Is the U.S. Headed for Hyperinflation?

re: Is the U.S. Headed for Hyperinflation?

mamabear — Sun, 30 Nov 2008 17:48:17 GMT

How much do you think your dollar would be worth if everyone suddenly recieved a million or more a each. NOTHING. thats what. Handouts to anyone, the little guy or the giant company is interference from government that should not be within the governments scope to give. The government is at best a neccessary evil that exists solely to protect the people from invasion. Individual problems should stay individual problems.

re: Is the U.S. Headed for Hyperinflation?

CindyS — Thu, 13 Nov 2008 17:30:53 GMT

Any one can research the internet. Just type in risky mortgage loans and see what kind of information turns up. Even McCain gave warning of Fannie Mae and Freddie Mac (according to what I found) back when something could have been done about it. See if you can find who made money off of it as well. See if you can find who ridiculed anyone who said these organizations were in trouble and needed reform. It is not like I believe Bush is without his faults. I actually believe that our whole system needs reform. Money plays too big a part in politics. I just think that blame should be placed where it belongs, not on a scape goat.

re: Is the U.S. Headed for Hyperinflation?

fredh — Mon, 10 Nov 2008 23:50:40 GMT

Inflation is the amount of money circulation , if this government had a million dollars in gold and a million dollars in paper money ,the dollar would be worth one dollar, but if they double the amount of paper ,now the dollar is only worth 50 cents. Government created inflation and government gets richer through inflation. Inflation is also the result of bad laws passed by congress. In 1970 there were 70 million people in the workforce and enough money in circulation to pay there salaries 80% men and 20 % women ,then in 1972 women burnt their bra's and enter the workforce,by 1983 the workforce double to 135 million people . This increase was all women ,so the mint had to produce more money to pay these new salaries, this is inflation. In 1974 the price of a home started to go up, because of a law passed by congress. The law dealt with how a bank handle mortgages , they started using women's salaries when figuring a mortgage, from1974 to 1980 the price of a home quadruple and have going up since then. The same with a car, before 1970 the average family own one car, no inflation, after women enter the workforce ,now they had the money to buy their own car, and the price of a car went up and up and up. This is INFLATION.

re: Is the U.S. Headed for Hyperinflation?

John Vescuso — Mon, 10 Nov 2008 16:24:49 GMT

Obama's cousin when he took over Kenya

What scum this guy is, God help us!

Send this to your State Representatives - Electoral College asking that they not vote Obama in until he shows that he is Constitutionally Qualified to be President , and to all you know and ask that they contact their representatives requesting the same.

Share this video link that shows

Obama's cousin when he took over Kenya and how he participated with the

Genocide in Kenya with US TAXPAYER MONEY !

www.canadafreepress.com/.../5411

He is sharing the wealth and doing an ethnic cleansing , is this what is in store for us ?

re: Is the U.S. Headed for Hyperinflation?

Aman — Mon, 10 Nov 2008 12:35:26 GMT

Does anyone care to comment about Obummer's Civilian Task Force.Just what exactly does he have in mind with this? And why would such a militant organization be needed?

re: Is the U.S. Headed for Hyperinflation?

taratune — Sun, 09 Nov 2008 22:16:18 GMT

Don't worry so much about which party is..... "in" ......both parties are controlled by the same small group of very rich, controlling people. We haven't had anyone "in" or even given a real opportunity to "run" for years........who hasn't belonged to the CFR....(Council on Foreign Relations). The Republicrats are all being controlled by the same financial strings holders.....ie puppet masters. Either way you get Stromboli (the evil puppet master in Pinocchio). They control the economy to suit their needs. Our financial ruin gives them more money and more control.

re: Is the U.S. Headed for Hyperinflation?

carrieon — Sun, 09 Nov 2008 14:03:02 GMT

In the 90's we experinced the dot.com boom ad bust. In the 2000's we experienced the housing boom and bust. The next boom to bust should be the medical reimbursement bust when employers decide to stop paying for health insurance. This shouldn't be bad news for the readers of this web site because they already know how to take care of themselves without health insurance. It's time to go back to the basics once again where we can all live a normal healthy life without market speculation.

re: Is the U.S. Headed for Hyperinflation?

Islander — Sun, 09 Nov 2008 04:57:39 GMT

Wouldn't it be nice to know who the speaker is.... Why would you post financial advice from an unknown advisor? If that were me, I'd be livid that I was not given credit, in the video or in the subsequent commentary.

re: Is the U.S. Headed for Hyperinflation?

JPYS TTAM — Sat, 08 Nov 2008 22:55:01 GMT

Ultimately it doesn't matter if we bailout no one or everyone. A fiat currency system will always implode at some point.

The cure is easy though not without pain and suffering: (A) The federal gov't must declare bankruptcy -- not to liquidate but rather to reorganize the debt. (B) We must demand that Congress END THE FED! (http://endthefed.us). Call, mail, email, fax your senators and representative and tell them to pass HR 2755 introduced by Rep. Ron Paul. And demand a gold and silver backed currency as the U.S. Constitution demands (See US Const Art I, Sec 8 and 10). (C) A Bretton Woods type conference must be called by the federal government with the other economic powerhouses (China, Russia, the EU, India) to negotiate an exchange rate.

Don't expect to see this go down without bloodshed and probably the Second American Revolution, however. The international banking mafia is not going to die easy. But they must be taken out of power.

re: Is the U.S. Headed for Hyperinflation?

tzo — Sat, 08 Nov 2008 21:20:46 GMT

If everyone receives $1,000,000 checks from the government tomorrow, prices for goods would quickly adjust upward and no one would be the richer.

Of course those who ran out and spent it first would benefit from using their money before the prices rose.

Those who weren't so quick, or decided to save their money, would watch the value of their million, in terms of what it is exchangeable for on the market, rapidly decline.

This is inflation. Governments and their contractors get the "new" money and use it in the "old" economy. As it spreads, prices rise, which means that those who don't get early benefit of the new money watch the value of their savings and paychecks decline.

Check out the Zimbabwe link. The government is handing out bills to its citizens denominated in HUNDREDS OF BILLIONS OF ZIMBABWE DOLLARS. Wow! Everyone's rich!

Yet I don't see everyone rushing to immigrate to Zimbabwe because there you can become a billionaire overnight.

It doesn't matter if you earn $1 a week, as long as your rent is $1 a month and all other prices are correspondingly low, then $52 a year is just fine.

Prices will always rise with government fiat currency because the government cannot resist printing up free money and using it. This inflation taxes away your savings. A day's wages put aside as savings in 1908 would be worth 15 minutes worth of wages today. This is a 97% taxation (robbery) of your property.

Today's economists say a little bit of inflation is good. This is not unlike claiming that a little bit of mercury in your system is good. The truth is that it is always bad, but if no one is really paying attention because the outward effects are subtle enough...

The coming world inflation will be anything but subtle, so now is the time to dump these funny little paper products and reinvest in things that have market values that do not depend upon a government declaration of value.

An ounce of gold saved away in 1908 was worth $20.67. What's it worth today?

re: Is the U.S. Headed for Hyperinflation?

KDG — Sat, 08 Nov 2008 20:27:18 GMT

I suggest all read and pass on "The Ominous Parallels" by Leonard Peikoff, an excellent explanation as to what was actually going through the minds of people who have elected two of our last three presidents and I'm including Obama. The parallels are between what happened in Germany prior to the election of Adolph and what is happening here in the US.

re: Is the U.S. Headed for Hyperinflation?

kingcop — Sat, 08 Nov 2008 15:32:44 GMT

The dollar is not worth the paper it is printed on. It is really an instrument of debt. If the entire U.S. Gov't debt were to be paid off then all the money in circulation would disappear. The only way to safely store wealth is by putting your dollar assets in to gold or silver coin or other tangible commodities of your choice.

If you want to learn everything you will ever need to know about what we call money then "Money, Ye shall have honest weights and measures", Authored by James Ewart, is a must read. Go to: www.principiapub.com/POrder.html to order the book. It costs $99.95 but is the best investment you will ever make. I do not and will not profit from any copies bought by you. What is more valuable today: a solid gold German mark or a paper mark from1923 ? Nuff said.

re: Is the U.S. Headed for Hyperinflation?

William Dobbs — Sat, 08 Nov 2008 15:16:24 GMT

Get with the program. This person does not have a crystal ball and cannot tell us what is going to happen tomorrow. He is a blow hard person still with a negative attitude. Surely this person does not agree with the Bush administration that got us into this mess.

What we need now is for this person to send his recommendations to his elected official. Not get on the news to hear himself talk. What is this doing? Nothing!

If he has the solutions, then send it to the person that can do some good. I am sure if he is as smart as he thinks, he knows where to send it.

re: Is the U.S. Headed for Hyperinflation?

Hannes — Sat, 08 Nov 2008 15:02:32 GMT

Ecovillages, green energy, self sustainability, stability, organic food are some of the keywords I'm interested in.

I'm thinking about investing into some little piece of land - 1ha. If I invest my time in it, It'll start giving me food, medicine, trees, water. The more I invest, the more it'll give.

How much costs an apple to you? How much costs an apple for a starving man? Maby life? Would I kill for food? I don't want to stay and find out...

Sure I can stock up now but for how long? My own piece of land would give me and many others food til' eternity.

Without land I always have to have trust in somebody/something else but not me.

re: Is the U.S. Headed for Hyperinflation?

bbabbitt2003 — Sat, 08 Nov 2008 14:52:53 GMT

Everyone should have a food storage. Grains and basic food items store best, and if you are interested in how to accomplish it, the best people to consult are the Latter Day Saints. Google LDS and Food storage and you will have more information than you need.

Pay off variable rate debt. If you can't pay off variable rate debt, then at least protect your home. Fixed rate mortgage, if you have a credit line on your house (variable rate) pay it off, and don't use it. If you have to default on something, make it your credit cards - it's unlikely you will have your house seized for non payment on a credit card.

If you are in the happy position of not having to worry about the above, then work at reducing the costs of everyday living... Smaller car, insulate your home, reduce the electricity load, acquire alternative means of heating areas of your home (especially if you have high square footage). Kerosene, believe it or not (internet literature can be very negative on kero), is perfectly safe if handled properly, and can store for a couple of years.

Unfortunately, these things can't be done overnight and it may already be too late. The sooner you start, the farther you will get. Good Luck to everyone that tries.

Bill