Home › Forums › Financial Markets/Economics › Paul Krugman poo poos inflation
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patb.
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May 29, 2009 at 10:40 AM #407871May 29, 2009 at 11:07 AM #407160
peterb
ParticipantHe’s a commie and he cant explain anything logically because it’s all BS. So even when he may be on to something, he doesnt know why or for what reasons. Useless.
This round table discussion is really worth a listen. Krugman opens his yap here and shows what an idiot he really is. But the other guys are pretty sharp:
http://www.pen.org/viewmedia.php/prmMID/3487/prmID/1376May 29, 2009 at 11:07 AM #407404peterb
ParticipantHe’s a commie and he cant explain anything logically because it’s all BS. So even when he may be on to something, he doesnt know why or for what reasons. Useless.
This round table discussion is really worth a listen. Krugman opens his yap here and shows what an idiot he really is. But the other guys are pretty sharp:
http://www.pen.org/viewmedia.php/prmMID/3487/prmID/1376May 29, 2009 at 11:07 AM #407645peterb
ParticipantHe’s a commie and he cant explain anything logically because it’s all BS. So even when he may be on to something, he doesnt know why or for what reasons. Useless.
This round table discussion is really worth a listen. Krugman opens his yap here and shows what an idiot he really is. But the other guys are pretty sharp:
http://www.pen.org/viewmedia.php/prmMID/3487/prmID/1376May 29, 2009 at 11:07 AM #407708peterb
ParticipantHe’s a commie and he cant explain anything logically because it’s all BS. So even when he may be on to something, he doesnt know why or for what reasons. Useless.
This round table discussion is really worth a listen. Krugman opens his yap here and shows what an idiot he really is. But the other guys are pretty sharp:
http://www.pen.org/viewmedia.php/prmMID/3487/prmID/1376May 29, 2009 at 11:07 AM #407856peterb
ParticipantHe’s a commie and he cant explain anything logically because it’s all BS. So even when he may be on to something, he doesnt know why or for what reasons. Useless.
This round table discussion is really worth a listen. Krugman opens his yap here and shows what an idiot he really is. But the other guys are pretty sharp:
http://www.pen.org/viewmedia.php/prmMID/3487/prmID/1376May 29, 2009 at 1:54 PM #407245moneymaker
ParticipantI think I have it all figured out,finally!The government can raise money through 10 year T-bills or they can print money. When not enough money is comming from T-bills they raise the rates to attract buyers = inflation. When not enough revenue comes in from T-bills they print money = inflation. Of course both are going on concurrently, it is a matter of quantity. Not sure if we can go the Japanese route. Not sure we want to! I know I don’t want to experience stagflation for the next 10 years.
May 29, 2009 at 1:54 PM #407488moneymaker
ParticipantI think I have it all figured out,finally!The government can raise money through 10 year T-bills or they can print money. When not enough money is comming from T-bills they raise the rates to attract buyers = inflation. When not enough revenue comes in from T-bills they print money = inflation. Of course both are going on concurrently, it is a matter of quantity. Not sure if we can go the Japanese route. Not sure we want to! I know I don’t want to experience stagflation for the next 10 years.
May 29, 2009 at 1:54 PM #407730moneymaker
ParticipantI think I have it all figured out,finally!The government can raise money through 10 year T-bills or they can print money. When not enough money is comming from T-bills they raise the rates to attract buyers = inflation. When not enough revenue comes in from T-bills they print money = inflation. Of course both are going on concurrently, it is a matter of quantity. Not sure if we can go the Japanese route. Not sure we want to! I know I don’t want to experience stagflation for the next 10 years.
May 29, 2009 at 1:54 PM #407793moneymaker
ParticipantI think I have it all figured out,finally!The government can raise money through 10 year T-bills or they can print money. When not enough money is comming from T-bills they raise the rates to attract buyers = inflation. When not enough revenue comes in from T-bills they print money = inflation. Of course both are going on concurrently, it is a matter of quantity. Not sure if we can go the Japanese route. Not sure we want to! I know I don’t want to experience stagflation for the next 10 years.
May 29, 2009 at 1:54 PM #407940moneymaker
ParticipantI think I have it all figured out,finally!The government can raise money through 10 year T-bills or they can print money. When not enough money is comming from T-bills they raise the rates to attract buyers = inflation. When not enough revenue comes in from T-bills they print money = inflation. Of course both are going on concurrently, it is a matter of quantity. Not sure if we can go the Japanese route. Not sure we want to! I know I don’t want to experience stagflation for the next 10 years.
May 29, 2009 at 2:19 PM #407275sobmaz
ParticipantHellloooo????????????????
Did you notice the Federal Government has started sending checks to people? As they increasingly continue this, won’t that get the newly printed dollars in circulation?
I am not a Nobel Peace Prize winner but common sense says when more and more people are laid off and stop producing goods or services and then the Federal Gooberment sends them money to compete with the fewer and fewer goods and services, inflation is a certainty.
And, it seems to me we had an abundance of labor in the 70’s yet we also had some serious inflation. The Deflationists claim an abundance of labor prevents inflation.
‘Splane Lucy, ‘splane!
May 29, 2009 at 2:19 PM #407518sobmaz
ParticipantHellloooo????????????????
Did you notice the Federal Government has started sending checks to people? As they increasingly continue this, won’t that get the newly printed dollars in circulation?
I am not a Nobel Peace Prize winner but common sense says when more and more people are laid off and stop producing goods or services and then the Federal Gooberment sends them money to compete with the fewer and fewer goods and services, inflation is a certainty.
And, it seems to me we had an abundance of labor in the 70’s yet we also had some serious inflation. The Deflationists claim an abundance of labor prevents inflation.
‘Splane Lucy, ‘splane!
May 29, 2009 at 2:19 PM #407760sobmaz
ParticipantHellloooo????????????????
Did you notice the Federal Government has started sending checks to people? As they increasingly continue this, won’t that get the newly printed dollars in circulation?
I am not a Nobel Peace Prize winner but common sense says when more and more people are laid off and stop producing goods or services and then the Federal Gooberment sends them money to compete with the fewer and fewer goods and services, inflation is a certainty.
And, it seems to me we had an abundance of labor in the 70’s yet we also had some serious inflation. The Deflationists claim an abundance of labor prevents inflation.
‘Splane Lucy, ‘splane!
May 29, 2009 at 2:19 PM #407823sobmaz
ParticipantHellloooo????????????????
Did you notice the Federal Government has started sending checks to people? As they increasingly continue this, won’t that get the newly printed dollars in circulation?
I am not a Nobel Peace Prize winner but common sense says when more and more people are laid off and stop producing goods or services and then the Federal Gooberment sends them money to compete with the fewer and fewer goods and services, inflation is a certainty.
And, it seems to me we had an abundance of labor in the 70’s yet we also had some serious inflation. The Deflationists claim an abundance of labor prevents inflation.
‘Splane Lucy, ‘splane!
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