Hyper-Inflation

[rosco rathbone]

Twenty eight months on, the middle east is still in turmoil (AJ blames Obama) but still nary a peep about hyperinflation in the good ole USA.

Storekeepers and taxi drivers are still accepting worthless government scrip in my neighborhood. They don't seem to have caught on yet.

 

[Karen Kraft]

Storekeepers and taxi drivers are still accepting worthless government scrip in my neighborhood. They don't seem to have caught on yet.

"Wheel barrel sales will be rolling," Tom said swiftly.

* blink *

 

[unregistered]

 

[mercury14]

Major banks in Mexico are no longer accepting Dollar deposits.

What does this have to do with hyperinflation?

 

[RobDownSouth]

What does this have to do with hyperinflation?

Non-sequiturs are Vettehitler's stock-in-trade.

 

[unregistered]

 

[unregistered]

 

[mercury14]

It means, my unimaginative friend, that they sense inflation and the shrinking value of the dollar, and want to use fighting drug industry money laundering as an excuse to reduce their dollar holdings.

And that has nothing to do with hyperinflation either.

 

[Karen Kraft]

RubDownSow stops in after rub down:

http://i53.photobucket.com/albums/g79/jbravo688/Temptation-From-Pig-o.jpg

I thought it was a violation of the Terms of Service to post other members' photographs.

 

[RobDownSouth]

I thought it was a violation of the Terms of Service to post other members' photographs.

Yup, the same TOS violation that got your Xanophil ID banned when you posted my kid's picture.

 

[Karen Kraft]

Yup, the same TOS violation that got your Xanophil ID banned when you posted my kid's picture.

I doubt that you have any kids; Xanopil was an alt you and LT created. Everyone here knows it.

Hahahahahaha.

If you DID have any kids in real life, I presume you fuck them in the ass.

But since no female on the planet would ever.......

* puking sounds *

.... sorry. I'm back....

You are no doubt a virgin.

Imagine that, a virgin at 62.

 

[RobDownSouth]

Twenty eight months on, the middle east is still in turmoil (AJ blames Obama) but still nary a peep about hyperinflation in the good ole USA.

Thirty six months into "Karen's" bold 60 month prediction, and still nary a peep about hyperinflation in the good ole USA.

Time is running out...tick...tick..tick....

 

[miles]

I thought it was a violation of the Terms of Service to post other members' photographs.

That can't be him....he's not wearing crotchless panties.

 

[RobDownSouth]

That can't be him....he's not wearing crotchless panties.

^^^Classic Repressed Homosexual

 

[off2bed]

It means, my unimaginative friend, that they sense inflation and the shrinking value of the dollar, and want to use fighting drug industry money laundering as an excuse to reduce their dollar holdings.

As the dollar ceases to be the world's reserve currency due to our government's complete bungling of economics, foreign banks will stop investing in dollars. Some have already started doing that. China knows we will never pay off our debt to them because it's impossible, but they will find a way to get repaid, and its result will be hyperinflation. They will undermine our currency and force us to print more fiat money.

But it's ok, liberals can play fiddle songs about cutting Medicare and Medicaid as Rome burns.

 

[RobDownSouth]

Twenty eight months on, the middle east is still in turmoil (AJ blames Obama) but still nary a peep about hyperinflation in the good ole USA.

Forty....FORTY.... months on, the Middle East is still in turmoil (AJ still blames Obama) but still nary a peep about hyperinflation in the good ole USA.

 

[VaticanAssassin]

Is this thing on?
Where'd everybody go?
Guess who's back?
Back again….
Ken is back, tell some…men

 

[rosco rathbone]

As the dollar ceases to be the world's reserve currency due to our government's complete bungling of economics, foreign banks will stop investing in dollars. Some have already started doing that. China knows we will never pay off our debt to them because it's impossible, but they will find a way to get repaid, and its result will be hyperinflation. They will undermine our currency and force us to print more fiat money.

But it's ok, liberals can play fiddle songs about cutting Medicare and Medicaid as Rome burns.

This is like a compendium of wrong.

http://neweconomicperspectives.org/p/modern-monetary-theory-primer.html

 

[RobDownSouth]

Bumping because Vetty was yammering about hyperinflation today.

Forty....FORTY.... months on, the Middle East is still in turmoil (AJ still blames Obama) but still nary a peep about hyperinflation in the good ole USA.

Forty Three months on, the Middle East is still in turmoil (AJ still blames Obama) but still nary a peep about hyperinflation in the good ole USA.

 

[rosco rathbone]

Forty Three months on, the Middle East is still in turmoil (AJ still blames Obama) but still nary a peep about hyperinflation in the good ole USA.

It's coming!

 

[RobDownSouth]

Forty Five months on, the Middle East is still in turmoil (The RWCJ still blames President Obama) but still nary a peep about hyperinflation in the good ole USA.

 

[mercury14]

Forty Five months on, the Middle East is still in turmoil (The RWCJ still blames President Obama) but still nary a peep about hyperinflation in the good ole USA.

None of them will admit they were wrong, ever. And they'll look you straight in the eye and tell you they haven't made any wrong predictions.

 

[JohnnySavage]

I doubt we will see hyperinflation, but starting in about 5 years we will probably average 15 - 20% inflation per year.

So you are saying this will happen next year?


Well Johnny, probably not by next year because people have continued to loan Uncle Sugar money for no interest. Government debt generally matures in about 7 years, so every 7 years the government has to refinance that debt. Eventually people will stop loaning the government free money and refinancing the debt will cost more.

I didn't see the EU staying mired in recession while the US economy recovered.

 

[RobDownSouth]

Read this:

Dick Morris

Coming next year: Obama's inflation
By Dick Morris
Posted: 03/03/09 04:25 PM [ET]

Hey, how bad was that inflation in 2010, Vetty? Yeah yeah, we know, you never claimed you said what you said, you were only passing this along.

The stock market has figured out his priorities and is responding accordingly. One can only hope that voters also eventually realize what is going on.

Unintentionally hilarious.

It sure did and they sure did!

 

[Pairaclities]

I have not read all through the thread. To post a response to the OP though, you need to re-visit the history books.
The hyper-inflation period of the Weimar Republic was between June 1921 and January 1924. Sorry , no math needed yet.