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Author Topic:   Deflation And Hyperinflation. Could It Happen Here?
jar
Member (Idle past 416 days)
Posts: 34026
From: Texas!!
Joined: 04-20-2004


Message 2 of 33 (884281)
02-04-2021 4:12 PM


See what?

My Sister's Website: Rose Hill StudiosMy Website: My Website

Replies to this message:
 Message 3 by Phat, posted 02-09-2021 11:22 AM jar has replied

  
jar
Member (Idle past 416 days)
Posts: 34026
From: Texas!!
Joined: 04-20-2004


Message 4 of 33 (884311)
02-09-2021 12:31 PM
Reply to: Message 3 by Phat
02-09-2021 11:22 AM


Re: Handwriting On Wall Is A Metaphor
Reality can be a bitch Phat.
But yet again you simply haven't answered the question.
What is written on the wall?
What are the signs that anyone can see?
And the US dollar has absolutely nothing to do with the FACT, and it really is a fact, that the Bill Will Get Paid.
The issue is "How to pay the bill with the least amount of suffering?"
Basics Phat.
What is the current US Fed Fund Interest Rate?
Edited by jar, : No reason given.

My Website: My Website

This message is a reply to:
 Message 3 by Phat, posted 02-09-2021 11:22 AM Phat has replied

Replies to this message:
 Message 5 by Phat, posted 02-10-2021 12:27 AM jar has replied

  
jar
Member (Idle past 416 days)
Posts: 34026
From: Texas!!
Joined: 04-20-2004


Message 7 of 33 (884315)
02-10-2021 7:19 AM
Reply to: Message 5 by Phat
02-10-2021 12:27 AM


Re: Handwriting On Wall Is A Metaphor
Phat writes:
The whole world must pay it.
Most of the world has been paying the bill; it's the US that has, just like Trump, been refusing to pay its bill. And for the US the compound interest on the bill has been accumulating for almost a half century.
And the US will eventually have to pay it.
And yes, it's very likely that the wealthy in the US will yet again refuse to pay and let the poor and middle class suffer.
BUT that is what the US citizens have supported and voted for and a very large percentage continue to vote for. So they will get what the vote for.
AbE:
Stop and think Phat.
Banks borrow money short term a 0.25%.
What interest rate can you get on a short term loan or credit card?
Edited by jar, : appalin spallin
Edited by jar, : see AbE.

My Website: My Website

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 Message 5 by Phat, posted 02-10-2021 12:27 AM Phat has not replied

  
jar
Member (Idle past 416 days)
Posts: 34026
From: Texas!!
Joined: 04-20-2004


(2)
Message 12 of 33 (884339)
02-12-2021 8:26 AM
Reply to: Message 11 by Phat
02-12-2021 7:47 AM


Re: Financial Charlatans & Religious Charletans
It really is a matter of knowing some of the basics.
The US has held the Federal Fund Rate as close to 0 as possible for a long time. This should help businesses borrow to create new jobs. But what we see is no new jobs. Since the Fed rate is at effective zero the only likely direction is for it to go up.
The US has fallen out of the top 10 nations in innovation.
More countries now invest in China than the do in the US.
The US moved infrastructure to the debit side of the ledger ever since Reagan, and so our infrastructure, water, power, roads, bridges ... are falling apart.
We are simply not competing and have decided not to compete for decades. We sat on the bench while China and Southeast Asia and Korea and Japan and Europe and Africa and South America scored again and again and again.
We need to compete.
We are no longer the innovators, the inventors, the builders, the leaders.
We know what to do; just look at what everyone else is doing well. It's not hidden or secret or impossible; everybody's doing it.
BUT it will take time and effort and most of all education to turn things around.

My Website: My Website

This message is a reply to:
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jar
Member (Idle past 416 days)
Posts: 34026
From: Texas!!
Joined: 04-20-2004


Message 14 of 33 (884344)
02-12-2021 3:16 PM
Reply to: Message 13 by Percy
02-12-2021 11:44 AM


Re: Financial Charlatans & Religious Charletans
It might be worthwhile to discuss what happens in deflation and in particular a deflationary spiral and how other nations have addressed a deflationary spiral in the past.

My Website: My Website

This message is a reply to:
 Message 13 by Percy, posted 02-12-2021 11:44 AM Percy has seen this message but not replied

  
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