Would Ben Stein admit he was wrong?

[tiznow]

:nohead:
"I am confident that the Fed would take whatever means necessary to prevent significant deflation in the United States …"

the kenyensians are either fooling the people who don't like the system (the hyperinflationists)

or they just don't understand their own system

as long as they keep the faith in fiat money alive and healthy

when we reach a max debt point like now the system goes into shutdown mode and the velocity of money decreases causing deflation

all this money they are throwing around isn't filtering down to the average joe where all inflationary bubbles must originate from

its just servicing debt and allowing guys like GM, F etc....to lose money for a little while longer

its not creating jobs or giving the average joe more money

ben better get in his helicopter and physically start doing money drops over the cities of america if he wants to inflate this thing anytime soon

today they basically admitted their buying bad debt plan won't work

the fractional reserve system has its limitations and it takes time to implement

and when its all blowing up violently all at once after building for 80+ years it can't be "fixed" overnight and will take a decade of restructuring and such to mend

 

[fletchisrhsm]

USD is the gold standard of the fiat universe

assuming the keep the faith alive in fiat and too date they've seemed to have a good job of that getting libor and ted spreads down and partially nationalizing the big banks

i don't like the game but it is what it is

That is the point, people are losing faith in the dollar and at some point the US dollar will not be the bench mark for the worlds reserves. Hell there is OPEC nations right now switching or have switched to the Euro and i know it has its problems of its own, but the reality is the days of the American manipulation/domination of the world economey are fading away. The hegemony is about up. We are fighting wars or staging wars with countries that have entertained the euro, just look at the last 15 years. Iraq, Iran, Venezuela. Protecting the dollar as the world reserve currency is paramount but you cant fight everyone off to keep them in dollars, its only a matter of time before our printing presses run us off a cliff.

 

[Willie99]

Finally something out of your mouth besides a well spent cock. I agree, in the MSM there is no accountability, hence why the cycle continues and that another reason why Americans are stupid.

hehehehe

"finally something out of your mouth besides a ............................"

I guess we can all agree that the media are enablers and Americans really don't understand many issues.

I don't mind people disagreeing with me, but I can't stand having a serious political conversation with dimwits, it's totally boring.

 

[piccolo]

hehehehe

"finally something out of your mouth besides a ............................"

I guess we can all agree that the media are enablers and Americans really don't understand many issues.

I don't mind people disagreeing with me, but I can't stand having a serious political conversation with dimwits, it's totally boring.

Oh shut the fuck up and get lost you inbred retarded bastard! You contribute nothing at all to this forum outside of your shallow sperm drenched regurgitations from Bill Oreilly or the other pundits you copy and paste from. and when challenged this inbred bastard chooses to posture and squirm like the little F@g because he simply lacks the mental fortitude to even defend half the incredibly stupid shit he says.

NOw he spends all his time pretending that he doesnt read my posts yet every thread i post in you find the same coward putting in his second hand quibs because he lacks the balls to challenge me head on!

Its nice to know i have one of the biggest forum imbeciles resorting to hiding behind some one else's large ass in the hopes that he because he is fucking scared of the big dog!

 

[ScottL]

Ease up JAMBOLAYA. Everyone here knows you're the muthafuckin' man!

 

[Loren78]

Bueller? Bueller? Bueller?