How do you feel about the future of US?

[briansd1]

One good thing that comes out of the high public debts is that we won’t be able to start costly new wars.

Our priorities are screwed up really.

In economic terms, that would be like spending $1 million now to save $10,000 in future expense. Ridiculous!

[werewolf34]

US policy is strongly pointing towards inflation.

This rewards people with real assets (real estate, gold) and unfortunately those who gambled in real estate.

We are socializing the loss but it is what is political acceptable in the US. Sorry middle class but you have no political clout anymore

Welcome to the suck

Imagine life where the dollar is worth 50% of what it is today. After groceries and gas, will you have anything left?

[werewolf34]

US policy is strongly pointing towards inflation.

This rewards people with real assets (real estate, gold) and unfortunately those who gambled in real estate.

We are socializing the loss but it is what is political acceptable in the US. Sorry middle class but you have no political clout anymore

Welcome to the suck

Imagine life where the dollar is worth 50% of what it is today. After groceries and gas, will you have anything left?

[werewolf34]

US policy is strongly pointing towards inflation.

This rewards people with real assets (real estate, gold) and unfortunately those who gambled in real estate.

We are socializing the loss but it is what is political acceptable in the US. Sorry middle class but you have no political clout anymore

Welcome to the suck

Imagine life where the dollar is worth 50% of what it is today. After groceries and gas, will you have anything left?

[werewolf34]

US policy is strongly pointing towards inflation.

This rewards people with real assets (real estate, gold) and unfortunately those who gambled in real estate.

We are socializing the loss but it is what is political acceptable in the US. Sorry middle class but you have no political clout anymore

Welcome to the suck

Imagine life where the dollar is worth 50% of what it is today. After groceries and gas, will you have anything left?

[werewolf34]

US policy is strongly pointing towards inflation.

This rewards people with real assets (real estate, gold) and unfortunately those who gambled in real estate.

We are socializing the loss but it is what is political acceptable in the US. Sorry middle class but you have no political clout anymore

Welcome to the suck

Imagine life where the dollar is worth 50% of what it is today. After groceries and gas, will you have anything left?

[Nor-LA-SD-guy]

OK I just don’t see inflation happening,
Really have you guy’s thought this through,

You need near full employment to have inflation I would think, and we really can be self sufficient in the U.S.A believe it or not, it may take five years but we have the ability to do it (the point is they need us a lot more than we need them who ever they are).

Deflation I think is still the rule of the day, maybe in five years we can talk about inflation again but the world will be a different place in five years so it is almost pointless to speculate.

If the China bubble does burst commodities will bust too, I think that will go a long way toward easing inflation as well but I am not a big believer that china bubble will burst anytime in the next few years either.

[Nor-LA-SD-guy]

OK I just don’t see inflation happening,
Really have you guy’s thought this through,

You need near full employment to have inflation I would think, and we really can be self sufficient in the U.S.A believe it or not, it may take five years but we have the ability to do it (the point is they need us a lot more than we need them who ever they are).

Deflation I think is still the rule of the day, maybe in five years we can talk about inflation again but the world will be a different place in five years so it is almost pointless to speculate.

If the China bubble does burst commodities will bust too, I think that will go a long way toward easing inflation as well but I am not a big believer that china bubble will burst anytime in the next few years either.

[Nor-LA-SD-guy]

OK I just don’t see inflation happening,
Really have you guy’s thought this through,

You need near full employment to have inflation I would think, and we really can be self sufficient in the U.S.A believe it or not, it may take five years but we have the ability to do it (the point is they need us a lot more than we need them who ever they are).

Deflation I think is still the rule of the day, maybe in five years we can talk about inflation again but the world will be a different place in five years so it is almost pointless to speculate.

If the China bubble does burst commodities will bust too, I think that will go a long way toward easing inflation as well but I am not a big believer that china bubble will burst anytime in the next few years either.

[Nor-LA-SD-guy]

OK I just don’t see inflation happening,
Really have you guy’s thought this through,

You need near full employment to have inflation I would think, and we really can be self sufficient in the U.S.A believe it or not, it may take five years but we have the ability to do it (the point is they need us a lot more than we need them who ever they are).

Deflation I think is still the rule of the day, maybe in five years we can talk about inflation again but the world will be a different place in five years so it is almost pointless to speculate.

If the China bubble does burst commodities will bust too, I think that will go a long way toward easing inflation as well but I am not a big believer that china bubble will burst anytime in the next few years either.

[Nor-LA-SD-guy]

OK I just don’t see inflation happening,
Really have you guy’s thought this through,

You need near full employment to have inflation I would think, and we really can be self sufficient in the U.S.A believe it or not, it may take five years but we have the ability to do it (the point is they need us a lot more than we need them who ever they are).

Deflation I think is still the rule of the day, maybe in five years we can talk about inflation again but the world will be a different place in five years so it is almost pointless to speculate.

If the China bubble does burst commodities will bust too, I think that will go a long way toward easing inflation as well but I am not a big believer that china bubble will burst anytime in the next few years either.

[werewolf34]

Two types of inflation in my mind: 1) price to consumer and 2) price of ‘assets’

1) Inflation in gas prices, groceries are real things. Premium was $1.45 in CA in 2002 and is $3.30 at the same gas station today. May not feel like inflation b/c these items inflated before / during the RE bubble. $3.30 is cheap if you remember it being $4.50 beforehand. Do the same math with a gallon of milk. I remember 2.50 in the early 2000s and see 4.50 to 5.00 nowadays

2) Cash earning near 0% in bank accounts is fleeing to hard assets and equities. Can someone explain to me why most of the S&P is trading above 10 yr averages in midst of recession?

If you follow the ‘smart’ money, John Paulson is long into gold.

The bigger x-factor in inflation/deflation is the reduction in consumer credit from the banks.

[werewolf34]

Two types of inflation in my mind: 1) price to consumer and 2) price of ‘assets’

1) Inflation in gas prices, groceries are real things. Premium was $1.45 in CA in 2002 and is $3.30 at the same gas station today. May not feel like inflation b/c these items inflated before / during the RE bubble. $3.30 is cheap if you remember it being $4.50 beforehand. Do the same math with a gallon of milk. I remember 2.50 in the early 2000s and see 4.50 to 5.00 nowadays

2) Cash earning near 0% in bank accounts is fleeing to hard assets and equities. Can someone explain to me why most of the S&P is trading above 10 yr averages in midst of recession?

If you follow the ‘smart’ money, John Paulson is long into gold.

The bigger x-factor in inflation/deflation is the reduction in consumer credit from the banks.

[werewolf34]

Two types of inflation in my mind: 1) price to consumer and 2) price of ‘assets’

1) Inflation in gas prices, groceries are real things. Premium was $1.45 in CA in 2002 and is $3.30 at the same gas station today. May not feel like inflation b/c these items inflated before / during the RE bubble. $3.30 is cheap if you remember it being $4.50 beforehand. Do the same math with a gallon of milk. I remember 2.50 in the early 2000s and see 4.50 to 5.00 nowadays

2) Cash earning near 0% in bank accounts is fleeing to hard assets and equities. Can someone explain to me why most of the S&P is trading above 10 yr averages in midst of recession?

If you follow the ‘smart’ money, John Paulson is long into gold.

The bigger x-factor in inflation/deflation is the reduction in consumer credit from the banks.

[werewolf34]

Two types of inflation in my mind: 1) price to consumer and 2) price of ‘assets’

1) Inflation in gas prices, groceries are real things. Premium was $1.45 in CA in 2002 and is $3.30 at the same gas station today. May not feel like inflation b/c these items inflated before / during the RE bubble. $3.30 is cheap if you remember it being $4.50 beforehand. Do the same math with a gallon of milk. I remember 2.50 in the early 2000s and see 4.50 to 5.00 nowadays

2) Cash earning near 0% in bank accounts is fleeing to hard assets and equities. Can someone explain to me why most of the S&P is trading above 10 yr averages in midst of recession?

If you follow the ‘smart’ money, John Paulson is long into gold.

The bigger x-factor in inflation/deflation is the reduction in consumer credit from the banks.

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