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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (162873)11/8/2008 1:00:37 PM
From: Lizzie TudorRead Replies (1) | Respond to of 306849
 
yeah I actually agree.

And we can't inflate our medicare debt away anyway- it just rises FASTER than the rate of inflation, even if inflation was 20%.

Its just that I am stumped as to the outcome of what Obama has to do. We have already spent a trillion this year, what about next year, and what about healthcare which HAS to be spent to avoid the 32 trillion expenditure as a liabiity.

I also think he has a window to force through alternative energy which is costly but smart in the longrun. Republicans block Alt.e, and so if dems want something now is the time. Inhofe has single handedly blocked very alt.e package they have ever tried to pass.



To: Elroy Jetson who wrote (162873)11/8/2008 2:50:19 PM
From: neolibRead Replies (1) | Respond to of 306849
 
and governments around the world have created roughly $6 trillion in various programs to deal with this problem.

Two additional points to keep in mind, which much of the headline reporting fails to note: 1) Much of that 6T is authorised, not actually currently used, and 2) much of that which is currently in use is not the same as new money.

It would be nice if some website dissected these details and showed the equivalent monetary products that have been created, and their current balances.



To: Elroy Jetson who wrote (162873)11/8/2008 4:20:41 PM
From: Live2SailRespond to of 306849
 
The ECRI agrees with you. Their Future Inflation Gauge is at an 81-month low. No inflation, much less hyper-inflation in sight.

(Maybe someday ECRI will pay me for being their pimp. I feel that they are the most accurate prognosticators out there.)