We May Have A Inflationary Depression, Says Rep. Paul
Presidential Candidate and Rep. Ron Paul Fears U.S. Could Have A
Inflationary Depression
( Video below)
With the Federal Reserve reporting on inflation being lower than it
really is and destroying the value of the dollar by causing inflation,
there is very little faith in what the Federal Reserve says amongst
most economists today -- unless you watch the bought and paid for
puppets on Fox News, who are actually paid to give a positive analysis
on the economy so that they don't promote any fear. However, with the
central banks losing billions of dollars thus far, there is already
much fear within markets around the world. Rep. Paul touched on this
topic on Wednesday when he literally schooled Fed Chairman Ben
Bernanke on the dying dollar. On Fox News Business today, Paul went so
far as to say that we could even have a inflationary depression; we're
already in a recession( because the U.S. GDP figures are notoriously
unreliable) .
"If we're not careful it's gonna be a lot worse this time because
now we're in so much greater debt than ever before and our productive
jobs are overseas, so we've become dependent on a consumer lead
economy from barrowed money, so we're not only going to have
stagflation but we may have a inflationary depression; it could be
world wide because right now this economic and monetary system is more
global than ever before..."
Paul then went on to say that we're in "uncharted territory"
and that we've never been in a situation as bad, where the world has
been engulfed in "fiat currencies."
Ron Paul is the first congressman to say that we could have a
deflationary depression. Nevertheless, you won't hear any truth out of
a network that is too scared to say the word 'recession.'
Stephen Hyland of Rebels of America Blogspot
http://www.youtube.com/watch?v=0EZeNulOz9E
http://ronpaul.meetup.com/211/pages/Ron_Paul%3A_Bernanke_Deliberately_Destroying_Dollar/
ALL KNOW it was an inside job,
they're in forced denial, and they just refuse to believe that their
leaders would execute them for profit and geo political maneuvering.
It’s called cognitive disassociation, its nothing really
complicated. Its just simple denial to keep them in a safe comfortable
bubble
"If there is a decay of conscience, the pulpit is responsible for
it. If the public press lacks moral discernment, the pulpit is
responsible for it. If the church is degenerate and worldly, the
pulpit is responsible for it. If the world loses its interest in
Christianity, the pulpit is responsible for it. If Satan rules in our
halls of legislation, the pulpit is responsible for it. If our
politics become so corrupt that the very foundations of our government
are ready to fall away, the pulpit is responsible for it." famed
Nineteenth Century revivalist Charles G. Finney
"Indeed
I tremble for my country when I reflect that God is just.":
Thomas Jefferson: "The man who reads nothing at all is better
educated than the man who reads nothing but newspapers."
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