Max Keiser’s new plan “TEAR UP YOUR DOLLARS!”

Discussion in 'Economics & Trade' started by DA60, Oct 3, 2011.

  1. DA60

    DA60 Banned

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    [ame="http://www.youtube.com/watch?v=b9lCN0YIkN4&feature=player_embedded"]Max Keiser's new plan "TEAR UP YOUR DOLLARS!" - YouTube[/ame]
     
  2. DA60

    DA60 Banned

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    Interesting.

    Not saying it's right or wrong.

    But interesting.
     
  3. bacardi

    bacardi New Member

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    thats all fiat money has is confidence....once thats gone there is nothing left. Also once confidence is gone is when hyper-inflation sets in!
     
  4. Landru Guide Us

    Landru Guide Us Banned

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    Don't tear up your dollars -- send them to me. I'll take them and dispose of them in more appropriate ways -- by buying things.
     
  5. bacardi

    bacardi New Member

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    you totally missed the point of that video!
     
  6. Whaler17

    Whaler17 Well-Known Member

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    And send them quick right? Cause they buy less and less the longer Obama is in office!!!
     
  7. Landru Guide Us

    Landru Guide Us Banned

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    So you think inflation is high?

    BWHAHHAHAHAAHAHA. Another totally delusional Bagger.
     
  8. bacardi

    bacardi New Member

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    only a fool believes the 1% that Bernacke says it is! :)
     
  9. DA60

    DA60 Banned

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    Actually, the CPI is 3.8 and has more then tripled in a year.

    And the CPI is a joke anyway.

    The CPI says that a computer can go up in price, but counts it as going down in price because of expected added efficiency.

    Okaaaaaay.

    Here is an idea - why don't you CPI people put out your 'adjusted' numbers AND put out the ACTUAL numbers and let the public decide which one they want to follow?
     
  10. bacardi

    bacardi New Member

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    yup......use the same basket of goods used in 1980! PS....then you get an inflation rate of 9%......now we can't have that can we? :)
     
  11. Landru Guide Us

    Landru Guide Us Banned

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    Oh I get it, you only look at volatile energy and food prices when they go up. You dismiss when the go down.

    Not very useful.
     
  12. bacardi

    bacardi New Member

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    let me know when gasoline goes back to $1.50 per gallon :)
     
  13. MaxGeorgeDicksteinXXXI

    MaxGeorgeDicksteinXXXI New Member

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    At OWS, some people are planning on tearing up dollars and throwing it in the marches like confetti.

    If it weren't illegal, I would be doing so as well :mrgreen:
     
  14. bacardi

    bacardi New Member

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    I guess the name of the game is confidence. Once people lose confidence in the currency it collapses like it did in Argentina and in Wiemar Republic.
     
  15. Wildjoker5

    Wildjoker5 Well-Known Member

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    Well, if they would count it, and report the amount to the FED, maybe the strength of the dollar will go back up?
     

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