Trump Warns ‘Massive Inflation’ Coming, Prepare

http://www.moneynews.com/StreetTalk/Trump-warns-massive-inflation/2012/03/13/id/432355?PROMO_CODE=E67B-1&fb_source=message

"Wiedemer’s predictions come true, ARE YOU PREPARED?" He just wants to sell books!

There could be inflation, but the price of oil is caused by speculation. This is a false information and it the price of oil will fall. Citizens will not let it go much past $4 per gallon.

The price of housing and wages are still in the deflation mode thanks to the high unemployment rate.

Trump is sickening - the worst of the worst. He could at least exercise a little humility. Here's a guy who inherited his wealth, but still didn't get it right until the 4th bankruptcy. The aristocrats have rewritten the laws in their favor so they can't lose, while the average working stiff recognizes too late that his/her health insurance policy doesn't cover much, and must forfeit nearly everything in a bankruptcy filing. I'm surprised they didn't bring back debtors' prisons.

Trump warns massive inflation coming????
Maybe I've been around too long, but the average American has been getting screwed for over 30 years - the implementation of supply side, trickle down economics has put the theft on steroids. Most of us are nothing more than surfs who are here to support the royals - they need our work and the blood of our kids to accomplish their goals. For that, they diligently conspire
among themselves to figure new ways to transfer everything to the top, and use billions in public relations and Hollywood to spin us into total ignorance. I'm amazed at how easily they accomplish this considering there has never been a time in history where people had better access to information contrary to their "conventional wisdom" which serves thier psychopathic agenda - a modern day Ministry of Propaganda. In addition, the working class must organize and shift the class paradigm altogether. This isn't something that's just beneficial for the human condition, but currently, the future for all living things. The planet cannot sustain the ravage that's currently destroying whole ecosystems which all forms of life depend upon for survival.

Fascist countries - those where corporations run the government as Mussolini suggested, work hard to create conditions where workers outnumber job availability. This scenario guarantees that they
will be willing to work long hours for less money, without benefits and scared to death that they'll lose their job if they have one. Also, if you recall, legislation was passed in 2004 which severely limited the ability for certain employees to receive overtime. After the engineered downturn, those who were retained worked double the hours for the same salary, while wage suppression was further increased by outsourcing and the insourcing of immigrant labor. It's no wonder the employed resent the unemployed, but their resentment is misplaced as nobody can honestly think that the unemployed actually enjoy "sitting around" watching everything they've worked their entire lives for disappear. This is extraordinary torture and has changed me forever. I'll never again support the sham capitalist agenda. While companies are realizing record profits, pundits are suggesting that the reason is primarily due to "increased productivity", ignoring the workforce that now performs for two or more. Eighty hour weeks for most, while the media tell us companies "lack confidence" in the economy??? This is insulting. Obviously this is a windfall for Wall Street - they don't have to hire any new help or pay any benefits since those they do hire will be considered part-time or contractors. Don't you think Congress should lower the corporate tax rate and eliminate the regulation that repeatedly stalls or limits their business pursuits? "Our" representatives' first "order of business" should be to relieve the mind numbing pain that these poor transnationals are experiencing at all costs.

You should get paid for that posting! Nobody couldn't of said it any better. I agree with it totally!

We are in a Feudal State. Instead of going to debtor's prison where they must feed you. You are now homeless after the Banksters steal your house. It can even be a mistake, BOA loves it.

TR11005 wrote:
The price of housing and wages are still in the deflation mode thanks to the high unemployment rate.

Note that it is quite possible to have asset deflation (e.g. falling home prices) and monetary inflation (e.g. rising food prices) at the same. This is the worst combination and is exactly what happened during the 70s.

Price inflation comes from an increase in the supply of money, not from workers demanding higher wages. You can definitely have increasing prices with falling (or stagnant) wages.

Thanks for reminding about that. That is definitely true about our wages the last 30 years being stagnant. I bought my first home during the rececession of the early 80's with high inflation and high interest rates. I did get a very low price.

Price inflation comes from an increase in the supply of money

This is how the government steals even more money from us - the FED's quantitative easing programs explained - this is classic:
http://www.youtube.com/watch?v=PTUY16CkS-k

Why would you believe Ttrump any more. He supports Romney.

The only thing that is really inflated is his ego.

One strong wind and his rug flies off!

He still thinks Obama is a Moslem and has no US birth certificate.

Trump program should of been called. Big Loser.

RoseAnne was right about you!

Is it true that they call you pencil dxck.

That video is very good, sraney. Explains the FED and why there is inflation other than people's ego.