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Re: Nenner Warns "Dow Is Going Back To 5,000" But "Life Is Not Going To Stop" 

By: capt_nemo in POPE 5 | Recommend this post (2)
Wed, 14 Nov 18 11:20 PM | 62 view(s)
Boardmark this board | Pope 5 		Msg. 13338 of 62138
(This msg. is a reply to 13323 by Decomposed)
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DE> Only the government - since it causes inflation when it prints money, spends more than it can afford and increases the debt.


YUP I saw yesterday our new budget spending, Like 4.7 TRILLION on receivables of 3.4 TRILLION LOL


Break out the printing press. INSANITY!!!!!!!!!!!!




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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Re: Nenner Warns "Dow Is Going Back To 5,000" But "Life Is Not Going To Stop"
By: Decomposed in POPE 5
Wed, 14 Nov 18 6:46 PM 		Msg. 13323 of 62138

Nemo:

Re: “I am more worried about deflation than inflation when the economy turns down. It’s a whole different ball game than anybody thinks...”

For those of us who are retired, deflation is wonderful. Our savings will buy more. Who wants inflation? Only the government - since it causes inflation when it prints money, spends more than it can afford and increases the debt.

In a deflationary depression, money buys a lot because it's hard to come by. In an inflationary depression, money is plentiful but can't buy anything. Inflationary depressions are the worse of the two and are what we are headed for.

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