So, is what you are saying, that money hasn't become less "valuable" because it has been exchanged at an increased rate? Basically it zeros out (or...comes close?) There's more actually money supply, but since more of it is exchanged, it doesn't cause inflation, or as much?
retrospooty
Platinum Member
- Apr 3, 2002
- 2,031
- 74
- 86
Wow... JS80 just went over the top. What a nutjob. We have all seen people get overly dramatic on political forums, but damn... that was way too far.
He just went from whiny rightwing douchebag to total raging nutcase.
Zebo
Elite Member
- Jul 29, 2001
- 39,398
- 19
- 81
Why the hell would anyone be jealous of Britain? Sorry as your Church of England and leaders bow to a foreign religion and the country is about 25 years away from Sharia it's you who will beg to come to USA to partake of rights and freedoms you claim to appreciate. Elizabeth I is most certainly spinning in her grave!
Correct, provided the demand for the currency is there it'll keep its value. As you can see from current interest rates, demand for the $ is just fine. Hyperinflation in a deflationary environment is a boogeyman pimped by people who have no idea how finance or economics work.
StageLeft
No Lifer
- Sep 29, 2000
- 70,150
- 5
- 0
I saw this. Typical predicable RP, which a) turns most of his audience off with groans of "not him again" and b) gets a lot of things right.
You just know that people in the audience chuckle every time he gets up and just ignore/mock him. He does have some valid points, though.
You just know that people in the audience chuckle every time he gets up and just ignore/mock him. He does have some valid points, though.
From the OP
From me:
Take your off topic discussions elsewhere, like to PMs. And while you're at it, cut out the nasty attacks. If you cannot keep this somewhat clean in here, I will lock it up.
C'mon guys, a modicum of civility please???
esquared
Anandtech Senior Moderator
From me:
Take your off topic discussions elsewhere, like to PMs. And while you're at it, cut out the nasty attacks. If you cannot keep this somewhat clean in here, I will lock it up.
C'mon guys, a modicum of civility please???
esquared
Anandtech Senior Moderator
what if: All the pie in the sky, hold hands, and put flowers in our hair, as we sing we are the world, and stick our heads in the sand is the beginning of the end?
BoberFett
Lifer
- Oct 9, 1999
- 37,562
- 9
- 81
Deflationary because consumption hit a wall, to which the response is predictably government spending trillions of dollars it doesn't have and will have future inflationary effects.
And on what planet do you see the demand for the dollar is high? High compared to the Zimbabwean dollar, sure.
Deflation for many reasons. For the fact that "wealth", in the form of housing, stocks, and current consumption of future money through credit, have fallen or contracted.
Obviously the demand is much higher recently compared to the Euro, Pound, Ruble, Frank, among others.
Appledrop
Platinum Member
- Aug 25, 2004
- 2,340
- 0
- 0
<3 ron paul
hes the man, the macdaddy, you better listen to the guy alright
and legendkiller, what a joke; you just know hes gonna come in here all angry spouting nonsense until hes satisfied he's won (the point where nobody cares to refute him)
and the dollar strength... ehh, that is only short term I expect, all the trillions of debt can not be paid back without severe devaluation
hes the man, the macdaddy, you better listen to the guy alright
and legendkiller, what a joke; you just know hes gonna come in here all angry spouting nonsense until hes satisfied he's won (the point where nobody cares to refute him)
and the dollar strength... ehh, that is only short term I expect, all the trillions of debt can not be paid back without severe devaluation
Angry nonsense? ROFL, only to gits like you who can't even refute simple facts. Only your lack of intellect and knowledge prevents you from refuting me, not you not caring.
I'm not sure I understand what you are saying in this paragraph. I thought if the growth of money exceeded the growth of goods and services in an economy, then inflation would result. What exactly do you mean by "transacting" US dollars? Doesn't that just mean spending them? How does the rate of spending money affect inflation? As I said earlier, I thought inflation was the result when the supply of money grows faster than GDP, i.e. a larger number of dollars chasing a proportionally smaller amount of goods and services.
BoberFett
Lifer
- Oct 9, 1999
- 37,562
- 9
- 81
Why do you tapdance around the future inflation? Is it because you know it's going to happen but don't want to admit the Paulbots are right about something? The only way out of this mess is higher inflation than we've seen for decades. Politicians may not control the Fed, but they sure can push it's hand through deficit spending. How many trillion dollar "stimulus" bills can be funded through debt before people quit loaning the US money? What will the Fed do at that point but crank up the press?
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