Hyper Inflation

[Cannon Shell]

Originally Posted by Smooth Operator

Shame we couldn't keep Bubba in there for another eight, timm.

A LOT of people would've been spared from the misery of this Bush-Cheney-Cox economic train wreck.





And Cannon Shell ... you'll never guess where this season's national championship game is being held.

Yeah and maybe Pete Carroll can get you a ticket next to him.....in the stands watching

[SniperSB23]

Originally Posted by Antitrust32

LOL

I think its funny that people think one guy (Bush) could singlehandedly (sp?) cause these problems. Thats one POWERFUL dummy (as everyone likes to call Bush).

Congress (controlled by the DEMS for Bushs' last two years) doesnt seem to get any of the blame.... but blaming dems for anything is against the law.

Its interesting how the economy did SO well for the 6 years with Bush and the Republican congress... then the Dems take control and the whole world falls flat on its face.

Obama was supposed to be some magic quick fix... and this past month may have been the worst since the recession began (not that I actually think ANYONE could have turned it around in a month... but still, Obama didnt do it)

Bush deserves some blame... but he is a very small part of this mess. Clinton is as much to blame. So is Greenspan, Madoff, and a lot of Republicans and Democrats alike.

THE CITIZENS OF THE UNITED STATES OF AMERICA who's irresponsibility caused this... should be the ones people blame the most.



interesting article : http://www.time.com/time/specials/pa...877350,00.html

you have to click "next" to see the other 24 on the list.

Please tell me you aren't this dumb Lori. Joey, can you smack some sense into her, she was almost getting it, now she sounds like Rush Limbaugh again.

[AeWingnut]

Originally Posted by SniperSB23

Please tell me you aren't this dumb Lori. Joey, can you smack some sense into her, she was almost getting it, now she sounds like Rush Limbaugh again.

yeah, get it right.
Dems only take credit
not responsibility

[Smooth Operator]

Did you take a few hits from Michael Phelps' bong, Antitrust32?

[timmgirvan]

Originally Posted by Smooth Operator

Did you take a few hits from Michael Phelps' bong, Antitrust32?

...like she wouldn't fit in with this crowd....

[Antitrust32]

Originally Posted by SniperSB23

Please tell me you aren't this dumb Lori. Joey, can you smack some sense into her, she was almost getting it, now she sounds like Rush Limbaugh again.

I'm sorry I'm not as ignorant as some of you guys.

the consumers who bought and lived well beyond their means should take the most responsibility.

Democrats and Republicans caused this mess... but for some reason only Bush can be blamed. It is VERY ignorant.

and yes Booth Operator.. I probably did hit it once or twice.

[Antitrust32]

Originally Posted by AeWingnut

yeah, get it right.
Dems only take credit
not responsibility

exactly

[hi_im_god]

http://www.latimes.com/business/la-f...tory?track=rss

almost 1 year into the great derbytrail hyperinflation scare of 2009.

trillion's spent to prevent a depression.

no depression. and no hyperinflation. the fed apparently getting ready to raise interest rates later this year.

which i assume will please the inflation hawks.

it's good to know that the solid people at derbytrail nailed this one so well. i enjoy reading all the recent "there was never any chance of a depression and this was all a socialist plot." posts almost as much as this thread.

[dalakhani]

Originally Posted by hi_im_god

http://www.latimes.com/business/la-f...tory?track=rss

almost 1 year into the great derbytrail hyperinflation scare of 2009.

trillion's spent to prevent a depression.

no depression. and no hyperinflation. the fed apparently getting ready to raise interest rates later this year.

which i assume will please the inflation hawks.

it's good to know that the solid people at derbytrail nailed this one so well. i enjoy reading all the recent "there was never any chance of a depression and this was all a socialist plot." posts almost as much as this thread.

If they raise rates this year I would be surprised. The effects would be pretty awful.

[gales0678]

Originally Posted by dalakhani

If they raise rates this year I would be surprised. The effects would be pretty awful.

can't print $$$ forever

[dalakhani]

Originally Posted by gales0678

can't print $$$ forever

Market conditions are DEFLATIONARY.

Did any of you actually take any econ classes in college?

[gales0678]

Originally Posted by dalakhani

Market conditions are DEFLATIONARY.

Did any of you actually take any econ classes in college?

where is gold?

do you think we can print our way out of this mess?

obama has had a yr , there is no job creation on the horizon

tax increases coming as far as the eye can see

[dalakhani]

Originally Posted by gales0678

where is gold?

do you think we can print our way out of this mess?

obama has had a yr , there is no job creation on the horizon

tax increases coming as far as the eye can see

Look at the part I bolded in YOUR POST. Is that INFLATIONARY or DEFLATIONARY?????

Lets talk about the Jets.

[gales0678]

Originally Posted by dalakhani

Look at the part I bolded in YOUR POST. Is that INFLATIONARY or DEFLATIONARY?????

Lets talk about the Jets.

and i asked you can we print our way out of this mess?

[dalakhani]

Originally Posted by gales0678

and i asked you can we print our way out of this mess?

LOL Im not the one contradicting myself here. You are bitching about INFLATION and UNEMPLOYMENT in the same sentence. Unemployment is DEFLATIONARY.

The government has no choice but to keep rates down at all costs. Any utterances to the contrary are to keep the inflation hawks (suckers) from crying too much. We are in this mess for the long haul. Lots of damage to be worked through. And thats not pointing fingers at bush or anyone else. You simply can not undo the damage that we have done from 2003-2007 in a short period of time.

[gales0678]

Originally Posted by dalakhani

LOL Im not the one contradicting myself here. You are bitching about INFLATION and UNEMPLOYMENT in the same sentence. Unemployment is DEFLATIONARY.

The government has no choice but to keep rates down at all costs. Any utterances to the contrary are to keep the inflation hawks (suckers) from crying too much. We are in this mess for the long haul. Lots of damage to be worked through. And thats not pointing fingers at bush or anyone else. You simply can not undo the damage that we have done from 2003-2007 in a short period of time.

problem is there are no jobs, what has obama done , how is he going to create jobs with new taxes coming this year , and more tax increases in '11

why are the printing presses running 24/7?

this is not going to end pretty

[dalakhani]

Originally Posted by gales0678

problem is there are no jobs, what has obama done , how is he going to create jobs with new taxes coming this year , and more tax increases in '11

why are the printing presses running 24/7?

this is not going to end pretty

You are not getting it though my friend. NO JOBS IS DEFLATIONARY!!!

LOL @ printing presses. {shakes head} We are where we are. Do I think we need to spend money on some of this garbage that was proposed? No. At the same time, interest rates have to remain low for the foreseeable future even if it means the presses run double time.

Lets talk about the jets.

[gales0678]

Originally Posted by dalakhani

You are not getting it though my friend. NO JOBS IS DEFLATIONARY!!!

LOL @ printing presses. {shakes head} We are where we are. Do I think we need to spend money on some of this garbage that was proposed? No. At the same time, interest rates have to remain low for the foreseeable future even if it means the presses run double time.

Lets talk about the jets.

only way they keeping buying our debt is with a higher rate , long term rates are determined by supply and demand of the mkt , not the govt

[dalakhani]

Originally Posted by gales0678

only way they keeping buying our debt is with a higher rate , long term rates are determined by supply and demand of the mkt , not the govt

oh gales. Lets not turn this into a geo-political discussion. The chinese and the rest of the world will buy our debt as long as we need them to because it is in their best interest to on many levels. But thats not what this thread is about.

The thread was about "hyper inflation". Obviously, if you are talking about unemployment and I am seeing housing values and new homes starts drop...then we are still in a DEFLATIONARY environment. And we will be here for a while.