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HYPERINFLATION WILL DRIVE GOLD TO UNTHINKABLE HEIGHTS
goldswitzerland.com ^
| December 31st, 2010
| by Egon von Greyerz
Posted on 01/01/2011 4:05:00 PM PST by DeaconBenjamin
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To: Fresh Wind
Perhaps their business model (as is common in such businesses) is to sell at 4% over spot and buy at spot.
41
posted on
01/02/2011 4:50:58 PM PST
by
DeaconBenjamin
(A trillion here, a trillion there, soon you're NOT talking real money)
To: bert
Using this equation, at an inflation rate of 12% existing debt will be halved in 6 years. That is, the burden will gradually disappear and cease to be a problem. 1) Half our debt is still a huge problem;
2) Do you think our creditors will catch on, and bail on our promises to repay (in depreciated currency)?
42
posted on
01/02/2011 5:00:42 PM PST
by
DeaconBenjamin
(A trillion here, a trillion there, soon you're NOT talking real money)
To: DuncanWaring
43
posted on
01/03/2011 5:19:58 PM PST
by
April Lexington
(Study the Constitution so you know what they are taking away!)
To: April Lexington
Don’t forget the “Jimmy Carter” character on SNL in the late 1970s said “Inflation is your friend. After an extended period of high inflation, we’ll all be millionaires!”.
44
posted on
01/04/2011 7:53:45 AM PST
by
DuncanWaring
(The Lord uses the good ones; the bad ones use the Lord.)
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