New York Times article is the most outrageous heap of bullshit I've read in a week: "In Fed and Out, Many Now Think Inflation Helps"

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New York Times article is the most outrageous heap of bullshit I've read in a week: "In Fed and Out, Many Now Think Inflation Helps"
Piscesian Misesian Offer Upgrade User ID: 47273799 United States 10/27/2013 03:34 PM Report Abusive Post Report Copyright Violation	New York Times article is the most outrageous heap of bullshit I've read in a week: "In Fed and Out, Many Now Think Inflation Helps" "The Fed has worked for decades to suppress inflation, but economists, including Janet Yellen, President Obama’s nominee to lead the Fed starting next year, have long argued that a little inflation is particularly valuable when the economy is weak. Rising prices help companies increase profits; rising wages help borrowers repay debts. Inflation also encourages people and businesses to borrow money and spend it more quickly." Worked for decades to suppress inflation. I see. [link to www.nytimes.com] Another propaganda gem from the New York Times. The person writing this drivel cannot possibly believe what he espouses. Pursue Truth. This hard, tangible thing we call reality: the chair you sit upon, the computer, your beverage, cigarette, the air around you, is composed of 99.99999...% Space. Contrary to popular belief, energy-mass does not define the Space, but rather is defined -by- the Space. The all-permeating Space is a vibrating, infinitely dense medium of geometric discretion; a cube octahedral vector equillibrium. This is the One existence, and the only thing that exists, simultaneously. There is nothing else. We do not live in a "big bang" universe. We do not live in a "created" reality. Our reality is a perpetually -creating- model, and It is aware. Space is aware. I AM aware. "God", some call it.

Anonymous Coward User ID: 49009795 United States 10/27/2013 03:36 PM Report Abusive Post Report Copyright Violation	Re: New York Times article is the most outrageous heap of bullshit I've read in a week: "In Fed and Out, Many Now Think Inflation Helps" 9-11 hijackers torpedoed the wrong building.
Sikhed User ID: 47626355 United States 10/27/2013 06:27 PM Report Abusive Post Report Copyright Violation	Re: New York Times article is the most outrageous heap of bullshit I've read in a week: "In Fed and Out, Many Now Think Inflation Helps" Haven't we spent the last 30 years trying to undo what Carter gave us? (18% inflation) Don't think anything the Fed does will matter though. Soon enough the USD will lose it's status as the petrodollar and world reserve currency. Then all that money will all come back home. It'll be hyperinflation, not just inflation. :doom360:
Anonymous Coward User ID: 47706064 United States 10/27/2013 06:47 PM Report Abusive Post Report Copyright Violation	Re: New York Times article is the most outrageous heap of bullshit I've read in a week: "In Fed and Out, Many Now Think Inflation Helps" They know it is coming so they are just trying to prepare everyone. I already noticed it in the grocery store just yesterday. There is a certain drink that my son likes and they are always on sale for 99 cents each. Regular prices is 1.19. Well yesterday they were "ON SALE" for 2/$3.00. So they went up to $1.50 just like THAT! Noticed it with some other items, too. But that one really got me because I have been buying it regularly for months.
Failure To Communicate User ID: 11009257 United States 10/27/2013 07:30 PM Report Abusive Post Report Copyright Violation	Re: New York Times article is the most outrageous heap of bullshit I've read in a week: "In Fed and Out, Many Now Think Inflation Helps" Didn't see this thread. The all-items inflation rate represents everything people spend money on: haircuts, plane tickets, medical care, clothes -- you name it. But, that number is puffed up by the pesky necessities -- food and energy. So those two categories are discarded when calculating the core inflation rate. So,they have been using some BS new math that has been modified over the past few decades. Just a couple of examples. 6 years ago average price of 2 liter soda(coke or Pepsi)not on sale was $1.09. today it is about $2.19 to $2.29. Store brand bread was .80 and now it is $1.69. Then there is the price of fuel that I don't even want to get into. See where this is going? WTF would serious inflation do?
Anonymous Coward User ID: 49008104 United States 10/27/2013 07:46 PM Report Abusive Post Report Copyright Violation	Re: New York Times article is the most outrageous heap of bullshit I've read in a week: "In Fed and Out, Many Now Think Inflation Helps" [link to seattletimes.com] LOL, this was also in the Seattle times, talk about the bankster's Ministry of Truth.
Anonymous Coward User ID: 49008104 United States 10/27/2013 07:51 PM Report Abusive Post Report Copyright Violation	Re: New York Times article is the most outrageous heap of bullshit I've read in a week: "In Fed and Out, Many Now Think Inflation Helps" Soon enough the USD will lose it's status as the petrodollar and world reserve currency. Quoting: Sikhed I can't even believe how zombified everyone is that this is not obvious to the entire population. with saudis wanting to cut ties, that means bye bye petro$$$
Anonymous Coward User ID: 49010712 United States 10/27/2013 07:56 PM Report Abusive Post Report Copyright Violation	Re: New York Times article is the most outrageous heap of bullshit I've read in a week: "In Fed and Out, Many Now Think Inflation Helps" Name One Year In History Withiut Inflation Or Government Whore Mouthpieces. This Is So Boringly Repetitive Its Unbelievable.
Anonymous Coward User ID: 14709325 Canada 10/27/2013 11:06 PM Report Abusive Post Report Copyright Violation	Re: New York Times article is the most outrageous heap of bullshit I've read in a week: "In Fed and Out, Many Now Think Inflation Helps" "Rising prices help companies increase profits; rising wages help borrowers repay debts. How is a borrower's wage increase going to pay down debt if they have to pay more at the store for groceries? "I got a $50/wk raise but my grocery bill went up by $50....." Isn't this like a dog chasing its tail.
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