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Re: Pence on Levin, when virus is done our eCONomy will come roaring back HAAAAAAAAAAAAAAAAAA 

By: ribit in POPE 5 | Recommend this post (2)
Mon, 23 Mar 20 8:51 PM | 24 view(s)
Boardmark this board | Pope 5 		Msg. 56486 of 62138
(This msg. is a reply to 56446 by Decomposed)
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And when money gets printed and spent when production is not expanding at a proportionate rate, price inflation results.

...the money being printed now is being printed when production has been practically stopped. This has got to be a disaster.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!

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The above is a reply to the following message:
Re: Pence on Levin, when virus is done our eCONomy will come roaring back HAAAAAAAAAAAAAAAAAA
By: Decomposed in POPE 5
Mon, 23 Mar 20 8:45 AM 		Msg. 56446 of 62138

Nemo:

Re: "I can easily see DOW 15,000!!!!!!!!!!!!!!!!"

Not me. I see extremely strong support long before 15,000.I've seen the light. You are right. 15,000 or lower is coming. Probably lower.

A massive amount of money... trillions of dollars... is going to be printed in the near future. Money printed will be money spent. And when money gets printed and spent when production is not expanding at a proportionate rate, price inflation results. There's going to be some serious price inflation headed our way, folks. What to do about it? I'm not sure. It's probably too late. What you want to do is to be out of cash and into items that hold their value through a currency collapse: Land, liquor, precious metal, ammo, certain types of equipment, etc.

Monday's going to be an interesting one.

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