tag:blogger.com,1999:blog-20377909.post2792608056041824115..comments2024-02-26T08:05:58.174-08:00Comments on ECONOMICROT: Get out of US Dollars or perish with the middle class!Randyhttp://www.blogger.com/profile/09221346085089343469noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-20377909.post-17562726449550365632009-02-12T19:24:00.000-08:002009-02-12T19:24:00.000-08:00Arth Laffer! Seriously. This is the same guy who s...Arth Laffer! Seriously. This is the same guy who sat next to Peter Schiff two years ago and said our economy was sound and has no problem. What a clown.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-45538183385850728342009-02-09T22:56:00.000-08:002009-02-09T22:56:00.000-08:00Moneysupply may have risen sharply but this money ...Moneysupply may have risen sharply but this money isn't flowing into the economy (yet). Banks are keeping this money on their balancesheets. They aren't lending anymore. They are repairing their balancesheets with this money. The moment this money is flowing into the US economy, then inflation will get a change. It could be very likely that this money sitting in the banks will be (partially) destroyed in a bankruptcy of a bank. On top of that consumers are borrowing a lot less.<BR/>Yes, inflation will go through the roof but NOT now but somewhere in the future.Anonymousnoreply@blogger.com