patrick.net
An Antidote to Corporate Media
1,200,638 comments by 14,216 users - Al_Sharpton_for_President, ElYorsh, GreaterNYCDude, Kepi online now
invite responseComments 1 - 8 of 8 Search these comments
tatupu70
2014 Sep 14, 7:20am
Deflation is a good thing because efficiencies in technology and methods get passed onto common people.
No, that is actually not at all what deflation means.
Deflation is a good thing because efficiencies in technology and methods get passed onto common people. Government and bankers essentially stole those cost savings to deficit spend and create new customers.
Now when deflation sets in, the loans go bad and it puts finance on check. So when the economy just favors inflation, then deficit spenders, bad business models based on leverage, and the FIRE economy gets out of control.
So overall, deflation is a means to actually see which business model had it right.
Yep.
Yep.
Do you see deflation or inflation on the US horizon? or both?
Continued Stagflation until the Fed runs out of ink/bullets. Then I don't know.
tatupu70
2014 Sep 14, 8:03am
Continued Stagflation until the Fed runs out of ink/bullets. Then I don't know
Continued implies that we are currently undergoing stagflation. With inflation under 2%, I'm not sure what the heck you are thinking...
http://www.usinflationcalculator.com/inflation/current-inflation-rates/
Continued Stagflation until the Fed runs out of ink/bullets. Then I don't know
Continued implies that we are currently undergoing stagflation. With inflation under 2%, I'm not sure what the heck you are thinking...
http://www.usinflationcalculator.com/inflation/current-inflation-rates/
Yes we have been having stagflation for a while, i.e wages not keeping up with the high inflation in essentials, way over 2%.
tatupu70
2014 Sep 14, 9:12am
Yes we have been having stagflation for a while, i.e wages not keeping up with the high inflation in essentials, way over 2%.
Wages not keeping up with inflation is not stagflation.
Care to document the high inflation in essentials?
At a global aggregated level deflation has been non-existent over the last 80 years.†– $DB
Read more at http://investmentwatchblog.com/at-a-global-aggregated-level-deflation-has-been-non-existent-over-the-last-80-years-db/#bmo2KPKIKULCOQmG.99
Deflation is a good thing because efficiencies in technology and methods get passed onto common people. Government and bankers essentially stole those cost savings to deficit spend and create new customers.
Now when deflation sets in, the loans go bad and it puts finance on check. So when the economy just favors inflation, then deficit spenders, bad business models based on leverage, and the FIRE economy gets out of control.
So overall, deflation is a means to actually see which business model had it right.