Monetary Tsunami In America!!

The Germans had just suffered defeat during WWI.What do you think happened to their manufacturing base, Buz? It was beat to hell by warfare. What do you think happened to their workers? They fought and died in battles. Obviously Germany experienced a substantial negative shock to production - that's the point of warfare, to deny the enemy the capacity to produce war - and therefore obviously loose monetary policy produced hyperinflation. If they predicted that in the 60's, then clearly they were wrong.Gold inflates too, Buz. Didn't that occur to you? That people are constantly mining gold out of the ground, thereby reducing the value of the gold that has already been mined?Didn't it occur to you that precious metals are fiat currency, too? This is just a nonsense word salad, Buz. Words you probably don't even know the meaning of. That's not how pyramid scams work. Investors are never left in the lurch; they make money hand over fist. It's the new people who lose their shirts, because the last people to come in to the pyramid pay up the level, but they can't possibly find enough new people to come in below them. Pyramid schemes are a wealth transfer from about five or six people to one person.The ACA bill, of course, doesn't transfer much wealth at all (though it does reduce the deficit over ten years.) So, what you're saying is that you've been dead wrong for almost 50 years?

So why aren't you out buying that, stupid?

Who do you think the government is, Crashfrog? It's we the people. It's our wealth that you want the bureaucrats to drop out of helicopters to anyone who will spend it.I tell you what. Since some of us are reluctant to spread our hard earned $$ around to deadbeats and non-working takers, how about you getting up your own little organization and collect up your organization's $$ and spread your wealth around. If that works out for you folks, then the rest of us who are the government of the people by the people will consider your proposal.

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BUZSAW B 4 U 2 C Y BUZ SAW.
The Immeasurable Present Eternally Extends the Infinite Past And Infinitely Consumes The Eternal Future.

Hmmm, you mean 46 years of being wrong doesn't lead you to even consider the possibility that you're mistaken? Color me astounded.

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Ridicule is the only weapon which can be used against unintelligible propositions. -- Thomas Jefferson

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We see monsters where science shows us windmills. -- Phat

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It has always struck me as odd that fundies devote so much time and effort into trying to find a naturalistic explanation for their mythical flood, while looking for magical explanations for things that actually happened. -- Dr. Adequate

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...creationists have a great way to detect fraud and it doesn't take 8 or 40 years or even a scientific degree to spot the fraud--'if it disagrees with the bible then it is wrong'.... -- archaeologist

You're right - it's ours. So, they should drop it out of helicopters on us. They should print up about a trillion dollars extra, to make up for the trillion dollars that disappeared. I don't want to take any of your money. I want to print up new money and drop it from helicopters. It's not hard to understand. I'm not suggesting that the government should raise taxes and then redistribute the revenue. I'm saying the government should print new money and give it away.It's a demand-driven recession, everybody agrees on that. So the government needs to increase demand for goods and services. One way to do that is for the government to buy goods and services. Another way would be for the government to give us all a bunch of extra money and have us buy goods and services. Nobody's talking about "spreading the wealth around." We're talking about printing new money and giving it away to be spent and drive up aggregate demand.It's seriously not a difficult concept, and it's completely non-inflationary. How many times do I have to explain it?

Buying what? I don't know what he is buying. As for me, I've never had a lot of $$ to buy a lot of gold. I buy variety of a lot of stuff. Actually, I've been selling my gold and buying other stuff with the money that I figure will work even better than gold for me and mine in the hard times coming ahead.

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BUZSAW B 4 U 2 C Y BUZ SAW.
The Immeasurable Present Eternally Extends the Infinite Past And Infinitely Consumes The Eternal Future.

Buying whatever Mr. Goldseller is investing in, since by definition it would have to be more valuable than an investment in gold (otherwise, Mr. Goldseller would just keep his gold.)You just have absolutely no idea when you're being played for a sucker, do you, Buz?

Subbie, you need to read me more carefully. You must have missed that word, eventural. So far the proverbial snowball has been gradually growing as it rolls down the hill. Sooner or later it will grow big enough to destroy everything in it's path.

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BUZSAW B 4 U 2 C Y BUZ SAW.
The Immeasurable Present Eternally Extends the Infinite Past And Infinitely Consumes The Eternal Future.

This is a picture of a melting snowball, Buz, not a rolling one. Look how severe inflation was on the gold standard.

What country do you live in? The last I checked, the government is "of the 1%, by the 1%, for the 1%". That 1% being the richest 1%, holding all of the wealth in the nation. The gub'ment doesn't give 2 shits about you unless your bank account has more than 7 zero's.

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"What can be asserted without proof, can be dismissed without proof."-Hitch.

So you're still oblivious to the fact that when the money printers print up new money, they are robbing from the sheeple by deflating the buying power of their savings.Crashfrog, come, let us reason together. Suppose it became possible to turn iron ore into gold. It wouldn't take long for the gold to loose it power due to the dreg on the market by the over abundance of gold.In the first place, the government hasn't printed any money since President Wilson signed the Federal Reserve Bill, signing over to the privately owned central bankers the priviledge of printing money so as to lend it to the sheeple's government so as to enrich themselves by collecting the interest from the government/sheeple who now must borrow the printed money from the private bankers.Like deflating the value of gold by producing it from iron ore, the sheeple's money is devalued/robbed by the central bankers and the government who devaluate the sheeple's money via the printing presses rolling out paper reserve notes. Sooner or later, like the Germans and numerous other historical monetary basket cases, America's sheeple like you will wake up broke and under tyrannical oppression. Dictator types like Soros and Obama take over by impoverishing the sheeple first. The quickest way to accomplish that is to devalue their wealth and impoverish them all so as to become dependent on government.

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BUZSAW B 4 U 2 C Y BUZ SAW.
The Immeasurable Present Eternally Extends the Infinite Past And Infinitely Consumes The Eternal Future.

You'd think, after how many years here, that we'd have learned not to try to confuse Buz with facts. Ah well, perhaps one day.

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Ridicule is the only weapon which can be used against unintelligible propositions. -- Thomas Jefferson

​

We see monsters where science shows us windmills. -- Phat

​

It has always struck me as odd that fundies devote so much time and effort into trying to find a naturalistic explanation for their mythical flood, while looking for magical explanations for things that actually happened. -- Dr. Adequate

​

...creationists have a great way to detect fraud and it doesn't take 8 or 40 years or even a scientific degree to spot the fraud--'if it disagrees with the bible then it is wrong'.... -- archaeologist

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Like deflating the value of gold by producing it from iron ore,

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Yup, that might do it...

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the sheeple's money is devalued/robbed by the central bankers and the government who devaluate the sheeple's money via the printing presses rolling out paper reserve notes.

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Ah, the great selective monetary devaluation weapon that devalues the sheeples money while maintaining and even inflating the non-sheeples money.Man, this is getting even funnier than the god Buz tries to market.

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Anyone so limited that they can only spell a word one way is severely handicapped!

I've already explained how this isn't the case; inflation is driven by overdemand for goods, not an oversupply of currency. I'm not oblivious to anything; you're just dramatically misinformed about the causes of inflation. Sure! I'll start. Why does inflation happen?Well, it's simple; it's supply and demand. If you double the amount of dollars in everybody's pocket, then people want to go out and spend it. They want goods and services instead of money.Well, so what does that do to the price of goods and services? Since production hasn't increased any, the amount of goods and services are the same, but now there's twice as many dollars trying to chase them. Inflation is more money chasing the same amount of goods and services. Supply and demand.But what if there's a "reserve" of goods and services? What if there are people who could be providing services but aren't, and goods that could be sold to people but haven't been? Why, then the increase in demand for goods and services can be balanced by an increase in the amount of goods and services for sale, and the result is that the price of goods and services stays more or less the same, which means there's no inflation. Supply and demand.It's really simple, Buz. It's the logical response to a recession driven by a decline in aggregate demand: It is possible to turn iron into gold, but it's much more common to simply mine gold out of the ground. That's why inflation was so runaway during the gold standard years. Blah blah blah. Outsourcing. If the government wants a bunch of money printed, it gets a bunch of money printed, like when several billion dollars were printed up to be sent to Iraq at the government's behest. It doesn't matter who does it; the Federal Reserve Bank prints money at the behest of the Federal government. George Soros actually fought dictators, did you know that? He deserves quite a bit better, in my view, than your idiotic conspiracy theories.

The maps I linked to were about exports and imports: what is bought and sold and from whom to whom.Note the spike and drop when laid over the demand trend in your silly little graphs.Jon

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