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Linsay Lohan is Now in the Hyper-Inflation Camp

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June 27, 2011 – Comments (6)

Yep. Means something... the Masses are getting it?

 Read it here:

 http://www.businessinsider.com/lindsay-lohan-warns-of-imminent-hyperinflation-in-america-2011-6

6 Comments – Post Your Own

#1) On June 28, 2011 at 7:08 AM, KurtEng (31.31) wrote:

If Linsay says it's a problem, then it must be true. Why bother looking at recent inflation data or anything real. Let's takes Linsay's word for it and panic. Ah!!!!!!!

After that, I think I'll do some light shoplifting.

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#2) On June 28, 2011 at 1:10 PM, rfaramir (29.38) wrote:

Odd medium, but good website: www.inflation.us

 

Here's an example: http://inflation.us/bernankeprintingmoney.html 

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#3) On June 28, 2011 at 4:13 PM, Borbality (46.29) wrote:

contrarian indicator?

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#4) On June 28, 2011 at 10:00 PM, abitare (71.93) wrote:

Borbality,

Yes, I am in the contrarian camp.

We will get inflation, not hyper-inflation, unless there is a severe epedmic, attack or the FED is removed from power.

Remember the FED employees are retiring with a dollar based pension, the destruction of  dollar is the destruction or their power and pension. The FED sucide is not likely, IMO.

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#5) On June 29, 2011 at 12:40 AM, FleaBagger (29.59) wrote:

Right: I think the Fed is sophisticated enough to avoid hyperinflation, just not sophisticated enough to avoid stagflation more severe than that of the 1970's.

Faramir - NIA and Pete Schiff got into a dust-up a little while ago, after he accused them of pump-and-dumping. 

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#6) On June 29, 2011 at 3:17 PM, rfaramir (29.38) wrote:

Let me retract my support for inflation.us

My support was based on reading their website: they seem to have the right idea regarding inflation, theoretically. They seemed like fellow travellers. While I don't have direct knowledge that they are bad actors, Peter Schiff apparently does, or at least is questioning their actions publicly.

I don't care if you share my economic, religious, and political worldviews, went to my high school, and like puppies. If you defraud people, I won't defend you. Being "in my camp" won't help you.

Schiff's specific accusation was along these lines. NIA has two email lists, A and B, say. A costs $1000 to get on, B is free. Micro-cap X is touted on A, then a couple weeks later on B, then A is told when to sell, B is never told. It looks shady to me, too, when put that way, but again, I have no direct knowledge. That's simply my summary of Schiff's accusation.

I'm just done supporting them. No more or less at this time.

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