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barnaby33.
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December 19, 2007 at 6:48 PM #121251December 20, 2007 at 4:51 AM #121264
moneymaker
ParticipantLooking back at Bernanke being interviewed by Congress, I recall one of his primary fears was inflation. Well isn’t it Congress that creates inflation by printing too much money? Ah but then I guess they have to print money or raise taxes to pay for all the waste in government(can anybody say war).
December 20, 2007 at 4:51 AM #121405moneymaker
ParticipantLooking back at Bernanke being interviewed by Congress, I recall one of his primary fears was inflation. Well isn’t it Congress that creates inflation by printing too much money? Ah but then I guess they have to print money or raise taxes to pay for all the waste in government(can anybody say war).
December 20, 2007 at 4:51 AM #121432moneymaker
ParticipantLooking back at Bernanke being interviewed by Congress, I recall one of his primary fears was inflation. Well isn’t it Congress that creates inflation by printing too much money? Ah but then I guess they have to print money or raise taxes to pay for all the waste in government(can anybody say war).
December 20, 2007 at 4:51 AM #121484moneymaker
ParticipantLooking back at Bernanke being interviewed by Congress, I recall one of his primary fears was inflation. Well isn’t it Congress that creates inflation by printing too much money? Ah but then I guess they have to print money or raise taxes to pay for all the waste in government(can anybody say war).
December 20, 2007 at 4:51 AM #121506moneymaker
ParticipantLooking back at Bernanke being interviewed by Congress, I recall one of his primary fears was inflation. Well isn’t it Congress that creates inflation by printing too much money? Ah but then I guess they have to print money or raise taxes to pay for all the waste in government(can anybody say war).
December 20, 2007 at 7:55 AM #121288JWM in SD
ParticipantUgggh, sigh…why do I have to keep re-explaining this all the time???
In order for inflation theories to work, it has to make its way into your wages. Otherwise, it doesn’t work and trust me, Bernanke knows this. It’s called pushing on a string. The Fed will never publicly admit that its real fear is Deflation and if you look objectively at their actions it is obvious that that is what their real concern is. It was that fear that caused Greenspan to artificially and mistakenly lower interest rates after the tech bust.
Now go ask for you 100% raise today so you can take advantage of that inflation you all want. Good luck with that.
December 20, 2007 at 7:55 AM #121430JWM in SD
ParticipantUgggh, sigh…why do I have to keep re-explaining this all the time???
In order for inflation theories to work, it has to make its way into your wages. Otherwise, it doesn’t work and trust me, Bernanke knows this. It’s called pushing on a string. The Fed will never publicly admit that its real fear is Deflation and if you look objectively at their actions it is obvious that that is what their real concern is. It was that fear that caused Greenspan to artificially and mistakenly lower interest rates after the tech bust.
Now go ask for you 100% raise today so you can take advantage of that inflation you all want. Good luck with that.
December 20, 2007 at 7:55 AM #121457JWM in SD
ParticipantUgggh, sigh…why do I have to keep re-explaining this all the time???
In order for inflation theories to work, it has to make its way into your wages. Otherwise, it doesn’t work and trust me, Bernanke knows this. It’s called pushing on a string. The Fed will never publicly admit that its real fear is Deflation and if you look objectively at their actions it is obvious that that is what their real concern is. It was that fear that caused Greenspan to artificially and mistakenly lower interest rates after the tech bust.
Now go ask for you 100% raise today so you can take advantage of that inflation you all want. Good luck with that.
December 20, 2007 at 7:55 AM #121509JWM in SD
ParticipantUgggh, sigh…why do I have to keep re-explaining this all the time???
In order for inflation theories to work, it has to make its way into your wages. Otherwise, it doesn’t work and trust me, Bernanke knows this. It’s called pushing on a string. The Fed will never publicly admit that its real fear is Deflation and if you look objectively at their actions it is obvious that that is what their real concern is. It was that fear that caused Greenspan to artificially and mistakenly lower interest rates after the tech bust.
Now go ask for you 100% raise today so you can take advantage of that inflation you all want. Good luck with that.
December 20, 2007 at 7:55 AM #121531JWM in SD
ParticipantUgggh, sigh…why do I have to keep re-explaining this all the time???
In order for inflation theories to work, it has to make its way into your wages. Otherwise, it doesn’t work and trust me, Bernanke knows this. It’s called pushing on a string. The Fed will never publicly admit that its real fear is Deflation and if you look objectively at their actions it is obvious that that is what their real concern is. It was that fear that caused Greenspan to artificially and mistakenly lower interest rates after the tech bust.
Now go ask for you 100% raise today so you can take advantage of that inflation you all want. Good luck with that.
December 20, 2007 at 8:04 AM #121303JWM in SD
Participant“By the time this is over, if it takes 3 years for houses to hit bottom, hyperinflation could potentially bring the fundamentals up considerably. I’m trying to make the point that a loan denominated in dolars might be good to have. ”
OMFG, you really don’t get it do you??? One more time for the slow-witted ones here. THE HYPERINFLATION IN ASSETS HAS ALREADY HAPPENED!!!!!Go find a graph of M3 and SoCal median house prices over the past five years and look at the correlation.
INFLATION WILL NOT SAVE YOUR OVERPRICED SAN DIEGO HOUSE OR CONDO.
December 20, 2007 at 8:04 AM #121445JWM in SD
Participant“By the time this is over, if it takes 3 years for houses to hit bottom, hyperinflation could potentially bring the fundamentals up considerably. I’m trying to make the point that a loan denominated in dolars might be good to have. ”
OMFG, you really don’t get it do you??? One more time for the slow-witted ones here. THE HYPERINFLATION IN ASSETS HAS ALREADY HAPPENED!!!!!Go find a graph of M3 and SoCal median house prices over the past five years and look at the correlation.
INFLATION WILL NOT SAVE YOUR OVERPRICED SAN DIEGO HOUSE OR CONDO.
December 20, 2007 at 8:04 AM #121472JWM in SD
Participant“By the time this is over, if it takes 3 years for houses to hit bottom, hyperinflation could potentially bring the fundamentals up considerably. I’m trying to make the point that a loan denominated in dolars might be good to have. ”
OMFG, you really don’t get it do you??? One more time for the slow-witted ones here. THE HYPERINFLATION IN ASSETS HAS ALREADY HAPPENED!!!!!Go find a graph of M3 and SoCal median house prices over the past five years and look at the correlation.
INFLATION WILL NOT SAVE YOUR OVERPRICED SAN DIEGO HOUSE OR CONDO.
December 20, 2007 at 8:04 AM #121524JWM in SD
Participant“By the time this is over, if it takes 3 years for houses to hit bottom, hyperinflation could potentially bring the fundamentals up considerably. I’m trying to make the point that a loan denominated in dolars might be good to have. ”
OMFG, you really don’t get it do you??? One more time for the slow-witted ones here. THE HYPERINFLATION IN ASSETS HAS ALREADY HAPPENED!!!!!Go find a graph of M3 and SoCal median house prices over the past five years and look at the correlation.
INFLATION WILL NOT SAVE YOUR OVERPRICED SAN DIEGO HOUSE OR CONDO.
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