Ya, LOL. I was just thinking how guys like Powell have spent their whole lives reading and writing academic papers about economics, money printing, and inflation and yet really have no understanding of inflation. It seems very pathetic really.John wrote: Fri Dec 17, 2021 11:07 amLol!!richard5za wrote: Fri Dec 17, 2021 11:03 am > There must be plenty of economists and statisticians in the USA
> who know exactly what drove inflation in the last 12
> months.
Financial topics
Re: Financial topics
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Re: Financial topics
I have a feeling that the problem may be the politics or the media or both, rather than Powell's ability. Modern journalists are actually quite stupid and/or lacking in news integrity.vincecate wrote: Fri Dec 17, 2021 11:23 amYa, LOL. I was just thinking how guys like Powell have spent their whole lives reading and writing academic papers about economics, money printing, and inflation and yet really have no understanding of inflation. It seems very pathetic really.John wrote: Fri Dec 17, 2021 11:07 amLol!!richard5za wrote: Fri Dec 17, 2021 11:03 am > There must be plenty of economists and statisticians in the USA
> who know exactly what drove inflation in the last 12
> months.
I am now exiting this particular subject
Re: Financial topics
I have said this before, but I will say it again anyway. To become the "Head Money Printer" you have to have shown in years of meetings and writings that you believe in money printing. So the quote:richard5za wrote: Fri Dec 17, 2021 12:13 pm I have a feeling that the problem may be the politics or the media or both, rather than Powell's ability.
"It Is Difficult to Get a Man to Understand Something When His Salary Depends Upon His Not Understanding It"
https://quoteinvestigator.com/2017/11/30/salary/
Is perfect.
If you ask any "Austrian School Economist" what to expect after you increase the money supply by 40% in 2 years they will all say, of course you should expect inflation. If you ask anyone at the Fed they really are surprised by the inflation, really think it is from supply reopening, and really think it will go away. In their model 100% employment causes inflation, and anything less than that printing money is ok. There is a reason no Austrian School Economists get jobs at Fed. Their answer is not the one "the system" wants.
Re: Financial topics
The red in the image below is container ships over the horizon and out of sight, but the total is still a straight line going higher.
So even those with the theory that supply chains are the source of inflation have no valid reason to think inflation has peaked.

So even those with the theory that supply chains are the source of inflation have no valid reason to think inflation has peaked.
Re: Financial topics
Nevsky swot input energy needs analyse as conveyed.
The tactical cost basis facts are still ignored.
The current regime is a tactical feature not an accident.
Your input costs are constructs and yes your meat puppets lie cheat steal
just like the looted periphery you ignored then also.
The spill over is being checked by a handfull here alone.
Brandon and the useful idiots got the band togeather and was said to know better
as his cherful bleat the chorus. We have few only to negate the severe stupidity
and the true consequences.
https://www.youtube.com/watch?v=eZCzl6qhZ70
The tactical cost basis facts are still ignored.
The current regime is a tactical feature not an accident.
Your input costs are constructs and yes your meat puppets lie cheat steal
just like the looted periphery you ignored then also.
The spill over is being checked by a handfull here alone.
Brandon and the useful idiots got the band togeather and was said to know better
as his cherful bleat the chorus. We have few only to negate the severe stupidity
and the true consequences.
https://www.youtube.com/watch?v=eZCzl6qhZ70
- Tom Mazanec
- Posts: 4200
- Joined: Sun Sep 21, 2008 12:13 pm
Re: Financial topics
Re: Financial topics
Unread post by vincecate » Fri Dec 17, 2021 1:58 pm
It is posts like this one that make me wish I could 'like' or upvote comments.
Unread post by vincecate » Fri Dec 17, 2021 1:58 pm
It is posts like this one that make me wish I could 'like' or upvote comments.
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”
― G. Michael Hopf, Those Who Remain
― G. Michael Hopf, Those Who Remain
Re: Financial topics
https://www.zerohedge.com/political/some-news
Lead, follow, or be left behind.
They lie to you every day damn day.
He cuts off every branch in me that bears no fruit, while every branch that does bear fruit,
he prunes so that it will be even more fruitful. The owner of the garden already told you.
https://www.youtube.com/watch?v=-bHvk2hQXoY
Lead, follow, or be left behind.
They lie to you every day damn day.
He cuts off every branch in me that bears no fruit, while every branch that does bear fruit,
he prunes so that it will be even more fruitful. The owner of the garden already told you.
https://www.youtube.com/watch?v=-bHvk2hQXoY
Last edited by aeden on Sat Dec 18, 2021 2:06 pm, edited 1 time in total.
Re: Financial topics
It'll take about $100 and $150 trillion to complete the green energy transition over the next three decades.
You let half wits drive you into darkness.
These morons do think as they print infinite amounts of money without consequences. fify
More children are starting to awake albeit slowly.
https://www.youtube.com/watch?v=vhH8ZvGtl_Y
You let half wits drive you into darkness.
These morons do think as they print infinite amounts of money without consequences. fify
More children are starting to awake albeit slowly.
https://www.youtube.com/watch?v=vhH8ZvGtl_Y
Re: Financial topics
According to RFK Jr (unsure of his criteria for determination), there are exactly two members of Congress not captured by special interests. That’s not even a few. Liberty is not maintained through selected officials and a corrupt judiciary. t
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Re: Financial topics
Hi Cool, I am getting views from Bitcoin investors on their real underlying views: When Bitcoin falls below $ 20 000 will you buy more? Sell? Hold? And why?
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