Quote Originally Posted by Gandalf View Post
That is outrageous, I read and follow my financial news daily and read excellent writers like Ha Joon Chang. I know my fundamentals and can interpret the year on year price of things which is inflation. If you lot knew your basics, the world wouldn't be in such a stew. I live in the world of common sense and not endless charts. You are so bothered by my common sense you have replied to the same person twice. Stop inflating your post count with replies to yourself......that is my forte! Inflation! The only deflation is in wages, oil and in banks hoarding printed money as they should be bankrupt. Everything else is INFLATION. Even fuel is inflation as the price is not being passed onto the consumer. Corporations are making more money! It is faux deflation for the consumer.

You were mocking me about my inability to forecast last years collapse too, but with QE it was very difficult. Are you feeling it a little more for this year? I hope prices do come down some, but not a load of unemployed people as the price worth paying. Bankers really have to go with their make it up as they go along nonsense. They should stick to common sense. And this is all at ZIRP!

I googled this name and this is the first thing that comes up :

Why did Britain’s political class buy into the Tories’ economic fairytale? | Ha-Joon Chang | Comment is free | The Guardian

This guy is a conventional economist. He knows what he's talking about.

How the fuck did he get through the force field? You'll note in that article he quotes GDP figures and inflation numbers and doesn't question their accuracy. In fact those numbers are the basis for the arguments he's making in the article.

So how the fuck does this square with you and your nutty ideas about bullshit statistics? Hmmm?