Comments on: Would Deflation Be a Good Thing or a Bad Thing? http://www.prisonplanet.com/would-deflation-be-a-good-thing-or-a-bad-thing.html Fri, 27 Nov 2009 09:06:23 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Paulson is an idiot http://www.prisonplanet.com/would-deflation-be-a-good-thing-or-a-bad-thing.html/comment-page-1#comment-88291 Paulson is an idiot Fri, 21 Nov 2008 10:08:43 +0000 http://www.prisonplanet.com/?p=4517#comment-88291 You don't have to worry about deflation for very long. You see, eventually, when you print TRILLIONS upon TRILLIONS of dollars, you get a rapid and sudden thing called HYPERinflation. We can all look forward to having a lot of "money". We will all be very "rich". Just ask those guys with the wheel-barrels of money in 1923 Wiemar Germany. They were "millionaires". The "experts" are of course caught up on all the little nitty-gritty details as the bottom continues to fall out. They keep blurting the same, tired old mantra of, "Markets go up, markets go down". They consider debt, "GDP" or a "product". They consider gambling and speculation an "evolving market" or a "service economy". A SERVICE??? These guys are truly fantastic. They say that they have a very "well considered", "thought out", "comprehensive" plan to buy toxic paper, and then a WEEK later they change their minds and say, "ah, well, the situation is 'evolving' and we have to be 'flexible' with our approach." Lol. They just bullshit and bullshit. Paulson has NO IDEA what he is doing or WHY this crisis is happening or WHERE it is going. He is just a dope who understands how to play the "game", in other words, he knows how to make money with money. He doesn't understand physical economy or anything else for that matter. The other lie they spout, just to save face is, "Nobody could have known this was coming". HA! Ha ha ha... Now THAT is funny... http://larouchepac.com/ You don’t have to worry about deflation for very long. You see, eventually, when you print TRILLIONS upon TRILLIONS of dollars, you get a rapid and sudden thing called HYPERinflation.

We can all look forward to having a lot of “money”. We will all be very “rich”. Just ask those guys with the wheel-barrels of money in 1923 Wiemar Germany. They were “millionaires”.

The “experts” are of course caught up on all the little nitty-gritty details as the bottom continues to fall out.

They keep blurting the same, tired old mantra of, “Markets go up, markets go down”.
They consider debt, “GDP” or a “product”.
They consider gambling and speculation an “evolving market” or a “service economy”. A SERVICE???

These guys are truly fantastic.

They say that they have a very “well considered”, “thought out”, “comprehensive” plan to buy toxic paper, and then a WEEK later they change their minds and say, “ah, well, the situation is ‘evolving’ and we have to be ‘flexible’ with our approach.”

Lol. They just bullshit and bullshit. Paulson has NO IDEA what he is doing or WHY this crisis is happening or WHERE it is going. He is just a dope who understands how to play the “game”, in other words, he knows how to make money with money.
He doesn’t understand physical economy or anything else for that matter.

The other lie they spout, just to save face is, “Nobody could have known this was coming”.
HA! Ha ha ha…
Now THAT is funny…
http://larouchepac.com/

]]> By: kenn http://www.prisonplanet.com/would-deflation-be-a-good-thing-or-a-bad-thing.html/comment-page-1#comment-88133 kenn Fri, 21 Nov 2008 02:20:41 +0000 http://www.prisonplanet.com/?p=4517#comment-88133 Isn't it remarkable how deflation which increases the value of your money and earnings a 'bad thing' while inflation which decreases the value of money and earnings a 'good thing' We're so conditioned we can't even think critically. Example: Social Security requires inflation to cover obligations.-- With deflation the obligations are reduced because the money becomes more valuable so less is required to do the same thing. How about considering the same people that have been wrong every step of the way trying to fight this Tiger THEY created are also the ones giving us the $70 Trillion figures for SS and Medicare. It is stupefying to me how 'we' believe every word they speak even though every word has been WRONG! For you Inflationist's, not to worry, you will probably get your wish in a few months. 4.5 Trillion these morons have pumped in has to end up having some effect. Just think, soon we may all be billionaires!! Just like our Zimbabwe friends. Wonder what Optimist considers a crash... Isn’t it remarkable how deflation which increases the value of your money and earnings a ‘bad thing’ while inflation which decreases the value of money and earnings a ‘good thing’

We’re so conditioned we can’t even think critically. Example: Social Security requires inflation to cover obligations.– With deflation the obligations are reduced because the money becomes more valuable so less is required to do the same thing.

How about considering the same people that have been wrong every step of the way trying to fight this Tiger THEY created are also the ones giving us the $70 Trillion figures for SS and Medicare.

It is stupefying to me how ‘we’ believe every word they speak even though every word has been WRONG!

For you Inflationist’s, not to worry, you will probably get your wish in a few months. 4.5 Trillion these morons have pumped in has to end up having some effect.

Just think, soon we may all be billionaires!! Just like our Zimbabwe friends.

Wonder what Optimist considers a crash…

]]> By: Thom Allen http://www.prisonplanet.com/would-deflation-be-a-good-thing-or-a-bad-thing.html/comment-page-1#comment-87909 Thom Allen Thu, 20 Nov 2008 20:28:17 +0000 http://www.prisonplanet.com/?p=4517#comment-87909 One of the greatest eras of economic growth in US history was the latter part of the 19th century. This was a deflationary era. Prices trended downward, but real wages, the standard of living, and profits trended upward. One of the greatest eras of economic growth in US history was the latter part of the 19th century. This was a deflationary era. Prices trended downward, but real wages, the standard of living, and profits trended upward.

]]> By: optomist http://www.prisonplanet.com/would-deflation-be-a-good-thing-or-a-bad-thing.html/comment-page-1#comment-87875 optomist Thu, 20 Nov 2008 19:53:47 +0000 http://www.prisonplanet.com/?p=4517#comment-87875 Markets fluctuate. I prefer the cheap gas and potato chips myself! And if a crash happens I can move in and make a killing! Markets fluctuate. I prefer the cheap gas and potato chips myself!

And if a crash happens I can move in and make a killing!

]]> By: Tod G http://www.prisonplanet.com/would-deflation-be-a-good-thing-or-a-bad-thing.html/comment-page-1#comment-87810 Tod G Thu, 20 Nov 2008 17:56:21 +0000 http://www.prisonplanet.com/?p=4517#comment-87810 Deflation is being caused by a rise in the value of the dollar. Stocks move at multiples of dollar moves, currently in the inverse direction. Big move up in dollar now = massive crash of markets. All for cheap gas and potato chips?! Not a good trade. Deflation is being caused by a rise in the value of the dollar. Stocks move at multiples of dollar moves, currently in the inverse direction. Big move up in dollar now = massive crash of markets. All for cheap gas and potato chips?! Not a good trade.

]]> By: Alex http://www.prisonplanet.com/would-deflation-be-a-good-thing-or-a-bad-thing.html/comment-page-1#comment-87656 Alex Thu, 20 Nov 2008 14:20:24 +0000 http://www.prisonplanet.com/?p=4517#comment-87656 Without inflation the governments $70 trillion SS and Medicare obligations will have to go into default. No way this is going to happen. Without inflation the governments $70 trillion SS and Medicare obligations will have to go into default. No way this is going to happen.

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