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How the Paper Money Experiment Will End
Zero Hedge ^
| 12/13/13
| Tyler Durden
Posted on 12/13/2013 1:18:46 PM PST by Errant
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To: discostu
"Now if he wants to complain about ISSUING too much money he might have a valid complaint"Just FYI - the author is pretty sophisticated (check out his posts). He is using the phrase "printing money" metaphorically to mean diluting the currency in relation to the value generated by the economic domain. Anyone who has studied the subject for a while knows that QE does not literally mean running printing presses.
41
posted on
12/13/2013 8:37:53 PM PST
by
MV=PY
(The Magic Question: Who's paying for it?)
To: All
42
posted on
12/13/2013 10:11:08 PM PST
by
Errant
To: Viennacon; WorkingClassFilth
We have a time window of about 20 years the way I see it. You're ten times more optimistic than I, lol. I give it two years max with the possibility of serious signs of a second recession by spring.
43
posted on
12/13/2013 10:18:09 PM PST
by
Errant
To: Errant
the people who have done well.....the families that have done well for a few generations....have relied on debt....debt to buy the first house...to invest in the vacation home...to invest in a business....
those of us who were too chicken to extend too much are really left behind...
44
posted on
12/13/2013 10:33:07 PM PST
by
cherry
(.in the time of universal deceit, telling the truth is revolutionary.....)
To: cherry
Don’t be too sure. Many of those people are trapped in debt. Look at the rate of foreclosures in this country for verification. With QE and kicking the can, eventually everyone will suffer a tremendous decline in standard of living. This is not the time to take risks; it’s a time to protect what you have from calamity.
45
posted on
12/13/2013 10:56:16 PM PST
by
Errant
To: PATRIOT1876
I wonder if anything is left in Ft. Knox?Paper IOUs...
46
posted on
12/14/2013 3:07:46 AM PST
by
trebb
(Where in the the hell has my country gone?)
To: MV=PY
If he was sophisticated he’d use accurate words. He didn’t, so he isn’t.
47
posted on
12/14/2013 6:20:29 AM PST
by
discostu
(This is Jack Burton in the Pork Chop Express, and I'm talkin' to whoever's listenin' out there.)
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