AIER's Walker Todd: "Never since Hungary" - May 6, 2009 (4min.)

[LargoWinch]

"...the fed balance sheet increased 2.5 times" - Todd

"The bulk of that expansion occurred since labor day 2008" - Todd

"...with a lag, that money creation will catch up to you" - Todd

"There is no visible exit strategy" - Todd

"You should assume government misbehavior" - Todd


(Runtime: 4min.8sec.)



For more on the American Institute for Economic Research

[metalman]

Re: AIER's Walker Todd: "Never since Hungary" - May 6, 2009 (4min.)

when do mish, denniger and other deflationistas throw in the towel, eh? when oil's $100? gold $2000? prediction... they will never admit they were wrong.

[TRake]

Re: AIER's Walker Todd: "Never since Hungary" - May 6, 2009 (4min.)

when do mish, denniger and other deflationistas throw in the towel, eh? when oil's $100? gold $2000? prediction... they will never admit they were wrong.

Absolutely! The only time I could logically see any of these "leaders" admitting they were wrong is moments before they physically die. I also think oil will hit $100 before gold hits $2000, or maybe I am just being optimistic.

[ThePythonicCow]

Re: AIER's Walker Todd: "Never since Hungary" - May 6, 2009 (4min.)

That video is just the first 4 minutes of an apparently longer interview. It cuts off just as Todd is listing what he recommends we do to hedge inflation. He's listed gold (surprise, surprise, ...).

Does anyone know how to find the rest of that interview, or what else Todd recommended?