Posted on 03/04/2009 1:25:30 PM PST by 2ndDivisionVet
I’d settle for sleeping in interesting times.
Velocity is way, way down as well.
Agree with others things mean money, but this was specifically cash being dumped in the market by the fed. Beck was talking about it in the vein that the promises made by Nixon for doing away with the gold standard have been tossed out the window.
But hell, there is so much manipulation going on who really knows what is going on.
This we do know — Obama lied, the economy died.
Dick Morris again gets paid for pap.
here's my question: if you have high job security, should you be spending money now in anticipation of this type of inflation?
hey Republican Party stand up for FREEDOM its a all out WAR now
To put it more simply, if you remember Jimmah you remember inflation.
The Wizards of Smart are going to respond that they had to address the first priority, massive unemployment on a global scale, with their Stimulus Maximus. Then they will deal with inflation via monetary policy. They will also claim they are smart enough, and good enough, they can do both with elegance and precision.
Don’t hold your breath!
And you posted this as breaking news?! Yer killin’ me over here
>> “boiled frog”
You’re not helping! :-)
It’s great as long as your salary is indexed for inflation. Inflation is a destroyer of wealth.
That was the worst of it.
Every time I see a Toe Sucker article on FR, somebody says this :-)
He's absolutely right on this one. And very articulate too.
>> if you have high job security, should you be spending money now in anticipation of this type of inflation?
If you have high job security, you should be sending me a check each month.
But seriously, if I were in your position I would save during deflationary times, like now... and begin “spending” (i.e. investing in inflation proof stuff: commodities, hard goods, land, some equities) “just before” the inflation kicks in.
The trick is knowing when that “just before inflation” time has arrived.
Or, what the hell, blow it all as you get it, you’re not going to live forever anyhoo.
Follow me on this: a 100% increase is doubling; a 200% increase is trebling; and a 271% increase is.... (fill in the blank).
Hopefully preceded by FUBO’s removal from office
if 100% is double, then 200% is quadruple... OMG..
‘
271% means ... we’re all DOOMED!!
I posted this as an editorial, I don’t know who put it as front page news, unless I goofed up somehow...
In retrospect, the Carter years are starting to look like “the good old days”.
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