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Rich ToscanoKeymasterFor an index (not actual rent levels) you can use bls.gov. Look for San Diego “rent of primary residence” in their inflation query engine.
Rich ToscanoKeymasterFor an index (not actual rent levels) you can use bls.gov. Look for San Diego “rent of primary residence” in their inflation query engine.
Rich ToscanoKeymasterFor an index (not actual rent levels) you can use bls.gov. Look for San Diego “rent of primary residence” in their inflation query engine.
Rich ToscanoKeymaster[quote=Arraya]
But isn’t reducing debt and cutting spending deflationary. Seems there is a lot of people calling for that. There is a certain “party” calling for a number of deflationary measures. And they seem to have been popular this last election.[/quote]If there is even one minute of deflation, all talk of cutting spending will instantly be thrown out the window.
By the way the first thing these new deficit hawks did after the election was to pass a giant tax cut.
Rich ToscanoKeymaster[quote=Arraya]
But isn’t reducing debt and cutting spending deflationary. Seems there is a lot of people calling for that. There is a certain “party” calling for a number of deflationary measures. And they seem to have been popular this last election.[/quote]If there is even one minute of deflation, all talk of cutting spending will instantly be thrown out the window.
By the way the first thing these new deficit hawks did after the election was to pass a giant tax cut.
Rich ToscanoKeymaster[quote=Arraya]
But isn’t reducing debt and cutting spending deflationary. Seems there is a lot of people calling for that. There is a certain “party” calling for a number of deflationary measures. And they seem to have been popular this last election.[/quote]If there is even one minute of deflation, all talk of cutting spending will instantly be thrown out the window.
By the way the first thing these new deficit hawks did after the election was to pass a giant tax cut.
Rich ToscanoKeymaster[quote=Arraya]
But isn’t reducing debt and cutting spending deflationary. Seems there is a lot of people calling for that. There is a certain “party” calling for a number of deflationary measures. And they seem to have been popular this last election.[/quote]If there is even one minute of deflation, all talk of cutting spending will instantly be thrown out the window.
By the way the first thing these new deficit hawks did after the election was to pass a giant tax cut.
Rich ToscanoKeymaster[quote=Arraya]
But isn’t reducing debt and cutting spending deflationary. Seems there is a lot of people calling for that. There is a certain “party” calling for a number of deflationary measures. And they seem to have been popular this last election.[/quote]If there is even one minute of deflation, all talk of cutting spending will instantly be thrown out the window.
By the way the first thing these new deficit hawks did after the election was to pass a giant tax cut.
Rich ToscanoKeymaster[quote=CA renter]
Ultimately, what Joe Sixpack thinks doesn’t matter. The puppet politicians care even more about their financial masters, because they know that as long as their financiers are behind them, they can send whatever message out to the sheeple that “this or that” is necessary, and they have no choice, etc., just like they did with the bailouts. And the sheeple will have no choice but to choose between the puppet on the right hand, or the puppet on the left hand. Both puppets serve the same master.[/quote]I agree that the financial lobby has way too much influence, but I firmly disagree that what J6P thinks “doesn’t matter”… these are the people who vote, and politicians care only about re-election.
However, that’s beside the point… even under your interpretation, WHY would they allow a deflation to happen? The banks made lots of money when there was inflation, were brought to the brink of disaster while there was deflation, and then started making huge money again when inflation came back. If the banks are running the show, we know which option they will choose.
Deflation has no constituency! That’s why it won’t happen (at least not for any sustained period, or until we move to another system entirely).
Rich ToscanoKeymaster[quote=CA renter]
Ultimately, what Joe Sixpack thinks doesn’t matter. The puppet politicians care even more about their financial masters, because they know that as long as their financiers are behind them, they can send whatever message out to the sheeple that “this or that” is necessary, and they have no choice, etc., just like they did with the bailouts. And the sheeple will have no choice but to choose between the puppet on the right hand, or the puppet on the left hand. Both puppets serve the same master.[/quote]I agree that the financial lobby has way too much influence, but I firmly disagree that what J6P thinks “doesn’t matter”… these are the people who vote, and politicians care only about re-election.
However, that’s beside the point… even under your interpretation, WHY would they allow a deflation to happen? The banks made lots of money when there was inflation, were brought to the brink of disaster while there was deflation, and then started making huge money again when inflation came back. If the banks are running the show, we know which option they will choose.
Deflation has no constituency! That’s why it won’t happen (at least not for any sustained period, or until we move to another system entirely).
Rich ToscanoKeymaster[quote=CA renter]
Ultimately, what Joe Sixpack thinks doesn’t matter. The puppet politicians care even more about their financial masters, because they know that as long as their financiers are behind them, they can send whatever message out to the sheeple that “this or that” is necessary, and they have no choice, etc., just like they did with the bailouts. And the sheeple will have no choice but to choose between the puppet on the right hand, or the puppet on the left hand. Both puppets serve the same master.[/quote]I agree that the financial lobby has way too much influence, but I firmly disagree that what J6P thinks “doesn’t matter”… these are the people who vote, and politicians care only about re-election.
However, that’s beside the point… even under your interpretation, WHY would they allow a deflation to happen? The banks made lots of money when there was inflation, were brought to the brink of disaster while there was deflation, and then started making huge money again when inflation came back. If the banks are running the show, we know which option they will choose.
Deflation has no constituency! That’s why it won’t happen (at least not for any sustained period, or until we move to another system entirely).
Rich ToscanoKeymaster[quote=CA renter]
Ultimately, what Joe Sixpack thinks doesn’t matter. The puppet politicians care even more about their financial masters, because they know that as long as their financiers are behind them, they can send whatever message out to the sheeple that “this or that” is necessary, and they have no choice, etc., just like they did with the bailouts. And the sheeple will have no choice but to choose between the puppet on the right hand, or the puppet on the left hand. Both puppets serve the same master.[/quote]I agree that the financial lobby has way too much influence, but I firmly disagree that what J6P thinks “doesn’t matter”… these are the people who vote, and politicians care only about re-election.
However, that’s beside the point… even under your interpretation, WHY would they allow a deflation to happen? The banks made lots of money when there was inflation, were brought to the brink of disaster while there was deflation, and then started making huge money again when inflation came back. If the banks are running the show, we know which option they will choose.
Deflation has no constituency! That’s why it won’t happen (at least not for any sustained period, or until we move to another system entirely).
Rich ToscanoKeymaster[quote=CA renter]
Ultimately, what Joe Sixpack thinks doesn’t matter. The puppet politicians care even more about their financial masters, because they know that as long as their financiers are behind them, they can send whatever message out to the sheeple that “this or that” is necessary, and they have no choice, etc., just like they did with the bailouts. And the sheeple will have no choice but to choose between the puppet on the right hand, or the puppet on the left hand. Both puppets serve the same master.[/quote]I agree that the financial lobby has way too much influence, but I firmly disagree that what J6P thinks “doesn’t matter”… these are the people who vote, and politicians care only about re-election.
However, that’s beside the point… even under your interpretation, WHY would they allow a deflation to happen? The banks made lots of money when there was inflation, were brought to the brink of disaster while there was deflation, and then started making huge money again when inflation came back. If the banks are running the show, we know which option they will choose.
Deflation has no constituency! That’s why it won’t happen (at least not for any sustained period, or until we move to another system entirely).
Rich ToscanoKeymaster[quote=CA renter]
Now, we are going to see an end to the govt intervention, as most of the risks that could be transferred to the public have been transferred. This was ALWAYS about saving the banks, and that job is done. Now, they will pull the plug, and allow the deflation to happen, IMHO.[/quote]Why would they do that? That would just put the banks at risk of failure again, in addition to a host of other consequences that would ensure they aren’t re-elected or re-appointed.
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