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Topic: Inflation explained
Fransisco
posted Jun 10, 2012 0:13
Click here.
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errolanderson
posted Jun 10, 2012 0:41
Isn't this why there is no QE3?
Printing more money is ineffective. The
only way out is credit deleveraging
BIGTIME, which is now in-progress . . .
and the pain that goes with it.
Errol
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cottonpicken
posted Jun 10, 2012 10:27
Your right errol,but you have to realize we are to far
past being able to do that.
The social fabric would come completely unglued as
everything became bankrupt and the living standards
where cut in half.
One simple standard of living is meat.
Imagine 90% of the popular never being able to afford
meat.
And don't pay attention to what he says,watch what
he does.
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cottonpicken
posted Jun 10, 2012 10:52
This popped up at zero hedge,i love it.
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/06/Pavlovian%20Markets.jpg
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Fransisco
posted Jun 10, 2012 14:55
While in the long run we're worse off when they go overboard with the printing press the short term illusion is that it makes things better. Which is why they do it, and why they will keep on doing it.
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cottonpicken
posted Jun 10, 2012 19:02
God bless it,5 figures tp the up to those the see it.
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