Home › Forums › Financial Markets/Economics › Deflation is winning
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October 22, 2008 at 4:29 PM #291635October 22, 2008 at 4:49 PM #291246sdduuuudeParticipant
I just hope I’m enjoying the show from a desk instead of a couch.
October 22, 2008 at 4:49 PM #291564sdduuuudeParticipantI just hope I’m enjoying the show from a desk instead of a couch.
October 22, 2008 at 4:49 PM #291598sdduuuudeParticipantI just hope I’m enjoying the show from a desk instead of a couch.
October 22, 2008 at 4:49 PM #291602sdduuuudeParticipantI just hope I’m enjoying the show from a desk instead of a couch.
October 22, 2008 at 4:49 PM #291640sdduuuudeParticipantI just hope I’m enjoying the show from a desk instead of a couch.
October 22, 2008 at 4:57 PM #291251barnaby33ParticipantGotta think some more on the next step.
I worry about my friends and family, more than myself. I especially worry about my girlfriend. I think at some point in the next few years I will lose my job, but I can’t tell when. Right now my company is doing pretty well.
I like the tsunami analogy. However the question in my mind is one of confidence. In order to get people to borrow, you have to get them to believe that its in their interest. The deflation can’t be easily stopped like it was in the 30’s with a devaluation against gold, our currency isn’t tied to gold. You must fight a much harder battle, like the Japanese. Do I think we will endure 10 lost years and 10 partially lost, no. As you all can see from the ruptures in our public marketplaces, we aren’t that good at covering up the bodies! What will get people borrowing again?
In my mind it would have to be something like alternative energy mandates, though those have their own costs. Another option would be a wholesale replacement of the US dollar with a new Amero, though thats pretty far fetched. The wealthy wouldn’t like that one bit.
October 22, 2008 at 4:57 PM #291569barnaby33ParticipantGotta think some more on the next step.
I worry about my friends and family, more than myself. I especially worry about my girlfriend. I think at some point in the next few years I will lose my job, but I can’t tell when. Right now my company is doing pretty well.
I like the tsunami analogy. However the question in my mind is one of confidence. In order to get people to borrow, you have to get them to believe that its in their interest. The deflation can’t be easily stopped like it was in the 30’s with a devaluation against gold, our currency isn’t tied to gold. You must fight a much harder battle, like the Japanese. Do I think we will endure 10 lost years and 10 partially lost, no. As you all can see from the ruptures in our public marketplaces, we aren’t that good at covering up the bodies! What will get people borrowing again?
In my mind it would have to be something like alternative energy mandates, though those have their own costs. Another option would be a wholesale replacement of the US dollar with a new Amero, though thats pretty far fetched. The wealthy wouldn’t like that one bit.
October 22, 2008 at 4:57 PM #291603barnaby33ParticipantGotta think some more on the next step.
I worry about my friends and family, more than myself. I especially worry about my girlfriend. I think at some point in the next few years I will lose my job, but I can’t tell when. Right now my company is doing pretty well.
I like the tsunami analogy. However the question in my mind is one of confidence. In order to get people to borrow, you have to get them to believe that its in their interest. The deflation can’t be easily stopped like it was in the 30’s with a devaluation against gold, our currency isn’t tied to gold. You must fight a much harder battle, like the Japanese. Do I think we will endure 10 lost years and 10 partially lost, no. As you all can see from the ruptures in our public marketplaces, we aren’t that good at covering up the bodies! What will get people borrowing again?
In my mind it would have to be something like alternative energy mandates, though those have their own costs. Another option would be a wholesale replacement of the US dollar with a new Amero, though thats pretty far fetched. The wealthy wouldn’t like that one bit.
October 22, 2008 at 4:57 PM #291607barnaby33ParticipantGotta think some more on the next step.
I worry about my friends and family, more than myself. I especially worry about my girlfriend. I think at some point in the next few years I will lose my job, but I can’t tell when. Right now my company is doing pretty well.
I like the tsunami analogy. However the question in my mind is one of confidence. In order to get people to borrow, you have to get them to believe that its in their interest. The deflation can’t be easily stopped like it was in the 30’s with a devaluation against gold, our currency isn’t tied to gold. You must fight a much harder battle, like the Japanese. Do I think we will endure 10 lost years and 10 partially lost, no. As you all can see from the ruptures in our public marketplaces, we aren’t that good at covering up the bodies! What will get people borrowing again?
In my mind it would have to be something like alternative energy mandates, though those have their own costs. Another option would be a wholesale replacement of the US dollar with a new Amero, though thats pretty far fetched. The wealthy wouldn’t like that one bit.
October 22, 2008 at 4:57 PM #291645barnaby33ParticipantGotta think some more on the next step.
I worry about my friends and family, more than myself. I especially worry about my girlfriend. I think at some point in the next few years I will lose my job, but I can’t tell when. Right now my company is doing pretty well.
I like the tsunami analogy. However the question in my mind is one of confidence. In order to get people to borrow, you have to get them to believe that its in their interest. The deflation can’t be easily stopped like it was in the 30’s with a devaluation against gold, our currency isn’t tied to gold. You must fight a much harder battle, like the Japanese. Do I think we will endure 10 lost years and 10 partially lost, no. As you all can see from the ruptures in our public marketplaces, we aren’t that good at covering up the bodies! What will get people borrowing again?
In my mind it would have to be something like alternative energy mandates, though those have their own costs. Another option would be a wholesale replacement of the US dollar with a new Amero, though thats pretty far fetched. The wealthy wouldn’t like that one bit.
October 22, 2008 at 5:02 PM #291256kewpParticipantThen, the actual Tsunami hits (inflation) as people are standing there on what used to be dry ground.
I’ve heard this analogy a couple times and I’m not sure what mechanism could cause an ‘Inflation Tsunami’.
From my perspective the inflation ‘Credit Tsunami’ already happened and what we are perceiving as deflation is really just a reversion to mean.
From my POV, only two things could cause massive inflation. One, Helicopter Ben starts giving out economic stimulus checks right from the printing press. Two, a global run on the dollar that causes people holding our hard currency to exchange it for something else.
October 22, 2008 at 5:02 PM #291574kewpParticipantThen, the actual Tsunami hits (inflation) as people are standing there on what used to be dry ground.
I’ve heard this analogy a couple times and I’m not sure what mechanism could cause an ‘Inflation Tsunami’.
From my perspective the inflation ‘Credit Tsunami’ already happened and what we are perceiving as deflation is really just a reversion to mean.
From my POV, only two things could cause massive inflation. One, Helicopter Ben starts giving out economic stimulus checks right from the printing press. Two, a global run on the dollar that causes people holding our hard currency to exchange it for something else.
October 22, 2008 at 5:02 PM #291608kewpParticipantThen, the actual Tsunami hits (inflation) as people are standing there on what used to be dry ground.
I’ve heard this analogy a couple times and I’m not sure what mechanism could cause an ‘Inflation Tsunami’.
From my perspective the inflation ‘Credit Tsunami’ already happened and what we are perceiving as deflation is really just a reversion to mean.
From my POV, only two things could cause massive inflation. One, Helicopter Ben starts giving out economic stimulus checks right from the printing press. Two, a global run on the dollar that causes people holding our hard currency to exchange it for something else.
October 22, 2008 at 5:02 PM #291612kewpParticipantThen, the actual Tsunami hits (inflation) as people are standing there on what used to be dry ground.
I’ve heard this analogy a couple times and I’m not sure what mechanism could cause an ‘Inflation Tsunami’.
From my perspective the inflation ‘Credit Tsunami’ already happened and what we are perceiving as deflation is really just a reversion to mean.
From my POV, only two things could cause massive inflation. One, Helicopter Ben starts giving out economic stimulus checks right from the printing press. Two, a global run on the dollar that causes people holding our hard currency to exchange it for something else.
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