Page 7 - Git Inflation News Today

Raise revenues and reduce the budget deficit we going to have a fiscal train wreck if we decide to print money, we are going to end up with you inflation. >> sean: japan had a lost decade. japan tried a series of stimulus i think eight or nine total, you would know more than it. they kept trying and they never completely recovered from their downturn. is that something we could see in america that we go 10, 15, 20 years without the economic recovery, job creation? the president said we face cata...

>> the greek bailouts pushed gold up around 11% since we announced were going to to get involved with greece. 50 billion and counting. who knows what the feds will do. but since mr. obama has taken office, were up 65% in the price of gold. november of 08, $750, now today, $1,247 and 70 an ounce after the stimulus package was signed, it was $950 and ounce in february of 09. were up 31% since then. >> neil: what drives gold? its always a hedge but is it inflation? >> this is not to do with inflati...