Friday, March 16, 2012

Inflation? What inflation?

Billionaire Donald Trump says the U.S. economy is poised for “massive inflation” and is warning investors to take steps now to protect themselves.

In the gripping CNBC interview, Trump also told investors they should not trust official government statistics.

He even questioned the “official unemployment” numbers. “It’s over 20 percent. It’s not 8.3 percent,” Trump said. 

No kidding ... but keep listening to the media parrot the government's party line.  This way they can steal more of your money and liberty before you wake the hell up.

Have you noticed the prices of things going up fast?  I have.  Does the government acknowledge it?  Have you heard inflation is bad?   Or have you heard "inflation isn't a problem right now?"  Right, that's what I thought.

Trump also thinks skyrocketing oil prices will cripple the U.S. economy. “Right now, [oil] is at an all-time record for this time of the year, in the summer they predict $5 gasoline, maybe $6.”

Very true but it seems the consequences of these facts aren't really apparent to most folks.  The part I like best is, no matter how bad things get, many people do not realize the cause is government strangling the hell out of the economy.

But Trump isn’t the only expert warning the U.S. economy may go off the cliff. Robert Wiedemer, author of the New York Times best-selling book Aftershock, stated in a recent interview, “The data is clear, 50% unemployment, a 90% stock market drop, and 100% annual inflation . . . starting in 2012.” More with video  here:

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