http://5minforecast.agorafinancial.com/market-anniversary-how-to-invest-today-short-selling-ban-ends-credit-crisis-1-victim-and-more/ http://5minforecast.agorafinancial.com Sat, 21 Nov 2009 00:34:48 -0600 http://wordpress.org/?v=2.8.4 hourly 1 http://5minforecast.agorafinancial.com/market-anniversary-how-to-invest-today-short-selling-ban-ends-credit-crisis-1-victim-and-more/comment-page-1/#comment-1335 rlovallo Sat, 11 Oct 2008 18:21:41 +0000 http://www.agorafinancial.com/5min/?p=337#comment-1335 I don't quite understand Warren Buffet's ideas. He says the U.S. is in a unique situation because the U.S. can simply inflate it's way out of debt. According to Buffet "We can denominate debt in our own currency, whereas many countries can't because people don't trust them." Well, hell then, why not just print up 11 trillion dollars and pay off the national debt. The rest of the world is so stupid that they wouldn't dare de-value the U.S. dollar. As for gold, he believes it's just something you put in the ground and hire guards to stand over it but (according to him) it has not been a very good investment. I don't know about you but I'm surprised this guy is as rich as he is, or maybe, he knows something we all don't. Keep those printing presses a running! I don’t quite understand Warren Buffet’s ideas. He says the U.S. is in a unique situation because the U.S. can simply inflate it’s way out of debt. According to Buffet “We can denominate debt in our own currency, whereas many countries can’t because people don’t trust them.” Well, hell then, why not just print up 11 trillion dollars and pay off the national debt. The rest of the world is so stupid that they wouldn’t dare de-value the U.S. dollar. As for gold, he believes it’s just something you put in the ground and hire guards to stand over it but (according to him) it has not been a very good investment. I don’t know about you but I’m surprised this guy is as rich as he is, or maybe, he knows something we all don’t. Keep those printing presses a running!

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