Posted on 09/21/2014 9:20:27 AM PDT by Kaslin
I understand this. I just do not understand how after years of QE we are not seeing inflation.
Can someone explain that to me as if I were stupid?
Back in 2000 and when it became cash currency in 2002 the euro was around 0.8 to the dollar. Even after the PIIGS calamities etc. it is now still about 1.30 to the dollar. Europe is supposedly dead and done (I read it right here) but the euro is strong. Why?
That is very true
Strong dollar is not the 0bummer plan...absolute fluke or simply as result of all informed citizenry in spite of commie crap and 0bummer glazed eye pothead and gubmnt dependent zombies.
Been to the grocery market lately? Damn inflation is everywhere. Bought a box of crackers and found the package is smaller and yet it cost more than a year ago. Packages of potato chips are bloated with gas and the quantity of chips less. On and on. Where in the hell have you been?
“QE ends next month.”
Is this true?
5.56mm
Obama has nothing to do with it.
Obama has been intentionally trying to kill the dollar as part of his ongoing Operation Take America Down A Few Notches.
What Obama did not allow for was fracking and the massive oil and gas boom fueling the American economy , despite Obama’s best efforts to kill both the oil and gas industry and the American economy in general.
In a world where America imports 80% of it energy, a collapse of the dollar America's worst nightmare and economic Armageddon for our country.
In the current scenario where America has developed it's oil and gas reserves to the point where it soon can be energy independent and net major petroleum exporter , the collapse of the dollar is the rest of the worlds worst possible economic nightmare and a massive boost to American employment and the economy as whole.
If you want to know what Obama is all about, look to his attempts to stifle and kill our oil and gas industry.
It’s another in a series of false recoveries. The Obama/liberals’ policies are still in place, which is what my point was, and no monetary policy of any foreign country is going to fix them for us.
The answer may be that “money” that is NOT in circulation does NOT effect prices. For example, $1000 buried in a can in my back yard doesn’t “compete” with money in the market to inflate the price of anything.
But....
If people start to think their fiat money is LOSING value, then that invisible, idle money will start to rush into the market to buy SOME commodity (ANY commodity?) to “preserve its value”.
I hope I can move fast enough when TSHTF.
The answer may be that “money” that is NOT in circulation does NOT effect prices. For example, $1000 buried in a can in my back yard doesn’t “compete” with money in the market to inflate the price of anything.
But....
If people start to think their fiat money is LOSING value, then that invisible, idle money will start to rush into the market to buy SOME commodity (ANY commodity?) to “preserve its value”.
I hope I can move fast enough when TSHTF.
We are not in a recovery, nor will we be until Obama is out of office and his insane lack of leadership and destructive policies have been reversed.
We are currently fighting valiant economic rear guard defense against an Obama engineered economic collapse led by the Obama Administration's intentional policies of destruction of the dollar.
Ironically, the sudden rise of the American oil and gas boom has run the people at home and abroad who wish the destruction of the dollar into a flop sweat panic and their plans to run the dollar into the ground are backfiring on them.
They are now working as hard as they can to support the dollar to prevent their own economic destruction by an energy independent America with access to cheap petrochemicals and energy combined with a massive favorable currency exchange rate advantage.
This even trumps to some degree our massive debt loading because such an economic advantage removes doubt about America's ability to service said debt.
My father says it took Carter to get Reagan.
I said we clearly didn’t learn that lesson, since Obama got re-elected.
Actually, I just returned from the grocery store. You are, of course, correct.
Yes the Fed has been saying that tapering would completely wind down asset purchases in October for a while now.
I was born in 1944 and I haven’t been the same since.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.