Comment

The Creationist in Charge of Texas Education

351
3 wood3/09/2009 5:20:00 pm PDT

re: #343 Truck Monkey

If the market throws in the towel on The Obamessiah does that mean it will flounder and stay between 3000 and 5000 for the next 4 years? Also, with the rapid growth of the money supply, when do you see the a deflationary period turn into a Hyper inflation?

Oh, and lastly, what color wheel barrel do you recommend I get for carrying cash to the grocery store for bread and milk purchases?

I put it at better than 50% at this point that the market will get another major sell off and the Dow will drop clsoe to 5,000 and stay there for a long time due to the capital gains taxes that are going to go up. No reason to take the risk.

The inflation is already starting to show up a bit here and there. I think you will see double digit inflation, between 15% and 20%, within 24 months. Maybe 12 months.