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HYPERINFLATION NEAR???

 
benchimpanke
User ID: 513994
United States
09/30/2008 06:26 AM
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HYPERINFLATION NEAR???
how bout 1 million dollars for a loaf of bread, 5 million for a six pack of beer, 10 million for ???? come on peolpe bow down to us or else. wtf bsflag
Anonymous Coward
User ID: 513931
Netherlands
09/30/2008 06:27 AM
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Re: HYPERINFLATION NEAR???
how bout 1 million dollars for a loaf of bread, 5 million for a six pack of beer, 10 million for ???? come on peolpe bow down to us or else. wtf bsflag
 Quoting: benchimpanke 513994


The current economic outlook isn't pretty but I doubt it will be hyperinflation.
Anonymous Coward
User ID: 480773
United States
09/30/2008 07:18 AM
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Re: HYPERINFLATION NEAR???
Don't worry, the media will side step the situation by coming up with a new word to avoid saying what it REALLY is...

"HYPERINFLATION"
Anonymous Coward
User ID: 463182
United States
09/30/2008 07:20 AM
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Re: HYPERINFLATION NEAR???
Don't worry, the media will side step the situation by coming up with a new word to avoid saying what it REALLY is...

"HYPERINFLATION"
 Quoting: Anonymous Coward 480773


So True
Anonymous Coward
User ID: 463182
United States
09/30/2008 07:21 AM
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Re: HYPERINFLATION NEAR???
I ahd never heard of a thrift failure before last week
Anonymous Coward
User ID: 514019
United States
09/30/2008 07:26 AM
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Re: HYPERINFLATION NEAR???
Don't worry, the media will side step the situation by coming up with a new word to avoid saying what it REALLY is...

"HYPERINFLATION"
 Quoting: Anonymous Coward 480773


Yes, I have noticed how the entire media has decided to say that WE NEED a BAILOUT. I would advise anyone to watch the Frontline show on PBS you can see it from their website titled News Wars. This program shows you how the Bush Admin. has pressured the entire media to provide DISINFORMATION to the American ppl and how they make everything sound so bad and scary. These ppl on the news and who thy interview many times have no field of expertise in the field they are being interviewed. Fox news is really well known for this.

I can tell you first hand from my own experience from Nancy Grace interviewing a doctor and he gave her false information or totally incorrect information on her show that made the ppl watching her pathetic show think otherwise. So for the next several weeks we are going to hear a DIVERSION of the bailout plan rather than topics of the election, what is really going on economically and no one will be focused on the TRUTH.
Linzartart

User ID: 476887
United States
09/30/2008 10:59 PM
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Re: HYPERINFLATION NEAR???
archie bunker on inflation
[link to www.youtube.com]

I have no sense decency! That way, my other senses are enhanced!

I'm a pragmatist, everyone's an asshole but me.
Anonymous Coward
User ID: 457129
United States
09/30/2008 11:09 PM
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Re: HYPERINFLATION NEAR???
You can't inflate the money supply without initiating inflation.

It's that simple!
Anonymous Coward
User ID: 521326
United States
10/09/2008 05:59 AM
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Re: HYPERINFLATION NEAR???
You can't inflate the money supply without initiating inflation.

It's that simple!
 Quoting: Anonymous Coward 457129

lets start from the top, THE U.S. IS OVER TEN TRILLION DOLLARS IN DEBT, THATS NOT COUNTING UNFUNDED LIABILITIES FROM SOCIAL SECURIRTY, MEDICARE, GOVERNMENT PENSIONS, ETC, ETC, WHICH TOTAL OVER FIFTY TRILLION DOLLARS, WE HAVE TWO WARS GOING, MASS CORRUPTION IN CONGRESS, FIXED ELECTIONS, NEED I SAY MORE, YES, BOTH MORONIC CANDIDATES HAVE TOLD YOU THEY WILL CONTINUE TO SAVE YOUR ASSES BY SPENDING MORE MONEY OUT OF THIN AIR,, GET IT JACKASS! WE ARE BANKRUPT!
Anonymous Coward
User ID: 455142
United States
10/09/2008 06:03 AM
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Re: HYPERINFLATION NEAR???
You can't inflate the money supply without initiating inflation.

It's that simple!
 Quoting: Anonymous Coward 457129

Without initiating inflation?!?!?!?

What fucking rock have you been living under?

The Federal Reserve has had America in a perpetual state of constant inflation since 1913!

Also, if your feeble mind needs more, the 850 billion bail-out and the Fed starting to buy Corporate Paper mean TRILLIONS of new money entering the economy...

do you know what that means?




INFLATION!!


Prepare! America is going to face the same economic disaster that hit Germany in 1923!

[link to www.usagold.com]
Anonymous Coward
User ID: 520742
Australia
10/09/2008 06:05 AM
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Re: HYPERINFLATION NEAR???
12 trillion US dollars are being held by foreigners and they are getting homesick...
Westsail
Metta

User ID: 488383
United States
10/09/2008 06:07 AM

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Re: HYPERINFLATION NEAR???
:wheelmoney: ::1923infla:
I guess no need for stock up on the TP. tp
The most beautiful thing we can experience is the mysterious. It is the source of all true art and all science. He to whom this emotion is a stranger, who can no longer pause to wonder and stand rapt in awe, is as good as dead: his eyes are closed. -Albert Einstein
Anonymous Coward
User ID: 520742
Australia
10/09/2008 06:12 AM
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Re: HYPERINFLATION NEAR???
It's hyperinflation whichever way you slice it.

All those dollars will soon be exchanged by foreigners for however many cents in the dollar they can get for them. The promise behind US dollar strength is dead. Those doing the promising, the Jewish Federal Reserve of the US has lied to those who hold US dollars. They will soon be worth less than shit.
anonymous
User ID: 521304
United States
10/09/2008 06:18 AM
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Re: HYPERINFLATION NEAR???
how bout 1 million dollars for a loaf of bread, 5 million for a six pack of beer, 10 million for ???? come on peolpe bow down to us or else. wtf bsflag
 Quoting: benchimpanke 513994

deflation will begin.over inflated goods will no longer sell..
Anonymous Coward
User ID: 490531
United States
10/09/2008 06:18 AM
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Re: HYPERINFLATION NEAR???
There are a quadrillion dollars on the books tied into these bogus derivatives that is evaporating away as we speak. That's one thousand trillions.
So once that is gone how much money does the Fed have to print to get us to hyper-inflation?
Two quadrillion? Ten?
There isn't going to be any hyper-inflation. The dollar is going to depress, the value of the dollar will climb. Of course by that time not too many people will have any cash. Exceptions being the big banks that are unaffected by the credit crunch (think Rothschild controlled banks)
In the end the banksters plan is to break everyone they can before the depression hits, leaving themselves as the only ones holding massive fortunes. Why the hell would they want to devalue their own fortune if they don't have to?
anonymous
User ID: 521304
United States
10/09/2008 06:24 AM
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Re: HYPERINFLATION NEAR???
You can't inflate the money supply without initiating inflation.

It's that simple!

lets start from the top, THE U.S. IS OVER TEN TRILLION DOLLARS IN DEBT, THATS NOT COUNTING UNFUNDED LIABILITIES FROM SOCIAL SECURIRTY, MEDICARE, GOVERNMENT PENSIONS, ETC, ETC, WHICH TOTAL OVER FIFTY TRILLION DOLLARS, WE HAVE TWO WARS GOING, MASS CORRUPTION IN CONGRESS, FIXED ELECTIONS, NEED I SAY MORE, YES, BOTH MORONIC CANDIDATES HAVE TOLD YOU THEY WILL CONTINUE TO SAVE YOUR ASSES BY SPENDING MORE MONEY OUT OF THIN AIR,, GET IT JACKASS! WE ARE BANKRUPT!
 Quoting: Anonymous Coward 521326

we need manufactoring jobs to make our own goods..manufactoring once made our nation great..deflation will start now.. non essentials will deflate in price..
Coach

User ID: 511313
United States
10/09/2008 06:26 AM
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Re: HYPERINFLATION NEAR???
I guess no need for stock up on the TP. tp
 Quoting: Westsail


lol
The_Venerable
User ID: 412220
United States
10/09/2008 06:32 AM
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Re: HYPERINFLATION NEAR???
For the last time the threat is DEFLATION not inflation. You're uninformed. I feel sorry for you.
Anonymous Coward
User ID: 520742
Australia
10/09/2008 06:40 AM
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Re: HYPERINFLATION NEAR???
For the last time the threat is DEFLATION not inflation. You're uninformed. I feel sorry for you.
 Quoting: The_Venerable 412220


Do you think your imported necessities are going to drop down in price in line with the crash of the US dollar?

No, they will go to higher bidders in other countries. The US hasn't been self-sufficient for a very long time.
Anonymous Coward
User ID: 455142
United States
10/09/2008 06:45 AM
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Re: HYPERINFLATION NEAR???
For the last time the threat is DEFLATION not inflation. You're uninformed. I feel sorry for you.
 Quoting: The_Venerable 412220

One more time for the truly ignorant...

the threat is HYPERINFLATION and STAGFLATION not Deflation.
You're uneducated and misinformed; I feel sorry for you.

Simple Wikipedia explanation for the basics... [link to en.wikipedia.org]

Germany 1923
Hungary 1945
Zimbabwe 2002 (to current)

United States 2008
Anonymous Coward
User ID: 508895
Australia
10/09/2008 06:57 AM
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Re: HYPERINFLATION NEAR???
For the last time the threat is DEFLATION not inflation. You're uninformed. I feel sorry for you.
 Quoting: The_Venerable 412220


The Venerable,

Deflation is when goods cost less.

Inflation is when goods cost more. With more money in circulation goods will cost more because each dollar is worth less.
The_Venerable
User ID: 412220
United States
10/09/2008 07:01 AM
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Re: HYPERINFLATION NEAR???
None of you understand economics. You are just looking up data and making of it what you will.

Inflation...not gonna happen.
Deflation...gonna happen.

Overproduction....check.
Overvalued...check.
Wealth more uneven...check.
Monetary contraction...check.
Credit freeze...check.

You only get hyperinflation when countries are economic nitwits and don't understand that printing massive amounts of money causes it. The modernized nations fully understand this phenomenon and it's not a threat.
Anonymous Coward
User ID: 521365
United States
10/09/2008 07:44 AM
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Re: HYPERINFLATION NEAR???
None of you understand economics. You are just looking up data and making of it what you will.

Inflation...not gonna happen.
Deflation...gonna happen.

Overproduction....check.
Overvalued...check.
Wealth more uneven...check.
Monetary contraction...check.
Credit freeze...check.

You only get hyperinflation when countries are economic nitwits and don't understand that printing massive amounts of money causes it. The modernized nations fully understand this phenomenon and it's not a threat.
 Quoting: The_Venerable 412220

uh, hello, what the fuck do you think the federal reserve has been doing the past year,? PRINTING TRILLIONS IN WORTHLESS DOLLARS, to make people like you think everything is A-OK??? not a threat my ass!
Anonymous Coward
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Australia
10/09/2008 07:46 AM
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Re: HYPERINFLATION NEAR???
Right, I get you there, The Venerable.

However I thought the creation of debt is the same as increasing the money supply. Banks do it by simply issuing loans. They only have to have a certain percentage of the money they loan as deposits. Then again, the loan money gets deposited and from it more money can be created.
The_Venerable
User ID: 412220
United States
10/09/2008 07:54 AM
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Re: HYPERINFLATION NEAR???
Right, I get you there, The Venerable.

However I thought the creation of debt is the same as increasing the money supply. Banks do it by simply issuing loans. They only have to have a certain percentage of the money they loan as deposits. Then again, the loan money gets deposited and from it more money can be created.
 Quoting: Anonymous Coward 508895


This is also for the other guy that posted above you....the economy is at serious deflation risk...the Fed and Treasury are TRYING to inflate the economy. They are taking a VERY agressive approach with this.

But it's dumb. The whole thing is going to go under anyways. Might as well save the bullets for the recovery effort later to come...
Anonymous Coward
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Australia
10/09/2008 07:54 AM
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Re: HYPERINFLATION NEAR???
In fact I thought that

credit squeeze together with bailout (money went to China) is a way of "stealing from the poor to feed the rich!"



It smacks to me of attacks on individual countries, eg Zimbabwe, Iceland, Australia and the United States. Somebody, or some group of people who conrol the banking system are attacking different countries financial systems through the exchange rates.
Anonymous Coward
User ID: 520742
Australia
10/09/2008 07:57 AM
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Re: HYPERINFLATION NEAR???
None of you understand economics. You are just looking up data and making of it what you will.

Inflation...not gonna happen.
Deflation...gonna happen.

Overproduction....check.
Overvalued...check.
Wealth more uneven...check.
Monetary contraction...check.
Credit freeze...check.

You only get hyperinflation when countries are economic nitwits and don't understand that printing massive amounts of money causes it. The modernized nations fully understand this phenomenon and it's not a threat.
 Quoting: The_Venerable 412220



The money has already printed moron and they're throwing more onto the fire. US dollars already in circulation are being held OUTSIDE the US as a store of wealth. Once the US dollar continues on it's downward descent again, those dollars are NO LONGER going to be a store of wealth and will exchanged for whatever US assets they can.
The_Venerable
User ID: 412220
United States
10/09/2008 07:59 AM
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Re: HYPERINFLATION NEAR???
None of you understand economics. You are just looking up data and making of it what you will.

Inflation...not gonna happen.
Deflation...gonna happen.

Overproduction....check.
Overvalued...check.
Wealth more uneven...check.
Monetary contraction...check.
Credit freeze...check.

You only get hyperinflation when countries are economic nitwits and don't understand that printing massive amounts of money causes it. The modernized nations fully understand this phenomenon and it's not a threat.



The money has already printed moron and they're throwing more onto the fire. US dollars already in circulation are being held OUTSIDE the US as a store of wealth. Once the US dollar continues on it's downward descent again, those dollars are NO LONGER going to be a store of wealth and will exchanged for whatever US assets they can.
 Quoting: Anonymous Coward 520742


So your argument is this: foreign entities are hoarding dollars, and then later on they are going to be worthless. Yes, that makes perfect sense.

iamwith
Anonymous Coward
User ID: 520742
Australia
10/09/2008 08:01 AM
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Re: HYPERINFLATION NEAR???
None of you understand economics. You are just looking up data and making of it what you will.

Inflation...not gonna happen.
Deflation...gonna happen.

Overproduction....check.
Overvalued...check.
Wealth more uneven...check.
Monetary contraction...check.
Credit freeze...check.

You only get hyperinflation when countries are economic nitwits and don't understand that printing massive amounts of money causes it. The modernized nations fully understand this phenomenon and it's not a threat.



The money has already printed moron and they're throwing more onto the fire. US dollars already in circulation are being held OUTSIDE the US as a store of wealth. Once the US dollar continues on it's downward descent again, those dollars are NO LONGER going to be a store of wealth and will exchanged for whatever US assets they can.


So your argument is this: foreign entities are hoarding dollars, and then later on they are going to be worthless. Yes, that makes perfect sense.

iamwith
 Quoting: The_Venerable 412220


They didn't have a choice BUT to hold them whilst the US economy was stable. Now it is terminal so it makes no difference whether they crash the economy of "their best customer". The US is no longer "their best customer", it's a deadbeat.
Anonymous Coward
User ID: 455142
United States
10/09/2008 08:07 AM
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Re: HYPERINFLATION NEAR???
None of you understand economics. You are just looking up data and making of it what you will.

Inflation...not gonna happen.
Deflation...gonna happen.

Overproduction....check.
Overvalued...check.
Wealth more uneven...check.
Monetary contraction...check.
Credit freeze...check.

You only get hyperinflation when countries are economic nitwits and don't understand that printing massive amounts of money causes it. The modernized nations fully understand this phenomenon and it's not a threat.
 Quoting: The_Venerable 412220

lol

OMG, you have no idea what you are talking about!

Overproduction!
That alone proves you are an imbecile. Money supply is FAR exceeding production; has been for a long time and is getting worse.

Overvalued
What is overvalued? Doubt you can answer because you just made it up.

Monetary Contraction!
laugh
hard... to... type... cant stop... laughing!

All the Fed has been doing is injection TRILLIONS of dollars into the money supply.

Credit Freeze
Do you have any idea what the credit crisis is, what has caused it, or what it means?

No, you clearly do not.


Is this a joke? You cannot really be this fucking stupid! can you?

please, get off GLP, turn off your computer, and go read a fucking basic economics book!
The_Venerable
User ID: 412220
United States
10/09/2008 08:16 AM
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Re: HYPERINFLATION NEAR???
lol

OMG, you have no idea what you are talking about!

Overproduction!
That alone proves you are an imbecile. Money supply is FAR exceeding production; has been for a long time and is getting worse.

Overvalued
What is overvalued? Doubt you can answer because you just made it up.

Monetary Contraction!
laugh
hard... to... type... cant stop... laughing!

All the Fed has been doing is injection TRILLIONS of dollars into the money supply.

Credit Freeze
Do you have any idea what the credit crisis is, what has caused it, or what it means?

No, you clearly do not.


Is this a joke? You cannot really be this fucking stupid! can you?

please, get off GLP, turn off your computer, and go read a fucking basic economics book!
 Quoting: Anonymous Coward 455142


No, you are the one who is uninformed. I feel sorry for you. Overproduction has been LONG in the works...the corollary is under consumption. Under consumption has been going on for several years. What do you think happened when the govt. gave out all those stimulus checks last spring? Was there any stimulus spending? No...people saved it or spent it on fuel or payed off debt. It was a disastrous plan. Look at all the earnings numbers that will be coming out. Do you even know what you are talking about even a little bit?

Overvalued? It all starts with housing...U.S. housing prices are still falling. They aren't going to stop this year, maybe in 2009 they will hit bottom but don't bet on it. It could easily last into 2010.

Monetary contraction. Again, do you know anything? The Fed is overcrowding the market. Enough said.

Credit Freeze...there is no credit. None. The markets are frozen. Banks aren't lending to each other, let alone consumers. Credit spreads are astronomically high...the LIBOR is f'd up, you've got toxic assets sitting around with companies and they are completely off the books so nobody knows. The CDS market is completely fucked. It's a disaster.

You really need to check your facts before you post nonsense. If you don't understand the deflation risk, and that the U.S. is TRYING TO INFLATE the market, then you don't know anything. Are you with Trichet?...You must be an ECB guy...not to be trusted. The euros are in bigger shit because they are the 3rd party stooges Wall St. has used for their derivatives schemes.

You guys are fucked. Sorry.





GLP