Inflation, deflation, subprime mortgage crisis, & banks

Posted on June 28, 2009
Filed Under Home Mortgage |

On clarification: I shouldn’t have said ALL the interest goes to a bank. Part generally goes to either the Fed or depositor of an interest bearing account. The bank only skims the difference in the interest rates.

My views on the debate about inflation vs. deflation and the subprime mortgage crisis.

keywords: bear stearns banking parasitic foreclosure home house fed federal reserve central bank goldman sachs repo collapse dollar yen us japan recession m3 gdp gnp crisis inflation

Duration : 0:9:30


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Comments

25 Responses to “Inflation, deflation, subprime mortgage crisis, & banks”

  1. rndllhllw on June 28th, 2009 1:16 pm

    Nice work. keep it …
    Nice work. keep it up. mean time come for social media marketing for esteembpo**com

  2. parksjan on June 28th, 2009 1:16 pm

    Nice work. keep it …
    Nice work. keep it up. mean time come for social media marketing for esteembpo**com

  3. wildnutria on June 28th, 2009 1:16 pm

    The builder need a …
    The builder need a bank loan to do so as well, it a bigger loop then this!

  4. valhala56 on June 28th, 2009 1:16 pm

    Tell it to the …
    Tell it to the people who just crashed on the plane in Buffalo. Your life sentence or ticket can be canceled anytime. I have some silver and gold put up, but believe me I try to enjoy the now as much as possible because nothing but now is guranteed my friend.
    BTW tell it to the folks who invested with Bernie Madoff, I think they themselves would call their investment “foolish”
    Your wealth is an illusion that can disappear like most illusions do.

  5. ITILII on June 28th, 2009 1:16 pm

    you speak foolishly …
    you speak foolishly, grasshopper (as in the ant and the grasshopper who also just wanted to enjoy now and suffered for it later)

  6. daveextra on June 28th, 2009 1:16 pm

    i think your trying …
    i think your trying to grasp these questions sir but your very muddled. i think you have a lot more research to do in order to understand “the system”. your on the right track but have somewhat to go yet. keep trying

  7. mannyfeseha on June 28th, 2009 1:16 pm

    thehelpfund.blogspot
    thehelpfund.blogspot

  8. MachApocalypse on June 28th, 2009 1:16 pm

    I think he

    JIZZED …
    I think he

    JIZZED IN HIS PANTS.

  9. mannyfeseha on June 28th, 2009 1:16 pm

    thehelpfund.blogspot
    thehelpfund.blogspot

  10. mimiwewe01 on June 28th, 2009 1:16 pm

    I have just …
    I have just subscribe(12/9/08) to your videos, great great content. Keep up,you’re truly a gifted being.
    Are you a motivational speaker? You definitely have me motivated.

  11. FATCACAK on June 28th, 2009 1:16 pm

    you know whats …
    you know whats going on, DO SOMETHING!! ’support the bank and homeowners protection act’ propose it to your local government no matter where you are!

  12. Leshyj on June 28th, 2009 1:16 pm

    Great video! Thanks …
    Great video! Thanks. Total support!

  13. tellthetruthh on June 28th, 2009 1:16 pm

    HISPANICS were the …
    HISPANICS were the major group to hold SUBPRIME LOANS. HISPANICS were given loans when other groups could not get them. Now they want to be bailed out of their mess!!!If they weren’t so greedy they would not be in this situation. Most of them didn’t even have SSN oe EINS.Now BUSH has made it possible for them to get bailouts without SSN or EINs!!!S0illegals aliens are milking the system again!!! While Americans pay the bill!!!

  14. shellysmistik on June 28th, 2009 1:16 pm

    coffee is gross
    coffee is gross

  15. valhala56 on June 28th, 2009 1:16 pm

    Lorax, you people …
    Lorax, you people with money make me laugh. Putting a little cash in reserve if you can afford is great but you greedy folks think your going forever. You can’t take it with you. As you well know with Peak Oil & the current geopolitical situation, everything can go to in a handbasket very quickly or over night. My suggestion is enjoy what you can now, cause either there will be no tommorrow or it will be so bad that some trinkets of gold/silver will not soften the hard landing we will see.

  16. tegalans on June 28th, 2009 1:16 pm

    Holy 15% …
    Holy 15% inflation! At that rate in 5 years prices will have doubled. Even at 10% inflation in 7 years our dollar will be worth 50% less than it does today. That percentage is not substantial. In 50 years at 10% interest a gallon of gas will cost about 448 dollars and then 7 years later it will cost about 900 dollars a gallon. And I thought 3.50 was bad. Woodrow Wilson is indeed our worst president ever. We have to destroy the Fed before it’s too late. You just made me support Ron Paul.:)

  17. blackiswhite1111 on June 28th, 2009 1:16 pm

    I agree that …
    I agree that cutting interest rates is an inflationary move, but can they cut interest rates below zero? It will come to a point where they will have to raise interest rates, thus causing deflation. Also, owning something of value isn’t a very good idea in a deflationary environment because next year, that “item of value” will be worth less, at least in dollar amounts. If a deflationary depression happens, gold, oil, houses and cars will all plummet in price. I agree with most of the video.

  18. psbyowner on June 28th, 2009 1:16 pm

    i would define ” …
    i would define “thing of value” and Au, Ag, pt, pd because these are not taxable

  19. psbyowner on June 28th, 2009 1:16 pm

    hmmm no more m3.
    hmmm no more m3.

  20. psbyowner on June 28th, 2009 1:16 pm

    thanks that …
    thanks that clarifies alot.

    deflation it is?

  21. Rationalific on June 28th, 2009 1:16 pm

    THANK YOU! I …
    THANK YOU! I finally understand! This video led to the light bulb over my head finally glowing, in regards to deflation and interest rates. Your other videos, from peak oil to diet to precious metals are also great, and lead me to subscribe!

  22. HalcyonRain321 on June 28th, 2009 1:16 pm

    i’m not a starbucks …
    i’m not a starbucks kinda girl . . .in fact, i don’t even drink coffee.

  23. moniequa on June 28th, 2009 1:16 pm

    Stop going to …
    Stop going to Starbucks.

  24. moniequa on June 28th, 2009 1:16 pm

    Hi Lorax,

    Will Ben …
    Hi Lorax,

    Will Ben cut rate again at the end of next month? Some people say that oil price is artificially inflated, what do you think?

  25. kmcl11 on June 28th, 2009 1:16 pm

    the larger the …
    the larger the entity the much more ppl stand to lose. it does not happen for every corp though as we all know.

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