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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (757466)	12/13/2013 3:11:39 PM
From: Bilow	Read Replies (1) \| Respond to of 1574506

Hi mindmeld; Re: "So if we are still in a depression 4 years after 2009 and the tsunami of QE, ZIRP, and fiscal stimulus, is it then time we reconsider those policies, given that they have failed so dramatically?" Market economies have been having depressions for 800 years. They last about 10 years. Four years is too early to say much but it does appear that this one is not as bad as most in the past. If the economy still sucks much longer than 10 years after 2008 we need to reconsider policies. Most depressions last less than 15 or 20 years so you can get back to me on this subject around 2023 to 2028. Re: "You may measure inflation by the price of gold, but the 99% measure inflation by the price of their rent or the food they eat." Prices are always going up and down due to various changes in the economy, it's always possible to pick items that have gone up in price and yell "hey, inflation!!!". But it's also always possible to pick items that have gone down in price. Here's the 5-year price chart for aluminum. Where's the inflation??? If you've got the charts showing inflation, bring them on. You know the CPI index isn't arguing in your favor. So bring us your proof. -- Carl