TRIPLED!!!

And it all started when Dems were in control of Congress. Look over history and see who was in control when this happened.

Also look at the boom of social spending. FDR’s was hidden in the debt of the war. Johnson forward, social debt. Democrats keep racking up social bills.

Health care and cap and trade will add to the debt for generations and they are not Bush’s fault but keep believing that Darrel.

You cute with the tin foil…

It will happen next year. I have said double digit not a specific number.

I know you all think the Fed can keep it in check. That is what they thought EVERY other time we had high inflation.

Just watch.

Darrel, the chart you provide means nothing because it cannot tell you what will happen next year which is when I said it will happen.

DAR
“ibid” is not a “source.” Note:

“ibid” is short for ibidem, Latin for “in the same place.” It’s an expression used in bibliographies when authors repeatedly cite the same source.”

Bigd: “how do you explain the continued deficits when liberals raise taxes?”>>

DAR
Note:

“The only presidents to add to the debt since WWII have been Reagan, GHW Bush and GW Bush: http://zfacts.com/p/480.html

“All other presidents since WWII have contributed nothing to the Gross Federal Debt,…”

This will change with Obama. Why? He is paying for Bush disasters and profound fiscal irresponsibility.

And look at that Obama DOW eh? Up 4,000 since spring. What a guy.

D.

DAR
Bigd has been predicting a big inflation problem since the moment Obama was elected (I checked).

This chart shows how his accuracy is going so far:

http://www.tradingeconomics.com/Economics/Inflation-CPI.aspx?symbol=USD

D.

You ignore the Fed’s ability to take money back out of circulation. It’s not perfect but it is what it is.

“These Negroes, they’re getting pretty uppity these days and that’s a problem for us since they’ve got something now they never had before, the political pull to back up their uppityness. Now we’ve got to do something about this, we’ve got to give them a little something, just enough to quiet them down, not enough to make a difference. For if we don’t move at all, then their allies will line up against us and there’ll be no way of stopping them, we’ll lose the filibuster and there’ll be no way of putting a brake on all sorts of wild legislation. It’ll be Reconstruction all over again.”

American Thinker

Just give them a little something something so they will feel appeased and we can keep them on the plantation…

The Fed controlling things is one of the reasons for the problem.

The Fed, BTW, is unconstitutional. Congress gave away its Constitutional power.

My point about printing money is that it is not the same as in Germany since we back it with bank loans and T-bills which is something you point out in your quotes as well. Your first quote talks about it being an entry on a balance sheet but even that is backed by a bank loan which the quote simply points out is no longer an overnight deal but has been extended many days sometimes.

We won’t see hyperinflation because the Fed has ways of controlling it. It would take 50%+ inflation to be at that stage. Some form of inflation is always an option though since the amount of money Fed can take from circulation depends on changing interest rates and other wonkish stuff beyond my understanding at this point.

You often speak of an apology I will owe you but at what level of inflation would that be due?