Inflation – Has it arrived?

[briansd1]

[quote=SD Realtor] I cannot speak for CAR and I am certainly not the fatalist that Arraya is,
[/quote]

I don’t believe that Arraya is a fatalist. A fatalist is just resigned to whatever will be.

Arraya clearly wants a hard economic crash that causes us to reexamine our capitalist/consumerist/materialistic values.

[quote=SD Realtor]
however I do share the opinion that as long as the govt keeps telling us how they saved the world, many people will believe it, cheer for it, and go happily on believing that was the best way to do it and rubber stamping future similar behavior.[/quote]

I’m not saying that bailouts were the best things to happen or that they were fair. I’m just saying that they worked in restoring economic growth.

[socrattt]

[quote=briansd1]

I’m not saying that bailouts were the best things to happen or that they were fair. I’m just saying that they worked in restoring economic growth.[/quote]

Brian, that’s a very bold statement. Robbing Peter to pay Paul doesn’t really justify “restoring economic growth”. Looking back to 2008 I’d still say America made some very poor choices that we’ll have to carry the burden of for years to come. Failure is not allowed in America, which is a problem. I believe we learn from mistakes, whether big or small. Printing money and handing it out so that we continue our giant spending spree will merely stall a larger problem.

Minus the 4-5 months after October 2008, we’ve had 2 years that would make any investor proud. Considering that was one of the lowest points in American history I think something is missing. Where was the pain or suffering? Bailing out those that didn’t do the right thing set a huge precedence in this country.

I don’t think Arraya truly wants the markets to collapse. I don’t think anyone wants to see that, but the inevitable is there if this country doesn’t make some very big changes. Look what’s going on in Wisconsin. People are getting very angry in this country and that’s not going to stop anytime soon. If you think riots are far fetched on US soil, think again. We aren’t immune to problems in this country even if our politicians believe failure is not an option. Sometimes in life failure is the only solution.

[socrattt]

[quote=briansd1]

I’m not saying that bailouts were the best things to happen or that they were fair. I’m just saying that they worked in restoring economic growth.[/quote]

Brian, that’s a very bold statement. Robbing Peter to pay Paul doesn’t really justify “restoring economic growth”. Looking back to 2008 I’d still say America made some very poor choices that we’ll have to carry the burden of for years to come. Failure is not allowed in America, which is a problem. I believe we learn from mistakes, whether big or small. Printing money and handing it out so that we continue our giant spending spree will merely stall a larger problem.

Minus the 4-5 months after October 2008, we’ve had 2 years that would make any investor proud. Considering that was one of the lowest points in American history I think something is missing. Where was the pain or suffering? Bailing out those that didn’t do the right thing set a huge precedence in this country.

I don’t think Arraya truly wants the markets to collapse. I don’t think anyone wants to see that, but the inevitable is there if this country doesn’t make some very big changes. Look what’s going on in Wisconsin. People are getting very angry in this country and that’s not going to stop anytime soon. If you think riots are far fetched on US soil, think again. We aren’t immune to problems in this country even if our politicians believe failure is not an option. Sometimes in life failure is the only solution.

[socrattt]

[quote=briansd1]

I’m not saying that bailouts were the best things to happen or that they were fair. I’m just saying that they worked in restoring economic growth.[/quote]

Brian, that’s a very bold statement. Robbing Peter to pay Paul doesn’t really justify “restoring economic growth”. Looking back to 2008 I’d still say America made some very poor choices that we’ll have to carry the burden of for years to come. Failure is not allowed in America, which is a problem. I believe we learn from mistakes, whether big or small. Printing money and handing it out so that we continue our giant spending spree will merely stall a larger problem.

Minus the 4-5 months after October 2008, we’ve had 2 years that would make any investor proud. Considering that was one of the lowest points in American history I think something is missing. Where was the pain or suffering? Bailing out those that didn’t do the right thing set a huge precedence in this country.

I don’t think Arraya truly wants the markets to collapse. I don’t think anyone wants to see that, but the inevitable is there if this country doesn’t make some very big changes. Look what’s going on in Wisconsin. People are getting very angry in this country and that’s not going to stop anytime soon. If you think riots are far fetched on US soil, think again. We aren’t immune to problems in this country even if our politicians believe failure is not an option. Sometimes in life failure is the only solution.

[socrattt]

[quote=briansd1]

I’m not saying that bailouts were the best things to happen or that they were fair. I’m just saying that they worked in restoring economic growth.[/quote]

Brian, that’s a very bold statement. Robbing Peter to pay Paul doesn’t really justify “restoring economic growth”. Looking back to 2008 I’d still say America made some very poor choices that we’ll have to carry the burden of for years to come. Failure is not allowed in America, which is a problem. I believe we learn from mistakes, whether big or small. Printing money and handing it out so that we continue our giant spending spree will merely stall a larger problem.

Minus the 4-5 months after October 2008, we’ve had 2 years that would make any investor proud. Considering that was one of the lowest points in American history I think something is missing. Where was the pain or suffering? Bailing out those that didn’t do the right thing set a huge precedence in this country.

I don’t think Arraya truly wants the markets to collapse. I don’t think anyone wants to see that, but the inevitable is there if this country doesn’t make some very big changes. Look what’s going on in Wisconsin. People are getting very angry in this country and that’s not going to stop anytime soon. If you think riots are far fetched on US soil, think again. We aren’t immune to problems in this country even if our politicians believe failure is not an option. Sometimes in life failure is the only solution.

[socrattt]

[quote=briansd1]

I’m not saying that bailouts were the best things to happen or that they were fair. I’m just saying that they worked in restoring economic growth.[/quote]

Brian, that’s a very bold statement. Robbing Peter to pay Paul doesn’t really justify “restoring economic growth”. Looking back to 2008 I’d still say America made some very poor choices that we’ll have to carry the burden of for years to come. Failure is not allowed in America, which is a problem. I believe we learn from mistakes, whether big or small. Printing money and handing it out so that we continue our giant spending spree will merely stall a larger problem.

Minus the 4-5 months after October 2008, we’ve had 2 years that would make any investor proud. Considering that was one of the lowest points in American history I think something is missing. Where was the pain or suffering? Bailing out those that didn’t do the right thing set a huge precedence in this country.

I don’t think Arraya truly wants the markets to collapse. I don’t think anyone wants to see that, but the inevitable is there if this country doesn’t make some very big changes. Look what’s going on in Wisconsin. People are getting very angry in this country and that’s not going to stop anytime soon. If you think riots are far fetched on US soil, think again. We aren’t immune to problems in this country even if our politicians believe failure is not an option. Sometimes in life failure is the only solution.

[Arraya]

I’m certainly not a fatalist – except maybe in terms of monetary economics – which seems to have “fatal” rules of it’s own – or rather, it’s own self-annihilating logic. On the contrary, we Homo Sapiens (“wise man”) hold our destiny in our hands. But we need to start acting like it.

Yes, I’ve evolved to think a hard, fast economic crash – rather than a slow stair-step decline and decay would be best. Though, going back 5 years ago, I certainly didn’t, but did think it was likely – at least, within less than a decade.

[Arraya]

I’m certainly not a fatalist – except maybe in terms of monetary economics – which seems to have “fatal” rules of it’s own – or rather, it’s own self-annihilating logic. On the contrary, we Homo Sapiens (“wise man”) hold our destiny in our hands. But we need to start acting like it.

Yes, I’ve evolved to think a hard, fast economic crash – rather than a slow stair-step decline and decay would be best. Though, going back 5 years ago, I certainly didn’t, but did think it was likely – at least, within less than a decade.

[Arraya]

I’m certainly not a fatalist – except maybe in terms of monetary economics – which seems to have “fatal” rules of it’s own – or rather, it’s own self-annihilating logic. On the contrary, we Homo Sapiens (“wise man”) hold our destiny in our hands. But we need to start acting like it.

Yes, I’ve evolved to think a hard, fast economic crash – rather than a slow stair-step decline and decay would be best. Though, going back 5 years ago, I certainly didn’t, but did think it was likely – at least, within less than a decade.

[Arraya]

I’m certainly not a fatalist – except maybe in terms of monetary economics – which seems to have “fatal” rules of it’s own – or rather, it’s own self-annihilating logic. On the contrary, we Homo Sapiens (“wise man”) hold our destiny in our hands. But we need to start acting like it.

Yes, I’ve evolved to think a hard, fast economic crash – rather than a slow stair-step decline and decay would be best. Though, going back 5 years ago, I certainly didn’t, but did think it was likely – at least, within less than a decade.

[Arraya]

I’m certainly not a fatalist – except maybe in terms of monetary economics – which seems to have “fatal” rules of it’s own – or rather, it’s own self-annihilating logic. On the contrary, we Homo Sapiens (“wise man”) hold our destiny in our hands. But we need to start acting like it.

Yes, I’ve evolved to think a hard, fast economic crash – rather than a slow stair-step decline and decay would be best. Though, going back 5 years ago, I certainly didn’t, but did think it was likely – at least, within less than a decade.

[SD Realtor]

Rich I would also add that services will indeed be affected by inflation. In that respect the cost of water, the cost of sewer and other associated municipal services. Again, anyone looking for an official measure of these sorts of things really should just look at their own budget. I also think a reduction in services normally supplied by states and municipalities will also result in price pressure for those same services or a lower quality of those services for the same price. So you pay more for the same quality or pay the same for lower quality, to me that is an inflationary symptom.

[SD Realtor]

Rich I would also add that services will indeed be affected by inflation. In that respect the cost of water, the cost of sewer and other associated municipal services. Again, anyone looking for an official measure of these sorts of things really should just look at their own budget. I also think a reduction in services normally supplied by states and municipalities will also result in price pressure for those same services or a lower quality of those services for the same price. So you pay more for the same quality or pay the same for lower quality, to me that is an inflationary symptom.

[SD Realtor]

Rich I would also add that services will indeed be affected by inflation. In that respect the cost of water, the cost of sewer and other associated municipal services. Again, anyone looking for an official measure of these sorts of things really should just look at their own budget. I also think a reduction in services normally supplied by states and municipalities will also result in price pressure for those same services or a lower quality of those services for the same price. So you pay more for the same quality or pay the same for lower quality, to me that is an inflationary symptom.

[SD Realtor]

Rich I would also add that services will indeed be affected by inflation. In that respect the cost of water, the cost of sewer and other associated municipal services. Again, anyone looking for an official measure of these sorts of things really should just look at their own budget. I also think a reduction in services normally supplied by states and municipalities will also result in price pressure for those same services or a lower quality of those services for the same price. So you pay more for the same quality or pay the same for lower quality, to me that is an inflationary symptom.

[Author]

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