Comments on: Ron Paul: Trillion Dollar Deficits Will Lead To Dollar Crisis http://www.prisonplanet.com/ron-paul-trillion-dollar-deficits-will-lead-to-dollar-crisis.html Fri, 27 Nov 2009 13:32:15 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Lee http://www.prisonplanet.com/ron-paul-trillion-dollar-deficits-will-lead-to-dollar-crisis.html/comment-page-1#comment-124605 Lee Sun, 11 Jan 2009 04:59:58 +0000 http://www.prisonplanet.com/?p=5846#comment-124605 As long as we have fractional banking and the Federal Reserve we will have exponential growth of debt. Debt is the only way that money can be created in this system. Don't believe me? Do a Wiki search on money supply, or watch the video "money as debt" on you tube. As long as we have fractional banking and the Federal Reserve we will have exponential growth of debt. Debt is the only way that money can be created in this system.
Don’t believe me? Do a Wiki search on money supply, or watch the video “money as debt” on you tube.

]]> By: mark http://www.prisonplanet.com/ron-paul-trillion-dollar-deficits-will-lead-to-dollar-crisis.html/comment-page-1#comment-121880 mark Thu, 08 Jan 2009 07:24:26 +0000 http://www.prisonplanet.com/?p=5846#comment-121880 mo dollas mo slaves mo dollas mo slaves

]]> By: Good Lord http://www.prisonplanet.com/ron-paul-trillion-dollar-deficits-will-lead-to-dollar-crisis.html/comment-page-1#comment-121845 Good Lord Thu, 08 Jan 2009 05:51:58 +0000 http://www.prisonplanet.com/?p=5846#comment-121845 China and India (combined) have added over 2 billion workers to their manufacturing capabilities in the past 3 years. China alone can manufacture EVERY good the ENTIRE world would require (short of Food). The US has always depended upon manufacturing to pull us out of a deppression.....yet there has never been a time in history when you've had 3 countries with the capacity of manufacturing, competing against one another...The US has simply lost it's piece of the pie (market share) that would have traditionally pulled us out of a economic crisis.....GOOD TIMES...Anybody know how many widgetts it takes to cover a TRILLION or two at China's P&L? China and India (combined) have added over 2 billion workers to their manufacturing capabilities in the past 3 years. China alone can manufacture EVERY good the ENTIRE world would require (short of Food). The US has always depended upon manufacturing to pull us out of a deppression…..yet there has never been a time in history when you’ve had 3 countries with the capacity of manufacturing, competing against one another…The US has simply lost it’s piece of the pie (market share) that would have traditionally pulled us out of a economic crisis…..GOOD TIMES…Anybody know how many widgetts it takes to cover a TRILLION or two at China’s P&L?

]]> By: Roland Carnaby http://www.prisonplanet.com/ron-paul-trillion-dollar-deficits-will-lead-to-dollar-crisis.html/comment-page-1#comment-121832 Roland Carnaby Thu, 08 Jan 2009 05:39:02 +0000 http://www.prisonplanet.com/?p=5846#comment-121832 Oh thee of little faith, Ron Paul spoke as a hostage would. He left a few clues, Mises and Hayek. Their belief being the people can take back control at any time by refusing to use the bank. It forces illiquid assests to be declared because the bank has no assests to work with. The next best thing would be to convert all treasuries into cash and put it under the mattress. It will break them, but hopefully not your back. The only way out of this mess is for all bad debts to clear the books, a depression of 30% will be a soft landing. You cannot pump money into an economy that has a monetary velocity of below 1. Presently $1=.80; Can you profit when you spend $1 for a return of 80 cents. SENSE!!!!???? Oh thee of little faith, Ron Paul spoke as a hostage would. He left a few clues, Mises and Hayek. Their belief being the people can take back control at any time by refusing to use the bank. It forces illiquid assests to be declared because the bank has no assests to work with. The next best thing would be to convert all treasuries into cash and put it under the mattress. It will break them, but hopefully not your back. The only way out of this mess is for all bad debts to clear the books, a depression of 30% will be a soft landing. You cannot pump money into an economy that has a monetary velocity of below 1. Presently $1=.80; Can you profit when you spend $1 for a return of 80 cents. SENSE!!!!????

]]> By: M http://www.prisonplanet.com/ron-paul-trillion-dollar-deficits-will-lead-to-dollar-crisis.html/comment-page-1#comment-121702 M Thu, 08 Jan 2009 02:27:57 +0000 http://www.prisonplanet.com/?p=5846#comment-121702 In response to no one: Inventing more gadgets will not solve the problem in the long run. The problem is exactly what Ron Paul has said time and time again - The Federal Reserve System. This system needs to be abandoned and we need to take back control of our monetary system. That is the first step to solving our problems. This system requires more and more to keep it going and we'll be required to have 3-4 income earners per household just to keep the system from collapsing on itself. We're pretty much at the 3 income earner level given the average American has a negative savings rate... The system is basically falling apart at the seams... In response to no one: Inventing more gadgets will not solve the problem in the long run. The problem is exactly what Ron Paul has said time and time again – The Federal Reserve System. This system needs to be abandoned and we need to take back control of our monetary system. That is the first step to solving our problems. This system requires more and more to keep it going and we’ll be required to have 3-4 income earners per household just to keep the system from collapsing on itself. We’re pretty much at the 3 income earner level given the average American has a negative savings rate… The system is basically falling apart at the seams…

]]> By: Ben http://www.prisonplanet.com/ron-paul-trillion-dollar-deficits-will-lead-to-dollar-crisis.html/comment-page-1#comment-121608 Ben Thu, 08 Jan 2009 00:29:08 +0000 http://www.prisonplanet.com/?p=5846#comment-121608 well if you go to the heart of every matter concept, argument, action, theory, system, faith, policy anything and I mean anything it always comes down to 2 things.... are you acting out of fear? or are you acting out of the opposite of fear which is ______? _____ is the answer you fill in the blank What do you think ______ is ? well if you go to the heart of every matter concept, argument, action, theory, system, faith, policy anything and I mean anything it always comes down to 2 things….

are you acting out of fear? or are you acting out of the opposite of fear which is ______?

_____ is the answer you fill in the blank

What do you think ______ is ?

]]> By: oscar http://www.prisonplanet.com/ron-paul-trillion-dollar-deficits-will-lead-to-dollar-crisis.html/comment-page-1#comment-121550 oscar Wed, 07 Jan 2009 23:35:36 +0000 http://www.prisonplanet.com/?p=5846#comment-121550 Only a matter of time now. Even an idiot can see what's happening now. Goverment spending more is not going to help anything. I give is less than 2 years before the dollar collapses. Why can't we just learn from the soviet union? They walked down this road a while back Only a matter of time now. Even an idiot can see what’s happening now. Goverment spending more is not going to help anything. I give is less than 2 years before the dollar collapses. Why can’t we just learn from the soviet union? They walked down this road a while back

]]> By: no one http://www.prisonplanet.com/ron-paul-trillion-dollar-deficits-will-lead-to-dollar-crisis.html/comment-page-1#comment-121454 no one Wed, 07 Jan 2009 21:52:03 +0000 http://www.prisonplanet.com/?p=5846#comment-121454 What America needs, to shake this crisis off, is to become more efficient in production than China and Japan. And also come up with new products/services, which the whole world needs. Something really big and innovative, like American car industry or computer industry in the last century. But to do that, first Americans will need to lose some fat. And I don't mean that literally. I frequently hear a phrase "American worker can outwork any other worker in the world". This was true in the past, but not anymore. People need to realize, that if you earn 50K a year, you need to produce something that is worth at least 51K in that year to be efficient. But it is easier said than done of course... What America needs, to shake this crisis off, is to become more efficient in production than China and Japan. And also come up with new products/services, which the whole world needs. Something really big and innovative, like American car industry or computer industry in the last century. But to do that, first Americans will need to lose some fat. And I don’t mean that literally. I frequently hear a phrase “American worker can outwork any other worker in the world”. This was true in the past, but not anymore. People need to realize, that if you earn 50K a year, you need to produce something that is worth at least 51K in that year to be efficient. But it is easier said than done of course…

]]> By: thegaindeli http://www.prisonplanet.com/ron-paul-trillion-dollar-deficits-will-lead-to-dollar-crisis.html/comment-page-1#comment-121437 thegaindeli Wed, 07 Jan 2009 21:34:06 +0000 http://www.prisonplanet.com/?p=5846#comment-121437 Same shit...different article! Same shit…different article!

]]> By: Antifraud http://www.prisonplanet.com/ron-paul-trillion-dollar-deficits-will-lead-to-dollar-crisis.html/comment-page-1#comment-121436 Antifraud Wed, 07 Jan 2009 21:33:21 +0000 http://www.prisonplanet.com/?p=5846#comment-121436 Duh! Duh!

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