Much of the World has been there and done that, and therefore they don’t like 0bamanomics, and, the World’s major economies are expanding, in spite of, rather than because of the US …
I had a long talk with my real estate agent about hyperinflation in Germany in the 20s, and its implications now, and I am convinced this is a bunch of hooey.
economics 101 taught the “old math” way, shows that the federal government and the executive branch have been concentrating on the opposite of common sense policy to let the ecomony correct itself!
and there are instances of national hyperinflation in very recent years….with examples of what could now happen in the USA.
Even the Bible predicts a day in our future, now nearer than ever before, where a day’s work will buy one loaf of bread and the gold and silver and precious metals will be unusable to buy and sell, in a “new” world system of banking credits and debits will be the exclusive method of commerce! A real “cashless” society!
Along with the “human errors” that produce the monetary mess, God will allow nature to bring famines and an increasingly unstable earth…..at least for the few years of the Bible’s “Great Tribulation”…..and the total failure of human government……Bible believers know that faith and trust in God is the only way to survive those troubles;
paving the Way for the Second Coming of Yeshua Messiah….and His 1,000 years of Peace and Prosperity!
Having “the economy correct itself” means plunging the country into a depression, with starvation, loss of US leadership in a number of areas, and so forth. Obama has helped stabilize the economy to avoid that. Common sense? At what cost?
Hyperinflation: “Definitions used vary from the International Accounting Standards Board´s a cumulative inflation rate over three years approaching 100% (26% per annum compounded for three years in a row) to Cagan´s (1956) “inflation exceeding 50% a month.” [2] As a rule of thumb, normal monthly and annual low inflation and deflation are reported per month, while under hyperinflation the general price level could rise by 5 or 10% or even much more every day.” We are LIGHT YEARS away from such a thing. It’s nonsense.
The Bible is your source on modern economic theory? But you seem to be willing to abandon the poor and sick. What would Jesus say?
CorosiveFrog Premium Member over 13 years ago
What if someday the US dollar falls?
Nothing lasts forever.
petergrt over 13 years ago
Much of the World has been there and done that, and therefore they don’t like 0bamanomics, and, the World’s major economies are expanding, in spite of, rather than because of the US …
rockngolfer over 13 years ago
I had a long talk with my real estate agent about hyperinflation in Germany in the 20s, and its implications now, and I am convinced this is a bunch of hooey.
disgustedtaxpayer over 13 years ago
economics 101 taught the “old math” way, shows that the federal government and the executive branch have been concentrating on the opposite of common sense policy to let the ecomony correct itself!
and there are instances of national hyperinflation in very recent years….with examples of what could now happen in the USA.
Even the Bible predicts a day in our future, now nearer than ever before, where a day’s work will buy one loaf of bread and the gold and silver and precious metals will be unusable to buy and sell, in a “new” world system of banking credits and debits will be the exclusive method of commerce! A real “cashless” society!
Along with the “human errors” that produce the monetary mess, God will allow nature to bring famines and an increasingly unstable earth…..at least for the few years of the Bible’s “Great Tribulation”…..and the total failure of human government……Bible believers know that faith and trust in God is the only way to survive those troubles; paving the Way for the Second Coming of Yeshua Messiah….and His 1,000 years of Peace and Prosperity!
Motivemagus over 13 years ago
disgusted:
Having “the economy correct itself” means plunging the country into a depression, with starvation, loss of US leadership in a number of areas, and so forth. Obama has helped stabilize the economy to avoid that. Common sense? At what cost? Hyperinflation: “Definitions used vary from the International Accounting Standards Board´s a cumulative inflation rate over three years approaching 100% (26% per annum compounded for three years in a row) to Cagan´s (1956) “inflation exceeding 50% a month.” [2] As a rule of thumb, normal monthly and annual low inflation and deflation are reported per month, while under hyperinflation the general price level could rise by 5 or 10% or even much more every day.” We are LIGHT YEARS away from such a thing. It’s nonsense. The Bible is your source on modern economic theory? But you seem to be willing to abandon the poor and sick. What would Jesus say?