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(Peter Schiff) The Next Depression?
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He did call the recession right, we have to give him that. It is interesting that the dollar keeps going up though because it seems how ever screwed up we are everyone else is worse off. If that changes though then the US could be in big trouble. I have a great deal of respect for Peter Schiff because he's called so much right but where I think he's making a mistake here is he's claiming future Social Security obligations will cause hyper inflation but the reality is we have decades before that hits the fan and it can be easily altered just by changing how and when we pay Social Security.Last edited by Dinner; January 28, 2009, 06:43.Try http://wordforge.net/index.php for discussion and debate.
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Originally posted by Oerdin View PostI have a great deal of Peter Schiff because he's called so much right but where I think he's making a mistake here is he's claiming future Social Security obligations will cause hyper inflation but the reality is we have decades before that hits the fan and it can be easily altered just by changing how and when we pay Social Security.(\__/)
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I think he's making a mistake here is he's claiming future Social Security obligations will cause hyper inflation but the reality is we have decades before that hits the fan and it can be easily altered just by changing how and when we pay Social Security.
We don't need Social Security to spur scary amounts of inflation...
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Originally posted by Darius871 View PostCan you condense all of your next-great-depression crap to one thread please?
If you don't want to read this crap then don't.
What may be crap to you is no reason for just you to demand I stop.
I'm sorry if your having a bad day but I'm just trying to make conversation.
This is off topic.
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Originally posted by Docfeelgood View PostIf you don't want to read this crap then don't.
What may be crap to you is no reason for just you to demand I stop.
I'm sorry if your having a bad day but I'm just trying to make conversation.
This is off topic.
Anyway you really should lay off the Alex Jones elixir. It rots the brain.
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