Moggio wrote: It is NOT possible to print $100 BILLION per month and not technically have hyperinflation.
Peter Schiff was an economic adviser to Ron Paul's unsuccessful 2008 presidential campaign.
Peter Schiff, who predicted "imminent" hyperinflation in 2009-12, concedes at the end of 2012 that hyperinflation is not here and might not get here.
He specifically says at 57 seconds that an annual rate of inflation as high as 30-40% is "technically not" hyperinflation but "inflation is pretty damn high."
Peter Schiff Tells Lauren Lyster Why Hyperinflation May Not Happen After All!
Published on Nov 27, 2012 http://youtu.be/HEzZGsrm9Ic
Moggio wrote: It is NOT possible to print $100 BILLION per month and not technically have hyperinflation.
Peter Schiff was an economic adviser to Ron Paul's unsuccessful 2008 presidential campaign.
Peter Schiff, who predicted "imminent" hyperinflation in 2009-12, concedes at the end of 2012 that hyperinflation is not here and might not get here.
He specifically says at 57 seconds that an annual rate of inflation as high as 30-40% is "technically not" hyperinflation but "inflation is pretty damn high."
Umm, dipshit...Schiff states, "...probably not...", not, "...technically not...", when referring to what you're claiming he's referring to. And that's of course because there's no absolute definition of hyperinflation.
DEATH ROW BLOW JOB wrote:Peter Schiff Tells Lauren Lyster Why Hyperinflation May Not Happen After All!
Published on Nov 27, 2012 http://youtu.be/HEzZGsrm9Ic
You do realize he's talking about the ARTIFICIALLY manipulated OFFICIAL inflation rate and NOT the REAL inflation rate (which nobody knows for sure exactly what it is right now), right?
Last edited by Moggio on Tue Jun 04, 2013 11:09 pm, edited 1 time in total.
ONE NATION UNDER SOCIALISM
Because of Obamination's spending & socialist BS, America and much of the world will endure one of the worst depressions in history in 5...4...3...2...
Because of Obamination's spending & socialist BS, America and much of the world will endure one of the worst depressions in history in 5...4...3...2...
