Should Trump Jump Up?

[SleepyMcgee]

That didn't come?

Hyperinflation?

You tell me...How much is a gallon of gas today? How much was it 8 years ago? How much is bread? How much was it 8 years ago?

Enlighten us...Please.

[Goofproof]

That didn't come?

Hyperinflation?

You tell me...How much is a gallon of gas today? How much was it 8 years ago? How much is bread? How much was it 8 years ago?

Enlighten us...Please.

Try buying INS, durable goods, Water Heater, Fridge, WAshing MAchine, NEW Truck, Funerals, the list goes on to infinity. sure it doesn't apply to everything all the time.

Check your CD's rates, Savings interest, Buld or buy a house, join our world. Jim

[SleepyMcgee]

That didn't come?

Hyperinflation?

You tell me...How much is a gallon of gas today? How much was it 8 years ago? How much is bread? How much was it 8 years ago?

Enlighten us...Please.

Try buying INS, durable goods, Water Heater, Fridge, WAshing MAchine, NEW Truck, Funerals, the list goes on to infinity. sure it doesn't apply to everything all the time.

Check your CD's rates, Savings interest, Buld or buy a house, join our world. Jim

My houses have increased over 10% in value the last 5 years. Portfolio hasn't made double digits but its holding its own. My new vehicle was pricey but, in real dollars not any more than my last vehicle.

Gas, food, clothing have barely budged in the last 10...

Where is the hyper inflation...Be specific, maybe you have sources?

Or is this where you huff off and say 'young whippersnappers' just dont understand....?

[Lucyhere]

My houses have increased over 10% in value the last 5 years.

We bought our house in 2008 for $425,000. We could sell it today for $625,000. Others in my area sold houses exactly like ours for that and more.

[Goofproof]

I bought NEW 2009 GMC Pickup truck in 2010, for 29,000, to replace it with a like truck now, is 39,000 Obama Dollars. Eating out, $6 Hamburgers, it may not be Steak just priced like it. You have to take out a home load to go to Mc Dee's.

Your House you were talking about, say it cost you $ 100,000, and it has went up another 10% in vaule, making it worth now $ 110,000. Not bad compared to the poor interest rates, until you factor in the real inflation rate, brought on by the printing of worthless money, basically going off the Gold System, let the Dog's Out! Wealth is based on nothing but duriable goods, food and other thing we need to surive, making it hard to measure and subject to change.

The real worth of that $ 110,000 investment in your house, due to the national debt doubling in 8 years is $ 55,000.

Another thing to realize, wages, cost of living goes up, we need a raise to keep or life style at the same level, we get that raise. who benefits, us if we can stay even, most people can't. How about the Government, we make more $$$ we pay more taxes, who got the raise. What about the people who worked all their lives and paid into the government Social Security Tax, where's their raise, lets just cook the books, and tell the Sheeples Inflation is under Control. (It is it's under Government Control) Old people can eat the cat food.... Jim

[SleepyMcgee]

I bought NEW 2009 GMC Pickup truck in 2010, for 29,000, to replace it with a like truck now, is 39,000 Obama Dollars. Eating out, $6 Hamburgers, it may not be Steak just priced like it. You have to take out a home load to go to Mc Dee's.

Your House you were talking about, say it cost you $ 100,000, and it has went up another 10% in vaule, making it worth now $ 110,000. Not bad compared to the poor interest rates, until you factor in the real inflation rate, brought on by the printing of worthless money, basically going off the Gold System, let the Dog's Out! Wealth is based on nothing but duriable goods, food and other thing we need to surive, making it hard to measure and subject to change.

The real worth of that $ 110,000 investment in your house, due to the national debt doubling in 8 years is $ 55,000.

The price of a mcdonald's hamburger hasn't changed its price in 8 years. Inflation adjusted car prices indicated that a vehicle today is virtually unchanged from almost 20 years ago* (see below)

The purchasing power of my dollar is also virtually unchanged from 10 years ago. Meaning, I can buy as many hamburgers, cars, houses and shirts with my $1 as I could 10 years ago. Thats how the concept of purchasing power works.

You keep noting all of the reasons preppers believe will eventually contribute to hyper inflation but haven't provided any evidence that hyperinflation is or has happened. Hyperinflation, so that we are speaking about the same thing, would be indicated by MASSIVE increases in prices (gas, food, clothing) of 20, 50, 100% etc over an incredibly short period of time.

Prices of new vehicles has DECLINED in comparison to other goods in the CPI Basket (which include lots of items with varying elasticity levels)

[hobbs]

"but a better one, buy Brass, Lead and Gunpowder, those are the things we'll need"

Yeah that will keep the bad guberment away!

https://www.youtube.com/watch?v=lSOG9GHVV0c

[Goofproof]

Wish I lived in your world, well, not really! I'm going to halve to concede to you, I don't have the energy to change your view. Enjoy your view of this new world order. Jim

Things won't change for me until they declare Martial Law, and come with Guns Blazing to remove me from my home, I won't be making the trip to the internment camp, say Hi to our friends for me. If we have any.

[SleepyMcgee]

Wish I lived in your world, well, not really! I'm going to halve to concede to you, I don't have the energy to change your view. Enjoy your view of this new world order. Jim

Things won't change for me until they declare Martial Law, and come with Guns Blazing to remove me from my home, I won't be making the trip to the internment camp, say Hi to our friends for me. If we have any.

Translation: I am not going to let reality cloud my entrenched baseless paranoia. [btw, who is 'they'?]

(I'll be here if you want to source ANYTHING. ANYTHING AT ALL that would support your belief that hyperinflation has taken place)

In the meantime, if you want to read about every documented case of Hyperinflation in history, this is an interesting read. https://object.cato.org/sites/cato.org/ ... aper-8.pdf

[Gasper62]

I bought NEW 2009 GMC Pickup truck in 2010, for 29,000, to replace it with a like truck now, is 39,000 Obama Dollars. Eating out, $6 Hamburgers, it may not be Steak just priced like it. You have to take out a home load to go to Mc Dee's.

Your House you were talking about, say it cost you $ 100,000, and it has went up another 10% in vaule, making it worth now $ 110,000. Not bad compared to the poor interest rates, until you factor in the real inflation rate, brought on by the printing of worthless money, basically going off the Gold System, let the Dog's Out! Wealth is based on nothing but duriable goods, food and other thing we need to surive, making it hard to measure and subject to change.

The real worth of that $ 110,000 investment in your house, due to the national debt doubling in 8 years is $ 55,000.

The price of a mcdonald's hamburger hasn't changed its price in 8 years. Inflation adjusted car prices indicated that a vehicle today is virtually unchanged from almost 20 years ago* (see below)

The purchasing power of my dollar is also virtually unchanged from 10 years ago. Meaning, I can buy as many hamburgers, cars, houses and shirts with my $1 as I could 10 years ago. Thats how the concept of purchasing power works.

You keep noting all of the reasons preppers believe will eventually contribute to hyper inflation but haven't provided any evidence that hyperinflation is or has happened. Hyperinflation, so that we are speaking about the same thing, would be indicated by MASSIVE increases in prices (gas, food, clothing) of 20, 50, 100% etc over an incredibly short period of time.

Prices of new vehicles has DECLINED in comparison to other goods in the CPI Basket (which include lots of items with varying elasticity levels)

You may as well save yer breath ( and typing fingers) trying to convince Goofyproofy that everything bad in the world is not directly attributable to the Democrats, or, his propensity to gloss over the huge turd that Geo. W & Dick floated in America's punchbowl during their reign. It just falls on deaf (and dumb) ears.

[SleepyMcgee]

I bought NEW 2009 GMC Pickup truck in 2010, for 29,000, to replace it with a like truck now, is 39,000 Obama Dollars. Eating out, $6 Hamburgers, it may not be Steak just priced like it. You have to take out a home load to go to Mc Dee's.

Your House you were talking about, say it cost you $ 100,000, and it has went up another 10% in vaule, making it worth now $ 110,000. Not bad compared to the poor interest rates, until you factor in the real inflation rate, brought on by the printing of worthless money, basically going off the Gold System, let the Dog's Out! Wealth is based on nothing but duriable goods, food and other thing we need to surive, making it hard to measure and subject to change.

The real worth of that $ 110,000 investment in your house, due to the national debt doubling in 8 years is $ 55,000.

The price of a mcdonald's hamburger hasn't changed its price in 8 years. Inflation adjusted car prices indicated that a vehicle today is virtually unchanged from almost 20 years ago* (see below)

The purchasing power of my dollar is also virtually unchanged from 10 years ago. Meaning, I can buy as many hamburgers, cars, houses and shirts with my $1 as I could 10 years ago. Thats how the concept of purchasing power works.

You keep noting all of the reasons preppers believe will eventually contribute to hyper inflation but haven't provided any evidence that hyperinflation is or has happened. Hyperinflation, so that we are speaking about the same thing, would be indicated by MASSIVE increases in prices (gas, food, clothing) of 20, 50, 100% etc over an incredibly short period of time.

Prices of new vehicles has DECLINED in comparison to other goods in the CPI Basket (which include lots of items with varying elasticity levels)

You may as well save yer breath ( and typing fingers) trying to convince Goofyproofy that everything bad in the world is not directly attributable to the Democrats, or, his propensity to gloss over the huge turd that Geo. W & Dick floated in America's punchbowl during their reign. It just falls on deaf (and dumb) ears.

I guess. I wasn't being political. I was just curious how it was possible he believed there has been hyperinflation when the prices of most items have stayed stagnant for a decade (which, btw, isn't necessarily a good thing).




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[Gasper62]

Copious consumption of crackpot Koolaid, I imagine.........

[PEF]

Sleepymagee thinks that he knows something about hyperinflation and deflation, he does not.

Inflation and deflation are opposite aspects of the same problem: too much money/credit creation by the monetary authorities. Only in this case, this unstable business cycle was not created by the Federal Reserve. It was created, beginning around 1950, by the offshore US dollar (or Eurodollar system), sometimes called "shadow banking" or "US dollar short". The Europeans are the obvious culprits, later embraced by the Asians and US banks themselves, once Bill Clinton repealed the Glass-Segal Act, which protected American citizens savings from the predation of greedy Wall Street Banks. Now, these TBTF banks are free to gamble with all our money and lose it all.

A good working definition is: During the Deflationary cycle, the excess money/credit flows toward the Bond Markets (financial markets) and bids up prices there. This is the cycle we are in now during which a raging bond bull market has ensued. This bond bull market began in 1980 and is still going on today. So the inflation caused by the excess supply of money and credit goes into financial assets (which are nothing but paper claims on the future supply of goods and services that exist in the REAL economy). This money/credit does not make it into the economy at all to increase the production of goods and services. All of the excess bank reserves created by the Fed, when the Fed bought Bonds during QE, ended up unavailable to the real economy. That is why the economy is suffering. Who wants to take risks by building factories and producing things when they can get free capital gains by speculation in the bond market with free money from the Fed? This is the reason we have not seen hyperinflation. We are coming upon the hard down deflationary crash (Mises called it the crack-up boom). This happens when enough people realize that their financial assets (stocks, bonds, pension funds, any monetary promises made by the Government) are not worth the paper they were written on. Wait until the panic then.

During the inflationary cycle (the last one started around 1950 and ended around 1980), the excess money and credit flows toward the commodity markets and bids up prices there. Remember 1980 when we saw the blowoff in the price of Gold?

The entire inflation/deflation cycle is caused by an imbalance in the amount of goods/services available in the REAL economy and the amount of money/credit chasing them. But it is not a linear relationship, but much more complex. The hyperinflation folks are wrong because they do not see the inflation in financial (bond) markets and deflation in the REAL economy. It is not true that all alternative media folks are advocates of hyperinflation. Those who really understand the business cycle know that we are still in the deflationary part of the cycle. Hyperinflation will come later and will probably be caused by the central banks themselves. The Depression in front of us (already here, by the way,) will look more like the 1930's than the 1970's.

The stupid Fed thinks they can get us back to 1970 or 1995, Not going to happen.

[SleepyMcgee]

Sleepymagee thinks that he knows something about hyperinflation and deflation, he does not.

Inflation and deflation are opposite aspects of the same problem: too much money/credit creation by the monetary authorities. Only in this case, this unstable business cycle was not created by the Federal Reserve. It was created, beginning around 1950, by the offshore US dollar (or Eurodollar system), sometimes called "shadow banking" or "US dollar short". The Europeans are the obvious culprits, later embraced by the Asians and US banks themselves, once Bill Clinton repealed the Glass-Segal Act, which protected American citizens savings from the predation of greedy Wall Street Banks. Now, these TBTF banks are free to gamble with all our money and lose it all.

A good working definition is: During the Deflationary cycle, the excess money/credit flows toward the Bond Markets (financial markets) and bids up prices there. This is the cycle we are in now during which a raging bond bull market has ensued. This bond bull market began in 1980 and is still going on today. So the inflation caused by the excess supply of money and credit goes into financial assets (which are nothing but paper claims on the future supply of goods and services that exist in the REAL economy). This money/credit does not make it into the economy at all to increase the production of goods and services. All of the excess bank reserves created by the Fed, when the Fed bought Bonds during QE, ended up unavailable to the real economy. That is why the economy is suffering. Who wants to take risks by building factories and producing things when they can get free capital gains by speculation in the bond market with free money from the Fed? This is the reason we have not seen hyperinflation. We are coming upon the hard down deflationary crash (Mises called it the crack-up boom). This happens when enough people realize that their financial assets (stocks, bonds, pension funds, any monetary promises made by the Government) are not worth the paper they were written on. Wait until the panic then.

During the inflationary cycle (the last one started around 1950 and ended around 1980), the excess money and credit flows toward the commodity markets and bids up prices there. Remember 1980 when we saw the blowoff in the price of Gold?

The entire inflation/deflation cycle is caused by an imbalance in the amount of goods/services available in the REAL economy and the amount of money/credit chasing them. But it is not a linear relationship, but much more complex. The hyperinflation folks are wrong because they do not see the inflation in financial (bond) markets and deflation in the REAL economy. It is not true that all alternative media folks are advocates of hyperinflation. Those who really understand the business cycle know that we are still in the deflationary part of the cycle. Hyperinflation will come later and will probably be caused by the central banks themselves. The Depression in front of us (already here, by the way,) will look more like the 1930's than the 1970's.

The stupid Fed thinks they can get us back to 1970 or 1995, Not going to happen.

Translation: no material deflation or hyperinflation has happened. If they had, I could give concrete examples. Instead, I'll cobble together half baked hypothesis from 'alternative' online sources about why it could happen (btw, they've been regurgitating the same stuff for decades).

You may want to reconsider your sources. Bond yields are at historical lows. Which completely breaks the crux of your...ahem...analysis.

BTW, saying that you believe we are in a 1930's type depression right now is insulting to those who actually went through a depression.

Remember, we are all entitled to our own opinions but not our own facts.

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[Sheriff Buford]

I just read the headlines that Trump said, "They should just cancel the election and give the (presidency) to me." It's all over folks... stop the bickering.

Sheriff