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<blockquote data-quote="ttown" data-source="post: 1310394" data-attributes="member: 2114">Actually there trying to jack up inflation at the cost of Americans.&nbsp; According to their stats&nbsp; we&#039;re right at 1% and they want 2% so they can pay back money at cheap rates.&nbsp; The real inflation numbers right now are around 8%.&nbsp; The rigged stats are by design they&#039;re trying to save their bacon! We&#039;re had inflation every year for 40 years and in 1996 terms a $1 then would take over $6 now, if that&#039;s not inflation I don&#039;t know what is.&nbsp; There&#039;s a reason that the FED&#039;s having to buy their own paper, no one else in the world wants it.&nbsp; The end game is near IMO (not only for the US).&nbsp; Look at the real estate foreclosure mess that alone will take gold to well over $1500 soon if not a couple grand. Many haven&#039;t realized that the banks may need a bigger bailout than in 2008 since they have real estate loans that aren&#039;t backed by assets. Until they do something beside print money out of thin air they don&#039;t have a solution.&nbsp; Are we better off now than 2002?&nbsp; Gold went up four fold and will continue until a real global solution is devised, maybe a world baskets of currencies will help for 5 or 10 years but all fiat is in trouble period.While were on deflation. The only things in deflation are those things like houses and stocks that were way over valued.&nbsp; That&#039;s called a correction in my book not deflation.&nbsp; What you need to live on and medical have gone though the roof.</blockquote>

[QUOTE="ttown, post: 1310394, member: 2114"] Actually there trying to jack up inflation at the cost of Americans. According to their stats we're right at 1% and they want 2% so they can pay back money at cheap rates. The real inflation numbers right now are around 8%. The rigged stats are by design they're trying to save their bacon! We're had inflation every year for 40 years and in 1996 terms a $1 then would take over $6 now, if that's not inflation I don't know what is. There's a reason that the FED's having to buy their own paper, no one else in the world wants it. The end game is near IMO (not only for the US). Look at the real estate foreclosure mess that alone will take gold to well over $1500 soon if not a couple grand. Many haven't realized that the banks may need a bigger bailout than in 2008 since they have real estate loans that aren't backed by assets. Until they do something beside print money out of thin air they don't have a solution. Are we better off now than 2002? Gold went up four fold and will continue until a real global solution is devised, maybe a world baskets of currencies will help for 5 or 10 years but all fiat is in trouble period. While were on deflation. The only things in deflation are those things like houses and stocks that were way over valued. That's called a correction in my book not deflation. What you need to live on and medical have gone though the roof. [/QUOTE]

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