As I predicted, Stagflation here we come

Ron Paul > Rabbi

Sorry, it's just fact.
Very true Avory but I also forgot to point out that;

With all due respect to Dr. Paul he was basing his predictions on what he learned from Austrian Business Cycle Theory which has been around long before anybody ever heard of Obama or Bush, gotta give credit where credit is due , three cheers for Hayek and Von Mises. :)

Except in 2008 Ron Paul was wrong.
Yes you've already indicated how you felt about that, of course you failed to provide any facts or reasoning to substantiate it, Not to mention your hypothesis runs counter to your initial claim that we are in fact facing stagflation, or did you suppose that in 2008 Ron Paul was predicting that stagflation would manifest itself by the end of that year?

Sorry to all the Paul-fluffers.
That's the spirit, when you have nothing of any substance to add, just stoop to mindless name calling. :rolleyes:

Have a nice day :)
 
But it is a situation in which the repubs share the blame.

Share the blame? They caused the problem and block anything that could fix any part of it.

Time and again we've challenged the USMB to give us some credible policies that would help the country and the ONLY the things they come up with:

Deregulate
Cut Taxes

It was GOP Deregulation the ruined the economy

It was the Bush tax cuts that gave us the largest share of the deficits. We are being taxed at historic lows.

The definition of insane is doing the same thing over again and expecting different results.

The weird thing is the base lets Republican congressmen take credit for creating hundreds of thousands of jobs using money from the Obama stimulus and then complain, the stimulus failed. While taking credit for the jobs it created. How can that be? Republicans are capable of anything. Seriously.
Looks like Rick Perry is in the bag now for ObamaCare.

Rick Perry Seeks Obamacare Funding For Texans

And there are 3 reasons this isn't hypocrisy..

1. It just isn't.
2. It just isn't.
3. Well..hmm..
 
Very true Avory but I also forgot to point out that;

With all due respect to Dr. Paul he was basing his predictions on what he learned from Austrian Business Cycle Theory which has been around long before anybody ever heard of Obama or Bush, gotta give credit where credit is due , three cheers for Hayek and Von Mises. :)

Except in 2008 Ron Paul was wrong.
Yes you've already indicated how you felt about that, of course you failed to provide any facts or reasoning to substantiate it, Not to mention your hypothesis runs counter to your initial claim that we are in fact facing stagflation, or did you suppose that in 2008 Ron Paul was predicting that stagflation would manifest itself by the end of that year?

Sorry to all the Paul-fluffers.
That's the spirit, when you have nothing of any substance to add, just stoop to mindless name calling. :rolleyes:

Have a nice day :)

That was Paul saying what Paul always says: fiat currencies are ruinous and we borrow too much money. The first isn't necessarily true. The second is obvious.
He did not address Obamacare, Dodd Frank, and other regulations and the general explosion in regulations, which are holding back growth. He doesn't address them because they weren't in existence yet.
So he was wrong. He actually says "we are experiencing stagflation now". It wasn't true. Inflation never materialized.
 
As I predicted, Stagflation here we come.

Several years ago on these boards I predicted that Obama's policies combined with the Fed's would produce stagflation.

Oh how stupid you were then & still are! The facts prove the exact opposite. Your just another flaming idiot claiming Obama is causing inflation.

Corn Price
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U.S. Ethanol Exports Hit 25-Month High; Brazil is Top Customer

Farm Land prices fell for the first time in 23 years.

US Oil Production will soon outpace US Oil Consumption. Prices will fall.
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Gasoline Price
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[/QUOTE]

Gold Price
fredgraph.png


Velocity of Money & Interest Rates Falling
fredgraph.png


Slashed Government Spending Rates & Deficit Spending.
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[/IMG]

Obama is mopping the floor with both Bush's. They could only dream of having Obama's increased employment rates. For 5 years now Household Income, Hires & Quits rates have been rising while the Unemployment & U-6 rates have been falling. :eusa_clap:

Employment is rising at increasing velocity. First 6 months of 2014 average 231k jobs added per month, last year the average was 194K jobs added per month. :eusa_clap:

The last time over 200,000 new jobs were created 6 months in a row was in 1999 when Bill Clinton was president! :eusa_clap:

Bush took the employment rate of working age population from 74% down to 65%. :eek:

Bush destroyed 18 million jobs. :eek:

Obama took the employment rate of working age population from 65% up to 69%. :eusa_clap:

Obama restored or created 8 million jobs. :eusa_clap:

Employment Rate of Working Age Population
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Job Creation
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