Rshermr
VIP Member
Great, now everyone gets to see how you change your position when it's exposed to light like cockroaches. Thanks!Inflation is currently 0.85%. You really have no fucking clue what you're talking about.This economy blows.....QE has debased the currency causing inflation and it has caused another giant bubble that is about to burst...everyone on the inside knows it and they have been preparing accordingly. The derivatives market is what will end up blowing things all to hell. Tick, tick, tick......just a matter of time before it implodes.
The dollar has lost 98 percent of it's value since the Fed Act of 1913.....you are the one that is fucking clueless. You know nothing about how this fiat currency works or fractional reserve banking. You live in a child like world that wears rose colored glasses because a leftard is in charge.![]()
You claimed QE has caused inflation.
I counter that idiotic claim by pointing out that in reality, inflation is currently less than one percent.
Being a retard with zero integrity, you're incapable of simply admitting you're wrong; so instead, you change the time frame of your claim from 2008 (when QE started) -- to 1913.
Your claim turned out to be so outrageous, you felt compelled to shift it by nearly a century.
And I thank you for that since, like Oldstyle, you expose your dishonesty AND ignorance to everyone perusing this thread.
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That's a great service you provided for me and I just wanted to let you know it didn't go unappreciated.![]()
Really? t
Great, now everyone gets to see how you change your position when it's exposed to light like cockroaches. Thanks!Inflation is currently 0.85%. You really have no fucking clue what you're talking about.This economy blows.....QE has debased the currency causing inflation and it has caused another giant bubble that is about to burst...everyone on the inside knows it and they have been preparing accordingly. The derivatives market is what will end up blowing things all to hell. Tick, tick, tick......just a matter of time before it implodes.
The dollar has lost 98 percent of it's value since the Fed Act of 1913.....you are the one that is fucking clueless. You know nothing about how this fiat currency works or fractional reserve banking. You live in a child like world that wears rose colored glasses because a leftard is in charge.![]()
You claimed QE has caused inflation.
I counter that idiotic claim by pointing out that in reality, inflation is currently less than one percent.
Being a retard with zero integrity, you're incapable of simply admitting you're wrong; so instead, you change the time frame of your claim from 2008 (when QE started) -- to 1913.
Your claim turned out to be so outrageous, you felt compelled to shift it by nearly a century.
And I thank you for that since, like Oldstyle, you expose your dishonesty AND ignorance to everyone perusing this thread.
That's a great service you provided for me and I just wanted to let you know it didn't go unappreciated.[/QUOTE![]()
Change my position? Hardly. The cost of housing is ungodly high, they are packaging food in smaller quantities while only slightly raising the prices. The only break we have gotten is in gas prices. There is a huge crash coming and the powers that be know it. We are driving off a cliff and you are sitting in the back whistling....totally clueless.
Uh, the inflation rate has been low for years. Under 2.5% per year since 1990. Right where economists want it to be to ensure economic growth of the economy. That specific costs are going up fast is generally a problem of monopoly (general or regional) and population growth.
But inflation??? Sorry, that is simply a stupid argument. Faun, in post 384, was completely correct. And his post should have ended that line of attack summarily.
And saying QE had any influenced is equally a stupid and mindless argument. The inflation rate during those and later years proves that beyond question. Anyone pointing at QE as a big deal just pointed at themselves as idiots.