And like I already said, I answered your yes or no question with a yes or no answer, you replied to the yes or no answer and then I demolished...
That's right! I did type that! And I typed that because the current official inflation rate is two to three percent, so if the economy is standing...
Zimbabwe are printing their money. America can borrow for thirty years at real rates of 1% and could borrow a couple of trillion dollars for a...
I'm just making a nutshell statement of what you've obviously been arguing endlessly on this board. Just to prove this here's my nutshell version...
That's right! Real GDP can increase even when inflation is 50 or 150%! Because how you calculate real GDP increases is, you take the nominal...
Pumping trillions of dollars into the economy over the short term won't help the short-term economy? And buy a history of banking. You can get...
Inflation can be 20 or 50% and real GDP can increase. That's because real GDP is nominal GDP minus inflation! What part of this don't you...
You didn't explain at all. Your original contention was, in a nutshell, with the 1920 recession the government didn't get involved and it was...
It's not a deliberate lie, it's an actual fact. Those numbers come from the CBO. And tax increases have never increased revenues? Show me one...
As was already explained to you, your numbers are nonsense. My numbers come from the CBO, presented in an easy-to-understand graph.
How much lost output are you prepared to accept? Ten trillion? Twenty trillion?
I'll explain step by step so that even the slow boys in the class can follow. We both agree that real GDP is nominal GDP minus inflation, right?
What you originally said was that the 1920 recession was rectified by the government not getting involved in the recovery, while the 1929...
Real GDP is nominal GDP minus inflation, right?
Rebuilding roads, bridges, schooles, the national electric grid etc. aren't boondoggles. They'd actually boost economic growth greatly when...
http://online.wsj.com/article/SB123111279694652423.html Now that GDP has stabilised somewhat we need to reduce the deficit. A massive part of...
I'm happy for people to make up their own minds on whether or not the schooling took place and am surprised that you keep asking a question I...
If we had a ten percent inflation rate that would mean real GDP would be falling at the rate of about eight or nine percent. Obviously that isn't...
It would be a good idea to try keynesian economic stimulus right now to try and get us out of the recession we're in. The 2009 stilulus, 40% of...
40% of the 2009 stimulus was tax cuts, so 40% of the stimulus must have been the correct policy, right?
You're wasting your time with me because I just showed that you're either deceitful or clueless about economics and you're desperately trying to...
I already answered your question bud and then I demolished your reply, so it's your move next. And just google Peter Schiff Hyperinflation and...
1. I answered you. 2. You replied with a ridiculous claim. 3. I posted facts that rubbished your claim. 4. You continued asking me the...
http://vodpod.com/watch/1340994-peter-schiff-on-2009-2010-hyperinflation
It's going to take a long time for that to happen and the economy will lose trillions of dollars of potential output in the meantime. Why not take...
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