Starbuck wrote:

Doug,
The marketplace responds fairly quickly to inflationary pressure

Uh huh.
Do you know the economics textbook definition of "long term"?

Look it up.

... just ask
Germans who lived during the 40's how quickly the marketplace reacts to an
increase in money supply without an increase in productivity.

And how quickly is that?
When a crisis that is ten years in the making creates an "overnight
sensation" of exponential inflation, does it take an idiot to ignore the
10 year crisis and focus on the overnight? Or merely someone who is
poorly educated who also wants to promote a fundamentally dishonest agenda?



Are you suggesting it is ok to create rampant inflation in an effort to try
to give the appearance of helping the less fortunate?

Why, no. Are you suggesting that I suggested that?

I was merely pointing out that your ideas about economics are wrong.


... After all, the old on
fixed income have lived a good life

Is that why you & the Bush/Cheney Administration feel it's OK to pillage
Social Security and hand over the loot to Wall St?


... it is more important that we give the
appearance of helping the poor.


instead of "giving the appearance" how about actually helping them?

Or in the words of the immortal B.B. King (no relation) 'Help the
poor... Lord, help the poor... yes, help the poor... won't you help poor
me.'

DSK

Doug,
If you increased the money supply by 25% without any increase in
productivity, you could expect inflation to be 25% in less than 2 years, it
would probably be 25% in less than 12 months, but you could expect to see
prices rising the same month the money supply was increased. You will have
25% more dollars chasing the exact same amount of production, and the prices
will rise as soon as the marketplace realizes it. Even if this information
was never published in the news. Those who buy commodity futures will bid
up the futures almost immediately, (they review all the government data
concerning M1 and M2 money supply) this will increase the cost of the raw
materials. This will very quickly raise the cost of finished goods, since
most manufacturers and many retail businesses use LIFO accounting practice.


"DSK" wrote in message
...
Starbuck wrote:

Doug,
The marketplace responds fairly quickly to inflationary pressure

Uh huh.
Do you know the economics textbook definition of "long term"?

Look it up.

... just ask Germans who lived during the 40's how quickly the
marketplace reacts to an increase in money supply without an increase in
productivity.

And how quickly is that?
When a crisis that is ten years in the making creates an "overnight
sensation" of exponential inflation, does it take an idiot to ignore the
10 year crisis and focus on the overnight? Or merely someone who is poorly
educated who also wants to promote a fundamentally dishonest agenda?



Are you suggesting it is ok to create rampant inflation in an effort to
try to give the appearance of helping the less fortunate?

Why, no. Are you suggesting that I suggested that?

I was merely pointing out that your ideas about economics are wrong.


... After all, the old on fixed income have lived a good life

Is that why you & the Bush/Cheney Administration feel it's OK to pillage
Social Security and hand over the loot to Wall St?


... it is more important that we give the appearance of helping the poor.


instead of "giving the appearance" how about actually helping them?

Or in the words of the immortal B.B. King (no relation) 'Help the poor...
Lord, help the poor... yes, help the poor... won't you help poor me.'

DSK

Starbuck wrote:

Doug,
If you increased the money supply by 25% without any increase in
productivity, you could expect inflation to be 25% in less than 2 years

You economics geniuses are really funny.

Ever heard of the velocity of money?

Check it out, dude.
Get back to me.

Oh wait, before you start talking about 'money supply' you should also
look up 'checkable deposits.'

DSK

Doug,
I am glad you know more than the best economic minds in the country. Keep
up the good work.


"DSK" wrote in message
...
Starbuck wrote:

Doug,
If you increased the money supply by 25% without any increase in
productivity, you could expect inflation to be 25% in less than 2 years

You economics geniuses are really funny.

Ever heard of the velocity of money?

Check it out, dude.
Get back to me.

Oh wait, before you start talking about 'money supply' you should also
look up 'checkable deposits.'

DSK

Starbuck wrote:

Doug,
I am glad you know more than the best economic minds in the country.

Umm, here's a clue:
People who cannot give simple definitions of terms like "long terms"
versus "short term", or understand the velocity of money and it's
influence on inflationary pressure, are not "the best economic minds in
the country."

BTW that includes Rush Limbaugh

So, to restate: I don't know more than the best economic minds in the
country, but I certainly know more than you and the rest of the
rec.boats Bush-Cheney cheerleaders club for dumb angry white men.

DSK

Doug,

So in your mind increasing the money supply 25% will not result in
inflationary pressure.

If this is correct, why didn't the Bill Clinton, the compassionate president
who felt the peoples pain, just print 25% more money and distribute that
money to those in need.


"DSK" wrote in message
...
Starbuck wrote:

Doug,
I am glad you know more than the best economic minds in the country.

Umm, here's a clue:
People who cannot give simple definitions of terms like "long terms"
versus "short term", or understand the velocity of money and it's
influence on inflationary pressure, are not "the best economic minds in
the country."

BTW that includes Rush Limbaugh

So, to restate: I don't know more than the best economic minds in the
country, but I certainly know more than you and the rest of the rec.boats
Bush-Cheney cheerleaders club for dumb angry white men.

DSK

Starbuck wrote:

So in your mind increasing the money supply 25% will not result in
inflationary pressure.


???

Where did I say that?

Why not read what I *did* say, instead of making things up which I did not?

DSK

On Wed, 28 Sep 2005 21:43:41 -0400, DSK wrote:

Starbuck wrote:

Doug,
I am glad you know more than the best economic minds in the country.

Umm, here's a clue:
People who cannot give simple definitions of terms like "long terms"
versus "short term", or understand the velocity of money and it's
influence on inflationary pressure, are not "the best economic minds in
the country."

BTW that includes Rush Limbaugh

So, to restate: I don't know more than the best economic minds in the
country, but I certainly know more than you and the rest of the
rec.boats Bush-Cheney cheerleaders club for dumb angry white men.

DSK

Most in the group would agree that you know more than most in the group, I'm
sure! I think you should proclaim yourself 'most knowledgeable about
everything'. Then people wouldn't argue with you.
--
John H

"All decisions are the result of binary thinking."

"PocoLoco" wrote in message
...
On Wed, 28 Sep 2005 21:43:41 -0400, DSK wrote:

Starbuck wrote:

Doug,
I am glad you know more than the best economic minds in the country.

Umm, here's a clue:
People who cannot give simple definitions of terms like "long terms"
versus "short term", or understand the velocity of money and it's
influence on inflationary pressure, are not "the best economic minds in
the country."

BTW that includes Rush Limbaugh

So, to restate: I don't know more than the best economic minds in the
country, but I certainly know more than you and the rest of the
rec.boats Bush-Cheney cheerleaders club for dumb angry white men.

DSK

Most in the group would agree that you know more than most in the group,
I'm
sure! I think you should proclaim yourself 'most knowledgeable about
everything'. Then people wouldn't argue with you.

you have to love the arrogance of the liebral left..........that is what
will continue to cost them elections.

--
John H

"All decisions are the result of binary thinking."

"DSK" wrote in message
...
And how quickly is that?
When a crisis that is ten years in the making creates an "overnight
sensation" of exponential inflation, does it take an idiot to ignore the
10 year crisis and focus on the overnight? Or merely someone who is poorly
educated who also wants to promote a fundamentally dishonest agenda?

Doug, You might be poorly educated, but I don't think you are promoting a
fundamentally dishonest agenda, I just think you are poorly educated.
Remember, the definition of inflation is when more dollars are chasing the
same amount of goods and servcies. If you do not increase productivity at
the exact same amount you increase the money supply, you will ALWAYS have
inflation.