tag:blogger.com,1999:blog-21123853.post7605025681286416130..comments2024-02-12T04:30:53.556-05:00Comments on Tim White Listens: Props for Senator Dodd! Ending the Fed's regulatory roleTim Whitehttp://www.blogger.com/profile/16588518063096822071noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-21123853.post-58286849220632362322009-11-12T16:38:49.766-05:002009-11-12T16:38:49.766-05:00Why does anyone listen to Greenspan?
He is one of...Why does anyone listen to Greenspan?<br /><br />He is one of the chief acrhitects of the housing bubble, never saw it coming, and surprised him that Bush's house of cards collapsed.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-21123853.post-26031771109700682592009-11-12T10:27:16.488-05:002009-11-12T10:27:16.488-05:00Western Civ,
You hit the nail on the head; it is ...Western Civ,<br /><br />You hit the nail on the head; it is the politicians that are the problem. And the problem is that the goverment/politicians do not see themselves as the problem. Lets watch the politicians blame everyone else but themselves.mcjkhttps://www.blogger.com/profile/17035723860045833878noreply@blogger.comtag:blogger.com,1999:blog-21123853.post-53543620427402326192009-11-12T08:37:03.127-05:002009-11-12T08:37:03.127-05:00Fascinating that Greenspan, Mr. Central Bank himse...Fascinating that Greenspan, Mr. Central Bank himself, speaks of returning to the gold standard "to restrict the amount of money that is printed ... because all of history suggests that inflation will take hold" by the relentless printing of paper "fiat money".<br /><br />Too bad he didn’t say this 10 or 20 years ago. It may already be too late to prevent hyper-inflation at 20%, 50%, 100%, or more annually.<br /><br />Each American now owes an average of over $250,000 in government debt and unfunded obligations. That's over $1 Million per family of four, thanks to decades of both Dem and Rep big spenders in Washington.<br /><br />The economy will never grow its way out, and hyper-inflation will likely happen sooner than later.<br /><br />The politicians are hopelessly addicted to printing fiat ‘stimulus’ money. Individuals are well advised to increase their positions in gold and other hard assets.WesternCivnoreply@blogger.com