Replies to Msg. #825627
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 Msg. #  Subject Posted by    Board    Date   
14126 Re: state splitting*/re: education
   Inflation is just around the corner. I hope I have enough to live on w...
DGpeddler   ALEA   17 Jul 2013
10:53 PM
14119 Re: state splitting*/re: education
   Predictions are difficult to make while also making oneself look wron...
faul   ALEA   17 Jul 2013
9:22 PM

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Re: state splitting*/re: education

By: Down And Out Man in ALEA
Wed, 17 Jul 13 9:17 PM
Msg. 14118 of 54959
(This msg. is a reply to 14117 by faul)
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I know you were (being sarcastic). Just wanted to comment on another group that has been destroyed by the Greenspan super easy money policies that continue in spades to this day. Evil, stupid, or both, I don't know.

And just wait until the resulting super inflation hits...unless of course the house of cards completely falls first. They managed to buy some very expensive foundation repairs, but the house is still a house of cards.

Monetizing the massive debt is going to be very ugly.

First let the savers have no income off their savings for years and years...then erode the principal through inflation.

I know, I know, it hasn't happened yet, so my prediction is wrong. But I've never said when it will happen, I'm not that smart. But it will.

Meantime, I'm "looking forward" to the next downsizing of my half gallon container of ice cream. It's already gone from 64 oz to 56, to 48. Quarts are all they'll be eventually. One day we'll just have labels on the shelves. But if the prices only go up by a little, who'll notice? Rolling Eyes