Articles NewsFlow Gold & Silver Prices Market Briefing

Recevez notre Marketbriefing

In the same category

algreeny
Member since May 2012
27 commentaries -

0 followers

has posted a comment on the article :

That Old Martial Spirit

- James Howard Kunstler -

Howard, me thinks they are just going to paper it all over. What makes you think they can't just print and buy the bonds like they have been doing. If no one else buys them then the Fed will - they can do this until the preverbial cows come home. No? Yes, inflation has arrived (not withstanding the housing bubble). I am paying $34 / gal for paint. $2.30 per ft. for 3/4 x 8" clear pine for trim.
Debt is extinguished by inflating it away (or paying it back - sooo old fashioned) or forgiving.
Inflation, inflation it will be inflation. It's a bad sentence for the old, the poor and the middle class who will just get squeezed to death. I lived through the late '60's to early '80s. - saw my income rise and debt principal fade away. We are just missing the income but am paying $65 per hour for plumber!

Commented 4278 days ago

Send

Beginning of the headline :A great orgasm shuddered through the money world last week when MarioDraghi paused betweenscamorza con arugula tidbits to remark that the European Central Bank (ECB) would stop at nothing to keep the financial blood of Europe circulating. Of course you wonder how many pony glasses of Campari he knocked back before that whopper came out... Read More

Reply to this comment

You must be logged in to comment an article

8000 characters max.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis