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Did you guys just see that? This is an example of what I was talking about above. I'd like to thank dixie for so quickly dropping in and giving us this excellent example.
Jobs vs. Work
- Thread starter Dixie - In Memoriam
- Start date
Did you guys just see that? This is an example of what I was talking about above. I'd like to thank dixie for so quickly dropping in and giving us this excellent example.
Dixie - In Memoriam
New member
LMAO... I just asked you a question for clarification. Are you saying Deflation in the price of consumer goods is not Deflation? If so, what is it?
Please answer if you can.... try not to drool or say 'duh' when you do.
Sammy Jankis
Was it me?
Now that people are catching on the insanity of fiat currency, there's an effort on to distort all economic reality.
Consider SF's "Inflation is good" campaign, and before that it was the "inflation has nothing to do with money supply" campaign; consider as well the stupidity of watermark for wasting his time reading the propaganda.
Consider SF's "Inflation is good" campaign, and before that it was the "inflation has nothing to do with money supply" campaign; consider as well the stupidity of watermark for wasting his time reading the propaganda.
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The Almighty
your last paragraph was laughable at best. So I deleted it. Go back yourself ditzie... re read the thread. Then come back here and tell me who it is that has been ignoring what the other has posted.
Side note... you cannot seperate a deflationary spiral from deflation.
Sammy Jankis
Was it me?
Sure you can. That's like saying one beer always equals alcoholism.
Some inflation wouldn't be so terrible, but using printing presses to hide all of our economic ills is a huge mistake. But one's attitude towards inflation depends on one position in the money distribution hierarchy, that's why you're an asshole who can't tell the truth.
Dixie - In Memoriam
New member
Man, I love it when AssHatClown does my fisting for me! *high fives* . *fist bump*
SF, this is the whole argument in a nutshell. You believe, for whatever reason, that "deflation" is the same as "deflationary spiral" and I do not. Now, it seems to me, you need to provide me with some evidence both are the same. I can prove with your own words, I am correct, they are not the same thing... You stated: "Because if you do not check that... it leads to a deflationary spiral." How can something lead to something it already is? It's impossible.
I took the opportunity to email Walter E. Williams on this, I told him of our debate, and presented my example of a computer keyboard costing $175 in 1978 vs. $12.95 in 2008... here is what he wrote me in response:
Briefly: Inflation/deflation are monetary phenomena and both lead to
misallocation of resources. The falling price of your keyboard is deflation as a
result of productivity gains that lower selling prices and raise our
standard of living.
Cheers.
So neither is "better" than the other, and they both lead to misallocation of resources. The price 'deflation' in my example is due to productivity, and increases our standard of living. I would assume, an inflationary example, would decrease our standard of living.
It is not good economically to have rampant inflation or deflation, but that is not the argument here, we all seem to agree on that. The argument is over which phenomenon is better to have in moderation. Inflation decreases the value of money and standard of living, Deflation increases the value of money and standard of living.
Man, I love it when AssHatClown does my fisting for me! *high fives* . *fist bump*
SF, this is the whole argument in a nutshell. You believe, for whatever reason, that "deflation" is the same as "deflationary spiral" and I do not. Now, it seems to me, you need to provide me with some evidence both are the same. I can prove with your own words, I am correct, they are not the same thing... You stated: "Because if you do not check that... it leads to a deflationary spiral." How can something lead to something it already is? It's impossible.
I took the opportunity to email Walter E. Williams on this, I told him of our debate, and presented my example of a computer keyboard costing $175 in 1978 vs. $12.95 in 2008... here is what he wrote me in response:
Briefly: Inflation/deflation are monetary phenomena and both lead to
misallocation of resources. The falling price of your keyboard is deflation as a
result of productivity gains that lower selling prices and raise our
standard of living.
Cheers.
So neither is "better" than the other, and they both lead to misallocation of resources. The price 'deflation' in my example is due to productivity, and increases our standard of living. I would assume, an inflationary example, would decrease our standard of living.
It is not good economically to have rampant inflation or deflation, but that is not the argument here, we all seem to agree on that. The argument is over which phenomenon is better to have in moderation. Inflation decreases the value of money and standard of living, Deflation increases the value of money and standard of living.
Isn't that the kick ass bowler guy? I loved that guy until I found out he was one of those insufferable douchebags that signs their emails with "Cheers."
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The Almighty
Listen ass munch... while you can have deflation without it leading to a deflationary spiral, you cannot have a deflationary spiral without deflation. To pretend as ditzie did that they are two seperate things is idiotic. One leads to the other.
He continues to cling to my comment that deflation due to efficiency improvements is ok and then pretends that is what is happening now. Which it is not. What we are seeing now is a breakdown into a deflationary spiral. The goal is to combat this, because while hyper inflation is bad, a deflationary spiral is worse.
Sammy Jankis
Was it me?
Man, I love it when AssHatClown does my fisting for me! *high fives* . *fist bump*
I never realized until the last couple weeks what a dishonest douchebag SF is. I guess all our colors are coming out, now that the banker NWO is upon us.
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The Almighty
Well, i have maintained since the start of this 'argument' that deflationary spiral is bad, and leads to depression. I understand the concept of deflation creating a real economic problem across the board, once we have entered a deflationary spiral. That isn't what is happening now. Too many things are not 'deflating' in price... I paid $6 for lunch today, a year ago it was $5... two years ago, it was $4... Milk is almost $4 a gallon now, a year or two ago, it was below $3 a gallon. Gas has just recently begun to 'deflate' in price, and thank God!
My point of this entire debate has been, "deflation" is not bad! Consumers love deflation! It makes money more valuable! Plain old common frikkin sense should tell you, that is not a bad thing! As opposed to Inflation, and what happens in an inflationary economy... I'll take my chances with deflation any day! I'd rather my money be worth more than less! Waterhead would obviously rather his money be worth less! Tell ya what Waterhead... why don't you send me half of all your money, that way, the remaining money you have will have half the buying power, and you will be ecstatic!
Wow.... only a true mental midget would look at things like the value of his lunch or a gallon of milk and say....'see deflation isnt that bad'. All the while the smaller items like home values have dropped by double digits in price. You know, those little things upon which peoples debt is based.
Most are aware of this. I don't know why you're wasting your time with these idiots.
FUCK THE POLICE
911 EVERY DAY
An example of the flaw in Asshat's thinking that allows him to make hasty generalizations like "The more deflation, the better!" is whenever I convinced him that we should put a tax on our exports... essentially the opposite of raising a tariff, by telling him that we shouldn't send our goods overseas to benefit other people. If you just mention foreigners, jews, or inflation to him you can get him to believe anything.
Sammy Jankis
Was it me?
Yeah, and all heroine users drank milk, therefore milk is a gateway drug. You're moronic.
Not necessarily.
And mass money printing makes everyone's life savings worth less and less. It really depends on your point of view. Your confident that your douchebag industry will be flush with new money, so you don't care about the impact on people who actually work for money.
FUCK THE POLICE
911 EVERY DAY
When the price of computers go down, that's deflation of an individual item. But the economic condition of deflation is a bad thing. Especially since our efficiency gains are in line with other years, so there's no indication that the current deflationary trends are due to massive efficiency gains.
Usually when overall economic efficiency improves, inflation happens, because people will be borrowing to invest in the new invention. For instance, in the 90's the fed had to reign in on interest rates to discourage too much borrowing for the bubble and the resulting inflation.
Usually when overall economic efficiency improves, inflation happens, because people will be borrowing to invest in the new invention. For instance, in the 90's the fed had to reign in on interest rates to discourage too much borrowing for the bubble and the resulting inflation.
Sammy Jankis
Was it me?
You're babbling again. And just making up stupid shit.
Sammy Jankis
Was it me?
SF loves printing money so much, he has framed a new Deflation Boogeyman to get his tiny little rocks off.
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The Almighty
Man, I love it when AssHatClown does my fisting for me! *high fives* . *fist bump*
SF, this is the whole argument in a nutshell. You believe, for whatever reason, that "deflation" is the same as "deflationary spiral" and I do not. Now, it seems to me, you need to provide me with some evidence both are the same. I can prove with your own words, I am correct, they are not the same thing... You stated: "Because if you do not check that... it leads to a deflationary spiral." How can something lead to something it already is? It's impossible.
I took the opportunity to email Walter E. Williams on this, I told him of our debate, and presented my example of a computer keyboard costing $175 in 1978 vs. $12.95 in 2008... here is what he wrote me in response:
Briefly: Inflation/deflation are monetary phenomena and both lead to
misallocation of resources. The falling price of your keyboard is deflation as a
result of productivity gains that lower selling prices and raise our
standard of living.
Cheers.
So neither is "better" than the other, and they both lead to misallocation of resources. The price 'deflation' in my example is due to productivity, and increases our standard of living. I would assume, an inflationary example, would decrease our standard of living.
It is not good economically to have rampant inflation or deflation, but that is not the argument here, we all seem to agree on that. The argument is over which phenomenon is better to have in moderation. Inflation decreases the value of money and standard of living, Deflation increases the value of money and standard of living.
Wow ditzie... you actually got him to respond with an answer that has already been given to you 50 posts ago. I already stated that decreasing pricing due to greater production efficiencies is fine. I already stated that both inflation and deflation can lead to recessions.
The point ditzie... is which is worse? Which is harder to control? Deflation is worse because of the nature of our economy. Period. If you have debt, deflation that is not caused by production efficiencies is going to kill you. Because as you figured out, the value of the dollar increases. If the value of your debt is increasing is that good or bad ditzie?
When you have layoffs the likes of which we are seeing, you get a drop off in demand, which leads to more layoffs, which leads to lower demand. When prices drop due weakening demand.... that is bad ditzie. Because then you have higher unemployment and typically lower wages for those still working (see UAW) at a time when debt is increasing in value.
Are you ever going to address this ditzie? Do you actually believe that we aren't in this cycle already?
This is the reason that deflation is worse. This is why we do everything we can to avoid it. Has there ever been a depression caused by inflation ditzie?
hint... the answer is no.... they are caused by severe deflation. It is the worst of environments.
Trying to play your idiotic word games with deflation and a deflationary spiral... a term I brought to your attention and you pretend was a part of your original argument.... is simply childish and moronic.
You know, it's so awful. I had zero idea of what that was, had never even heard of it, until I started visiting political message boards. And this conservative (!) man, spider, posted this whole thing about it and his feverish imaginations of what a bunch of "liberal lesbians" were up to. So I click on the link, and I got that floaty feeling in my head that I get when I feel like I'm going to pass out, and then I doubled over and clenched my legs together. This is exactly the same reaction I have whenever someone mentions that now, and it's always a conservative on a political messsage board!
And it's just sick, and beyond the pale. You have to be really f'd in the head to want to do that to a woman, and this is coming straight from violent porn, it has to be, and it's no shock to me that conservative men are obsessed with it!
I'm glad I got that out!