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Yeah, ummm has been predicting runaway inflation

Posted on: January 16, 2017 at 14:14:49 CT
SparkyStalcup MU
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(and I mean inflation in the normal sense like increase in the price index) for years now. A stopped clock is right twice a day, so perhaps he'll eventually be right one day, but I don't think it's happening anytime soon. We could actually use a little bit of inflation right now to get the economy going, especially wage inflation.

The economic crash could happen, but it is far less likely than in 2008 because the private debt level isn't quite up there yet.

You goldbugs and Fed haters seem to long for the time when we had economic panics every 15-20 years, and I'm not sure why.

Edited by SparkyStalcup at 14:15:46 on 01/16/17
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China calls Trump an amateur. LMFAO - raskolnikov MU - 1/16 13:18:23
     wait, did all of china do this? was this a universal stateme - 90Tiger MU - 1/16 13:54:50
     Your fascination with the cult of personality aside, do - Bulldog Bob Brown STL - 1/16 13:51:09
          you're giving him too much credit, he's likely seeing things - 90Tiger MU - 1/16 13:56:29
     No surprise, the chicoms agree with the amsocialists. nm - hokie VT - 1/16 13:40:47
     Imagine what they called Barak O (nm) - MUGuy2004 STL - 1/16 13:36:53
          Loan applicant - El-ahrairah KC - 1/16 13:44:15
               See, if America could take care of America - MUGuy2004 STL - 1/16 13:47:01
     If trump is an amateur what does that make sissy-pants Obama - tigerNkc KC - 1/16 13:33:07
          A POST TURTLE - ppapano1 MU - 1/16 13:42:11
          Constitutional law professor and US Senator(nm) - raskolnikov MU - 1/16 13:41:34
               and bad a$$ commorg(nm) - Ragnar Danneskjold MU - 1/16 13:47:26
               Don't forget corporate swine, which you also called Mr - Bulldog Bob Brown STL - 1/16 13:44:07
               LOL(nm) - MUGuy2004 STL - 1/16 13:41:47
     my guess is he won't roll over like Soetoro - Ragnar Danneskjold MU - 1/16 13:32:42
          He played golf too much to care (nm) - MUGuy2004 STL - 1/16 13:37:26
     So you'll support what China says over what Russia says. - Logan BAMA - 1/16 13:23:59
          Support ?? - raskolnikov MU - 1/16 13:27:18
               You hope he fails then(nm) - MUGuy2004 STL - 1/16 13:58:06
                    I have no hopes about the guy at all - raskolnikov MU - 1/16 14:01:26
                         RE: I have no hopes about the guy at all - MOCO SON MU - 1/16 14:03:28
                              No - raskolnikov MU - 1/16 14:08:24
                                   RE: No - MOCO SON MU - 1/16 14:14:11
               I laugh at you believing that your perception, which is - 90Tiger MU - 1/16 13:33:34
                    I have never said he was an idiot - raskolnikov MU - 1/16 13:40:53
                         You hate that he's being effective...we get it (nm) - MUGuy2004 STL - 1/16 13:42:50
                              Effective at what?. He has done nothing but appear a fool - raskolnikov MU - 1/16 14:00:24
                                   you don't know any such thing, rask. don't be quiet, keep t - 90Tiger MU - 1/16 14:05:18
                                        RE: you don't know any such thing, rask. don't be quiet, keep t - raskolnikov MU - 1/16 14:10:37
                                             sanctions are warfare and only hurt the non-gvmt elite - pickle MU - 1/16 17:45:06
                                             Like Obama did Iran? (nm) - MUGuy2004 STL - 1/16 14:19:10
                                             you don't have any idea what anyone thinks about trump - 90Tiger MU - 1/16 14:16:32
                                   RE: Effective at what?. He has done nothing but appear a fool - MOCO SON MU - 1/16 14:02:55
                                   At least you show your true colors.....red (nm) - MUGuy2004 STL - 1/16 14:02:22
                                        RE: At least you show your true colors.....red (nm) - MOCO SON MU - 1/16 14:04:09
               Calm down snowflake...Trump's brilliant staff will handle th - Logan BAMA - 1/16 13:32:35
               RE: Support ?? - MOCO SON MU - 1/16 13:29:46
                    He's all your friend - raskolnikov MU - 1/16 13:33:55
                         RE: He's all your friend - MOCO SON MU - 1/16 13:35:49
                              RE: He's all your friend - raskolnikov MU - 1/16 13:42:42
                                   No, you figure it out for us, rask. (nm) - 90Tiger MU - 1/16 14:06:49
                                   RE: He's all your friend - MOCO SON MU - 1/16 13:45:26
                    Likely much to our detriment. nm - SparkyStalcup MU - 1/16 13:31:21
                         OMG! LIKELY! Sparky, just react to things that happen and - 90Tiger MU - 1/16 13:34:45
                              Well, I've already seen his proposed cabinet, so I have - SparkyStalcup MU - 1/16 13:38:03
                                   you don't have any basis for anything, you're just manifesti - 90Tiger MU - 1/16 14:00:28
                                        Haley was a good choice, and I think Mattis will turn out to - SparkyStalcup MU - 1/16 14:18:26
                         RE: Likely much to our detriment. nm - MOCO SON MU - 1/16 13:33:27
                              I always leave open the possiblity of pigs flying, hell - SparkyStalcup MU - 1/16 13:35:11
                                   given that you'll set and move the parameters/metrics by - 90Tiger MU - 1/16 13:37:28
                                        Oh, you'll move the metrics, or blame something like the - SparkyStalcup MU - 1/16 13:43:04
                                             the financial crash is coming and i've been saying that for - 90Tiger MU - 1/16 14:08:30
                                                  Yeah, ummm has been predicting runaway inflation - SparkyStalcup MU - 1/16 14:14:49
                                                       no he means real inflation not your misuse and it's - 90Tiger MU - 1/16 14:22:18
                                                            No he means his Austrian's redefiniton of inflation, and - SparkyStalcup MU - 1/16 15:19:14
                                   RE: I always leave open the possiblity of pigs flying, hell - MOCO SON MU - 1/16 13:36:36
               Did you laugh when Obama won the Nobel Peace Prize - hefeweizen MU - 1/16 13:29:24
                    It was preposterous the faith people put in him - raskolnikov MU - 1/16 13:35:02
                         Liberalism is preposterous. Symbolism over substance(nm) - hefeweizen MU - 1/16 13:40:02
                              Obama did not serve as Liberal. Sorry(nm) - raskolnikov MU - 1/16 13:43:59
                                   He wanted to and then he went into do nothing mode(nm) - hefeweizen MU - 1/16 14:15:12
               Did you laugh at Obama and Hillary being over their heads? - Spanky KU - 1/16 13:28:48
     RE: China calls Trump an amateur. LMFAO - MOCO SON MU - 1/16 13:21:46
          RE: China calls Trump an amateur. LMFAO - raskolnikov MU - 1/16 13:25:45
               He knows nothing about the Constitution (nm) - MUGuy2004 STL - 1/16 13:41:20
                    RE: He knows nothing about the Constitution (nm) - raskolnikov MU - 1/16 13:44:53
                         "the aca is a tax" - 90Tiger MU - 1/16 14:10:12
                         He's a fraud (nm) - MUGuy2004 STL - 1/16 13:50:36
                    RE: He knows nothing about the Constitution (nm) - MOCO SON MU - 1/16 13:43:29
               That he taught Constitutional Law is pure BS. - TigerMatt STL - 1/16 13:38:17
               George Washington was a rank amateur as well. It - 90Tiger MU - 1/16 13:36:04
               RE: China calls Trump an amateur. LMFAO - MOCO SON MU - 1/16 13:27:52
          RE: China calls Trump an amateur. LMFAO - MOCO SON MU - 1/16 13:25:14
     Maybe he can give them a reset button. Now that was - brief candle MU - 1/16 13:21:35
     What did you say when Putin laughed at Obama for - hefeweizen MU - 1/16 13:21:33
     And yet infinitely more qualified than Obama in 2008 - Spanky KU - 1/16 13:20:30
     Keep us updated (nm) - 90Tiger MU - 1/16 13:20:29




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