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Saturday, 02/25/2017 2:35:52 PM

Saturday, February 25, 2017 2:35:52 PM

Post# of 4668
I'll Have a Greenspan Double Bread.

Double bread is European for sandwich. Alan started out as a Libertarian, turned into a gooey Keynesian filling, and was re-born a Libertarian the day he left the Fed.

http://www.telegraph.co.uk/business/2017/02/16/greenspan-warns-trumps-policies-risk-inflation-spiral-says-eurozone/

After selling his soul for fame and power, he's desperate to reclaim it before he dies. Every Libertarian worth his salt is constantly worried about the unbalanced world spinning out of control into either a crack-up inflationary depression or melt-down deflationary depression.

Of course, a global gold standard would prevent either one. But that ship has long sailed.

Of the two the crack-up boom is the least painful...especially if you own sizable amounts of gold.

In effect what Greenspan is saying is that there is a huge powder keg in your basement and the lit the fuse, so you better get the FOT ASAP before she blows...by the way he thinks he should be considered a hero for telling you this!

But Alan, you're the one who put the keg in the house in the first place. Hero? I think not you SOB. The slime of being the Fed Chair during the initial bubble build ups will never wash off.

So says goldtimer.

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