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Reply #38: Thank you El Pinko. [View All]

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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-15-08 05:54 PM
Response to Reply #22
38. Thank you El Pinko.
Edited on Sat Mar-15-08 06:20 PM by girl gone mad
I think you are doing a good job explaining it. It frustrates me to see people so disconnected from the concept of inflation.

Edit: Here's Peter Schiff arguing with that dope Neil Cavuto on Fox News about this very point:

http://www.youtube.com/watch?v=hgkrtXYL5rk

Just what you said, we cannot engineer a bailout of these banks. They will fail. We are down to deciding whether that failure is going to be paid for by all of us common people via huge price hikes in our food, energy and other necessities, or by the upper class who gambled away their money chasing 20% annual returns.
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