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Re: QE

By: xcslewis in ALEA | Recommend this post (0)
Sun, 16 Sep 12 3:10 AM | 48 view(s)
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Msg. 10078 of 54959
(This msg. is a reply to 10074 by Cactus Flower)

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hi alea,

There is no hope for me. I look at different numbers.

It will happen very slowly...then all at once.


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The above is a reply to the following message:
Re: QE
By: Cactus Flower
in ALEA
Sat, 15 Sep 12 6:50 PM
Msg. 10074 of 54959

Hi csl,

in right wing fantasy land, inflation has been rapidly eroding the value of money, taxes have been increasing, the bush financial and economic collapse didn't happen, the stimulus didn't stop that and help begin the recovery, the failed right wing predictions of hyperinflation for five years are not an absolute failure of their economic theory, unemployment numbers are increasing rapidly, us gdp is declining etc.

The fact that none of these things is true does not stop you guys commenting on the past as if what you are describing is history. Or making more predictions!

But frankly. If you cannot put on spectacles and have a look at some actual evidence, rather than just spouting what you just know must be true ... then there is no hope for you. :-(

Every time they have used QE, you have flat out insisted hyperinflation was about to occur. I think it is an ailment! ;-) The problem for the last five years was deflation. QE ameliorated the rise in the value of money. Wake up. Please. The numbers are available. I keep on posting them. Surely you will look at them one day.

You are a great bloke. But you seem to be also, charmingly, as daft as a brush.


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