"I can’t help remembering Bob Hoye’s constant refrain that when the global economy runs into trouble, the senior currency gets stronger. Why so? Bob reasons that debt is really a 'dollar short' position. When the debt has to be repaid, everyone scrambles to sell assets and buy dollars to answer the call of margin clerks."
Wow that was good. I liked how Steve Forbes and Peter Schiff were going back and forth. Forbes is still propping up the illusion of our economy clearly.
Don't Steve Forbes and George Gilder have egg on their faces now!
_________________________________________ http://www.youtube.com/wa...
"Not armies, not nations, have advanced the race; but here and there, in the course of ages, an individual has stood up and cast his shadow over the world."
"debt is really a 'dollar short' position"
"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." Benjamin Franklin
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Inflate Or Financial Tsunami by JayTaylor
http://www.gold-eagle.com...
In the article, Jay Taylor wrote,
Wow that was good. I liked
Wow that was good. I liked how Steve Forbes and Peter Schiff were going back and forth. Forbes is still propping up the illusion of our economy clearly.
Well.... this is clearly a vid from a while ago....
Don't Steve Forbes and George Gilder have egg on their faces now!
_________________________________________
http://www.youtube.com/wa...
"Not armies, not nations, have advanced the race; but here and there, in the course of ages, an individual has stood up and cast his shadow over the world."