02-28-2011, 08:19 PM
QE3 will come along...
The debt ceiling will be raised....
States and municipalities will start to default ...
It is going to be very hard to unwind the stimulus as is, inflation is creeping in everywhere now. Its not like back in the 80s when to stop inflation Volker raised interest rates. Variable rate mortgages and interest on the debt pretty much sealed that option off.
$50 Silver by June
$1600 Gold to match.
The debt ceiling will be raised....
States and municipalities will start to default ...
It is going to be very hard to unwind the stimulus as is, inflation is creeping in everywhere now. Its not like back in the 80s when to stop inflation Volker raised interest rates. Variable rate mortgages and interest on the debt pretty much sealed that option off.
$50 Silver by June
$1600 Gold to match.