On May 15, 6:02*am, Gary Forbis wrote:
On May 15, 5:27*am, wrote:

The late, great Milton Friedmanhttp://www.ideachannel.tv/
in his classic book prophetically revealed how 0baMa0's reckless
monetary policies will cause hyperinflation and destroy our nation
https://www.newsmaxstore.com/nm_mag/...MO_CODE=7FD4-1

Milton Freidman coined the phrase "there's no such thing as a free
lunch."
I live by that phrase. *Milton Friedman's other philosophies screwed
up
several economies. *People are worried about hyperinflationhttp://catalog.usmint.gov/webapp/wcs/stores/servlet/CategoryDisplay?c...

* *Production of United States Mint American Eagle Gold Proof
* *and Uncirculated Coins has been temporarily suspended because
* *of unprecedented demand for American Eagle Gold Bullion Coins.

Bush's administration more than doubled the money base during
his last year in office. *Production didn't double, infact the economy
was contracting. *I wonder where the money is going that we don't
already have huge inflation. *None the less, I don't blame Obama
for this problem. *Government spending itself doesn't cause inflation.
Inflation is too much money chasing too few goods. *If the money
isn't chasing the goods there won't be inflation.

US productive capacity has been sidelined. *It's being dismantled.
There isn't enough money in the system to support our production.
As long as we are in a global system where other nations do not
value their labor our labor will be devalued. *There's no free lunch.

We are becoming a third world nation. *The Reagan era is ending.

- Milton Friedman was wrong about just about
- everything except
- there is no free lunch.

but, But. BUT ! Prez Obama Promised Us A Free Lunch . . .
* Lower Taxes for the Poor
* Higher Taxes for the Rich
* Free Health Care for All
* More {Union} Jobs for Everyone
* People Around the World will Love and
Respect America Again

of Hot Air Sandwiches and Cold Reality Beer ~ RHF