HYPER inflation just around the corner? fed Is Paying Banks NOT To Lend 1.8 Trillion

Actually, corruption and capitalism are independent variables!

 

I said corruption and corporatism...not capitalism.

Reading comprehension must be a variable you are unfamiliar with.

 

what a joke, the system was not sound at all

robber barons would crash the financial system, watch money get scarce

then buy up the valuable assets from those that didn't have enough money

look how chaotic the economy was prior to 1950

 

you don't ever seem to reflect that, but notice how i said finance, not econ

just look at the link i provided

being able to collect taxes and print money are vastly different than private finance

here's that link again:

it shows that the assertion of the op is just misinformation/propaganda

your source has a reputation for posting rubbish and michael snyder is a doom/gloom scammer

Is Men's News Daily sufficiently reliable, for either facts or opinions, to be used in articles like Separatist feminism, Lev Navrozov, David Holcberg, Antifeminism, Andrea Dworkin, etc. CarolMooreDC (talk) 20:37, 30 March 2009 (UTC)

I can't find any indication that Men's News Daily has established a reputation for fact-checking and accuracy. It doesn't appear to be cited by other RS. In fact, I wonder if they are really notable enough to have their own article, since it itself is unreferenced. So, imho, no. Dlabtot (talk) 21:06, 30 March 2009 (UTC)

I can't find anything about their editorial policies either (which is weird, much smaller sites have significantly more information about who owns them and who the editors are and stuff) So I'd avoid this site also. Hobit (talk) 15:23, 31 March 2009 (UTC)

Not for BLPs, and probably not for wide social movements. It seems to be mostly opinion pieces. It is verifiable but no information on editorial policies. A few cites in Google Books and Google Scholar; be sure to include the apostophe in your search. May be usable in reaction pieces to news stories (i.e. if they flag a perceived misuse of statistics in a gender study), but with very light weight i.e. boiling down the whole cite to one or two words. Squidfryerchef (talk) 04:19, 2 April 2009 (UTC)

questionable sourcing

http://michaelsnyder.mensnewsdaily.com/category/michaelsnyder/

 

but your missing the wars that were in those peeks that caused inflation after them​

gold wasnt peg to the paper dollar as you might see here in the 1800s thus causing those waves note early turn of the century before the fed it stabilized

 

The degree that our debt is the accumulated result of investment in the nation's future (ultra-expensive infrastructural maintenance and upgrade, etc.) and/or the result of national emergency, is also the proportion of that debt that can be legitimately justified. Bankrolling a zillion of programs through deficit spending that otherwise couldn't have survived any sensible fiscal triage has resulted in a bloated, Rube Goldberg style federal contraption that we're going to be stuck with probably for the duration of the life of the nation.

 

your excuses are irrelevant, the fed has prevented any depressions for over 70 years

in the past, as the graph shows, the economic cycle was very chaotic, not so much now

before 1913, this country used to have depressions and/or severe bank panics most every decade

panics: 1819, 1825, 1837, 1847, 1857, 1866, 1869, 1884, 1890,1893, 1901, 1907, 1910

depressions: 1807, 1815, 1873, 1896

 

Not sure the distinction is significant in this context.

I looked at the blog post.

You have yet to show me how those to abilities are significant in the context of our conversation about the laws of economics.

I am not talking about the OP...I am talking about my posts.

 

Nah, the money is cyclical. You just hate the government which leads you to irrational conclusions.

The governments wallet is bottomless. The laws of economics are different between a fiat currency issuing nation and currency users. The fact you think there is no difference between a country making it's own currency and someone using that currency is ridiculous.

 

The Fed is basically doing this right now, lol. And the world has not exploded. You'll be fine, you just haven't quite understood how our monetary system works yet. You are getting close though. But saying ridiculous statements like "exporting inflation" and "eat inflation" is just your misunderstanding of the Fed's actions.

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The movement of money is indifferent to the end result. We all benefit through the movement of money to and from the government.

 

Everything is cyclical...that is a silly response. Reality is the opposite of what you suggest though. You would lead people to believe that money flows into and out of the government and everyone benefits as a result of that. The reality however is that money flows into the government from everywhere, but it only flows out to a select group. I don't hate the government....as the government doesn't really exist. There are just people with guns and those without guns.

Glad you brought this up. Lets get into those "differences". Lets start with you explaining exactly what they are...as I contented that when it is all said and done there are no REAL differences.

I said there was no REAL difference when it comes to the application of economic laws. You either misunderstood what I said or are deliberately mis-quoting me.

 

Anyone can pick a bucket list of items that have an increase in prices to make a case against the Federal Reserve. The Fed deals with macroeconomics, not just the price of cream of soup or a DVD from Amazon. And macro indicators tell us that inflation is low, velocity is low, lending is low, etc. So they need to continue lowering rates through their policies.

Anyone that looks at our data and thinks there is "too much money" chasing goods in services simply is not being honest.

 

I would suggest my understanding of the system exceeds your's my friend. How are we not currently exporting inflation? For example, China buy's bonds and we pay them in dollars created out of debt/thin air. Those dollars we hope do not hit our domestic market and increase prices here at home. That is for all intents and purposes exporting inflation. On the topic of "eating inflation" that is merely a term I used for what is taking place with the primary dealers. They are buying bonds and sitting on the excess reserves, keeping those dollars from hitting the market. I call that "eating inflation"...you might feel that is a silly term...but I really don't care.

Keep at it though, you are learning and will eventually come to the correct conclusions.

 

Yea, a select group of government employees and contractors. Money doesn't just disappear.

Ummm, is this a serious question? The government has the power of the banks (which can create an infinite amount of money) and the power of the Fed (which can create an infinite amount of reserves). You have neither. That's a pretty big difference, lol. There's people who make the money and there is people who use it. It's not magic.

You said the "governments wallet is far from bottomless". Then you talk about "economic laws". The governments wallet is not bottomless and there are no economic laws that make it so. I think I understood quite clearly.

 

what a joke

certainly it is

it doesn't seem like you read it

the many differences are listed and explained clearly

in personal finance, you have to work to earn money

in public finance, government can doesn't have to earn to get money

government can continue deficit spending over extended periods, an individual can't

 

What is China buying our bonds with?

 

ok let me see i add to your comment

 

LOL. Inflation is low, yet the value of the dollar is at one of its lowest points in history.

Velocity is low....because the real economy is in the (*)(*)(*)(*)ter and nobody wants to spend.

Lending is low....because if the banks actually used their excess reserves inflation according to the reports/charts would be sky high.


It's all fun and games to look at the numbers on the surface and just take everything at face value. Putting your head in the sand like that though will just get you burned in the long run.

 

China isn't buying our bonds. Thats the problem.

I see the point you are trying to make however. What you probably are not considering though is that whatever amount of money China uses to buy our bonds...we send MORE back their way then they send to us....interest is a (*)(*)(*)(*)(*) like that.

 

Yea, that's how interest works. What do you think we should do? And how does this mean we are "exporting inflation" to them.

 

No it really isn't.

I am sure there are differences. Just not as it pertains to the application of the laws of economics.

People still must work for the government to earn money.

The consequences for doing so are still the same. Everything is relative. I can spend more than I earn until I can no longer make minimum payments....so can the government. Once I exceed that amount I start missing payments and defaulting...much like the government. In the end everything goes boom in much the same way.

 

oh look, more pitiful excuses

just admit that the country produces much more now, has more wealth and better lives

than people did 100 yrs ago

so you really think people are just going to stop working?

plus, government has more options for funding than just taxation

not they aren't, governments have sovereign immunity

 

They make less on their reserves than they do lending or having treasuries. Technically the Fed is taking spread away from the banks to encourage them to lend. The payment on excess reserves has more to do with replacing interest from treasuries.

I'm not sure what you are trying to prove with this comment. Velocity is low because the economy is in the shiiter and nobody wants to spend. That's why the Fed is doing things to try to get people to spend. It's only logical unless you believe in conspiracies.

 

We are exporting dollars created out of debt/thin air. Inflationary dollars. It isn't unique to the US, every country does it. I am just calling it what it is.

Just so happens that dollars are currently more desireable because of OPEC and such...once that stops you will see a lot of dollar bills come home to the US.

The entire system you advocate for is predicated on nothing more than the same concept used in the Cold War...mutually assured destruction. Everyone play along or the whole damn thing blows up!!! When in the history of the world has that ever ended well?

 

So the dollars aren't desirable because our $16 trillion worth of goods and services that we produce? Or the fact those dollars create jobs and production in other countries? Riiiiight, it's all a "world reserve currency status" conspiracy where the entire world takes our money but for some reason buys our debt instead of oil. You are a conspiracy theorist. Everything you say has to deal with some worldwide conspiracy yet you never ever consider real world fundamentals in your conspiracies. It's all this philosophical bull(*)(*)(*)(*) about things that aren't even tangible.

Not at all, you just don't understand the system nor will you ever because of your preconceived axioms. You're simply an anti-government loon that will say anything and everything to make it seem like there is something economists do not understand in regards to global economics or fiat monetary systems. You guys have been saying this same crap for over 100 years. And you are always wrong. You will be saying this same crap in 30 years when the economy is even more robust.