Your arguments suck shit, good thing you weren't a lawyer. You would lose every case. Work on syllogistic reasoning. FAST. Your major, minor premises are not sound and your conclusions suck penis. As does your mouth.The validity of an agument, little boy, (and I use that term loosely) does not depend on whether or not one has invented the argument onesself. You are a pathetic little fuck. Say your name? OK, I will: Pathetic little fuck. There, I said it.
Now go blow your father, as usual.
The Brockton Vs. Kirk rivalry has to be one of the most entertaining exchanges we've had on Saddos in a long time. Keep it up gents. Great stuff.
Most bad government has grown out of too much government. Thomas Jefferson
If my arguments are so pathetic how come the only way you can reply to them is to cut and paste something from a nutjob website? You with your International Finance Masters degree and everything.
Try and explain why I'm wrong using your own actual thoughts.
You don't know what you're up against. I have a PhD in International Bedwetting from Mouseketeer University.
I just keep seeing a shill's name and it says "Remove from Ignore List" or some shit, and then there's a picture of a barbecue, wtf?
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1. Because it is a common trend when economies get desperate. They print more cash.
2. I would imagine because the money went to organisations that recieved the money directly and didn't pass any on to main street. When most of that money is going to banks who invest overseas and invest nothing at home I can see how home inflation would be marginal. Globalisation is a trick.
You originally said It is commonsense to assume that rampant money printing will have eventual consequences. Heck, even the Nazi's decided to try and flood Britain with fake pounds as a weapon of war against the British. It is a common monetarist observation to assume as much and numerous examples inform such an observation. .
OK Mr. Monetarist, what monetary policy do central banks use to affect their economies? What's their main lever for stimulating or contracting the economy?
Last edited by VictorCharlie; 07-18-2013 at 08:12 PM.
Most bad government has grown out of too much government. Thomas Jefferson
Printing Money Causes Inflation? | Beyond Highbrow - Robert Lindsay
Thats covers a few different angles.
I think theres a mix up here in this thread, between recent printing of money to spend on old loans etc; and the old law of thumb that you could only print money if you had the same in reserve in gold etc.
As to the 32 trillion figure mentioned a few page ago: I think Brock is thinking about the Us governments gift to the bank bail out a few years back, that they just went and lost somewhere.
Personally I dont pretend to know much about this money market stuff, I had to go look up the meaning of a few terms you guys used just to get a small handle on it for my own general level of understanding.
@Kirkland Laing I have a question mate. With China keeping their currency value down which helps them as leaders in exports and booming on their home front:
That sort of kills our own growth at home and makes us rely on their future produce.
It seems to me China will eventually be set up as self sufficient and we will be left lacking crops and industry that fell to their cheaper exports etc.
Other than (the man in the streets)refusing to buy imports; is there another way (through the money markets) to stem the inevitable?
I worry about this on a ground level, watching our 50 year old fruit tree farms being cut down and made into housing land or for beef cattle because we cant compete with Chinese imports and our local car industries closing down and going overseas for cheaper labour are just a couple.
It seems like the whole thing is going to head further into the way of a global farm and industry designated to countries that suit each better.
Locally that sort of spells out a grim future when you think about it.
Last edited by Andre; 07-19-2013 at 01:19 AM.
Miles, hit Ignore List. ............. trust me.![]()
That guy actually knows what he's talking about although he could use an editor. In that post at least.
No mate, let the system continue as it is and it's like a slow-motion arse rape for wealthy economies. If you have two huge islands full of people A and B, and the A people have a high standard of living/wages and B are dollar a day people. Both island practice capitalism and free trade and have competing sets of capitalists running their islands. In that siutaion the B capitalists eventually own even the ground the people in A walk on and the A people are perpetually in debt to them.
In the current real time situation a bunch of global capitalists make everything in dollar-a-day land and gradually hollow out wealthy economies. Wealthy economy standard of living falls to meet upcoming dollar-a-day living standards and then everything should go up roughly the same, but it's a fucking horrible situation for our/next few generations in wealthy countries.
Miles, try googling central bank open market operations and go from there.
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