Generational Dynamics Forum - New Site

John wrote: Fri Dec 17, 2021 11:07 am

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.

Lol!!

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.

vincecate wrote: Fri Dec 17, 2021 11:23 am

John wrote: Fri Dec 17, 2021 11:07 am

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.

Lol!!

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.

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.
I am now exiting this particular subject

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.

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:

"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.

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.

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

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.

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

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

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

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?