bruce
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« Reply #10 on: December 15, 2009, 02:46:48 AM » |
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Considering the current debt of this nation not to mention it's future obligations, there is NO way in hell we can satisfy our debt. We have but two options IMO, default on our loans or print. Both will have catastrophic results. Therefore the question is not if we will have a total financial collapse but WHEN?...............................Bruce
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It's IMPOSSIBLE to overcome our Governments debt!
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zenobia
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« Reply #11 on: December 15, 2009, 07:55:43 AM » |
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OK, so I read in the WSJ yesterday "Investors betting on inflation..." or something like that. And then I went "Hmmm..."
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Enjoying the "gasoline crack of history"!
Shrill Forum Hag Feral She-Bitch from Hell
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jtmo3
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« Reply #12 on: December 15, 2009, 08:02:30 AM » |
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I agree with the sentiment...
BULLSHIT!
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Bill Hicks
Forum Supporter I
Hero Member
Posts: 8019
Dude, I think God put YOU here to test MY faith
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« Reply #14 on: December 15, 2009, 08:16:11 AM » |
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All right...here is some wishy-washy Bullshit:
Williams is both right AND wrong. Hyperinflation is likely. 2010 is probably too soon for it.
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We knocked on the doors of Hell's darkest chamber
Pushed to the limits, we dragged ourselves in
Joy Division
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