I love how Ron Paul is considered an economics guru by his supporters when pretty much every prediction he has made since 2007 has been proven wrong. At what point do you reassess the track record and change your opinion?
I love how Ron Paul is considered an economics guru by his supporters when pretty much every prediction he has made since 2007 has been proven wrong. At what point do you reassess the track record and change your opinion?
what predictions
by that logic you are assuming that we are going to be involved in another world war, we might as well give up diplomacy. We are the most violent country in the world. Our focus should not be in abroad, it should be in our own soil.
He has said, and still says, that runaway inflation is right around the corner thanks to monetary expansion (i.e. quantitative easing) . Yet inflation has been 1.5% a year since 2008 which is normal and commodity prices have been more or less flat. You'd think 4 years of being wrong about something would make you think about the bullshit you say.
Not enough oil in our home soil....
I don't know if this is true........but we sell our oil to Japan, China and God knows who else.
I think you missed my point that the world is a violent place. It is better to be in position to stop things before they get too big or even started. If you don't, things that happen around the globe will end up on your home soil before you know it. Foreign bases are part of diplomacy.
America contributes to most of it. Also, the middle east has always been chaos. There just wasn't 24 hour news back in the day so we didn't care about it. Nobody's going to invade us because we can wipe their country off the map before they get here. Also, it's called an erabassy
Cool video, this guy should have done the voice http://www.youtube.com/watch?v=7QPMvj_xejg
What? Inflation has not been 1.5% every year since 2008. In 2008, around 4%.. There was deflation in 2009 (averaged), because of the crash couple with liquidity catastrophe, 1.5-1.7% inflation last year, and is up around 3.5-3.7% this year. Ron Paul is far from an economics guru, but we've avoided "runaway inflation" via other detrimental domestic economic policies. If our market was allowed to operate efficiently, inflation would be around 10%. Our market is regulated so heavily now that we avoid one disaster by inducing another. You can't possibly argue that quantitative easing does not cause inflation.
edit: here's a table for you. http://inflationdata.com/inflation/i...tinflation.asp
Another edit: Bernanke is a fracking puppet.
There are currently 1 users browsing this thread. (0 members and 1 guests)
Bookmarks