EnviroLink Forum

The same could be said of you in the inverse of someone on the Internets telling you everything is going to crash .... eventually .... really it is

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With friends like Guido, you will not have enemies for long.

“Intellect is invisible to the man who has none”
Arthur Schopenhauer

"The difference between genius and stupidity is that genius has its limits."
Albert Einstein

1 in 2 Americans are now either Impoverished or very close to the poverty line; you call that "stabilisation?" And in my opinion, the only reason it need stabilization was because of interference in the first place. That and I feel that our excessive purchasing of Chinese goods is dumping us in the toilet.

Yeah, but this is hilarious! "Bullshit Mountain". "Romney jazz"
People actually believe they are entitled to food! A roof! Medicine! ..... No way. How dare they?

http://www.youtube.com/watch?v=km4BfW2836Y

This is Wayne's idea of stabilization.....



Food stamp participation is at an all time high. And the following graph showing the labor force participation rate is a more accurate statistic on unemployment. The unemployment rate that the Gov't uses does NOT count people who have given up looking for work or people who have rolled off unemployment benefits. It also discounts people who are working two, three, or more part time jobs. This is way more telling.....

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I can have oodles of charm....... when I want to.

Considering what the depression would have looked like, yes, that would be stabilization.



The Federal Reserve caused the recession? How?

_________________
With friends like Guido, you will not have enemies for long.

“Intellect is invisible to the man who has none”
Arthur Schopenhauer

"The difference between genius and stupidity is that genius has its limits."
Albert Einstein

Yes, now compare those figures to the depression levels we could have hit without the stabilization. Momentum is hard to overcome and cannot be done quickly without massive resources and the ability to use them effectively.

_________________
With friends like Guido, you will not have enemies for long.

“Intellect is invisible to the man who has none”
Arthur Schopenhauer

"The difference between genius and stupidity is that genius has its limits."
Albert Einstein

Some could argue that infusing money into the banks will only make the landing harder. Why should the banks get bailed out when they are the ones that created the majority of the financial problems to begin with by bundling mortgages they KNEW were bad into securities and sold them to unsuspecting mutual funds and pension funds? Hell, they even bundled up the same mortgages into multiple MBS's!

Why are interests rates being artificially low? Because allowing interest rates to go unchecked would make the government debt impossible to service. Never mind that in the process you screw savers and elderly retirees trying to live off any savings they have.

Sorry, but the too big to fail banks should be allowed to fail.

Yeah, the FED is doing a bang up job......protecting their own.

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I can have oodles of charm....... when I want to.

Some could argue anything, but the fact was there was a wall that was going to be hit and hit hard if there was not some increase in credit available. That was part of the reason the Great Depression lasted as long in the US.



How do you decide when and how the rates are "artificially low"? Is there a leap that overwhelms the available credit? I am not seeing it so if you can point me to it I would like to.



That is the Great Depression approach. It worked so well then I can see how you would want to try it again. So much for those savers and elderly retirees since they will not be getting any return if there is no lending to generate it.



And the economy that relies on credit to function.

_________________
With friends like Guido, you will not have enemies for long.

“Intellect is invisible to the man who has none”
Arthur Schopenhauer

"The difference between genius and stupidity is that genius has its limits."
Albert Einstein

The economy does rely on credit to function... Student loans to get through college because the colleges have turned into a megabusiness, credit cards so people can go deep into debt buying things they can't actually afford, and bank loans for all sorts of thing from cars to land. Sometimes, of course, that can boost you. Business loans can do great things if used right. But if used wrong, or if you get addicted to credit, your business model is flawed.
Inflation causes higher prices. But people's income does not go up significantly enough to make up for it, resulting in the average Joe ultimately having less money. Hence, the ability to print money at will is counterfeiting legalized, and is a form of taxation.
Our government has shown it's ineptness many, many times, yet we trust them to be able to just print money off the charts will-nilly? That is illogical. That much power corrupts anyone.

Yes, that whole ~3.5% average inflation rate is a "killer"

_________________
With friends like Guido, you will not have enemies for long.

“Intellect is invisible to the man who has none”
Arthur Schopenhauer

"The difference between genius and stupidity is that genius has its limits."
Albert Einstein

You may not think it is. But what about someone on minimum wage? 3.5% makes a BIG difference to them. And just look at the fact that a dollar USED to buy you a lot, heck, a penny could even get you something. Now a penny is essentially worthless, most people don't even bother to pick one off the sidewalk.

It does not hurt them as much as being without a job, which is what happens during recessions and more so during depressions.

_________________
With friends like Guido, you will not have enemies for long.

“Intellect is invisible to the man who has none”
Arthur Schopenhauer

"The difference between genius and stupidity is that genius has its limits."
Albert Einstein

How exactly do you prevent inflation in an economy that relies heavily on fossil fuels for production transportation of nearly everything and those fossil fuels become harder and more expensive to harvest? Of course, you can blame whatever you wish, but the fact is there will be inflation when necessities have a higher demand than supply.

_________________
With friends like Guido, you will not have enemies for long.

“Intellect is invisible to the man who has none”
Arthur Schopenhauer

"The difference between genius and stupidity is that genius has its limits."
Albert Einstein

Only if you want there to be supply. If you let the free market take care of itself, oil prices would go up, people would consume less, and other prices would (somewhat) stay the same. Unless gas prices went too high, in which case, out the window with that as well.
But if what you say is true, then inflation should just be able to pick up the tail end of things. But gas prices are still going up. Inflation is a tax, plain and simple. It is also a very deceitful tax. A tax that cannot be seen by the majority populous is both very effective and very unfair. If everyone knew that the Fed can create money for the government out of thin air, and that the government relies very heavily upon this practice, it would create a revolution.
Let's just look at GM. Too much borrowing, too much spending, bad management, etc, got them bailed out. And now, governmental intervention on the part of Obama and the Chevy Volt (which by the way is a complete joke), and other things which I haven't researched very well, are causing GM to go under again. Ultimately this is the government's fault, as they are the biggest shareholder of GM. And honestly, who buys chevy? They only last for 150k miles and are junk! GMC gas guzzlers are much better. The Cadillac line is also very lovely and immortal (hopefully). But off track.
How about the postal service? The government raided it too much and now they have too cut back "because they aren't making enough money." When what is actually true is that they took too much money from the USPS for it to function.
Time after time, inflation fails to serve our best interests and our habit of borrowing and not paying back, combined with other factors including excessive laziness/welfare, corrupted corporate politics and economic strife, will ultimately result in the demise of our nation.

If you ignore that whole transportation issue that is included in the cost and thus the sale price if there is to be a profit. Of course, in a theoretical true free market the price is always as high as can be made so the only impact would be the lowering of profit.



How high is too high?



Not in a "free market" where the prices go as high as that market will sustain. Any increase in wages should be met by an increase in cost of products and services. Thus, either no increase in wages and the any rising cost of essentials is absorbed or there is a general inflation.



That is inaccurate pure and simple. Calling a dog a cat does not make it so.



No, it is deceitful to call everything a "tax" just because you dislike it.



Probably because they understan what a tax really is and inflation does not come close to meeting that crtiteria.



A lot of misinformation, but the lack of research does show.



The Nixon Administration set it up as a quasi-business and then retained control over the main guidelines. Thus, even though they can show a profit they are required to pre-pay benefits, unlike any other "business" and are restricted as to what areas may be streamlined by Congress.

_________________
With friends like Guido, you will not have enemies for long.

“Intellect is invisible to the man who has none”
Arthur Schopenhauer

"The difference between genius and stupidity is that genius has its limits."
Albert Einstein