Keith Robison

Going Long Printing Presses and Taxes

Jim Rogers quoted that number at a conference I attended at the NYSE last week, but I don't know where he got them from.


On Nov 12 02:02 AM Kunst wrote:

> "The U.S. has $13 trillion in debt"
>
> I believe the national debt is currently $10.6 trilion (www.brillig.com/debt_c.../)
> and the federal debt limit is $11.3 trillion.
>
> Where does your $13 trillion number come from?

Going Long Printing Presses and Taxes

I don't have a crystal ball, but the experts in the space I've spoke to recently are thinking 3-6 months of continued deflation. Personally I am watching the trend of the dollar and the yen to determine the final deflationary breaking point.


On Nov 11 10:48 AM jlounsbury59 wrote:

> The key word is temporary. Does it refer to months or years? If
> one can predict this time frame, they can acquire obscene wealth.

>
>
> Portfolio Guy said: "So I would go long securities that can protect
> capital from inflation, once this temporary deflationary period has
> ended."

Going Long Printing Presses and Taxes

I was jokingly stating to go long printing presses and taxes because that is the only thing you can count on to work in the future. The article is implying however, that because we need to print our way out of the crisis, in the long run it will be inflationary and it will likely result in higher taxes. So I would go long securities that can protect capital from inflation, once this temporary deflationary period has ended.


On Nov 11 09:03 AM Pangaea wrote:

> You didn't explain what you mean by that, what you are in fact intending
> to go long.