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horgad
1000+ Penny Miser Member
USA
1641 Posts |
 Posted - 07/10/2008 : 09:49:42
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I wonder if this dude has started hoarding pennies yet?
"Every breath you take"
"Every change of rate"
"Jobs you don't create"
"While we still stagflate"
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Note: It threw my a bit when they start singing about CBS, but the video was made by and features the Dean of the Columbia Business School...
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 07/10/2008 : 17:32:27
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And to think when I saw the title I thought you were just going to post Helecopter's speech.  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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swusc
Penny Hoarding Member
USA
553 Posts |
Posted - 07/10/2008 : 22:52:10
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yea that was made back in 2006. I dont think they are a fan of old ben
-SWUSC |
`Everybody is ignorant. Only on different subjects.' Will Rogers
"This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the "hidden" confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard." Alan Greenspan, 1966. |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 07/10/2008 : 23:37:22
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| And who said economics was boring, and economists even more boring. Clearly a must see video! |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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horgad
1000+ Penny Miser Member
USA
1641 Posts |
Posted - 07/11/2008 : 07:17:14
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quote:
Originally posted by swusc
yea that was made back in 2006. I dont think they are a fan of old ben
-SWUSC
It is pretty impressive that he correctly made the stagflation call back in 2006. Most of the people I was listening to were still fighting over whether we were heading into an "old-school" deflationary depression or heading into an high speed inflationary spin-out. Turns out both sides were partially right and we are getting to "enjoy" some of each... |
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horgad
1000+ Penny Miser Member
USA
1641 Posts |
Posted - 07/11/2008 : 07:20:55
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quote:
Originally posted by HoardCopperByTheTon
And to think when I saw the title I thought you were just going to post Helecopter's speech.
Yeah, that guy is always good for a laugh. They should give him a weekly sitcom on FOX. |
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swusc
Penny Hoarding Member
USA
553 Posts |
Posted - 07/11/2008 : 12:03:32
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what happens if FNM and FRE have to be bailout out by the government. That make all this other stuff look like a walk in the park. Including off balance sheet items, they have around $5 trillion in debt between the two of them. That is a little over have the current U.S. national debt. I am hoping very little of that $5 trillion is actually going to go bad. They basically buy mortgages and repackage them to investors... they sign off on them in the process, so they are on the hook to the investors.
-SWUSC |
`Everybody is ignorant. Only on different subjects.' Will Rogers
"This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the "hidden" confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard." Alan Greenspan, 1966. |
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swusc
Penny Hoarding Member
USA
553 Posts |
Posted - 07/11/2008 : 14:57:18
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You must be logged in to see this link.
I can't remember who said it. They said they wanted to be Fed Chairmen during a Kondratieff Winter. They said that the Federal Reserve could print/lend enough money to overcome it.
Well, we might get a chance to see if they are right.
-SWUSC |
`Everybody is ignorant. Only on different subjects.' Will Rogers
"This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the "hidden" confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard." Alan Greenspan, 1966. |
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 07/12/2008 : 10:06:32
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| That was very well done and had me laughing out loud a few times. |
My hobby: collecting real money 1 copper cent or nickel at a time.
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swusc
Penny Hoarding Member
USA
553 Posts |
Posted - 07/19/2008 : 16:35:19
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| You must be logged in to see this link. |
`Everybody is ignorant. Only on different subjects.' Will Rogers
"This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the "hidden" confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard." Alan Greenspan, 1966. |
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Gr33nday43
New Member
Uzbekistan
10 Posts |
Posted - 07/20/2008 : 00:27:39
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quote:
Originally posted by CoinHunter53562
That was very well done and had me laughing out loud a few times.
Seconded. |
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