Quote:
Originally Posted by wig
Well, that's just the long way of saying he has been wrong, then.
The irony to me is that it is exactly this government intervention that is suppose to be the ultimate cause of the inflation and hyperinflation.
You can't have it both ways. Like I said, timing is a bitch.
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I wouldn't say he's wrong because he can't predict what the government does. He predicted the financial bubble, housing bubble, economic depression, etc. His prediction of economic collapse is inevitable. But yes, ironic how the government holds off a collapse only to increase the intensity of said collapse when it happens.