Why do Republicans keep talking about inflation?There isn't any sign of price inflation excluding a few highly speculated commodities. We could use a little inflation of things... like Chinese exports, for example, if we are going to create jobs here.
More importantly, there is no inflation--without Government spending, we'd have the opposite of inflation, and there is no worry yet about the bond market because banks are hording T-bills trying to recaptalize from their losses.
In fact, the bond yeild is now negative.
Inflation? Who is smoking what?
Short-term US interest rates turn negative
By Michael Mackenzie in New York
Published: November 20 2009 01:40 | Last updated: November 20 2009 01:40
Short-term US interest rates turned negative on Thursday as banks frantically stockpiled government securities in order to polish their balance sheets for the end of the year.
The development highlighted the continuing distortions in the financial system more than a year after Lehman Brothers' failure triggered a global crisis
WTF
Glenn Beck tells them to.
g
from what I can tell...
they seem to ASSUME that Obama is printing tons of money to pay off the debt...
yet, I don't think that is happening...
koalatcomics
apparently liberal assistance checks mask the real effect of obama marxism for you. been to the grocery store lately? as a thirty five year veteran of grocery store work at management level i can tell you, inflation is alive and well WITH LIBERAL PRICE SUPPORTS in the food buisness.
recently, for example, the five dollar box of cereal has become a reality, and check out the size of the latest candy bar or soda to determine just how real the results of obama deficit spending really are.
i do agree with you on one point here. whos smoking what is an apt phrase, but unfortunately for you, on the liberal end.
someday hopefully you will understand the cancerous nature of obama marxism when conservative voters bail out this oversite for you.
Joe in texas
The treasury department is printing money faster than ever before in an attempt to stimulate the economy.
Any time you increase the money supply you necessarily dilute the value of your currency.
If your money is worth less than goods will cost more creating inflation.
The entire world is worried about the value of the US dollar apparently except you.
The International community is advancing the idea of dropping the US dollar as the reserve currency and replacing it with something callled "special drawing rights"
The Zeitgeist
@Joe in Texas:
Sadly, you are 100% wrong. The treasury doesn't print our money.
A private bank called the Federal Reserve prints our money.
And far worse than the inflation they create is the interest they charge us FOR OUR OWN MONEY!
Thus, the government will ALWAYS be in debt as long as the Fed is still around.
Orignal From: Why do Republicans keep talking about inflation?
No comments:
Post a Comment