Home › Forums › Financial Markets/Economics › Stagflation hits the main stream press!!!
- This topic has 70 replies, 10 voices, and was last updated 16 years, 11 months ago by
JWM in SD.
-
AuthorPosts
-
February 26, 2008 at 3:37 PM #11936February 26, 2008 at 3:46 PM #160291
patientlywaiting
ParticipantYeah, radelow, that’s a HUGE deal.
I think that the happy talk is ringing hollow to Americans’ ears. Everyone knows that the cost of food and energy is through the roof. There’s no more MEW to tide people over.
It’s the economy stupid all over again!! And housing will meet the same fate it did in the 1990s.
February 26, 2008 at 3:46 PM #160689patientlywaiting
ParticipantYeah, radelow, that’s a HUGE deal.
I think that the happy talk is ringing hollow to Americans’ ears. Everyone knows that the cost of food and energy is through the roof. There’s no more MEW to tide people over.
It’s the economy stupid all over again!! And housing will meet the same fate it did in the 1990s.
February 26, 2008 at 3:46 PM #160621patientlywaiting
ParticipantYeah, radelow, that’s a HUGE deal.
I think that the happy talk is ringing hollow to Americans’ ears. Everyone knows that the cost of food and energy is through the roof. There’s no more MEW to tide people over.
It’s the economy stupid all over again!! And housing will meet the same fate it did in the 1990s.
February 26, 2008 at 3:46 PM #160604patientlywaiting
ParticipantYeah, radelow, that’s a HUGE deal.
I think that the happy talk is ringing hollow to Americans’ ears. Everyone knows that the cost of food and energy is through the roof. There’s no more MEW to tide people over.
It’s the economy stupid all over again!! And housing will meet the same fate it did in the 1990s.
February 26, 2008 at 3:46 PM #160588patientlywaiting
ParticipantYeah, radelow, that’s a HUGE deal.
I think that the happy talk is ringing hollow to Americans’ ears. Everyone knows that the cost of food and energy is through the roof. There’s no more MEW to tide people over.
It’s the economy stupid all over again!! And housing will meet the same fate it did in the 1990s.
February 26, 2008 at 4:01 PM #160598kewp
ParticipantAnother strike against the ‘Deflationistas’.
Yeah, housing sure is getting cheaper, but seeing as I don’t buy it at the grocery store or fill up my tank with it, it doesn’t really matter much.
February 26, 2008 at 4:01 PM #160614kewp
ParticipantAnother strike against the ‘Deflationistas’.
Yeah, housing sure is getting cheaper, but seeing as I don’t buy it at the grocery store or fill up my tank with it, it doesn’t really matter much.
February 26, 2008 at 4:01 PM #160630kewp
ParticipantAnother strike against the ‘Deflationistas’.
Yeah, housing sure is getting cheaper, but seeing as I don’t buy it at the grocery store or fill up my tank with it, it doesn’t really matter much.
February 26, 2008 at 4:01 PM #160699kewp
ParticipantAnother strike against the ‘Deflationistas’.
Yeah, housing sure is getting cheaper, but seeing as I don’t buy it at the grocery store or fill up my tank with it, it doesn’t really matter much.
February 26, 2008 at 4:01 PM #160301kewp
ParticipantAnother strike against the ‘Deflationistas’.
Yeah, housing sure is getting cheaper, but seeing as I don’t buy it at the grocery store or fill up my tank with it, it doesn’t really matter much.
February 26, 2008 at 6:49 PM #160730patientrenter
Participantkewp, I think you’re right. With asset price inflation, borrowers (=majority of voting population) do very well, regardless of deflation or inflation. That’s what we’ve had for years. With asset price deflation, borrowers can only do well if they can default, or inflate away their debts, with inflation here defined using consumer prices and wages.
When projecting the future, always be aware of what works best for the majority of voters. Politicians may be corrupt or statesmanlike, but few politicians are going to do anything to stand between the majority of voters and their dreams of wealth without saving*.
*Saving defined as earned income less consumption spending, excluding capital gains/losses.
Patient renter in OC
February 26, 2008 at 6:49 PM #160798patientrenter
Participantkewp, I think you’re right. With asset price inflation, borrowers (=majority of voting population) do very well, regardless of deflation or inflation. That’s what we’ve had for years. With asset price deflation, borrowers can only do well if they can default, or inflate away their debts, with inflation here defined using consumer prices and wages.
When projecting the future, always be aware of what works best for the majority of voters. Politicians may be corrupt or statesmanlike, but few politicians are going to do anything to stand between the majority of voters and their dreams of wealth without saving*.
*Saving defined as earned income less consumption spending, excluding capital gains/losses.
Patient renter in OC
February 26, 2008 at 6:49 PM #160710patientrenter
Participantkewp, I think you’re right. With asset price inflation, borrowers (=majority of voting population) do very well, regardless of deflation or inflation. That’s what we’ve had for years. With asset price deflation, borrowers can only do well if they can default, or inflate away their debts, with inflation here defined using consumer prices and wages.
When projecting the future, always be aware of what works best for the majority of voters. Politicians may be corrupt or statesmanlike, but few politicians are going to do anything to stand between the majority of voters and their dreams of wealth without saving*.
*Saving defined as earned income less consumption spending, excluding capital gains/losses.
Patient renter in OC
February 26, 2008 at 6:49 PM #160401patientrenter
Participantkewp, I think you’re right. With asset price inflation, borrowers (=majority of voting population) do very well, regardless of deflation or inflation. That’s what we’ve had for years. With asset price deflation, borrowers can only do well if they can default, or inflate away their debts, with inflation here defined using consumer prices and wages.
When projecting the future, always be aware of what works best for the majority of voters. Politicians may be corrupt or statesmanlike, but few politicians are going to do anything to stand between the majority of voters and their dreams of wealth without saving*.
*Saving defined as earned income less consumption spending, excluding capital gains/losses.
Patient renter in OC
-
AuthorPosts
- You must be logged in to reply to this topic.