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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (95887)11/24/2010 10:49:38 AM
From: Sedohr Nod2 Recommendations  Respond to of 224729
 
Yeah yeah yeah......I heard, circa 1980, that interest rates would never be low again in our lifetime.

My costs are up....economists can go love a rolling donut.



To: Kenneth E. Phillipps who wrote (95887)11/24/2010 3:59:33 PM
From: chartseer  Read Replies (1) | Respond to of 224729
 
Hey Bernie while you have the presses going print up a few hundred billion for the IMF for Ireland.

comrade chartseer



To: Kenneth E. Phillipps who wrote (95887)11/24/2010 5:50:35 PM
From: CF Rebel2 Recommendations  Read Replies (1) | Respond to of 224729
 
Economists are saying it will take until 2013 for inflation to get to 2%.

Yeah, they're the same idiots who couldn't see the recession coming. The government's meddling in the economy makes all predictions questionable and useless. Adherence to true free market principles, including The Rule of Law, should have already seen us through most of the bad that's coming. But the morons in government are price fixing stocks, bonds and real estate in a doomed attempt to preserve the fantasy-world status quo.

There's still a good chance of a hard bout of deflation before inflation really kicks in. If so, deflation will be in real estate, big ticket consumer items and who knows what else. It is possible that there will be concurrent inflation in foods and other commodities. Think, inflationary depression. That would be the moment of realization for Americans that the U.S. has become, economically, a third world country.

There's nothing more useless in today's economy than economists' predictions.

CF Rebel