Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 03-19-2023, 08:14 AM
 
30,894 posts, read 36,937,375 times
Reputation: 34516

Advertisements

Quote:
Originally Posted by EDS_ View Post
1. No maybe to it.

2. How does increased government debt and increased money supply overwhelm consumer and business debt?

There is no broad lack of liquidity ergo the .gov's borrowing isn't crowding out those in the private sector.

Interest on federal debt as a percentage of GDP is way down vs. the span from '85-'95.

Everyone here knows The Fed. creates money by keystroke.

Your info. may have been easy to find. I don't believe in it means what you think it means.
OK, if you think endless government debt and money printing are no problem, go right ahead believing that. Nothing I say is going to change your mind.
Reply With Quote Quick reply to this message

 
Old 03-19-2023, 08:27 AM
 
7,738 posts, read 3,778,838 times
Reputation: 14610
Quote:
Originally Posted by StealthRabbit View Post
USA actually 'rocketed' out of 2008 economic crisis, about as fast as we had collapsed.
The recovery from the 2008 recession was much slower than from other recessions.
Reply With Quote Quick reply to this message
 
Old 03-19-2023, 09:50 AM
 
21,909 posts, read 9,483,127 times
Reputation: 19438
Quote:
Originally Posted by mysticaltyger View Post
My balance sheet certainly has gone up substantially since 2008.

I still think the economic growth we've had is all or mostly a hoax.

Sure, the GDP grew, mostly because of debt and money printing, which is not sustainable in the long run. No one knows where the tipping point will be until after it is reached.
Your balance sheet may have gone up but your purchasing power has taken a hit in the last two years.
Reply With Quote Quick reply to this message
 
Old 03-19-2023, 10:04 AM
 
30,894 posts, read 36,937,375 times
Reputation: 34516
Quote:
Originally Posted by Grlzrl View Post
Your balance sheet may have gone up but your purchasing power has taken a hit in the last two years.
Yes, it has.

But tracking back to 2008, I certainly have more in inflation adjusted terms than I did then, and that was the time period I was referring to in my previous response to mathjak.
Reply With Quote Quick reply to this message
 
Old 03-19-2023, 10:59 AM
 
1,230 posts, read 988,568 times
Reputation: 376
Quote:
Originally Posted by moguldreamer View Post
The recovery from the 2008 recession was much slower than from other recessions.
You are forgetting massive consumer debt.
Reply With Quote Quick reply to this message
 
Old 03-19-2023, 11:13 AM
 
846 posts, read 680,865 times
Reputation: 2271
There was a lot of economic growth from 2010-2019. It just mostly went to the top 1% instead of the middle-class.
Reply With Quote Quick reply to this message
 
Old 03-19-2023, 12:54 PM
 
7,738 posts, read 3,778,838 times
Reputation: 14610
Quote:
Originally Posted by Bubble99 View Post
You are forgetting massive consumer debt.
Incorrect. I'm not forgetting anything whatsoever. You're forgetting the price of tea in China.
Reply With Quote Quick reply to this message
 
Old 03-19-2023, 12:55 PM
 
7,738 posts, read 3,778,838 times
Reputation: 14610
Quote:
Originally Posted by lair8 View Post
There was a lot of economic growth from 2010-2019. It just mostly went to the top 1% instead of the middle-class.
Incorrect.

Reply With Quote Quick reply to this message
 
Old 03-19-2023, 01:01 PM
 
19,767 posts, read 18,055,300 times
Reputation: 17252
Quote:
Originally Posted by mysticaltyger View Post
OK, if you think endless government debt and money printing are no problem, go right ahead believing that. Nothing I say is going to change your mind.
Endless government spending would be MMT......we don't have that.
Reply With Quote Quick reply to this message
 
Old 03-19-2023, 01:04 PM
 
19,767 posts, read 18,055,300 times
Reputation: 17252
Quote:
Originally Posted by Bubble99 View Post
You are forgetting massive consumer debt.
Massive again.

Household debt v. GDP

https://www.statista.com/statistics/...united-states/
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics

All times are GMT -6. The time now is 11:51 AM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top