Paul tells Manchester crowd inflation will hit 50 percent

Paul tells Manchester crowd inflation will hit 50 percent (Full Version)

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pahunkboy -> Paul tells Manchester crowd inflation will hit 50 percent (6/12/2011 9:16:05 PM)
Paul tells Manchester crowd inflation will hit 50 percent MARK HAYWARD New Hampshire Union Leader June 12, 2011 MANCHESTER — Texas congressman Ron Paul on Friday predicted that inflation will hit 50 percent in the next couple of years, thanks to the massive debt the country has accumulated. Paul, who spoke to admirers and Republican activists at a Manchester house party, said the inflation will act like default. Social Security checks will still be cut and interest payments will still be made, but the inflated dollars will allow the government to repay borrowed dollars with devalued money, Paul said. “They cannot pay the debt,” he said. “I don’t think that means you shouldn’t try and work things out, but with the size of this debt it never gets paid.” The national debt is about $14.3 trillion. Full article here

Owner59 -> RE: Paul tells Manchester crowd inflation will hit 50 percent (6/12/2011 9:22:52 PM)
Oh the hyper inflation thing again. We`ve been missing that schpeal.

Lucylastic -> RE: Paul tells Manchester crowd inflation will hit 50 percent (6/12/2011 9:45:26 PM)
Lucy tells CM that pink unicorns are free I like mine better[:D][:D][:D][:D][:D][:D][:D][:D][:D]

willbeurdaddy -> RE: Paul tells Manchester crowd inflation will hit 50 percent (6/12/2011 10:16:20 PM)
Id like to hear what he really said.

Brain -> RE: Paul tells Manchester crowd inflation will hit 50 percent (6/12/2011 10:36:27 PM)
If they don't raise the debt ceiling a lot of things could happen.

tazzygirl -> RE: Paul tells Manchester crowd inflation will hit 50 percent (6/13/2011 2:58:44 AM)
Sounds like Paul is backpeddling a bit. Paul touched on many of his popular topics, but with some softening signs. The Federal Reserve should be abolished – eventually, he said. He voted against the Republican's Path to Prosperity, but he doesn't attack it because Congressman Paul Ryan has gotten clobbered for it, he said.

flcouple2009 -> RE: Paul tells Manchester crowd inflation will hit 50 percent (6/13/2011 4:51:49 AM)
File that right there with the "gas will be $6/gallon by summer"

tazzygirl -> RE: Paul tells Manchester crowd inflation will hit 50 percent (6/13/2011 5:09:46 AM)
$6/hr? I would buy that rate.

flcouple2009 -> RE: Paul tells Manchester crowd inflation will hit 50 percent (6/13/2011 5:26:31 AM)
There I fixed it That's what I get for typing and talking to the 3 year old at the same time [sm=wiggleass.gif]

Musicmystery -> RE: Paul tells Manchester crowd inflation will hit 50 percent (6/13/2011 7:21:46 AM)
quote: Paul tells Manchester crowd inflation will hit 50 percent Paul needs to learn the difference between speculation and causal analysis. Then I'd be far more interested, even if I disagreed.

willbeurdaddy -> RE: Paul tells Manchester crowd inflation will hit 50 percent (6/13/2011 7:55:15 AM)
I listened to the speech, I didnt hear anything about 50%. Does anyone have a time on the video where he says it?

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