Kundaflower,
I believe both Bob Chapman and Ron Paul are defenders of Austrian Economics
http://mises.org/ and not Keynesianism.
For Civilization, It Is Mises or Bust
Mises Daily: Thursday, December 17, 2009 by J. Grayson Lilburne
Excerpt:
Quote:
Central Banks and Social Retrogression
The Austrian business-cycle theory, first formulated by Mises in 1912, teaches us that in a developed economy, artificial expansions of the supply of money and credit (which now are the exclusive prerogatives of central banks) temporarily lower the rate of interest, which leads to mass error. It causes people to think, like the hunter with poor rope-measuring skills, that they are wealthier than they truly are, which leads them to overconsume and to invest in production processes which are too ambitious given the capital goods available.
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Complete article: http://mises.org/daily/3917
Had anyone listened to Bob Chapman or Gerald Celente many years ago, they would have already divested any earnings into gold or silver or other precious metals, protecting themselves from inflation.
If a person has no money or assets to protect, than they would have no need to purchase gold, because it is not about speculation nor about making money, it's about protecting your savings from disappearing as the devaluation of the dollar continues.
I believe Bob Chapman has suggested people buy food first and essentials for security (long term revolving storage) before purchasing gold (long term divesting).
Quote:
"You must have at least a 6-month supply of freeze dried and dehydrated foods, a water filter for brackish water, and assault weapons with plenty of ammo and clips. You should put as much of your wealth as you can in gold and silver coins and shares. You should not own any stocks in the stock market except gold and silver shares…"
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So too, on this forum, the suggestion is to find like minded people and establish ground crews where people can join together, contributing time and resources as opposed to doing it on their own. That alone will help protect what assets they have now, as community is stronger than individuality.
The solution to this crumby economy is to wake people up, return to the constitution and stop outsourcing our jobs...get active, stop accepting what they tell us on mainstream news and stop watching TV!
Change begins with us, with demanding change in our local governments and with continuing efforts to enlighten those that are still hypnotized.
Remember it is Corporatism and Crooks that are destroying America, not Capitalism.
In Bob Chapman's interview today at Discount Gold and Silver, he has made the following comments at the start.
Quote:
I think as each day goes by, people worldwide, particularly sophisticated people, are losing more and more faith and confidence in the central bankers and the governments.
And I think that's going to keep stock markets from going up any higher (they shouldn't be where they are, but they are) and that is starting to seep down into the upper and into the middle class.
Big firms are turning into a casino, they're front running, naked shorting, all the things they are not supposed to be doing and our government does absolutely nothing about it. It's really tragic, unfortunate...but they'll pay because this whole edifice in time is coming down and we're going to be frog marching these idiots from the courthouse to the jail, because that's where they belong. Especially the ones who tell us that they're doing God's work.
Looks like, so far, that Copenhagen meeting has really turned into a real losing situation for the, we'll call them the 'climateers'. I hope it stays that way. It's dreadful what they're going to do or intend to do. And I hope they're very unsuccessful and I think they are.
Hopefully this will shoot down cap and trade.
Next is we got to get Ron Paul's bill Auditing the Fed through the senate.
Then we got to get rid of Bernanke.
Then we got to expose what the Fed is doing.
Then we got to get rid of the Fed.
Then we have to find a way to stop the revolving door between wall street and the treasury department.
And then I think we got a shot at it.
The mainline media on the Copenhagen issue and Cap & Trade; they've just about blotted it out totally from the American media and it's not working. Talk radio and the internet has just taken them apart and they're loosing ground every day.
We're doing a good job, but we got to do a better job. We've got to get more people interested in writing to their congressman about the different issues...we got to get more people at these different sort of events such as tea parties and meetings...anything that brings people together, particularly bringing people from what used to be the left/right paradigm together. It's really, really, really important.
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Wednesday 12/16/2009 Interview at Discount Gold and Silver:
http://libertyarchives.com/farlive/FS2_WED.MP3