Dale Smith
Platinum Member
Great, now everyone gets to see how you change your position when it's exposed to light like cockroaches. Thanks!
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.
Really? t
Great, now everyone gets to see how you change your position when it's exposed to light like cockroaches. Thanks!
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.
You know, there are problems with this economy. You see it as gov, I see it as money in politics. I could care less if the us is incorporated. Hell, that is not news. Has been true for years. And is true of most countries. But you warning about an upcoming cliff has been being given by conspiracy theorists and conservatives for years. Has not happened. Just like your rantings about inflation, and about QE, me boy, are nuts. You are listening to people feeding you bullshit. Most know better than to eat it.
Inflation for christ sake, is only of issue if the prices resulting are greater than your current earnings. Simple, me boy. You see, we are not (at least most of us) living on 1913 earnings. Get a grip. Reality is somewhere else, not where you are currently living.
I was totally stunned by your post and not in a good way. Before the Fed Act, inflation was no existent so you don't have the slightest fucking clue....see the link attached below after I get done smacking you around. So you think it doesn't matter that Washington D.C is the corporate headquarters for USA.INC and all it's thousands upon thousands of subsidiaries? You have no fucking clue about the ramifications of that because you don't know who owns said corporation....and guess what, it's not we, the people. The Act of 1871 tossed the organic constitution and replaces it with a corporate constitution charter and it was not intednded to benefit the Republic. It was created to only benefit USA.INC that operates only within it's corporate charter and operates entirely outside the original (organic) Constitution.
Instead of unalienable rights, we were granted "privileges" like the right to travel that requires a license, marriage, requires a license...to pull a bass out of a lake requires a license......see the pattern? A corporation can't pass laws, it can only pass acts, statutes and codes. It also took us away from Common law and put us under admiralty law using legalese then in 1966, we went under the UCC. USA.INC is a for profit venture that is currently owned by the International Monetary Fund that is nothing but a subsidiary of the Fed bank, BIS and World Bank. It was taken into recievership to provide the 19 essential services of "gubermint" while making a profit. The fact that our "gubermint" is actually a corporate entity should not only piss you off but open your eyes to the thievery that has been done to all of us. I doubt that it will make any difference to you...you seem to have embraced the debt slavery system.
Inflation – Before and After the Federal Reserve by Tim Iacono
Well, me boy, perhaps you should look your chart. It has been over 45 years since my last econ class. And economic history classes do not spend a lot of time on the gold standard, which you seem to love. It is a favorite of the Libertarian crowd. Are you a libertarian? Maybe that explains you lack of rationality.
During the years before the us got rid of the gold standard, there was less inflation than since. Though on average, when there was inflation, it was higher than today.
Now, if you would look at the graphs on your link, you would see something odd, me boy. It was years of DEFLATION. Which meant, me boy, that GDP decreased. Your money was worth more, but it bought LESS. The other things you see is that there was great volatility. Inflation, deflation year after year. Huge recessions and recoveries. Not something anyone, except an idiot, would like. It did, however, concentrate wealth in a few people's hands. Made the very rich very rich. And the push toward libertarian economics, or if you prefer, Laissez Faire economics created some of the richest and monopoly oriented corporations and corporatists EVER, It was the build up to the great repression of 1929. The only thing worse than high inflation is deflation. Which is why no nation today is under the gold standard.
Your web site, also, is a laugh. I mean, really, using a source like 24HGold.COM proves you to be an idiot. You may want to try an impartial site some time, in order to have a chance at being taken seriously.
Did I say that a gold back currency was necessary? What I am saying is that a central bank that attaches interest to every note created from nothing is a perpetual debt machine...which it is. If you will notice that the "volatility" was created by agent provocateurs of the international bankers that intentionally caused bank panics by using their wealth to manipulate the market place. Monopolies like the ones the Morgans, Harrimans, Rockefellers, Carnegies and a few others set up were given "seed money by the House of Rothschild and working between each other, they made sweet deals that competitors were not given. If you have a pal that needs to ship oil and you own the railroad, you give him a sweetheart deal while charging full freight to his competitors. Same thing with Carnegie steel......pretty soon you are able to buy out your competitors because you can sell your product cheaper because your costs are cheaper...simple economics.
The game Monopoly is based on what happened during the late 1800's and early 1900's. JP Morgan is the caricature on the cards...the short, fat fuck with the mustache and top hat. The free market system was made a joke of by a POS Rothschild banker to try and bring USA.INC back under his control. I can't EVEN believe that you don't have the slightest clue on what caused the Great Depression because it mirrors what Amschel Rothschild did when he took over England's economy during the war between England and France in the early 1800's and his sons and grandsons knew the lesson. Do a little research about how his informant made it through the lines a full 24 hours before the others to let Amschel Rothschild know that Boneparte had been defeated....enlighten yourself. The Market Crash happened because a margin call was made that required everyone that had borrowed cheap money in order to get into the stock market as that was a stipulation of the loan. The run on the banks caused the market to crash and the banking oligarchs that had already pulled out of the market when it was at it's highest collected and then when it crashed, they swooped in and bought majority shares in corporations that they coveted for pennies on the dollar and unaffiliated banks where they guaranteed to pay half of the deposits that were lost in exchange for ownership....it was a huge swindle but not as big as the one 4 years later. That is all for your history lesson tonight...one last thing, the Fed Act of 1913 was put in place to prevent the very thing that they caused....a bank crash by contracting the money supply.
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