you can not create 5 trillion, and not inflation

you can not create 5 trillion, and not inflation (Full Version)

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pahunkboy -> you can not create 5 trillion, and not inflation (10/18/2008 2:03:35 PM)
http://www.cnn.com/2008/POLITICS/10/17/ron.paul.qa/#cnnSTCText I dont think people "get it". This is bigger then anything but us being bombed out. 5 trillion$. poof here it is, we are being stupid now. Our attention span can not comprehend that 4 months from now- we we be paying unheard of prices for basics. We have been robbed. ROBBED! fricken ROBBED!

MzMia -> RE: you can not create 5 trillion, and not inflation (10/18/2008 2:12:37 PM)
We are headed for a depression. Go find a tent and buddy can you spare a dime?

pahunkboy -> RE: you can not create 5 trillion, and not inflation (10/18/2008 2:19:29 PM)
silver and gold down alot. I heard $5 an ounce for silver coming. gram used to talk about trapping animals for fur in the depression... making spirits and hiding it from the "federal men". I am so not prepared for the hard life.

Musicmystery -> RE: you can not create 5 trillion, and not inflation (10/18/2008 2:52:17 PM)
Actually, gold and silver should RISE if people are truly concerned about inflation.

JustDarkness -> RE: you can not create 5 trillion, and not inflation (10/18/2008 2:58:07 PM)
quote: ORIGINAL: Musicmystery Actually, gold and silver should RISE if people are truly concerned about inflation. unless no one can pay for it :P

DomKen -> RE: you can not create 5 trillion, and not inflation (10/18/2008 3:18:55 PM)
Paul is full of shit on this. This whole thing has been deflationary not inflationary.

Aneirin -> RE: you can not create 5 trillion, and not inflation (10/18/2008 4:14:33 PM)
I hope precious metals drop, in particularly silver, so my college can go and buy some and we can get making intereristing things from it. Fed up with working copper . Usually by now the college stocks of silver are ready for the new term, but it rising in price and the recent education cut backs, there is no silver for silversmithing students.

pahunkboy -> RE: you can not create 5 trillion, and not inflation (10/18/2008 4:46:33 PM)
thinking abit- things one can use should be of greater value then things of limited use. deflation certainly will hit before inflation. the thing is no one has been quite here ever before. all thru out my memory there have been bubbles. the acrimoney talk will not heat the home, or feed anyone. hmm- honey never spoils. foods that dont spoil would be good. with gobs of cheap junk from China, I navigated around that for a while. But now it is a new day.

Kirata -> RE: you can not create 5 trillion, and not inflation (10/18/2008 5:12:37 PM)
quote: ORIGINAL: DomKen Paul is full of shit on this. This whole thing has been deflationary not inflationary. It's not quite so simple as inflation versus deflation. The problem is both a contraction in credit and a loss in the value of our currency. The technical term for that particular combination is a "disaster". K.

pahunkboy -> RE: you can not create 5 trillion, and not inflation (10/18/2008 5:54:52 PM)
http://www.guardian.co.uk/business/2008/oct/17/executivesalaries-banking check this out. 70 bn to go for wall street banker bonuses of the bail out. we are worse then russia.

Lorr47 -> RE: you can not create 5 trillion, and not inflation (10/18/2008 6:10:24 PM)
quote: Paul is full of shit on this. This whole thing has been deflationary not inflationary. quote: ORIGINAL: DomKen Could it be that you are all correct; that we are going to go through periods of deflation, recession, inflation and depression (and whatever else there is an economic word for except "prosperity") because the government is taking the wrong action. Those guessing that we will be dragged through every imaginable horror for about five years may be right. "Disaster" may well be the correct technical term for "it all."

Kirata -> RE: you can not create 5 trillion, and not inflation (10/18/2008 7:03:32 PM)
quote: ORIGINAL: Musicmystery Actually, gold and silver should RISE if people are truly concerned about inflation. Gold's spectacular rise started in 2005 (although it was going up before then) and continued through 2007. For most of 2008, however, nobody seems to have a clue what is going to happen. Kinda like the rest of us. Spot Gold K.

NeedToUseYou -> RE: you can not create 5 trillion, and not inflation (10/18/2008 8:10:09 PM)
quote: ORIGINAL: Musicmystery Actually, gold and silver should RISE if people are truly concerned about inflation. There was a article on marketwatch.com yesterday, and they say the recent drop is due to big funds sells to cover other losses. Overall they predicted it would start rising again shortly, as they run out of gold holding to sell. Oil, is just down because of the perception of less demand going forward, but if drops a bit further, I'm going to start buying up battered related stocks, it's just sorta ridiculous to bet against a recovery at some point happening, as a non-recovered US means your money is near valueless anyway, also OPEC will just cut production on oil at some point, and the price will rise a bit. So, domestic oil companies, will benefit from either scenario eventually. The powers that be don't want deflation even more so than they fear high inflation, so its a pretty sure bet, they will be trying everything they can to not allow deflation, so more interest rate cuts, loans, guarantees, whatever, they think they have to do to avoid that scenario will most likely occur. I really doubt we will do anything but toy with deflation. They will bust the system to avoid that in any longterm view.

MzMia -> RE: you can not create 5 trillion, and not inflation (10/18/2008 8:48:38 PM)
quote: ORIGINAL: DomKen Paul is full of shit on this. This whole thing has been deflationary not inflationary. Is it possible to have inflation and deflation at the same time? I mean inflation in some areas {food, gasoline,etc} and deflation {housing prices, the value of the dollar, etc.}. I don't see prices at the grocery store or oil going down any time soon. Yet I can certain see the deflation aspect every day in terms of the economy. Yes, you can! I found a few articles that seem credible. Inflation, deflation & the future of money \| Chris Martenson

UncleNasty -> RE: you can not create 5 trillion, and not inflation (10/18/2008 8:49:10 PM)
Anyone else been reading the numbers on derivitives? $5 trillion isn't really a drop in the bucket compared to those numbers. Uncle Nasty

UncleNasty -> RE: you can not create 5 trillion, and not inflation (10/18/2008 8:50:50 PM)
quote: ORIGINAL: pahunkboy We have been robbed. ROBBED! fricken ROBBED! Yep. I'm reminded of a quote: "How tight does the noose around your neck have to be before you realize you're being hanged?" Uncle Nasty

Paulnz -> RE: you can not create 5 trillion, and not inflation (10/19/2008 12:23:17 AM)
quote: ORIGINAL: pahunkboy We have been robbed. ROBBED! fricken ROBBED! This is becoming a worldwide phenomenon. The taxpayer is never going to get off the hook. It's incredible they're being allowed to get away with it.

pahunkboy -> RE: you can not create 5 trillion, and not inflation (10/19/2008 6:48:54 AM)
well for the next 3 months, I think cash is king. US cash. Everyone wants it right now. As to gold- and silver I seen a comment that the spread between real and held is too far apart to be genuine. Hinting that gold is being sold that doesn exisit. Also some think gold price is controled. and We recall how the hunt bros tried to take silver. 1. water. I think I like water right now as well.

pahunkboy -> RE: you can not create 5 trillion, and not inflation (10/19/2008 6:50:52 AM)
quote: ORIGINAL: UncleNasty quote: ORIGINAL: pahunkboy We have been robbed. ROBBED! fricken ROBBED! Yep. I'm reminded of a quote: "How tight does the noose around your neck have to be before you realize you're being hanged?" Uncle Nasty True. The noose is still on the peon neck.

Musicmystery -> RE: you can not create 5 trillion, and not inflation (10/19/2008 7:29:01 AM)
quote: Is it possible to have inflation and deflation at the same time? Yes. It's also possible to have inflation during prolonged economic downturns, like the "stagflation" of the 70s. And yes, the Bush administration has been denying high inflation by looking at indexes across all goods, while those of us primarily buying food and gas are obviously paying much more.

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