Politics for Pros- moderated Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: skinowski who wrote (609715)	10/1/2016 5:33:49 PM
From: frankw1900	Read Replies (1) of 793931

1920s Germany the inflation was deliberately caused by the govt to screw the French etc out of their war reparations. They printed the money. 1970s inflation caused by period of full employment through out West and then eventual wage/price spiral. Argentina is always the Peronista deal promising full employment,plus patronage, in every province. Eventually they get wage/price inflation, govt borrows money to bail things out and since nobody pays taxes eventually defaults. These days price of real assets is being pushed up by Chinese, Russian, and other hot money looking for safe, stable place to rest, and also pension and insurance operators looking for income. Thus real estate bubbles and rising rents for underclasses around the world This rise in underlying asset cost is diminishing agricultural producer margins and they are raising prices to make up. (See Pippa Malmgren). So it looks like stagflation of 70s, but different cause and different result: Then was debtors' paradise now is creditors' paradise. Then the lenders went on strike. Now, or possibly soon, borrowers may strike (and I don't mean not borrow).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next