SI
SI
discoversearch

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 : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (137809)9/29/2013 3:45:12 AM
From: mel221  Read Replies (1) | Respond to of 149317
 
>> Its not inflation. Its buying low and selling high. That's what flippers and stock investors do.

Its too much money chasing to few goods; inflation. But since the 99% are not purchasing these coastal homes, the inflation is not readily visible. Its very apparent to those receiving free Bernanke bucks.

>> .........we were faced with a serious bout of deflation and he stopped that from happening

He (Bernanke) hasn't stopped anything. If he halted the bond buying tomorrow, deflation would instantly return. That's why he cannot even begin the taper.

>> That is hardly the stuff of nightmares that MM is suggesting.

The disconnect between you (and others) and MM about chicken has been interesting. While you both use the word chicken, neither of you are talking about the same chicken... In other words, you are both right.

>> You Rs want a revolution? Well we'll give you a revolution but it won't the one you all were planning on.

The last time the Rs dragged Obama into the debt ceiling debate, they got more than they hoped for with the sequestration plan. Who knows what capitulations Obama will make this time. WharfRat makes many good points claiming that Obama is more conservative than Reagan. Obama just has to talk liberal to keep his supporters on board. His actions really don't matter to his supporters.

But hey, I've got popcorn, some grass fed butter and my air popcorn popper is all warmed up. Let me know when the show starts!