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Joined Nov 2010
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ok,, we need some stock market predictions here
I think there is still an overhang of debt that will be deflationary countering any government stimulus spending.. I've stated many times that my generation was deprived of credit,, mostly have not accumulated wealth and don't look like we will be buying you old people's stocks anytime soon Even with obama sposedly spending is there enough money to counter the deflationary debt and provide liquidity for trade? I believe that housing will bottom between now and 2015... that's a long time to wait imo.. Our manufacturing is offshored we are flooded with needy immigrants who don't have work on top of the normal American workers also needing work I've said it before,,, We never needed cheaper labor that was a lie It looks like we've been set up imo ![]() Stock market to crash again?? creating a dire situation as the banks do not do their job.. and our government does not do it's job either... |
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Congress already has the authority to “step in”… and they don’t so Ron Paul is a crack pot… gold is the not the only measure of “barter” numerics… we’ve had salt, nuts, rocks…etc, the point Is money is a concept of “trade” by proxy… The problem started, going off the gold standard was to let governments “print”.
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Quote:
let the world's largest, most dynamic economy go back to sound money which cannot be inflated, a population return to savings which they do not need to play stock market roulette with in order to keep pace with intentional inflation, and a form of money which the govt cannot simply print more of, thus properly constraining it's spending. Yup, 19th century monetary ideas are looking pretty good, unlike 21st century money which distorts everything it touches. |
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a population forced to race inflation, something which never occurred until the Fed. Massive, hugely destructive long recessions of a scope and length never seen..before the Fed, that is. A govt which can spend money by printing it instead of actually having to raise it and keep it's fiscal house in honest order. The destruction of 90%+ of the value of the dollar.
Yup...that old school monetary base is looking pretty smart. |
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