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Detailed text transcripts for TV channel - FOXNEWS - 20101105:06:16:00

Can you imagine if the president came out tomorrow and said hey, here is what i m going to do. over here. here is what i m going to do. tomorrow, we need your money. i m going to put a 20% tax on this and 20% tax on this. and 20% more on your tires and your meat and your pasta. by the way, i m going to go to india in a little while. it will be sweet! 20%. see you then. see you there. talk to you when i get to india. americans would go nuts. so what this allows them to do is pass that tax on to you and say it s not a tax. devalue your dollars. pass it on so then in the end they can say general mills and kellogg s. these rich evil companies are raising prices. they can blame the companies for charging you more. they ve created a condition where they have no choice but to raise the prices. the manager of the world s ....

Ina Little While , Qe2 Americans , Kellogg S ,

Detailed text transcripts for TV channel - FOXNEWS - 20101105:06:17:00

Largest mutual fund bill gross said, you ready for this? he said the dollar is in danger of losing 20% of the value in the next few years if the federal reserve continues the unconventional monetary easing. peter shif said qu2 defaces value of money. by devaluing money, you need more of it to buy things. remember the $20 gold piece? i could still buy the same two suits that i did in 1879. the same coin. how many more dollars? it used to take $20. how many more dollars does it take to buy the gold coin? when fed creates money, prices rise. some rise more rapidly than others, like gold. commodities respond quickly to the weakening dollar. oil is at a six-month high today. takes longer for the price of goods to kick up. as a result, qe2 americans will have to endure a lower standard of living. it s a tax on all americans. ....

Mutual Fund , Bill Gross , Peter Shif , Devaluing Money , Hasn T , Gold Coin , Qe2 Americans ,

Detailed text transcripts for TV channel - FOXNEWS - 20101104:21:17:00

Largest mutual fund bill gross said, you ready for this? he said the dollar is in danger of losing 20% of the value in the next few years if the federal reserve continues the unconventional monetary easing. peter shif said qu2 defaces value of money. by devaluing money, you need more of it to buy things. remember the $20 gold piece? i could still buy the same two suits that i did in 1879. the same coin. how many more dollars? it used to take $20. how many more dollars does it take to buy the gold coin? when fed creates money, prices rise. some rise more rapidly than others, like gold. commodities respond quickly to the weakening dollar. oil is at a six-month high today. takes longer for the price of goods to kick up. as a result, qe2 americans will have to endure a lower standard of living. it s a tax on all americans. ....

Mutual Fund , Bill Gross , Peter Shif , Devaluing Money , Hasn T , Gold Coin , Qe2 Americans ,

Detailed text transcripts for TV channel - FOXNEWS - 20101104:21:16:00

Can you imagine if the president came out tomorrow and said hey, here is what i m going to do. over here. here is what i m going to do. tomorrow, we need your money. i m going to put a 20% tax on this and 20% tax on this. and 20% more on your tires and your meat and your pasta. by the way, i m going to go to india in a little while. it will be sweet! 20%. see you then. see you there. talk to you when i get to india. americans would go nuts. so what this allows them to do is pass that tax on to you and say it s not a tax. devalue your dollars. pass it on so then in the end they can say general mills and kellogg s. these rich evil companies are raising prices. they can blame the companies for charging you more. they ve created a condition where they have no choice but to raise the prices. the manager of the world s ....

Ina Little While , Qe2 Americans , Kellogg S ,