He worked with the democrats on the tax increase and after he agreed to it, they turned on him. Like typical Democrat liars do. But at least you admit that when he 'does the right thing' Democrats play politics.. just as they do now.
He worked with the democrats on the tax increase and after he agreed to it, they turned on him. Like typical Democrat liars do. But at least you admit that when he 'does the right thing' Democrats play politics.. just as they do now.
- Oct 10, 2000
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As for your first link, you misquoted what the title said, "Hyperinflationary Depression Remains Likely As Early As 2010." You missed the word "likely," and the words "as early as 2010." Regardless, that is an irresponsible, or just inaccurate claim, so I'll give you partial credit.
As for the 2nd link, Banshee's post, I give you no credit. I don't see him making any kind of predictions for hyperinflation coming soon. Whether or not we are in the "early stages" of hyperinflation is relative, depending on what he meant by that. Certainly, he didn't seem to make any claims about hyperinflation coming "soon," or at least by Feb 2010.
Ha you work with miss cleo I take it?
I'm 100 % sure that maybe there will be rain outside at some point. The winning lottery numbers are 21 32 43 93 12, guaranteed they will win soon. Detroit Lions are in the early stages of winning the superbowl.
This is EXACTLY why Austrian economics are a joke in both academia and professional finance.
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Common dude, look at the numbers, $600b/year. That's what we need to get back to. Not talking about % of GDP. Just the cash.
Wrong. Show me three Democatic leaders criticizing his breaking his 'no new taxes' pledge as the wrong policy, as opposed to his having been wrong to meake the pledge and then break it.
You are repeating the same thing. It was wrong for him to to the 'right' thing in your mind because he said he wouldn't? Progressives believe the end justifies the means.. so Bush going against his pledge and doing the right thing (in your mind) should have been the ONLY thing that matters to you. Or are you not the progressive that you claim to be?
Red Dawn
Elite Member
- Jun 4, 2001
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http://en.wikipedia.org/wiki/Ad_hominem
This is the common response to every solid piece of evidence presented against the Liberal bias.
It's becoming more and more noticeable by the day: you guys don't have a defense to these piercing questions that need answers. Only a good offense.
Red Dawn
Elite Member
- Jun 4, 2001
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Typical, you can dish it but when someone even remotely returns it you cry like a little bitch.
bamacre
Lifer
- Jul 1, 2004
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:\:\
Am I claiming, or did I claim we'd have hyperinflation? No. The whole OP is nothing but strawman.
bamacre
Lifer
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Bullshit. I have my moments where I will go after people personally sometimes. I've made a decision to avoid it when I can. Usually when I cross that line the mods let me know (Which has NOT been recently). The amount of name calling and personal attacks you engage in FAR outweighs me, because I know if I do it I'm going to be held responsible. Stop making shit up to justify your continued lack of substance and increase name calling and personal attacks.
Christ, its almost like you are using the 'Buh Buh Booooosh' argument here.
Red Dawn
Elite Member
- Jun 4, 2001
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Why did you take what I said as a personal ad hominem attack. I was just being factual. Imagine I had said it to a turnip. Can you see how reasonable it would be not to waste words on a turnip. It's not my fault the vegetable I was addressing is very much like a turnip, is it? I'm not responsible for the fact that he doesn't think but responds with a program. These are all just facts about him. His reaction to those facts and your own, since you so resemble him, is not my fault. You and he are complete blind fools, and I take no joy in that fact. It is just how it is. This was all more waste of words, do you see?
For all your complaining about personal attacks, saying BS isn't any better, really.
Ah, the straw man. Let's not hear you throw stones on fallaces until you post better than BS.
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Dude, the post wasn't addressing you directly. It was generally dispelling the ron paul nuttery thesis that US is headed to weimar republic hyperinflation.
It's funny that for some reason you feel compelled to defend the notions with weasel words.
bamacre
Lifer
- Jul 1, 2004
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And has anyone provided one single link to a "paulbot" saying we are headed straight to "hyperinflation," or specifically, that we would have hyperinflation by now? Nope, not one. Why did you create this thread? You said it yourself. It's strawman. And I'm not taking your OP personally, I just knew you guys wouldn't be able to provide a link. I knew it was strawman, and just wanted to call you out on it. You attempted to make people look foolish, and instead, you've made yourself look foolish. Karma's a bitch.
And has anyone provided one single link to a "paulbot" saying we are headed straight to "hyperinflation," or specifically, that we would have hyperinflation by now? Nope, not one. Why did you create this thread? You said it yourself. It's strawman. And I'm not taking your OP personally, I just knew you guys wouldn't be able to provide a link. I knew it was strawman, and just wanted to call you out on it. You attempted to make people look foolish, and instead, you've made yourself look foolish. Karma's a bitch.
Peter Schiff?
First
Lifer
- Jun 3, 2002
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Also, what's sad about these threads is that even when predictions are quite thoroughly proven wrong over time and an ideology soundly defeated over decades, you still get the nutter contingent that, when presented with evidence such as (for example) crazies like Ron Paul literally saying there's a "very real possibility of hyperinflation in the near future", something he said exactly 2 years ago this month, that even then the nutter contingent considers the OP to still be strawman. At that point you know you've already won the argument, since everyone see it's right there in black and white. So choosing to get into a syntax/diction argument is pointless with people who have little skill in actually interpreting said language to begin with. But you can still laugh and point of course.
Good thread.
Good thread.
There is a saying I once heard regarding the financial market that says, "even a dead cat will bounce if it falls from a great height". I think what we are seeing is the bounce. Many people expected a high level of inflation this year or the next. Since that didn't materialize, they are pulling their investment off of "TIPS" to invest it into something that's more profitable in the short-term (which makes absolute sense). It's just taking a little longer for inflation to set in this time because the whole global economy is in a recession...not just one country in particular. When it happened to Germany back 1923 it was because Germany was the only country printing money 24/7, which caused its currency to lose value against the others. OP, if you carefully read what you posted you will see that higher than normal inflation is expected, but it is all a matter of when it will kick in. Will it be hyperinflation when it hits? Who knows? Personally, I think so.
- Oct 10, 2000
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Also, what's sad about these threads is that even when predictions are quite thoroughly proven wrong over time and an ideology soundly defeated over decades, you still get the nutter contingent that, when presented with evidence such as (for example) crazies like Ron Paul literally saying there's a "very real possibility of hyperinflation in the near future", something he said exactly 2 years ago this month, that even then the nutter contingent considers the OP to still be strawman. At that point you know you've already won the argument, since everyone see it's right there in black and white. So choosing to get into a syntax/diction argument is pointless with people who have little skill in actually interpreting said language to begin with. But you can still laugh and point of course.
Good thread.
We'll technically he's not wrong, since you didn't specify what 'near future' and he only said there was 'possibility', not that there will be hyperinflation. Let's skip over the fact that people were crying about weimar republic and civil war year back....
So there, I'm never wrong because i use weasel word qualifiers in my predictions! (on a similar note, I gotta start adding weasel words to all the stuff i do at work... "what do you mean we lost 50% on RMBS and it's my fault, i said that that asset class is on it's way to outperforming in the future, not that you won't lose money. ")
Again, there is a reason why the "Austrian school" of economics is a joke all around.
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Inflation will pick up if the Fed doesn't raise interest rates and reserve ratios. Also, all the stimulus money hasn't been released. Prices have also gone up where I live.
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