1937 - Republicans were crying about excessive debt levels and to balance the budget.

Clearly you are not reading which is why you keep making ignorant posts.

Several things. First of all I already explained to you that you can increase the money supply at the same rate that your productivity increases. That's why those two graphs look exactly the same. What you CAN OT do is increase your money supply at a rate that is higher than your rate of increased productivity. Go look at that EXACT same graph for every country that experience hyperinflation and that blue line will skyrocket above their GDP at the EXACT same time they printed massive amounts of money to pay off debt. Why is that?

Second, why don't they want to bail them out? If they can just print money and magically pay of any debt they've incurred by bailing out Greece what's the problem.

And WHY would it be disastrous for the EU to print 100T euros for each country with the make believe money. What's the problem?

Can you show me an example of ANY country where that graph has a blue line that spikes higher than their GDP (they printed lots of money) and they didn't go into a serious inflation problem? I don't think you can.

Please go educate yourself.

 

Well, looks like you have some more explaining to do. I haven't seen someone embarrass themselves this badly in a while. And your arrogance while being completely wrong is comedy gold!! Thanks for the Labor Day laughs!

 

You can't be this stupid. You have to be a parody poster.

That graph proves my point. Notice how both lines are nearly identical. You cannot deviate, when creating money, from the increase in productivity. Notice how when GDP increases that the money supply will increase. As GDP decreases the amount of money created must decrease as well. Which is exactly what I've been telling you. You are claiming that they can deviate without any significant impact which is simply ludicrous.

Also you completely ignored this but how about you attempt to explain. This should be good.

Second, why don't they want to bail them out? If they can just print money and magically pay of any debt they've incurred by bailing out Greece what's the problem.

And WHY would it be disastrous for the EU to print 100T euros for each country with the make believe money. What's the problem?

Can you show me an example of ANY country where that graph has a blue line that spikes higher than their GDP (they printed lots of money) and they didn't go into a serious inflation problem? I don't think you can.

 

Apparently you are confused at what you said. You said word for word "First of all I already explained to you that you can increase the money supply at the same rate that your productivity increases."

The graph shows the money supply can increase at a much higher rate than productivity. So I assume that's just you not understanding what you are saying.

Because other countries do not want Greece to be bailed out. It affects their own productivity. Greece would love it.

It would be disastrous because of inflation. We've already been through this. You just aren't smart enough to understand what I'm saying. You'll get there.

I can show examples of GDP spiking along with the money supply.

 

Double digit unemployment and a second recession is success? Ideology should not trumpet facts and history. Sad.

 

Logical fallacies are necessary for conservatives/libertarians to use to push their failed ideology. I wouldn't expect you to understand.

 

Except spending wasn't curtailed to any noticeable degree in 1937, they simply raised taxes and the inevitable happened, another recession.

 

You guys just make up whatever you want to push your failed ideologies. It's embarrassing. Spending was cut by almost 20% in 1937. That is by a very noticeable degree, lol.

 

Same old "I'm the only one who knows what I'm talking about because I'm the only one who thinks what I think works."

Dude, you can sit on your soapbox an arrogantly proclaim everything you type to be correct and any other evidence presented to the contrary is faulty, biased or wrong, but none of it makes you right, it just makes you look like you're covering your ears going lalalalalalaIcan'thearyoulalalalalala.

Making dozens of threads on the same damn thing attempting to prove to everyone that you are right does not make you right, or any more likely to convince anyone.

Go crawling back to Bernanke, and don't forget to say a prayer to Keynes before you go to bed. Otherwise, you might just see reason.

 

I'm not the only one who thinks this. They do this all across the world in the largest countries in the history of mankind. I just find it mind boggling that you guys honestly think you know how our monetary system works and what the largest and most complex system in the world should do. Lol. And you guys say it with such conviction.

That's why I make these threads, because you guys never fail to disappoint. Your ideologies are so engrained in your heads you guys will say the dumbest things to try to push it. This thread has been comedy gold.

Some guy just told me the 1937 spending cut wasn't noticeable despite being 20%.

Let the gong show continue!

 

Oh, then you do think debt can have a negative effect on the economy? Do tell! Well thanks for the surrender, but I don't know why it took you 26 pages to admit it.

 

Never said otherwise. You are just confused. Inflation is in fact the biggest constraint we have.

 

Your first paragraph is fluff because I could make the same argument against you. You'd just never accept it because you're so brainwashed and selective you think your economic theory can do no wrong, when it already has.

At least your ignorance is entertaining you, if nothing else.

 

After being thoroughly embarrassed in this thread if akphidelt2007 chooses to wallow in ignorance then it is his choice. People can be odd creatures. While I admired your efforts I have ascertained that like so many on this forum akphidelt is closed to reason and thus such efforts are wasted upon him. If he chooses to continue to embarrass himself then allow him. Focus your efforts on someone who deserves it

 

Talk about fluff

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Embarrassing, get a hold of yourself

 

This is exactly why I let him keep making a fool of himself.

Anyone who holds a position as foolish as his... if you give them enough rope, they will hang themselves. Perfect example akphidelt2007

 

akphidelt2007 utilizes an aggressive ignorance in lieu of knowledge. He plainly displayed that in this thread, giving anyone who reads this thread pause to consider his opinions valid.

 

What am I supposed to say? Nothing anyone tells you that is contrary to what you already think is valid in your mind. There's no sense in arguing with you , you're as immovable as the nuts on the religious board.

 

And you aren't? Lol, just because you guys say something that you think contradicts my facts doesn't mean it actually does. Some stuff you guys believe is insane yet you think it's actually proving me wrong. It's hilarious.

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I see you are taking the trolling approach. Kind of like Lil Mike. Come in all the threads, say absolutely nothing except trolling comments. I'd be embarrassed if I were you.

 

Talk about irony!