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Re: Has Obama Been Good for Millionaires?

By: DueDillinger in CONSTITUTION | Recommend this post (0)
Sun, 11 Nov 12 9:33 AM | 79 view(s)
Boardmark this board | Constitutional Corner 		Msg. 20158 of 21975
(This msg. is a reply to 20157 by monkeytrots)
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You want real numbers rather than the government propaganda? Easy!

Visit John Williams' Shadowstats site:

http://www.shadowstats.com/

John's current data and opinion is limited to subscribers, but there is still a wealth of information that can be gleaned there without charge.

Here's a search for john williams shadowstats inflation...

http://j.mp/SMQuLa

...which turns up a number of interesting articles and interviews. This recent interview on Greg Hunter's USA Watchdog site ( http://usawatchdog.com/hyperinflation-is-virtually-assured-john-williams/ ) caught my eye:

Hyperinflation is Virtually Assured – John Williams
12 September 2012

The Federal Reserve is talking about “unlimited QE,” or money printing, to boost employment. Economist John Williams says, “That’s absolutely nonsense. The Fed is just propping up the banks.” Williams says, “You’re likely going to see a dollar sell-off . . . That should evolve into hyperinflation.” Williams, “Doesn’t see the current system holding together without hyperinflation beyond 2014.” He contends the real annual deficit is “$5 trillion per year” and says, “That’s beyond containment.”
Williams predicts, “Hyperinflation is virtually assured because the Fed doesn’t have any options left.” Williams says people should get prepared because we are facing a “man-made disaster.” Join Greg Hunter as he goes One-on-One with John Williams of Shadowstats.com.

http://www.youtube.com/watch?v=XSreavGR4vE

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The above is a reply to the following message:
Re: Has Obama Been Good for Millionaires?
By: monkeytrots in CONSTITUTION
Sun, 11 Nov 12 7:53 AM 		Msg. 20157 of 21975

Reply to Zimbler post: http://www.atomicbobs.com/editpost.php?id=768337

With a 50% devaluation of the dollar since 2007 - that really means there are FEWER '2008' millionares today than four years ago.

The 'government number' for inflation is total BS.

Inflation has been running at 14-15% average over the past four years - and is now in the high teens to mid 20's.

Argentina is VERY familiar with this mode of government deceit - being slightly ahead of us on the experience curve - roughly 6 years ahead.

Gonna get REAL GRIM here people.

Inflation is how the 'government' steals the wealth of a nation.

We are printing money as fast as the computers can generate zeroes.

That is what 'Quantitative Easing is' - it is printing money. The ENTIRE WORLD knows it - especially all the bankers and other governments. That is why they are buying gold and silver faster than it can be produced.

Reason for replying over here ?

Because the information used in the reply was gleaned from THIS board.

Visit Due's link to an excellent vid in previous post.

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