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Sen. Tom Coburn: "We're Gonna Lose This Currency"

Sen. Tom Coburn, R-Okla., stopped by the Heritage Foundation/Breitbart.com blogger's briefing today for a solid, 35-minute talk about Congress's screw-ups. I didn't hear much news, but I was intrigued by the book Coburn recommended to conservative activists -- Currency Wars, by James Rickards.

"We're gonna lose this currency, the way we're running," explained Coburn, referring to the Fed's inflationary money strategy of the past two years. "The greatest problem with what the Federal Reserve is doing is the financial repression that will come about, because it's going to be impossible for them to sterilize this money supply. And they're pushing on a string, the more money they put into M!, M2, the slower the velocity is. When it finally comes, they won't be able to reverse it."

Continue:
http://www.slate.com/blogs/weigel/2012/05/22/tom_coburn_we_r...

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Even...

Krugman and Kramer are yelling about how the end is near. They are not warning us. They are signalling each other the game is about to start.

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~wobbles but doesn't fall down~

Currency Wars

A must read for neo-cons who just don't get it. A history lesson of the last 200 year's monetary policy.

“When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker a raving lunatic.” – Dresden James

Thanks for a bump

Coburn read it and he now tells others to read it.
People are waking up.

Perhaps we could convert many Romney delegates with this book?

LL on Twitter: http://twitter.com/LibertyPoet
sometimes LL can suck & sometimes LL rocks!
http://www.dailypaul.com/203008/south-carolina-battle-of-cow...
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

Perhaps,

but then again, one can ponder the question "If Romney delegates read at all would they even consider being a Romney delegate in the first place?" LOL In all honesty it would benefit society if they took the time to read it.

“When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker a raving lunatic.” – Dresden James

reading a book probably too much to ask LOL

Perhaps someone could create a youtube video describing book's content?

LL on Twitter: http://twitter.com/LibertyPoet
sometimes LL can suck & sometimes LL rocks!
http://www.dailypaul.com/203008/south-carolina-battle-of-cow...
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15