Page 4 - 875 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.

>> sean: what you say is, obama has dug us so deeply into debt there is only one way out, you say inflation. >> other way is tax cuts but he's not about to do that look at the stats, these are tables i took out of the book. september 10th, 2008 the money supply was 875 billion. december 2nd, '09, 2.1 trillion. you can't have an increase like that without unbelievable inflation. then there's the issue of the deficit. in 2008 the deficit was 3.2% of our gdp. now it is 12.9% of our gdp in one year it went from 4% to 12% of our economy. right now we are getting the deficit at a bargain basement ra...

Latest updates on this topic from reliable sources.

Deeply into debt there's only one way out and you say it's inflation. >> the other way is tax cuts, but he's not about to do that. but look at the stat. these are tables i took out of the book. on september 10th, 2008, the money supply was 875 billion, on december 2nd, '09, it was 2.1 trillion. you can't have an increase like that without unbelievable inflation. and then there's the issue of the deficit. in 2008, the deficit was 3.2% of our gdp and now it's 12.9 percent of our gdp. in one year went from 4% to 12% of our economy. what that, right now we're getting the deficit at a bargain basem...