The Easiest Inflation Lesson EVER - Courtesy of Disney's Duck Tales

Doesn't get anymore simple than this, folks!

This is pretty much what you can expect if we allow the government to keep bailing everyone out with money they don't have.

Thanks Paul. That was great!!

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" Under capitalism, man exploits man. Under communism it's just the opposite. " ~ John Kenneth Galbraith
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That was outstanding Paulitics. Thanks.

Brian

Well there you have it--When do you think they will break the news to everyone ?
You know I bet some people have traded off their funny money for stuff that has real value. You think ?

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"Some men eventually stumble over the truth but they usually pick themselves up and walk on as if nothing ever happened."
-Winston Churchill

"In religion and politics, people's beliefs and convictions are in almost every case gotten at second-hand, and without examination, from authorities who have not themselves examined the questions at issue, but have taken them at second-hand from other non-examiners, whose opinions about them were not worth a brass farthing." -Mark Twain

LOL, yeah I've traded away some of it. But all one need do is look at the precious metals market for their answer. Gold around or over $900 for almost a year now. That tells you RIGHT THERE.

I'm glad some were able to get a kick out of this. I remember this episode too, as I never missed a Duck Tales episode when I was a kid.

Pretty sad that Huey, Duey, and Luey get it, but most human beings DON'T.

Too many politicians throwing smoke and mirrors and too many partisan hacks that put party before reality.

__________________
"Some men eventually stumble over the truth but they usually pick themselves up and walk on as if nothing ever happened."
-Winston Churchill

"In religion and politics, people's beliefs and convictions are in almost every case gotten at second-hand, and without examination, from authorities who have not themselves examined the questions at issue, but have taken them at second-hand from other non-examiners, whose opinions about them were not worth a brass farthing." -Mark Twain

Thanks for posting that, Paul. I just emailed a link of that clip to all 7 of our kids so they can play it for their kids. I was thinking about emailing it to my House Rep but, I doubt that he’d take the time to watch it or acknowledge that he did.

Ahhh screw it, I’m gonna sent it to him anyway.

The way I see it, this event could go one of two ways...hyperinflation or hyperDEflation.

Hard to know how to protect yourself, given those choices, isn't it?

The gun queers may not be so queer after all. eh?

You protect yourself both ways (meaning holding both cash and precious metals).

And in fact (and quite conveniently), even though we are experiencing net deflation right now, physical gold and silver prices are very strong at present. Investors are flocking to it as a safe haven. The price of paper Gold and Silver has completely disconnected from the price of physical Gold and Silver. And we have shortages in retail Gold and Silver because of this phony price in paper Gold and Silver (even more pronounced with Silver).

Brian