Aug 17 - Chance of Fed Printing More Money Jumps to 60%
|08-19-2012, 02:26 PM||away - #21|
In fact, i dont even think you guys made it that far because these are very basic principles im talking about here
Yall niccas running around talking about how bad inflation is, where are you seeing this inflation?
Gas prices thes same as they were a year ago roughly
House prices the same as they were a year ago
computers and electronics get cheaper
so out of all the stuff you buying, what is increasing in price so much to make you think inflation is runnign rampant?
I could post the CPI numbers teh govt collects, which shows that inflation is 2% y/y roughly. . .thats where it should be. . .in fact id argue it should probably be higher
I posted the BPP which is a collection of prices of everything you could think of and it shows inflation is 2% year over year
and this is with the Fed expanding its balace sheet TREMENDOUSLY over the past few years
Keep listening to these niccas like Ron Paul and Peter Schiff. . .they been predicting hyperinflation for like a year and a half now with soaring interest rates. Where is it?
|08-19-2012, 02:37 PM||away - #22|
here's that genius Peter Schiff
SCHIFF: You know, look, I know inflation is going to get worse in 2010. Whether it’s going to run out of control or it’s going to take until 2011 or 2012, but I know we’re going to have a major currency crisis coming soon. It’s going to dwarf the financial crisis and it’s going to send consumer prices absolutely ballistic, as well as interest rates and unemployment.
PAYNE: And what does that mean? For people watching this show, what does that mean for the average American?
SCHIFF: It means their life is going to get a lot more difficult. It means things that they need to buy, things like food and energy, are going to be much more expensive. Ultimately, interest rates are going to rise and their entire standard of living is going to plunge.
Show me some evidence that ANY of this has taken place in the US
interest rates are at RECORD lows
Inflation is tame
we getting close to the end of 2012. . .still nothing
|08-19-2012, 02:39 PM||away - #23|
in a couple months this economy is going to double dip. When that happens were !!ed. You cant keep printing money forever. Something is going to give.
|08-19-2012, 02:47 PM||away - #24|
well, the economy may fall back into recession
but its got more to do with failure of fiscal policy than anything the fed is doing. Right now, theres enough tax cuts and benefits that are schedule to expire in January to push us back into recession
Its such a massive amount that theres nothing the Fed can do
And I agree you can print money forever. . .but you can print while the economy has as much slack as it does. When the economy gets back on its feet, the Fed will have to draw this money out of the economy
|08-19-2012, 02:55 PM||away - #25|
John F. Kennedy knew that.
|08-19-2012, 03:35 PM||away - #26|
|08-21-2012, 11:09 AM||away - #27|
the fed is a evil regime thats been plotting the slow eventual decline of the middle clas ever since 1913...the fed creates these "recessions" just as an excuse to print money...when u think of it its bernanke and the rest of the fed that gets rich during these phony recessions
|08-21-2012, 11:11 AM||away - #28|
if the fed didnt interfere with gold the actual price would be 2 times what its worth
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