Thursday, August 4, 2011

Wall Street Bond Traders are Warning Treasury on Dollar Reserve Status

EPJ's Bob English has the details, here.

If there is a serious flight out of the dollar, the price inflation the United States will face will be the mother of all price inflations.

4 comments:

  1. Didn't that "crazy," "kooky," "dangerous," "out there," "fringe," "nutty" RON PAUL predict this?

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  2. Actually, yes, Ron Paul DID predict this -- in spite of the fact that no rational economist could have possibly KNOWN this in advance.

    Hmmmmm....

    HE'S A WITCH! BURN HIM! BURN HIM!

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  3. Peter Schiff 2006 Mortgage bankers speech. He told us how the sub primes were going to melt the housing markets and then near the end of the speech he tells of the real problem.The dollar and inflation.

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  4. He said exactly what happened and what's to come in this 2001 speech:

    http://www.youtube.com/user/RonPaulClassics#p/u/107/KONpt9a6HrI

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