Home › Forums › Financial Markets/Economics › Money Supply – Exploding Inflation
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December 5, 2011 at 8:21 AM #734050December 5, 2011 at 8:24 AM #734051CoronitaParticipant
[quote=markmax33][quote=SK in CV]
I’ll spell it out for you asshole. “Jews control the media” and “Jews are anti-American” are anti-semitic narratives. Only slight variations of what Hitler used 80 years ago. It was the beginning of the end of 1/2 the Jews in the world. Drawn almost directly from “The Elders of the Protocol of Zion”, which forged the roadmap that the Nazis used. That you don’t see it reflects much more on your idiocy than my lack of debating skills.[/quote]This is a VERY uneducated statement. This is the problem with Jewish point of view. They call anti-Semite on every thing you try to say. The second you call American foreign aid to Israel unconstitutional you get called an anti-Semite. It is un-american to provoke our country into helping any state and un-american to put us in the middle of other people’s wars. All of us Americans immigrated here from other countries and our fore fathers were probably all oppressed in their country or why would they have left and traveled thousands of miles on a ship? Your people are no more important than my people under the constitution. What happened generations ago on another continent has nothing to do with our modern day democracy and you should be ashamed of yourself for continuing to bring it up in arguments.[/quote]
You really don’t want to go there. You’re digging yourself into a bigger hole…
December 5, 2011 at 8:30 AM #734052markmax33Guest[quote=SK in CV]
And when it comes to politics (or any other subject for that matter), to identify any group as homogenous regarding a certain trait, particularly a negative trait, well that is the very genesis of bigotry. I certainly don’t have any undue influence over the media. If i did, Weeds would have at least a 24 episode season.Forgive me if I’m a little touchy on some catch phrases. But “jews are un-american” is a whole lot like “jews are un-german”. Doesn’t sound very violent. Until it turned violent one night 73 years ago. The violence didn’t end well.[/quote]
Why didn’t you attack Arraya then? He’s the one who said it first! You attacked the Ron Paul guy because it was convenient and you’ve been attacking me on the blog for weeks just like the Jewish league attacks Ron Paul. I find that very odd to pick and choose as you did. Yes, that is unamerican, picking out a group of people and poking fun at them constantly just as you suggested. Remember the Jewish league picked on Ron Paul first, he never had a bad thing to say about them or singled them out once. You are a hypocrite.
December 5, 2011 at 8:33 AM #734054markmax33Guest[quote=flu][quote=pri_dk]I generally don’t agree with banning people – every one has a right to speak, even if they say ignorant things.
I suggest it’s time we all just ignore the loser (yup, I called him a name!) If we all do it, the problem may go away.
Also, let’s resist the urge to start a general debate about Israeli history. Not gonna resolve that one here.
And it wouldn’t be appropriate to argue this issue at a time close to Hanukkah, which is kinda like Christmas for the Israelis, right? ;-)[/quote]
Markets open in 13 minutes and today’s going to be a irrational day, so I’ll be brief…
It’s not necessarily about Israel.. I was just curious how Wrong Paul would do in general on special interests groups…I’m curious how Wrong Paul would handle special interest group from Saudia Arabia too.. That’s been going on for a long long time too.
Max will probably go away after the elections or earlier once the GOP candidate comes forward..,… Looking more and more like it’s going to be Newt…Scary….[/quote]
Did you even watch the video about the suicide bombers flu?
December 5, 2011 at 9:07 AM #734055CoronitaParticipant[quote=markmax33][quote=flu][quote=pri_dk]I generally don’t agree with banning people – every one has a right to speak, even if they say ignorant things.
I suggest it’s time we all just ignore the loser (yup, I called him a name!) If we all do it, the problem may go away.
Also, let’s resist the urge to start a general debate about Israeli history. Not gonna resolve that one here.
And it wouldn’t be appropriate to argue this issue at a time close to Hanukkah, which is kinda like Christmas for the Israelis, right? ;-)[/quote]
Markets open in 13 minutes and today’s going to be a irrational day, so I’ll be brief…
It’s not necessarily about Israel.. I was just curious how Wrong Paul would do in general on special interests groups…I’m curious how Wrong Paul would handle special interest group from Saudia Arabia too.. That’s been going on for a long long time too.
Max will probably go away after the elections or earlier once the GOP candidate comes forward..,… Looking more and more like it’s going to be Newt…Scary….[/quote]
Did you even watch the video about the suicide bombers flu?[/quote]
No, I got better things to do.
December 5, 2011 at 9:07 AM #734056urbanrealtorParticipantSK:
I think you need to actually do something other than be an anti-Jewish (which is different from anti-semitic) bigot to be called a Nazi.For example..say..advocate putting them in ovens or at least endorse a pogrom or something. You can call Ratko Mladic a Nazi or maybe Tom Metzger.
However, some assclown who whacks off to pictures of RP and blames Jews for him not being successful (instead of his actual positions..which are often poorly thought out and articulated) does not rise to that particular designation.
As a native of Nuremberg, most of my babysitters were former party members.
There is indeed a difference between “I don’t like/trust those people” and “The Holocaust never happened and anyway they deserved it”. I have actually been present for conversations that involved the latter.
December 5, 2011 at 9:35 AM #734057urbanrealtorParticipant[quote=flu]
Markets open in 13 minutes and today’s going to be a irrational day, so I’ll be brief…
It’s not necessarily about Israel.. I was just curious how Wrong Paul would do in general on special interests groups…I’m curious how Wrong Paul would handle special interest group from Saudia Arabia too.. That’s been going on for a long long time too.
Max will probably go away after the elections or earlier once the GOP candidate comes forward..,… Looking more and more like it’s going to be Newt…Scary….[/quote]
As an Obama supporter, I really am stoked about Newt getting the nomination.
He is self-destructive and unstable.
He is very intelligent but that does not make for a good candidate per se.Romney is a cause for concern because he is good at drawing from the center (though his flip flops will hurt him).
Huntsman is a fucking nightmare for Obama.
He is very intelligent and restrained and actually looks presidential.
He would be a credible threat if he got the nomination.
I am pleased that he remains behind.Bachman, Perry, and Santorum are just punchlines.
December 5, 2011 at 9:47 AM #734059SK in CVParticipant[quote=flu]
[quote=asshat]
This is a VERY uneducated statement. This is the problem with Jewish point of view. They call anti-Semite on every thing you try to say. The second you call American foreign aid to Israel unconstitutional you get called an anti-Semite. It is un-american to provoke our country into helping any state and un-american to put us in the middle of other people’s wars. All of us Americans immigrated here from other countries and our fore fathers were probably all oppressed in their country or why would they have left and traveled thousands of miles on a ship? Your people are no more important than my people under the constitution. What happened generations ago on another continent has nothing to do with our modern day democracy and you should be ashamed of yourself for continuing to bring it up in arguments.[/quote]You really don’t want to go there. You’re digging yourself into a bigger hole…[/quote]
Dug the whole. Jumped in. Buried himself.
Check mate.
December 5, 2011 at 10:10 AM #734061markmax33Guest[quote=flu][quote=markmax33][quote=flu][quote=pri_dk]I generally don’t agree with banning people – every one has a right to speak, even if they say ignorant things.
I suggest it’s time we all just ignore the loser (yup, I called him a name!) If we all do it, the problem may go away.
Also, let’s resist the urge to start a general debate about Israeli history. Not gonna resolve that one here.
And it wouldn’t be appropriate to argue this issue at a time close to Hanukkah, which is kinda like Christmas for the Israelis, right? ;-)[/quote]
Markets open in 13 minutes and today’s going to be a irrational day, so I’ll be brief…
It’s not necessarily about Israel.. I was just curious how Wrong Paul would do in general on special interests groups…I’m curious how Wrong Paul would handle special interest group from Saudia Arabia too.. That’s been going on for a long long time too.
Max will probably go away after the elections or earlier once the GOP candidate comes forward..,… Looking more and more like it’s going to be Newt…Scary….[/quote]
Did you even watch the video about the suicide bombers flu?[/quote]
No, I got better things to do.[/quote]
it’s rather childish of you to knock Ron Paul when you won’t even start to listen to normal logic. I guess your opinion means nothing.December 5, 2011 at 10:12 AM #734062scaredyclassicParticipantMarkmax let me ask you this; are Jewish lawyers on average smarter or better than the average nonjew lawyer?
December 5, 2011 at 10:40 AM #734063markmax33Guest[quote=walterwhite]Markmax let me ask you this; are Jewish lawyers on average smarter or better than the average nonjew lawyer?[/quote]
I have no clue. People are people.
December 5, 2011 at 11:07 AM #734065scaredyclassicParticipantYou don’t get to control the media by just being ordinary people though, correct?
December 5, 2011 at 12:57 PM #734072ArrayaParticipant[quote=SK in CV]
I don’t know where those maps came from, but in 1946 the Palestinians had no land. From 1949 until 1967, there were no changes. And yet, they had no country. They still don’t. Over 70% of the inhabited land that would have been Israel under the UN partition plan was not owned or inhabited by Palestinians. So they couldn’t possibly have lost it. And the final map is totally bogus. None of the land outside the green line is within Israeli borders. (And you did say borders.) Settlements are a whole different story. You’ll get no argument from me on the settlements. The worst idea ever.[/quote]eh, I should not have opened this can of worms. They’ve forcibly relocating a population due to their religion for 60s+ years with very little breaks. I guess, to define it as “expanding boarders” is contingent on how you define what is going on with the settlements, besides that land seizure of 67. Yes, technically you are correct the settlement expansion does not constitute boarder expansion -but it does in spirit, since people are still being moved.
I disagree with a few other things but well save that for another thread that is at least tangentially related to the topic.
December 5, 2011 at 1:55 PM #734074ArrayaParticipantOn topic:
http://theautomaticearth.blogspot.com/
However, concern about the inflationary trend continuing into the future is misplaced. That is where we have come from, but it is not where we are going. Simply extrapolating past trends forward is tempting, but does not constitute meaningful analysis and has no genuine predictive value. It is far more important to be able to identify coming trend changes and to understand where these will lead.
Decades of inflation lie behind us. It is deflation – the contraction of the supply of money plus credit relative to available goods and services – that lies ahead. The threat we are facing is the rapid and chaotic extinguishing of the myriad excess claims to underlying real wealth created during our thirty years of credit hyper-expansion.
Here is another illustrative parable of financialization run amok, looking this time at the real world consequences that follow. Whereas credit expansion pushed up both demand and prices, creating the perception of great wealth in the process, the inevitable bust crashes prices and ruins businesses. The artificial demand boost disappears, but rather than return to its previous level, demand crashes and remains depressed for a long period of time.
snip
As we have said many times, rallies are kind to central authorities, because the supportive psychology of a rally, complete with suspension of disbelief, allows their actions to appear effective, temporarily. Stimulus packages seemed to achieve the desired ends, at least in terms of elevating the markets, suggesting that we were facing a relatively simple problem with a straightforward solution.
A dangerous perception has developed that central bankers are so much wiser and better informed than their predecessors in other times and places, that the lessons of the past have been learned and the pitfalls of the past avoided. This is of course the height of hubris. If a predicament such as this could be so easily resolved, then there would be no similar crises in the historical record. We cannot simply assume that previous central authorities were blind, ignorant, unimaginative or disinterested in self-preservation.
Now that the downtrend has reasserted itself with a vengeance, the supportive psychology of a rally no longer exists. Confidence is ebbing again, and fear is sharply in the ascendancy. We can already see how ineffectual the actions of central authorities are under such circumstances. Everything they do is too little, too late, and every failed attempt to stem staunch the financial hemorrhage only makes them look more desperate, which undermines confidence further in a vicious circle.Over the next year and beyond, we will discover what credit crunch really means. It is an economic seizure, and its effect is devastating. Credit in its myriad forms represents the vast majority of the money supply, and it is about to lose its money equivalency. This will leave only cash, and that cash will be extremely scarce.
Aggravating the effect of crashing the money supply will be a substantial fall in the velocity of money, meaning that money will largely cease to circulate in the economy as people hang on to every penny they can get their hands on.
Money is the lubricant in the engine of the economy in the way that motor oil is the lubricant in a vehicle engine. Attempting to run any kind of engine with insufficient lubricant will result in that engine seizing up.
Without the monetary exchange that we have built into our system at every level, it will not be possible to connect buyers and sellers, producers and consumers.
Nothing moves in an economic depression. This is the polar opposite of the frenetic activity of the inflationary boom years. Instead of the orgy of consumption to which we have become accustomed, we will experience austerity on a scale we cannot yet imagine.
Demand will evaporate, not because people do not have wants, but because they will lack the purchasing power to turn those wants and needs into consumption. Demand is not what we want, but what we can pay for.
We will be looking at falling prices as lack of demand undercuts price support, but because purchasing power will be falling much more quickly than prices, everything will become far less affordable, even as prices fall. As a much larger percentage of the much smaller money supply begins to chase essentials, those will receive relative price support, and will be the least affordable of all.
We must prepare right now for the onset of a long period of deflation and depression. Many people are reluctant to make preparations until they see the roof on fire, but by then it will be too late to take action.
To reiterate the advice TAE has been offering since its inception – hold no debt, hold liquidity in order to maintain freedom of action, gain some control over the essentials of your own existence, and build social capital in your own communities.
There is no time to waste in securing what you have, under your own control to the greatest extent you can manage. The future is at our doorstep, and it does not look like the past as we have known it.
December 5, 2011 at 3:37 PM #734080markmax33Guest[quote=walterwhite]You don’t get to control the media by just being ordinary people though, correct?[/quote]
Well when the Jewish league and several other jewish organizations leave Ron Paul out of debates that is discriminatory. They said it, not me. I’m just repeating it. I’m not sure why I get judged for something other people have said.
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