Turbo Mouth/New slant on Federal Reserve

Discussion in 'Markets & Economies' started by errol43, Sep 26, 2013.

  1. errol43

    errol43 New Member Silver Stacker

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    I like to see some SS members asking the ? :)

    seems like Ben is a good guy..Derivatives ? What Derivatives? :)


    Regards Errol 43[youtube]http://www.youtube.com/watch?v=w0qvLwOO8K4[/youtube]
     
  2. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    I stopped watching at 38 minutes 14 secs

    He says " grateful to Ben Bernanke and his colleauges for keeping things from getting worse!" :rolleyes: (WTF) :lol:
     
  3. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    On a new slant... I saw some comments on ZH the other day about how printing $40B + $40 = $80B/Month or close to $1T per year
    meaning currency supply in the US is doubling every 5 years
    or they're losing ~5% purchasing power every 30 days.

    Haven't checked the maths... anyone care to give it a shot?
     
  4. errol43

    errol43 New Member Silver Stacker

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    Don't blame you.. What a snake oil salesman this fellow is. If his book is like his lecture I don't think he will sell too many books. :lol:

    Regards Errol 43
     

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