GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Thursday, October 24, 2013

Andy Hoffman -- Hyperinflation Is Good For The Stock Market 20.Oct.13

Andrew Hoffman stopped by for our regular Monday discussion. Looks like the debt ceiling debate is gone for good. They've given the president a blank check. Who would have thunk it? It was inevitable. If they can print money to infinity then what purpose does a debt ceiling serve anyway? The deficit went up a staggering $328 billion in just a few days. There's nothing quite like the discipline that a fiat currency imposes on the political system. It worked so well in the Weimar Republic and in Zimbabwe too.
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