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Re: Carney on Kudlow

By: Decomposed in 6TH POPE | Recommend this post (0)
Mon, 21 Aug 23 5:45 AM | 29 view(s)
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Msg. 45163 of 58582
(This msg. is a reply to 45158 by Zimbler0)

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Zimbler0:

Re: “But won't unrestrained spending with printed money eventually lead to hyperinflation?”
Every fiat money in history eventually collapsed in a hyperinflationary depression or was replaced with a new currency - sometimes because the backing country was taken over by a more powerful country.







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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months




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The above is a reply to the following message:
Re: Carney on Kudlow
By: Zimbler0
in 6TH POPE
Sun, 20 Aug 23 11:56 PM
Msg. 45158 of 58582

Decomposed > In related news, how's U.S. manufacturing doing these days?


I haven't tried 'looking at it' . . . But I suspect that it sucks.

biden don't want the American people working and making things and earning an honest living . . . Apparently he thinks a welfare state with everybody beholden to the government 'government knows best' will actually work.

Correct me if I'm wrong . . .
But won't unrestrained spending with printed money eventually lead to hyperinflation?

Zim.


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