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Paul tells Manchester crowd inflation will hit 50 percent - 6/12/2011 9:16:05 PM   
pahunkboy


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Status: offline 		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
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RE: Paul tells Manchester crowd inflation will hit 50 p... - 6/12/2011 9:22:52 PM   
Owner59


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Status: offline 		Oh the hyper inflation thing again.

We`ve been missing that schpeal.

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RE: Paul tells Manchester crowd inflation will hit 50 p... - 6/12/2011 9:45:26 PM   
Lucylastic


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I like mine better

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RE: Paul tells Manchester crowd inflation will hit 50 p... - 6/12/2011 10:16:20 PM   
willbeurdaddy


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Status: offline 		Id like to hear what he really said.

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RE: Paul tells Manchester crowd inflation will hit 50 p... - 6/12/2011 10:36:27 PM   
Brain


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Status: offline 		If they don't raise the debt ceiling a lot of things could happen.

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RE: Paul tells Manchester crowd inflation will hit 50 p... - 6/13/2011 2:58:44 AM   
tazzygirl


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Status: offline 		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.



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RE: Paul tells Manchester crowd inflation will hit 50 p... - 6/13/2011 4:51:49 AM   
flcouple2009


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Joined: 1/8/2009
Status: offline 		File that right there with the "gas will be $6/gallon by summer"

< Message edited by flcouple2009 -- 6/13/2011 5:23:40 AM >

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RE: Paul tells Manchester crowd inflation will hit 50 p... - 6/13/2011 5:09:46 AM   
tazzygirl


Posts: 37833
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Status: offline 		$6/hr? I would buy that rate.

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Telling me to take Midol wont help your butthurt.
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Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

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RE: Paul tells Manchester crowd inflation will hit 50 p... - 6/13/2011 5:26:31 AM   
flcouple2009


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Status: offline 		There I fixed it

That's what I get for typing and talking to the 3 year old at the same time




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RE: Paul tells Manchester crowd inflation will hit 50 p... - 6/13/2011 7:21:46 AM   
Musicmystery


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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.

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RE: Paul tells Manchester crowd inflation will hit 50 p... - 6/13/2011 7:55:15 AM   
willbeurdaddy


Posts: 11894
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Status: offline 		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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