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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Elroy Jetson who wrote (32801)5/19/2005 6:13:20 PM
From: Jim Willie CB  Read Replies (1) of 110194
 
we agree for the most part

money created in the USA has gone to China in droves
we have exported inflation
they have seen bigtime rising prices in China and have overbuilt factories to acccommodate both US and world demand

but we import the finished products into the USA
we have had a quick deflationary effect here
since the mechanisms and avenues have been built thru bad investment

I dont know that months are involved, more like years
did the Chinese factories get built in months?
did US shopping malls get built in months?
did credit card balances balloon in mere months?
did the US household debt suffocation take months to realize?
did entire subdivision housing developments get built in months?
did the US housing bubbles get noticed in months?
no way in all three, years instead

I still wish we would say "rising prices" instead of inflation
and "falling prices" instead of deflation
an orange grove freeze does not cause price inflation
but rather rising prices from reduced supply
a UAW-inspired glut of cars does not cause price deflation
but rather falling prices from aggravated heavy supply

again, most inflation debates are loaded with bad vocabulary
JUST LIKE THE USGOVT WANTS IT -- PURE CONFUSION
that justifies their ongoing reckless policy

/ jim

p.s. comments like "disservice" belong where the sun dont shine, my man
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