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Re: state splitting*/re: education

By: DGpeddler in ALEA | Recommend this post (0)
Wed, 17 Jul 13 10:53 PM | 21 view(s)
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Msg. 14126 of 54959
(This msg. is a reply to 14118 by Down And Out Man)

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Inflation is just around the corner. I hope I have enough to live on when it kicks in. And I am sitting on a pile of cash because I will not tie my money up for ten years for two percent interest. BTW, I had some T-bills before all this started. The government just sent me the money and stopped paying the interest. Well, there is always tomorrow.

Tomorrow, tomorrow, I love you tomorrow. You are only a day away.




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The above is a reply to the following message:
Re: state splitting*/re: education
By: Down And Out Man
in ALEA
Wed, 17 Jul 13 9:17 PM
Msg. 14118 of 54959

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


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