Find fields & stores near you!
Find fields and stores
Zipcode
PbNation News
PbNation News
Community Focus
Community Focus

Reply
 
Thread Tools
Old 08-06-2012, 10:53 PM #1
licence_to_kill
Bizarro World
 
licence_to_kill's Avatar
 
Join Date: Jul 2005
Location: good ol' So Cal
licence_to_kill is reppin' sidebar 4 life
licence_to_kill has perfected Level 1 in PbNation Pursuit
licence_to_kill has perfected Level 2 in PbNation Pursuit
licence_to_kill has perfected Level 3 in PbNation Pursuit
licence_to_kill supports DLX Technology
Uncle Sam explains why inflation is your best friend

A simple but excellent explanation of the benefits of monetary stimulus:



Here's some data which supports the narrator's claims:





One has to wonder, why have so many smart people forgotten this lesson?
__________________
SAN DIEGO
CHARGERS

"Most Ron Paul supporters are domestic terrorists and racist liberal nazis." - John Elway
licence_to_kill is offline   Reply With Quote
Old Sponsored Links Remove Advertisement
Advertisement
Old 08-07-2012, 06:55 AM #2
barrel roll
secedere
 
barrel roll's Avatar
 
Join Date: Oct 2007
Location: FL/GA border
barrel roll is one of the top 500 posters on PbNation
barrel roll is Legendary
Why don't your graphs show prior to the late 20s?
__________________
--- UNDRPRVLGD Goggle Straps n stuff ---
If this be treason, make the most of it.-Patrick Henry
I'm a damn veteran, I've got more rights and privileges than you do.
MQ2 rebuild kits, MP4 ram rebuilds, general 'cocker teching
Will soon be making super slick mid/half block bolts
barrel roll is offline   Reply With Quote
Old 08-07-2012, 07:17 AM #3
yesme
 
 
Join Date: Oct 2008
LMFAO you guys crack me up.
yesme is offline   Reply With Quote
Old 08-07-2012, 07:47 PM #4
licence_to_kill
Bizarro World
 
licence_to_kill's Avatar
 
Join Date: Jul 2005
Location: good ol' So Cal
licence_to_kill is reppin' sidebar 4 life
licence_to_kill has perfected Level 1 in PbNation Pursuit
licence_to_kill has perfected Level 2 in PbNation Pursuit
licence_to_kill has perfected Level 3 in PbNation Pursuit
licence_to_kill supports DLX Technology
Quote:
Originally Posted by barrel roll View Post
Why don't your graphs show prior to the late 20s?
because the depression didn't start until 1929.
__________________
SAN DIEGO
CHARGERS

"Most Ron Paul supporters are domestic terrorists and racist liberal nazis." - John Elway
licence_to_kill is offline   Reply With Quote
Old 08-07-2012, 08:08 PM #5
madgoat
Troll_Extraordinaire
 
madgoat's Avatar
 
Join Date: Mar 2005
Location: Homewood, IL
madgoat has achieved Level 3 in PbNation Pursuit
what about the 70's/80's?
__________________
Honey Badger University Professor of Women Studies, Dean of Student Affairs
madgoat is offline   Reply With Quote
Old 08-07-2012, 08:08 PM #6
barrel roll
secedere
 
barrel roll's Avatar
 
Join Date: Oct 2007
Location: FL/GA border
barrel roll is one of the top 500 posters on PbNation
barrel roll is Legendary
Quote:
Originally Posted by licence_to_kill View Post
because the depression didn't start until 1929.
There was a depression before then.
__________________
--- UNDRPRVLGD Goggle Straps n stuff ---
If this be treason, make the most of it.-Patrick Henry
I'm a damn veteran, I've got more rights and privileges than you do.
MQ2 rebuild kits, MP4 ram rebuilds, general 'cocker teching
Will soon be making super slick mid/half block bolts
barrel roll is offline   Reply With Quote
Old 08-07-2012, 08:11 PM #7
licence_to_kill
Bizarro World
 
licence_to_kill's Avatar
 
Join Date: Jul 2005
Location: good ol' So Cal
licence_to_kill is reppin' sidebar 4 life
licence_to_kill has perfected Level 1 in PbNation Pursuit
licence_to_kill has perfected Level 2 in PbNation Pursuit
licence_to_kill has perfected Level 3 in PbNation Pursuit
licence_to_kill supports DLX Technology
Quote:
Originally Posted by madgoat View Post
what about the 70's/80's?
we were already at full capacity so a steeper nominal growth path barely moved RGDP at all.
__________________
SAN DIEGO
CHARGERS

"Most Ron Paul supporters are domestic terrorists and racist liberal nazis." - John Elway
licence_to_kill is offline   Reply With Quote
Old 08-07-2012, 09:03 PM #8
madgoat
Troll_Extraordinaire
 
madgoat's Avatar
 
Join Date: Mar 2005
Location: Homewood, IL
madgoat has achieved Level 3 in PbNation Pursuit
Quote:
Originally Posted by licence_to_kill View Post
we were already at full capacity so a steeper nominal growth path barely moved RGDP at all.
aka the broken window fallacy...
__________________
Honey Badger University Professor of Women Studies, Dean of Student Affairs
madgoat is offline   Reply With Quote
Old 08-07-2012, 09:14 PM #9
$h@key J0nEZ
Southern By The
 
$h@key J0nEZ's Avatar
 
Join Date: Jan 2008
Location: Grace Of GOD
Murder the Dollar!!!
__________________

The trouble with our liberal friends is not that they are ignorant. It's just that they know so much that isn't so. - Ronald Reagan

"A nation which can prefer disgrace to danger is prepared for a master, and deserves one." - Alexander Hamilton
$h@key J0nEZ is offline   Reply With Quote
Old 08-07-2012, 09:22 PM #10
Frank101
legit legit legit
 
Frank101's Avatar
 
Join Date: Dec 2004
Location: NJ
Frank101 is a Supporting Member
Frank101 owns a Planet Eclipse Ego
Frank101 is reppin' sidebar 4 life
Frank101 plays in the APPA D5 division
Is this the pre-equal to reefer madness? It's just as juvenile. I especially like the assumption that injecting 7 billion of new money into the system will cause the 3 graph lines (purchasing power, cost of living and wages) to magically meet.

Nothing like pumping inflated dollars into a war to destroy life and blow things up, meanwhile consumer goods were rationed, consumer technology stagnated, and groceries cost more.

EDIT: I see the top comment from you tube already realized this

Quote:
The big disconnect is at 4:24 when he says "wages will be increased to meet the higher cost of living" - oh yeah? Increased by whom?
__________________
"Originally posted by pokenose: We quit doing that secret Santa thing after the black guy got a bucket of fried chicken, watermelon jolly ranchers, a bottle of colt 45 and a cotton scented candle then someone else got a ball of that free twine you tie down your items with at ikea and a vibrator so you can go **** yourself if you didn't like the twine."

"Originally posted by AlphaNeo36:
Election fraud is perfectly acceptable when it intends to keep Ron Paul out of the White House."

Last edited by Frank101 : 08-07-2012 at 09:28 PM.
Frank101 is offline   Reply With Quote
Old 08-07-2012, 09:41 PM #11
$h@key J0nEZ
Southern By The
 
$h@key J0nEZ's Avatar
 
Join Date: Jan 2008
Location: Grace Of GOD
This is the perfect recipe to raise gas prices for good.
__________________

The trouble with our liberal friends is not that they are ignorant. It's just that they know so much that isn't so. - Ronald Reagan

"A nation which can prefer disgrace to danger is prepared for a master, and deserves one." - Alexander Hamilton
$h@key J0nEZ is offline   Reply With Quote
Old 08-07-2012, 10:02 PM #12
licence_to_kill
Bizarro World
 
licence_to_kill's Avatar
 
Join Date: Jul 2005
Location: good ol' So Cal
licence_to_kill is reppin' sidebar 4 life
licence_to_kill has perfected Level 1 in PbNation Pursuit
licence_to_kill has perfected Level 2 in PbNation Pursuit
licence_to_kill has perfected Level 3 in PbNation Pursuit
licence_to_kill supports DLX Technology
Quote:
Originally Posted by madgoat View Post
aka the broken window fallacy...
the broken window fallacy isn't actually a fallacy because it breaks down in an economy with money.

as with say's law
__________________
SAN DIEGO
CHARGERS

"Most Ron Paul supporters are domestic terrorists and racist liberal nazis." - John Elway

Last edited by licence_to_kill : 08-07-2012 at 10:08 PM.
licence_to_kill is offline   Reply With Quote
Old 08-07-2012, 10:06 PM #13
licence_to_kill
Bizarro World
 
licence_to_kill's Avatar
 
Join Date: Jul 2005
Location: good ol' So Cal
licence_to_kill is reppin' sidebar 4 life
licence_to_kill has perfected Level 1 in PbNation Pursuit
licence_to_kill has perfected Level 2 in PbNation Pursuit
licence_to_kill has perfected Level 3 in PbNation Pursuit
licence_to_kill supports DLX Technology
Quote:
Originally Posted by Frank101 View Post
Is this the pre-equal to reefer madness? It's just as juvenile. I especially like the assumption that injecting 7 billion of new money into the system will cause the 3 graph lines (purchasing power, cost of living and wages) to magically meet.

Nothing like pumping inflated dollars into a war to destroy life and blow things up, meanwhile consumer goods were rationed, consumer technology stagnated, and groceries cost more.

EDIT: I see the top comment from you tube already realized this
what the ****ing **** are you talking about? WWII didn't begin until 1939, almost 10 years after we devalued.

please go be stupid somewhere else. i don't have time for you if you're just going to make **** up. you're clearly not interested in looking at the facts.
__________________
SAN DIEGO
CHARGERS

"Most Ron Paul supporters are domestic terrorists and racist liberal nazis." - John Elway
licence_to_kill is offline   Reply With Quote
Old 08-07-2012, 11:00 PM #14
licence_to_kill
Bizarro World
 
licence_to_kill's Avatar
 
Join Date: Jul 2005
Location: good ol' So Cal
licence_to_kill is reppin' sidebar 4 life
licence_to_kill has perfected Level 1 in PbNation Pursuit
licence_to_kill has perfected Level 2 in PbNation Pursuit
licence_to_kill has perfected Level 3 in PbNation Pursuit
licence_to_kill supports DLX Technology
Quote:
Originally Posted by Reginald Perrywinkle View Post
Neither you nor Keynes understand Say's Law.
This is how I view say's law.

http://worthwhile.typepad.com/worthw...-is-weird.html



Quote:
Inflation isn't necessarily good for the economy. You don't want to increase the money supply past the demand to hold money but when we have excess demand like our situation right now inflation can help restore NGDP growth to trend which will lower the % of GDP our monetary base is and it will restore trend NGDP and push interest rates higher.

Inflation can help us in bad situations, but it doesn't necessarily help in good ones.
this is correct
__________________
SAN DIEGO
CHARGERS

"Most Ron Paul supporters are domestic terrorists and racist liberal nazis." - John Elway
licence_to_kill is offline   Reply With Quote
Old 08-07-2012, 11:02 PM #15
Frank101
legit legit legit
 
Frank101's Avatar
 
Join Date: Dec 2004
Location: NJ
Frank101 is a Supporting Member
Frank101 owns a Planet Eclipse Ego
Frank101 is reppin' sidebar 4 life
Frank101 plays in the APPA D5 division
Quote:
Originally Posted by licence_to_kill View Post
what the ****ing **** are you talking about? WWII didn't begin until 1939, almost 10 years after we devalued.

please go be stupid somewhere else. i don't have time for you if you're just going to make **** up. you're clearly not interested in looking at the facts.
Excuse me, the time frame depicted in your charts is around the same time FDR had price and wage controls, bought wheat and burned it to keep prices higher at a time when people were starving. You're chart is misleading as it does not include the creation of the Fed in 1919 and the recession in 1920-21, which was brief and monetary inflation was NOT used in significant proportion. All of that inflation lowered the living standards for the majority of Americans. It's dishonest and you know it, you posted it to try and skew a point, you selected specific data points to make a point and ignored the previous events and the devastation during WW2.
__________________
"Originally posted by pokenose: We quit doing that secret Santa thing after the black guy got a bucket of fried chicken, watermelon jolly ranchers, a bottle of colt 45 and a cotton scented candle then someone else got a ball of that free twine you tie down your items with at ikea and a vibrator so you can go **** yourself if you didn't like the twine."

"Originally posted by AlphaNeo36:
Election fraud is perfectly acceptable when it intends to keep Ron Paul out of the White House."
Frank101 is offline   Reply With Quote
Old 08-07-2012, 11:05 PM #16
licence_to_kill
Bizarro World
 
licence_to_kill's Avatar
 
Join Date: Jul 2005
Location: good ol' So Cal
licence_to_kill is reppin' sidebar 4 life
licence_to_kill has perfected Level 1 in PbNation Pursuit
licence_to_kill has perfected Level 2 in PbNation Pursuit
licence_to_kill has perfected Level 3 in PbNation Pursuit
licence_to_kill supports DLX Technology
the recession of 1920-21 was deliberately caused by the Federal Reserve to bring down the price level. it ended as soon as they eased monetary policy.
__________________
SAN DIEGO
CHARGERS

"Most Ron Paul supporters are domestic terrorists and racist liberal nazis." - John Elway
licence_to_kill is offline   Reply With Quote
Old 08-07-2012, 11:07 PM #17
$h@key J0nEZ
Southern By The
 
$h@key J0nEZ's Avatar
 
Join Date: Jan 2008
Location: Grace Of GOD
Quote:
Originally Posted by Reginald Perrywinkle View Post
Also, you're violating op/ed rule so ya know.
What about the BOS rule?

__________________

The trouble with our liberal friends is not that they are ignorant. It's just that they know so much that isn't so. - Ronald Reagan

"A nation which can prefer disgrace to danger is prepared for a master, and deserves one." - Alexander Hamilton
$h@key J0nEZ is offline   Reply With Quote
Old 08-07-2012, 11:08 PM #18
licence_to_kill
Bizarro World
 
licence_to_kill's Avatar
 
Join Date: Jul 2005
Location: good ol' So Cal
licence_to_kill is reppin' sidebar 4 life
licence_to_kill has perfected Level 1 in PbNation Pursuit
licence_to_kill has perfected Level 2 in PbNation Pursuit
licence_to_kill has perfected Level 3 in PbNation Pursuit
licence_to_kill supports DLX Technology
shakey, you violate the laws of nature
__________________
SAN DIEGO
CHARGERS

"Most Ron Paul supporters are domestic terrorists and racist liberal nazis." - John Elway
licence_to_kill is offline   Reply With Quote
Old 08-07-2012, 11:12 PM #19
$h@key J0nEZ
Southern By The
 
$h@key J0nEZ's Avatar
 
Join Date: Jan 2008
Location: Grace Of GOD
Quote:
Originally Posted by licence_to_kill View Post
shakey, you violate the laws of nature
Not you. George or whatever he calls himself this week.
__________________

The trouble with our liberal friends is not that they are ignorant. It's just that they know so much that isn't so. - Ronald Reagan

"A nation which can prefer disgrace to danger is prepared for a master, and deserves one." - Alexander Hamilton
$h@key J0nEZ is offline   Reply With Quote
Old 08-07-2012, 11:14 PM #20
licence_to_kill
Bizarro World
 
licence_to_kill's Avatar
 
Join Date: Jul 2005
Location: good ol' So Cal
licence_to_kill is reppin' sidebar 4 life
licence_to_kill has perfected Level 1 in PbNation Pursuit
licence_to_kill has perfected Level 2 in PbNation Pursuit
licence_to_kill has perfected Level 3 in PbNation Pursuit
licence_to_kill supports DLX Technology
i'm just saying
__________________
SAN DIEGO
CHARGERS

"Most Ron Paul supporters are domestic terrorists and racist liberal nazis." - John Elway
licence_to_kill is offline   Reply With Quote
Old 08-08-2012, 08:38 AM #21
Tafari Makonnen
His Imperial Majesty
 
Tafari Makonnen's Avatar
 
Join Date: Feb 2009
Location: Addis Ababa
Quote:
Originally Posted by yesme View Post
LMFAO you guys crack me up.
Explain the economy to us by using an simplified example, like you fire under a folder chair thing. I could use a laugh.
__________________
Magen VeLo Yera'e

Throughout history, it has been the inaction of those who could have acted; the indifference of those who should have known better; the silence of the voice of justice when it mattered most; that has made it possible for evil to triumph.
Tafari Makonnen is offline   Reply With Quote
Reply


Thread Tools

Posting Rules
Forum Jump