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Videos like this have always bugged me because they paint half the picture. According to usinflationcalculator.com, prices have risen by...
Oil and gold have completely different levels of significance to the world economy's productivity. Everyone in the world depends on oil as a...
IMHO, it was both. The oil supply shock led to skyrocketing prices, and Nixon's price ceilings created excess demand. At the end of the day, we...
No, bigtexxx I wasn't playing dumb. I was actually curious what your response would be. Once again, you're giving me a response based on...
I personally believe government intervention was necessary, but it intervened in the wrong place. I haven't thought too much about the specific...
Oops sorry, I misspoke. Banks are allowed to invest excess reserves in "assets." The vast majority of the time, these are loans (assets for a...
What proof? That's how the discount window works. Any banks that are short on required reserves can either borrow directly from the Fed or from...
I guess you and I see things a little differently. About 70% of U.S. debt is domestic (nowhere near Japan's percentage, but still very high)....
Japan has been running massive deficits forever. Debt-to-GDP ratio is well over 220% whereas Greece's debt is roughy 115%. Yet, Greece is...
Nope. Quantitative easing bolsters bank reserves and nothing else. It's (like I said before) operationally equivalent to printing a trillion...
bigtexxx, if you don't mind me asking, how do you see fiscal discipline helping anyone right now? We can see firsthand what's happening in...
texx isn't getting under my skin. I like the way he adroitly steered the conversaton away from "Obama causes inflation!" to a discussion as to...
Oh for crying out loud...I'm not cherry-picking statistics. Before you "educate" me, you might want to educate yourself first using an economics...
1. You claim that Obama is responsible for higher commodities prices because he devalued the dollar by cranking the printing presses. 2. I show...
...at the same rate it's been going since 2006 (when the economy was a raging bull and we had a different president). The claim that Obama...
You might want to check out my post about the money supply in the Obama Valentine's Day thread. The money supply hasn't exploded like you think...
Can't say I disagree with you insofar as it's simplistic to view stock indices as pure measure of economic strength. However, the economy hasn't...
I don't understand why you even have a problem with this Hightop. If some government at the local level wants to institute what you believe is...
Next, I suppose automobile manufacturers and/or car dealerships will be required to monitor every individual who goes above the speed limit in...
True...but I've never seen a convincing argument as to why inflation should be the primary concern right now. I don't claim to be an...
