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


To: RetiredNow who wrote (148114)1/5/2015 11:42:18 PM
From: tejek  Read Replies (1) | Respond to of 149319
 
Oh and btw, they won't be able to drive inflation up with QE. That was a Fed induced mirage. One question for you: has Abenomics been able to ignite inflation in Japan? If inflation igniting from QE didn't work in the US and Japan, then it won't work in Europe either. We need the kind of inflation that comes from putting corporate capital to work to drive up supply and increase wages, which will spark demand and drive up prices. We don't need the kind of inflation that comes from currency devaluation, which kills the 99% as their wages stagnate in the face of their dollar not going as far as it used to. Two kinds of inflation: one good and one bad. This is what most people don't understand.

You're dealing withthree different countries in three diff situations in roughly three different time periods. Japan's problem is a declining, insular population.....has been going on for years and predates the Great Recession. EU's problem is it has done what conservatives told them to do since the Great Recession. The US did most things mostly right since the GR, and while prospering, is not experiencing very much inflation because of slow demand in the rest of the world [see Japan and the EU]. Apparently, you don't know when you have a good thing on your hands.

And let me remind you that just two years ago, you were predicting the mother of all inflation......................so there's that.



To: RetiredNow who wrote (148114)1/7/2015 11:45:36 AM
From: tejek  Read Replies (2) | Respond to of 149319
 
Why Goldman Sachs (GS) Believes JPMorgan Chase (JPM) Should Be Split Up

Bidness ETC



To: RetiredNow who wrote (148114)1/8/2015 2:05:25 AM
From: tejek  Respond to of 149319
 


* Eurozone has a problem: "The European Central Bank has another reason to unleash the full force of its stimulus powers. On Wednesday, an official report showed that consumer prices in the eurozone fell 0.2 percent in December from a year earlier."