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#1
posted to rec.boats
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#2
posted to rec.boats
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On 09/05/2010 12:46 PM, bpuharic wrote:
On Sun, 09 May 2010 13:28:59 -0400, wrote: On Sun, 09 May 2010 12:42:16 -0400, wrote: by the way...what's the rate of inflation nowadays? oh. there isn't any. Bought any oil based products lately? (everything is oil based) There is certainly inflation going on. The fed is just ignoring it and borrowing to hide it by printing money. really? got any proof? or is the only proof you need listening to limballs? Not that you want to see, but with unemployment going 9.7 to 9.9 and GDP is reputed to be growing, it has historically been a 100% hit rate on pending inflation. Read some good books. Not the kenesian BS, some good books with lots of straight up historical real events and discussions. Like the one that says a recession/depression is coming when real interest rates on savings goes below real unadjusted inflation. And discussions on why bonds go down near the end. Right now, if you are into loaning money in CDs, t-bills, or whatever, good time to get the frack out. Interest rates have only one way to go and it isn't down. -- There is a sucker born every minute, liberals and our politicians are counting on it. |
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#3
posted to rec.boats
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On Sun, 09 May 2010 17:21:05 -0600, Canuck57
wrote: On 09/05/2010 12:46 PM, bpuharic wrote: On Sun, 09 May 2010 13:28:59 -0400, wrote: really? got any proof? or is the only proof you need listening to limballs? Not that you want to see, but with unemployment going 9.7 to 9.9 and GDP is reputed to be growing, it has historically been a 100% hit rate on pending inflation. fine. when it hits you be sure and let me know, OK? the reason inflation hasn't been rising is that the rich have been screwing the living **** out of the middle class for the last 10 years and ensuring we live paycheck to paycheck Read some good books. Not the kenesian BS, sorry sport. i did my grad work reading rudiger dornbusch of MIT. i now read simon johnson, of MIT, joseph stiglitz, nobel prize winner, paul krugman, of princeton, nobel prize winner, nouriel roubini of NYU who predicted the crash, herbert simon who taught at the university where i spent my freshman year...and who won the nobel prize... you? you listen to limballs and keynesianism? gaining a WHOLE LOT of respect among conservatives since friedman has been shown to be full of bull**** some good books with lots of straight up historical real events and discussions. Like the one that says a recession/depression is coming when real interest rates on savings goes below real unadjusted inflation. gee. the rich have engineered this by stealing middle class 401K's, destroying pensions, trying to stave off middle class health insurance, etc all teh while ensuring they get protected for ****ing up the economy And discussions on why bonds go down near the end. Right now, if you are into loaning money in CDs, t-bills, or whatever, good time to get the frack out. Interest rates have only one way to go and it isn't down. depends on how the rich think they can screw the middle class again |
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#5
posted to rec.boats
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On 09/05/2010 2:30 PM, bpuharic wrote:
On Sun, 09 May 2010 15:50:34 -0400, wrote: On Sun, 09 May 2010 14:46:35 -0400, wrote: On Sun, 09 May 2010 13:28:59 -0400, wrote: On Sun, 09 May 2010 12:42:16 -0400, wrote: by the way...what's the rate of inflation nowadays? oh. there isn't any. Bought any oil based products lately? (everything is oil based) There is certainly inflation going on. The fed is just ignoring it and borrowing to hide it by printing money. really? got any proof? or is the only proof you need listening to limballs? The proof I have is I go to the gas station, the grocery store and I pay a cable bill (until I fired them). What is not going up? ?? so your little 7-11 grocery store is the entire US economy? gee. i had no idea it was so busy The BLS agrees with me but you know how those government people lie. really? again, i ask where's your proof? http://www.bls.gov/news.release/cpi.nr0.htm EXACTLY!! finally you get it you IDIOT!! inflation is running at about 2.5%. and it's been that way for YEARS. but you right wingers think it's like zimbabwe... paranoia...tin foil hat paranoia Did we say Zimbabwe also tried the print money and debt to spend out of debt? They did. Wish I had the link to the $10,000,000 note that would not buy a loaf of bread. It is called currency dilution. Otherwise known as inflation. One in the same. Governemnt prints money it does not have, then inflation. Trouble is they lie their asses off on the real impact. Real inflation, unadjusted for governemtn BS is as I figure 1.6 times that of the government rate. So if government clains 2%, I believe after taxes to the net income it is closer to 3.2%. And it is like Zimbabwe, Agenina, Brazil, Germany (pre WW II), 1929 USA, Iceland, Spain, Greece (isn't the first time the ******s are a welshing), Venezuela, Mexico and dozens of others, 100% of the time it is a whopping inflation. Government actually _wants_ it for some important reasons. 1) What sounds better if you are greedy government, getting taxes on $3.000 a gallon or $6 gallon of gasoline? The alter of course. 2) If a house was worth $400k, but today is worth $200k, if 100% inflation took, it would revalue the house to $400k and people would be less inclined to walk away. 3) For the suckers doing t-bills for locked in, and inflation hits say 100%, then the t-bill will loose 1/2 of it's value in favor of th debtor. This inflation is good for debt welshers. But 3) is where Chinese, Saudi and Japanese (major creditors) have issues with the US congressional money mismanagment. So China, the worlds now premier currency is pegged to the US to protect its debt in the US from devaluing. In essense, the Chinese Yuan is proping up the USD. That will work for awhile, but sooner or later the Chinese will write it off. And with Japan in so much debt, they would rather clean up their books, a rather bad mess for US futures. Call it the Obama bad debtor paying chicken with the worlds creditors. And he is going to loose big time. $14.5 trillion of defunct debt. Now that is worth a wild assed market crash. Makes Greece look like a cake walk. -- There is a sucker born every minute, liberals and our politicians are counting on it. |
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#6
posted to rec.boats
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On Sun, 09 May 2010 17:54:09 -0600, Canuck57
wrote: On 09/05/2010 2:30 PM, bpuharic wrote: On Sun, 09 May 2010 15:50:34 -0400, wrote: EXACTLY!! finally you get it you IDIOT!! inflation is running at about 2.5%. and it's been that way for YEARS. but you right wingers think it's like zimbabwe... paranoia...tin foil hat paranoia Did we say Zimbabwe also tried the print money and debt to spend out of debt? and did we say that inflation is running at 2.5%? to you that's the same as 2500% such is right wing math So if government clains 2%, I believe after taxes to the net income it is closer to 3.2%. And it is like Zimbabwe, Agenina, Brazil, Germany (pre WW II), 1929 USA, Iceland, Spain, Greece (isn't the first time the ******s are a welshing), Venezuela, Mexico and dozens of others, 100% of the time it is a whopping inflation. any proof other than rush limballs saying it? Call it the Obama bad debtor paying chicken with the worlds creditors. And he is going to loose big time. $14.5 trillion of defunct debt. Now that is worth a wild assed market crash. Makes Greece look like a cake walk. more tin foil hat paranoia. more bull**** not a single fact in the whole string of bull**** |
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#7
posted to rec.boats
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On Sun, 09 May 2010 17:26:53 -0400, wrote:
On Sun, 09 May 2010 16:30:03 -0400, bpuharic wrote: The BLS agrees with me but you know how those government people lie. really? again, i ask where's your proof? http://www.bls.gov/news.release/cpi.nr0.htm EXACTLY!! finally you get it you IDIOT!! inflation is running at about 2.5%. and it's been that way for YEARS. I am not stupid enough to think 2.5% is zero. you're stupid enough to think it's 2500% |
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#8
posted to rec.boats
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On Sun, 09 May 2010 22:51:59 -0400, wrote:
On Sun, 09 May 2010 19:21:23 -0400, bpuharic wrote: On Sun, 09 May 2010 17:26:53 -0400, wrote: On Sun, 09 May 2010 16:30:03 -0400, bpuharic wrote: The BLS agrees with me but you know how those government people lie. really? again, i ask where's your proof? http://www.bls.gov/news.release/cpi.nr0.htm EXACTLY!! finally you get it you IDIOT!! inflation is running at about 2.5%. and it's been that way for YEARS. I am not stupid enough to think 2.5% is zero. you're stupid enough to think it's 2500% When did I say that? You said zero and I called you on it no, you said massive inflation i'm waitin for you to post your proof that the US is undergoing massive inflation 2.5% is about normal inflation over the last 30 years or so for the economy. obama is NOT causign massive inflation |
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#9
posted to rec.boats
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#10
posted to rec.boats
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"bpuharic" wrote in message ... On Mon, 10 May 2010 00:37:13 -0400, wrote: you're stupid enough to think it's 2500% When did I say that? You said zero and I called you on it no, you said massive inflation i'm waitin for you to post your proof that the US is undergoing massive inflation 2.5% is about normal inflation over the last 30 years or so for the economy. obama is NOT causign massive inflation The only reference I have made to massive inflation is when we can no longer get our debt serviced. That might not be that far off. you right wingers. you hate obama. why? well...'might...could...perhaps...' you get hysterical about events that havent happened while ignoring what bush actually DID to the economy. the only logical conclusion is that you hate obama because of his race Why do say people hate the POTUS just because they disagree with his physical policy? Then you throw in the nonsense that it's all because he is black. You need some help and not just a raise in pay. |
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