Jimmy Obama - PowerStrokeNation : Ford Powerstroke Diesel Forum
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post #1 of 75 (permalink) Old 11-16-2011, 11:36 PM Thread Starter
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Jimmy Obama

Wow.....better start preparing for hyperinflation........

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post #2 of 75 (permalink) Old 11-17-2011, 12:35 AM
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Re: Jimmy Obama

Prepping for hyperinflation. Boy that aint no lie. Especially with Bernakes last moves

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post #3 of 75 (permalink) Old 11-17-2011, 11:08 AM Thread Starter
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Re: Jimmy Obama

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Originally Posted by Dave View Post
Prepping for hyperinflation. Boy that aint no lie. Especially with Bernakes last moves
You can call me a conspiracy theorist or an SOB....I don't really care either way....but I see the Fed holding inflation artificially in check UNTIL.....they get Obama re-elected.....then is when you better be ready........At this point...IN MY OPINION.....inflation may be the only recourse out of this economic disaster that the USSA(sic) is in......

Early '99 F250, 4X4, SuperCab, "PowerStroke", Auto,
PMT1 PCM, DP 80 tow
ISSPRO gauges
BDS front leveling kit
4" straight piped
Sinister pre-pump mod w/filter
Dick Cepek DC1 w/ Nitto Terra Grappler 325/65R18,

Annoy A Liberal....... Work Hard and Be Happy!
Please dont call me white or Caucasian. It offends me.
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post #4 of 75 (permalink) Old 11-17-2011, 01:05 PM
Yeah, it's like that
 
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Re: Jimmy Obama

We already have inflation, some people are to stupid to see it. Look at the value of the dollar. What is the value of the dollar today verus 10 years ago? On todays date in 2001 $.63 US dollars would get you $1 Canadian dollar, also $.88 US dollars would get you $1 Euro. Today that same exchange is $.98 Us dollars for $1 Canadian and it would take $1.35 US dollars to get that same $1 Euro. So we are talking needing 40-50% more US dollars to buy the same Canadian dollar or Euro.

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Entrepreneurs and their small enterprises are responsible for almost all the economic growth in the United States.
Ronald Reagan
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post #5 of 75 (permalink) Old 11-17-2011, 02:16 PM
<-- it's like that
 
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Re: Jimmy Obama

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Originally Posted by ducatirider944 View Post
We already have inflation, some people are to stupid to see it. Look at the value of the dollar. What is the value of the dollar today verus 10 years ago? On todays date in 2001 $.63 US dollars would get you $1 Canadian dollar, also $.88 US dollars would get you $1 Euro. Today that same exchange is $.98 Us dollars for $1 Canadian and it would take $1.35 US dollars to get that same $1 Euro. So we are talking needing 40-50% more US dollars to buy the same Canadian dollar or Euro.

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Valuation against foreign currency is completely different than inflation. The two are not the same, nor are they used as direct comparisons.

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post #6 of 75 (permalink) Old 11-17-2011, 02:48 PM
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Look at the price of gold, now that's a great way to gauge inflation.

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post #7 of 75 (permalink) Old 11-17-2011, 02:56 PM
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Re: Jimmy Obama

Not only that, look at the price of consumer goods (food especially)! Gasoline, diesel, kerosene etc are all up! Lumber is up in price, Fertilizer, seed etc are all up extraordinarily! That is inflation folks! We have not seen anything yet.
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post #8 of 75 (permalink) Old 11-17-2011, 03:19 PM Thread Starter
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Re: Jimmy Obama

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Originally Posted by Binderpower View Post
Not only that, look at the price of consumer goods (food especially)! Gasoline, diesel, kerosene etc are all up! Lumber is up in price, Fertilizer, seed etc are all up extraordinarily! That is inflation folks! We have not seen anything yet.
Agreed...but the Fed is keeping interest rates artificially low by manipulating the money supply....that's where the so called "sh!t is gonna hit the fan" and we will see interest rates like the Carter days......20% and higher......get ready....it's coming.....
"Save your Conferderate money boys..the South is gonna rise again"

Early '99 F250, 4X4, SuperCab, "PowerStroke", Auto,
PMT1 PCM, DP 80 tow
ISSPRO gauges
BDS front leveling kit
4" straight piped
Sinister pre-pump mod w/filter
Dick Cepek DC1 w/ Nitto Terra Grappler 325/65R18,

Annoy A Liberal....... Work Hard and Be Happy!
Please dont call me white or Caucasian. It offends me.
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post #9 of 75 (permalink) Old 11-17-2011, 03:31 PM
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Re: Jimmy Obama

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Agreed...but the Fed is keeping interest rates artificially low by manipulating the money supply....that's where the so called "sh!t is gonna hit the fan" and we will see interest rates like the Carter days......20% and higher......get ready....it's coming.....
"Save your Conferderate money boys..the South is gonna rise again"
I know and that is what I fear the most. If anyone remembers the early 80's, like I do cause of farming, you better watch out! Agriculture is gonna crash! Only then now will you see wide spread chaos. There is so much more money invovled this time around, it will not be fixable. That is why I plan to raise as much of my own food as I can and that is when I am planning on buying into the farm market, and that is why I work close with the guys I already work for on the side. I am paying off my debt as fast as I can right now and when the time comes, I will be ready to buy.
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post #10 of 75 (permalink) Old 11-17-2011, 04:31 PM
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Re: Jimmy Obama

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Originally Posted by rashole View Post
Look at the price of gold, now that's a great way to gauge inflation.
No, it's really not.

It is however, a great way to gage the effectiveness of commercials pushed by gold traders.... trying to spread panic.


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Never have so many politicians, screwed so many Americans...just to make one black person lose his job.
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