- This topic has 9 replies, 8 voices, and was last updated 16 years, 8 months ago by GoUSC.
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September 19, 2007 at 7:59 AM #10342September 19, 2007 at 8:33 AM #85168LookoutBelowParticipant
Peter Schiff is a breathe of fresh air and sanity…..he is 100% RIGHT ….Just wait !
September 19, 2007 at 10:15 AM #85187crParticipantI love it – people don’t care what’s true, they just want to hear what they want hear.
Recession/Election ’08
September 19, 2007 at 10:25 AM #85191Pasadena BrokerParticipant‘…inflation numbers might be higher but we have to live with the official numbers…’
What a classic, shot myself in the foot response.
September 19, 2007 at 10:47 AM #85195kewpParticipantI love this rationale…
“We *have* to trust the government numbers”
Wonderful! I’ll be sure to remember that when gas and milk are $6 a gallon.
September 19, 2007 at 11:28 AM #85196poorgradstudentParticipant“I’m long gold, I’m long oil, I’m long foreign stocks, and I’m short the dollar”.
Sounds smart.
September 19, 2007 at 12:05 PM #85199lonestar2000Participant“We *have* to trust the government numbers”
“Wonderful! I’ll be sure to remember that when gas and milk are $6 a gallon.”
And $50,000 for a toilet seat! – (shameless Independence Day quote)
September 19, 2007 at 3:09 PM #85217crParticipantI’m going to get those inflation numbers and go to the stores and demand those prices!!
September 19, 2007 at 8:30 PM #85247kewpParticipantWas anyone else bothered by the talking head lady that didn’t seem to even know what inflation was?
September 20, 2007 at 9:47 AM #85284GoUSCParticipantkewp I know what you mean. It amazes me some of the things that came out of these people’s mouths. Not one of them address the basic premise that Peter made. The consumer is overtapped, we have borrowered more than we can pay back, our economy is faltering, and now our dollar is under extreme pressure.
Where is Volcker when you need him!?!?!?
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