Are you worried about inflation? (Corporate Profits, drug, health care, radical)

[Old Gringo]

Moderate inflation is preferable to deflation.

[BigJon3475]

Originally Posted by Old Gringo

Moderate inflation is preferable to deflation.

In the 70's it took ten years to double the money supply.

The money supply doubled in only 3 years from 2008 to 2011.

Does that sound moderate to you?

[EinsteinsGhost]

Originally Posted by BigJon3475

The money supply doubled in only 3 years from 2008 to 2011.

Does that sound moderate to you?

Next, you're going to claim those as "good times" for the nation.

[BigJon3475]

Originally Posted by EinsteinsGhost

Next, you're going to claim those as "good times" for the nation.

No, the good times are when the inflation actually comes to fruition. You know, when the money supply naturally increases through things like loans.

Did you have something worthwhile to add or just a femalesque type of rebuttal?

[EinsteinsGhost]

Originally Posted by BigJon3475

No, the good times are when the inflation actually comes to fruition. You know, when the money supply naturally increases through things like loans.

Did you have something worthwhile to add or just a femalesque type of rebuttal?

Well, as long as I address your posts, don't expect anything "worthwhile"... as, it appears, even you are well aware of the idiocy you spew.

I didn't think you were making 70s sound like good times, but you compared it to 2008-11, so I assumed that was it. Why not just be more upfront and accept which of the two periods was better?

[slackjaw]

[BigJon3475]

http://research.stlouisfed.org/fred2...ax_630_378.png

[BigJon3475]

[MTAtech]

Originally Posted by clb10

You place supreme value on economists with terminal degrees from only the most esteemed universities. I know in the world of the "nose-in-the-air elite left" people who don't have tenure at Harvard should never criticize the decisions of people like Rubin, Greenspan and Paulson but these extraordinary brains (not to mention the Long Term Capital SuperGeniusesâ„¢) led us cretins by the nose to the edge of global economic collapse.

You really don't know what you are talking about, do you?

Paul Krugman: The Exceptional Mr. Greenspan

Alan Greenspan continues his efforts to cement his reputation as the worst ex-Fed chairman in history;
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[BigJon3475]

Slackjaw - What's got the cat's tongue?