Let me put a big fat DISCLAIMER up regarding the first one. Clear the kids out of the room before you watch it. Its filled with graphic language.
I thought this was pretty hilarious. Some of the J6P's that actually pay attention to what is going on out there in the economy have officially going postal. This guy is slowly building a cult following on You Tube.
If you take out the F-bombs the guy actually makes a lot of sense. I wish more Americans would wake up and get a clue!
Inflation Vs. Deflation
We discuss this topic a lot on here. I thought this was an excellent debate around both arguments.
Make sure you listen to economist Joseph LaVorgna in the middle of the video. I consider Joe to be one of the best economists out there. He makes a strong case for deflation in my view. Basically he explains that the Fed has thrown $1 trillion at a $3 trillion problem. This hardly seems inflationary.
I will continue to protect myself with inflationary hedges because I am still fearful that Bernanke will go too far in terms of flooding the market with dollars. Inflation will eventually arrive in my view, but it might be a few years away.
Anyway, enjoy the video!