Point decision to Inflationists...

[icm63]

No deflation since the gold standard on $USD ended...
http://en.wikipedia.org/wiki/File:US..._Inflation.svg
inflation-deflation_serendipityThumb.png

Any deflation is, if does happen (I am not sold on either), is swimming against the tide. Evidence is evidence.

The only way another blue CPI spike can be avoided is if the USA BSA (stats dept) change the formula again !!!!

[sunskyfan]

Re: Point decision to Inflationists...

What does the "price" of anything mean if there is no viable free market? There is a continuous use of free market concepts as if such a thing existed now. Economic Martial Law was declared a year ago and still we "believe". Why?

[icm63]

Re: Point decision to Inflationists...

Smoke and mirrors and with the uninformed and dumb public, leaders can do anything !

[raja]

Re: Point decision to Inflationists...

Smoke and mirrors and with the uninformed and dumb public, leaders can do anything !

Which is why it is important for intelligent, economically savvy iTulipers to call their Senators and Representative regularly and give them an earful. They operate on perception, and if they get the idea that at least some of the public isn't "uniformed and dumb", they will be less likely to indulge in corruption.

In other words, instill some fear of job loss in the enablers . . . .

[Spartacus]

Re: Point decision to Inflationists...

if people start bartering instead of using US$ the only reason is because "barter-ing" is of a higher quality than "fiat-ing"

obviously that's a quality improvement of 1000%

The CPI will skyrocket because of the quality hedonic adjustment.

QED, squire. any more questions?

What does the "price" of anything mean if there is no viable free market? There is a continuous use of free market concepts as if such a thing existed now. Economic Martial Law was declared a year ago and still we "believe". Why?

[lsa420]

Re: Point decision to Inflationists...

Which is why it is important for intelligent, economically savvy iTulipers to call their Senators and Representative regularly and give them an earful. They operate on perception, and if they get the idea that at least some of the public isn't "uniformed and dumb", they will be less likely to indulge in corruption.

In other words, instill some fear of job loss in the enablers . . . .

DownsizeDC.org has a pretty good way of doing this. I have been giving Congress an earful this way for about five years. Seems like some of their efforts are actually starting to pay off.

[FRED]

Re: Point decision to Inflationists...

No deflation since the gold standard on $USD ended...
http://en.wikipedia.org/wiki/File:US..._Inflation.svg
[ATTACH]2276[/ATTACH]

Any deflation is, if does happen (I am not sold on either), is swimming against the tide. Evidence is evidence.

The only way another blue CPI spike can be avoided is if the USA BSA (stats dept) change the formula again !!!!

Old, old news to iTulip readers, icm!

The truth about deflation - Eric Janszen

[vinoveri]

Re: Point decision to Inflationists...

Nice to hear from you again FRED. Was wondering where you were.

[GRG55]

Re: Point decision to Inflationists...

No deflation since the gold standard on $USD ended...
http://en.wikipedia.org/wiki/File:US..._Inflation.svg
[ATTACH]2276[/ATTACH]

Any deflation is, if does happen (I am not sold on either), is swimming against the tide. Evidence is evidence.

The only way another blue CPI spike can be avoided is if the USA BSA (stats dept) change the formula again !!!!

Awww...and I was so looking forward to $600 gold...:rolleyes:

[sunskyfan]

Re: Point decision to Inflationists...

Not so fast. You might see 600 dollar gold. It just won't be America Dollars .