Home › Forums › Financial Markets/Economics › Money Supply – Exploding Inflation
- This topic has 316 replies, 25 voices, and was last updated 12 years, 4 months ago by
urbanrealtor.
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December 3, 2011 at 5:26 PM #733958December 3, 2011 at 6:08 PM #733959
Arraya
Participant[quote=urbanrealtor]IMHO discussion of an apocalypse without zombies is just a waste of pixels.[/quote]
This is the debtocalypse and we have zombie-capitalism eating the world.
Our system of consumption-based economic growth, of ineffectual democracy, of over loading the earth resource capacity, of unfettered corporate greed plus a trillion dollar advertising industry urging us to consume ever more – this system, OUR system – is in the process of eating itself alive.
If we, the youth of the world, do not come alive and start fighting for a different kind of future, then we will not have one
-From adbusters(a dirty hippie anti-capitalist magazine) this month, and on the money.
Yes, less government regulation, budget cuts and the gold standard should straighten us right out. Nothing the free market can’t fix.
December 3, 2011 at 11:32 PM #733967urbanrealtor
ParticipantNo dude.
Printing money is not inflation per se.
Printing money is printing money.
Inflation is broad based price increases.
Printing often historically has led to inflation but they are not the same thing.
Currently there are no stores of wealth as safe as greenbacks that are widely accessible.
Some commodities (eg: gold, oil) function as alternative stores but thats really a different thing.
There is not any near-term risk of loss of confidence.
Inflation of less than 10 percent per year is not considered high.Remember, you started this thread by discussing “exploding inflation” which simply does not exist right now (or in the foreseeable future or the last 30 years)
We are have been seeing less than 5% inflation annually since 2005.
And one more plain talkin’ texan won’t save anyone from any apocalypse.
That is true whether it is LBJ, W, Perry, or Paul.
December 4, 2011 at 7:34 AM #733969markmax33
Guest[quote=urbanrealtor]No dude.
Printing money is not inflation per se.
Printing money is printing money.
Inflation is broad based price increases.
Printing often historically has led to inflation but they are not the same thing.
Currently there are no stores of wealth as safe as greenbacks that are widely accessible.
Some commodities (eg: gold, oil) function as alternative stores but thats really a different thing.
There is not any near-term risk of loss of confidence.
Inflation of less than 10 percent per year is not considered high.Remember, you started this thread by discussing “exploding inflation” which simply does not exist right now (or in the foreseeable future or the last 30 years)
We are have been seeing less than 5% inflation annually since 2005.
And one more plain talkin’ texan won’t save anyone from any apocalypse.
That is true whether it is LBJ, W, Perry, or Paul.[/quote]
UrbanRealtor,
History has shown that printing money is what destroys the currency and it is inflation. There are hundreds of examples I can point you to. Stop believing these non-sense Keynesian economists that tell you all of this stuff about how we’re different. They are lying and it has been proven 100s of times. You keep citing the same reasoning that people had during the last 200 currency failures as to why they can’t fail. How many times does a system have to fail for you to believe something, 10 times? 50 times? 100 times? 1000 times?If you haven’t read Ron Paul’s books where it clearly explains the solutions how could you discredit him? You just assume and write things in a blog? At least listen to man’s ideas before you slander him in print. You could at least debate the validity of them at that point.
December 4, 2011 at 8:39 AM #733971Guest[quote=flu][quote=markmax33][quote=urbanrealtor]IMHO discussion of an apocalypse without zombies is just a waste of pixels.[/quote]
it’s not an Apocalypse when there is a candidate that can fix the issue. You should be voting for Ron Paul.[/quote]
One man won’t change shit, especially in this country… If we were a dictatorship or a communist country, then the *right* man or woman *might* be able to affect change…
Come on, do you think if Paul was Prez, he could get Congress to do anything? And I really wonder how Paul would do when it comes to issues like terrorism and national security. Would he be prepared to send a military to drop a few big bombs, or would he just sit there and sing kumbaya, and “let’s all be friends”…[/quote]
Flu,
I’m about to blow your mind on how Ron Paul can change things very effectively. I need you to agree to watch the videos I post so we can debate them though and not just poke fun at him. This is the first video you have to watch. There are 4 parts, the first one is about the validity of the data and part 2 is where it really picks up:Tell me your thoughts about suicide bombers motivations after that video and then I can explain the rest. If we can’t get to a common ground based on this video we can’t get anywhere.
December 4, 2011 at 12:49 PM #733996ParticipantYeah.
You pleasure yourself using a picture of Ron Paul.
We get it.
You think he is the new Jesus.
We get it.
Ron Paul is God’s last prophet (blessings be upon him).
We get it.Do you have more than one note in your song?
As far as inflation, you don’t really understand it at all. If you were to print money and bury it in the ground, it would have no effect (other than to kill trees).
That is kind of what happened here.
Anyway, the definition of inflation is price rise.
There have not been significant price increases.
Ergo, your argument fails as bad as your Toscano-as-a-dumb-tea-partyer impressions (because he isn’t).
Q to the E to the muthafuckin D.
Here.
Read the first sentence here.
http://en.wikipedia.org/wiki/InflationAlso, read this article about someone who knows more about economics than you or Ron Paul.
http://en.wikipedia.org/wiki/Tokio_HotelDecember 4, 2011 at 1:08 PM #733998patientrenter
Participant[quote=urbanrealtor]….
Printing money is not inflation per se.
Printing money is printing money.
Inflation is broad based price increases.
Printing often historically has led to inflation but they are not the same thing….[/quote]urbanrealtor, thank goodness you and some other people still respect the English language, and little details like meaning and accurate definitions.
Do we still have one-note markmax singing the same old tune here? Even those of us who didn’t mind the tune are now tired of hearing it. We are so done, markmax.
December 4, 2011 at 1:22 PM #734000ParticipantAlso, they are printing credit(mostly). Which is not unlike lots of people taking out loans or using their credit cards. We’ve been inflating for many decades under most definitions(price and money/credit supply).
Personally, I don’t like the definition”broad based price increase”. I’d say broad based prices moves are a lagging indicator of the supply of money and CREDIT. Because credit contractions, like we had at the end of 2008 – spring 09, which could happen again – cause prices to COLLAPSE.
December 4, 2011 at 4:04 PM #734007Guest[quote=patientrenter][quote=urbanrealtor]….
Printing money is not inflation per se.
Printing money is printing money.
Inflation is broad based price increases.
Printing often historically has led to inflation but they are not the same thing….[/quote]urbanrealtor, thank goodness you and some other people still respect the English language, and little details like meaning and accurate definitions.
Do we still have one-note markmax singing the same old tune here? Even those of us who didn’t mind the tune are now tired of hearing it. We are so done, markmax.[/quote]
Explain to me how you justify ignoring history! You are so comical! Don’t you even have some sort of analysis why the dollar is different than the other 200 fiat currencies that all failed? Anything? You make the same dang arguments they made when the other fiat currencies failed. God save your souls.
December 4, 2011 at 4:06 PM #734006Guest[quote=urbanrealtor]Yeah.
You pleasure yourself using a picture of Ron Paul.
We get it.
You think he is the new Jesus.
We get it.
Ron Paul is God’s last prophet (blessings be upon him).
We get it.Do you have more than one note in your song?
As far as inflation, you don’t really understand it at all. If you were to print money and bury it in the ground, it would have no effect (other than to kill trees).
That is kind of what happened here.
Anyway, the definition of inflation is price rise.
There have not been significant price increases.
Ergo, your argument fails as bad as your Toscano-as-a-dumb-tea-partyer impressions (because he isn’t).
Q to the E to the muthafuckin D.
Here.
Read the first sentence here.
http://en.wikipedia.org/wiki/InflationAlso, read this article about someone who knows more about economics than you or Ron Paul.
http://en.wikipedia.org/wiki/Tokio_Hotel%5B/quote%5DUrbanRealtor,
You can continue to ignore history and call names. Nobody agrees with you but whatever makes you feel good sir! I present you all 200 fiat currencies and you don’t even take time to read about them. I’m sorry but not even reading something and then calling names makes you ignorant.They printed currency and handed it out. They didn’t bury it! What kind of crap is that? Didn’t you read the fed audit? $16T printed and handed out in a couple years. Hello?
December 4, 2011 at 5:35 PM #734010scaredyclassic
ParticipantThe dollar is different because it’s the worlds reserve currency.
Name ONE if the other 200 that had that status. just ONE!!!!
December 4, 2011 at 5:36 PM #734011Hobie
ParticipantFlu hit it with the one man comment. This the exact reason that Ross Perot lost. Top dog running a company is a dictatorship and you don’t have that with congress. Gotta work with congress. I’m not convinced Ron Paul can do that; and many people agree. That alone trumps any of his positions on the issues.
Speaking of Trump…. what say Ron???
December 4, 2011 at 6:28 PM #734012Guest[quote=walterwhite]The dollar is different because it’s the worlds reserve currency.
Name ONE if the other 200 that had that status. just ONE!!!![/quote]
Many of them were the currencies of the most dominant culture of that time. I haven’t looked but I bet the Roman currency was widely used around the world before it busted. I the British currency was used on almost every continent right before we broke away from them. Reserve currency status is a short term concept and it will collapse.
December 4, 2011 at 6:29 PM #734013Guest[quote=Hobie]Flu hit it with the one man comment. This the exact reason that Ross Perot lost. Top dog running a company is a dictatorship and you don’t have that with congress. Gotta work with congress. I’m not convinced Ron Paul can do that; and many people agree. That alone trumps any of his positions on the issues.
Speaking of Trump…. what say Ron???[/quote]
I need to Flu to agree with me on the suicide bomber’s motivation from the CIA and DOD and then I can describe what Ron Paul can do. It is really simple, you just have never thought of it.
December 4, 2011 at 6:55 PM #734015ParticipantBet me.
Don’t sidestep my point. Why did RP puss out with a debate moderated by Trump? Moderated??? ~s~NO~~w balls. -
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