are they lying to us or are they clueless?

[4plexowner]

I’ve never looked into the lag times on inflation feeding into the economy

our current situation is complicated by a declining economy and rising unemployment – how do people accommodate inflation in consumer goods and services at the same time they are losing their jobs and their wealth (stocks and real estate)? – do these factors increase the lag time on inflation? – do these factors prevent the inflation from occurring at all? – at some point prices can’t go higher because demand drops to zero?

these issues are, in part, why the fringe media is talking about “the summer from hell” this year as people finally boil over at the loss of half of their wealth (checked your 401K statement lately?) and any prospects of retirement while Wall Street and politicos continue their usual games of obscenely enriching themselves at the taxpayers’ expense

the leading edge of the summer from hell started in Iceland when their economy collapsed and has continued in other countries where the citizens are protesting against the results of the prevailing economic system – France is the latest country dealing with this trend

[Arraya]

Good write up on the situation…

http://www.chrismartenson.com/blog/recent-alert-fed-prints-trillion/15339
Together, the IMF and the Federal Reserve have embarked on a joint program to reinflate the world at any price.

I am certain they have the best of intentions and hope to be able to reel all this bogus funny-money back in at just the right moment to preserve whatever economic activity has been spawned by the thin-air bonanza while avoiding overshooting and igniting an inflationary inferno. But history suggests that the chance of this outcome is 0%.

From here, I am expecting several things.

A continued decline in the dollar, possibly turning quite ugly at some point over the next couple of months
A continued increase in gold (but with heroic attempts to cap its price by various central banks and their proxies)
For commodity price increases to begin soon (due to a falling dollar and massive printing by Japan, the Bank of England, Switzerland, the US, and the 150 other countries that are now scratching their heads and wondering why they shouldn’t just print up a few thousand pallets of their own currencies).
Bonds will continue to behave counter-intuitively (that is, to rise in price when they should be falling)
Finally, I am expecting this latest “bold initiative” by the Fed to fail, and fail spectacularly.

More on this later as events develop. Today was a stunner. The game has now shifted to a new set of rules.

[Arraya]

Good write up on the situation…

http://www.chrismartenson.com/blog/recent-alert-fed-prints-trillion/15339
Together, the IMF and the Federal Reserve have embarked on a joint program to reinflate the world at any price.

I am certain they have the best of intentions and hope to be able to reel all this bogus funny-money back in at just the right moment to preserve whatever economic activity has been spawned by the thin-air bonanza while avoiding overshooting and igniting an inflationary inferno. But history suggests that the chance of this outcome is 0%.

From here, I am expecting several things.

A continued decline in the dollar, possibly turning quite ugly at some point over the next couple of months
A continued increase in gold (but with heroic attempts to cap its price by various central banks and their proxies)
For commodity price increases to begin soon (due to a falling dollar and massive printing by Japan, the Bank of England, Switzerland, the US, and the 150 other countries that are now scratching their heads and wondering why they shouldn’t just print up a few thousand pallets of their own currencies).
Bonds will continue to behave counter-intuitively (that is, to rise in price when they should be falling)
Finally, I am expecting this latest “bold initiative” by the Fed to fail, and fail spectacularly.

More on this later as events develop. Today was a stunner. The game has now shifted to a new set of rules.

[Arraya]

Good write up on the situation…

http://www.chrismartenson.com/blog/recent-alert-fed-prints-trillion/15339
Together, the IMF and the Federal Reserve have embarked on a joint program to reinflate the world at any price.

I am certain they have the best of intentions and hope to be able to reel all this bogus funny-money back in at just the right moment to preserve whatever economic activity has been spawned by the thin-air bonanza while avoiding overshooting and igniting an inflationary inferno. But history suggests that the chance of this outcome is 0%.

From here, I am expecting several things.

A continued decline in the dollar, possibly turning quite ugly at some point over the next couple of months
A continued increase in gold (but with heroic attempts to cap its price by various central banks and their proxies)
For commodity price increases to begin soon (due to a falling dollar and massive printing by Japan, the Bank of England, Switzerland, the US, and the 150 other countries that are now scratching their heads and wondering why they shouldn’t just print up a few thousand pallets of their own currencies).
Bonds will continue to behave counter-intuitively (that is, to rise in price when they should be falling)
Finally, I am expecting this latest “bold initiative” by the Fed to fail, and fail spectacularly.

More on this later as events develop. Today was a stunner. The game has now shifted to a new set of rules.

[Arraya]

Good write up on the situation…

http://www.chrismartenson.com/blog/recent-alert-fed-prints-trillion/15339
Together, the IMF and the Federal Reserve have embarked on a joint program to reinflate the world at any price.

I am certain they have the best of intentions and hope to be able to reel all this bogus funny-money back in at just the right moment to preserve whatever economic activity has been spawned by the thin-air bonanza while avoiding overshooting and igniting an inflationary inferno. But history suggests that the chance of this outcome is 0%.

From here, I am expecting several things.

A continued decline in the dollar, possibly turning quite ugly at some point over the next couple of months
A continued increase in gold (but with heroic attempts to cap its price by various central banks and their proxies)
For commodity price increases to begin soon (due to a falling dollar and massive printing by Japan, the Bank of England, Switzerland, the US, and the 150 other countries that are now scratching their heads and wondering why they shouldn’t just print up a few thousand pallets of their own currencies).
Bonds will continue to behave counter-intuitively (that is, to rise in price when they should be falling)
Finally, I am expecting this latest “bold initiative” by the Fed to fail, and fail spectacularly.

More on this later as events develop. Today was a stunner. The game has now shifted to a new set of rules.

[Arraya]

Good write up on the situation…

http://www.chrismartenson.com/blog/recent-alert-fed-prints-trillion/15339
Together, the IMF and the Federal Reserve have embarked on a joint program to reinflate the world at any price.

I am certain they have the best of intentions and hope to be able to reel all this bogus funny-money back in at just the right moment to preserve whatever economic activity has been spawned by the thin-air bonanza while avoiding overshooting and igniting an inflationary inferno. But history suggests that the chance of this outcome is 0%.

From here, I am expecting several things.

A continued decline in the dollar, possibly turning quite ugly at some point over the next couple of months
A continued increase in gold (but with heroic attempts to cap its price by various central banks and their proxies)
For commodity price increases to begin soon (due to a falling dollar and massive printing by Japan, the Bank of England, Switzerland, the US, and the 150 other countries that are now scratching their heads and wondering why they shouldn’t just print up a few thousand pallets of their own currencies).
Bonds will continue to behave counter-intuitively (that is, to rise in price when they should be falling)
Finally, I am expecting this latest “bold initiative” by the Fed to fail, and fail spectacularly.

More on this later as events develop. Today was a stunner. The game has now shifted to a new set of rules.

[no_such_reality]

[quote=scaredycat]

—June 5, 2007
[/quote]

That was two years ago.

[no_such_reality]

[quote=scaredycat]

—June 5, 2007
[/quote]

That was two years ago.

[no_such_reality]

[quote=scaredycat]

—June 5, 2007
[/quote]

That was two years ago.

[no_such_reality]

[quote=scaredycat]

—June 5, 2007
[/quote]

That was two years ago.

[no_such_reality]

[quote=scaredycat]

—June 5, 2007
[/quote]

That was two years ago.

[jpinpb]

[quote=4plexowner] how do people accommodate inflation in consumer goods and services at the same time they are losing their jobs and their wealth (stocks and real estate)? – do these factors increase the lag time on inflation? – do these factors prevent the inflation from occurring at all? – at some point prices can’t go higher because demand drops to zero?[/quote]

This has been my question. Everything the Fed is doing is screaming hyper-inflation down the road. BUT w/unemployment so high (I hear 20% in Detroit – surprised not more) and 10.5 in CA, I’m at a loss.

And again, these are reported numbers. We know that number is higher b/c it doesn’t factor in when you can’t refile. Although I heard they have extended that to something ridiculous like 36 months. But of course, the longer you are unemployed the harder it is to find a job. Double-edge sword there.

As I stated also, you can’t file unemployment if you’re a small business owner closing shop, if you are self-employed, if you work under the table, if you are a full-time student working part time and lose your job. I did hear if you were full time, reduced to part time, you can try to get unemployment to help w/the diff. Not 100% sure. Not sure how that’ll work w/forced furlough.

So all this to say that that unemployment number is much greater than stated. W/unemployment being so high, how can we have inflation? If you have no money and you can’t buy then how can companies stay in business? It will be a domino effect of mass proportions.

If we see inflation at the same time unemployment continues to rise, then – if we aren’t there already – we will for sure see a depression.

arraya – the rules continue to change along the way like an ocean’s current. The rules at the beginning of this real estate bubble were different w/the over-expansion of credit.

[jpinpb]

[quote=4plexowner] how do people accommodate inflation in consumer goods and services at the same time they are losing their jobs and their wealth (stocks and real estate)? – do these factors increase the lag time on inflation? – do these factors prevent the inflation from occurring at all? – at some point prices can’t go higher because demand drops to zero?[/quote]

This has been my question. Everything the Fed is doing is screaming hyper-inflation down the road. BUT w/unemployment so high (I hear 20% in Detroit – surprised not more) and 10.5 in CA, I’m at a loss.

And again, these are reported numbers. We know that number is higher b/c it doesn’t factor in when you can’t refile. Although I heard they have extended that to something ridiculous like 36 months. But of course, the longer you are unemployed the harder it is to find a job. Double-edge sword there.

As I stated also, you can’t file unemployment if you’re a small business owner closing shop, if you are self-employed, if you work under the table, if you are a full-time student working part time and lose your job. I did hear if you were full time, reduced to part time, you can try to get unemployment to help w/the diff. Not 100% sure. Not sure how that’ll work w/forced furlough.

So all this to say that that unemployment number is much greater than stated. W/unemployment being so high, how can we have inflation? If you have no money and you can’t buy then how can companies stay in business? It will be a domino effect of mass proportions.

If we see inflation at the same time unemployment continues to rise, then – if we aren’t there already – we will for sure see a depression.

arraya – the rules continue to change along the way like an ocean’s current. The rules at the beginning of this real estate bubble were different w/the over-expansion of credit.

[jpinpb]

[quote=4plexowner] how do people accommodate inflation in consumer goods and services at the same time they are losing their jobs and their wealth (stocks and real estate)? – do these factors increase the lag time on inflation? – do these factors prevent the inflation from occurring at all? – at some point prices can’t go higher because demand drops to zero?[/quote]

This has been my question. Everything the Fed is doing is screaming hyper-inflation down the road. BUT w/unemployment so high (I hear 20% in Detroit – surprised not more) and 10.5 in CA, I’m at a loss.

And again, these are reported numbers. We know that number is higher b/c it doesn’t factor in when you can’t refile. Although I heard they have extended that to something ridiculous like 36 months. But of course, the longer you are unemployed the harder it is to find a job. Double-edge sword there.

As I stated also, you can’t file unemployment if you’re a small business owner closing shop, if you are self-employed, if you work under the table, if you are a full-time student working part time and lose your job. I did hear if you were full time, reduced to part time, you can try to get unemployment to help w/the diff. Not 100% sure. Not sure how that’ll work w/forced furlough.

So all this to say that that unemployment number is much greater than stated. W/unemployment being so high, how can we have inflation? If you have no money and you can’t buy then how can companies stay in business? It will be a domino effect of mass proportions.

If we see inflation at the same time unemployment continues to rise, then – if we aren’t there already – we will for sure see a depression.

arraya – the rules continue to change along the way like an ocean’s current. The rules at the beginning of this real estate bubble were different w/the over-expansion of credit.

[jpinpb]

[quote=4plexowner] how do people accommodate inflation in consumer goods and services at the same time they are losing their jobs and their wealth (stocks and real estate)? – do these factors increase the lag time on inflation? – do these factors prevent the inflation from occurring at all? – at some point prices can’t go higher because demand drops to zero?[/quote]

This has been my question. Everything the Fed is doing is screaming hyper-inflation down the road. BUT w/unemployment so high (I hear 20% in Detroit – surprised not more) and 10.5 in CA, I’m at a loss.

And again, these are reported numbers. We know that number is higher b/c it doesn’t factor in when you can’t refile. Although I heard they have extended that to something ridiculous like 36 months. But of course, the longer you are unemployed the harder it is to find a job. Double-edge sword there.

As I stated also, you can’t file unemployment if you’re a small business owner closing shop, if you are self-employed, if you work under the table, if you are a full-time student working part time and lose your job. I did hear if you were full time, reduced to part time, you can try to get unemployment to help w/the diff. Not 100% sure. Not sure how that’ll work w/forced furlough.

So all this to say that that unemployment number is much greater than stated. W/unemployment being so high, how can we have inflation? If you have no money and you can’t buy then how can companies stay in business? It will be a domino effect of mass proportions.

If we see inflation at the same time unemployment continues to rise, then – if we aren’t there already – we will for sure see a depression.

arraya – the rules continue to change along the way like an ocean’s current. The rules at the beginning of this real estate bubble were different w/the over-expansion of credit.

[Author]

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