Down another 400, thanks Tea Party!

If you are going to quote something, quote it. It says it is not a STRONG predictor of inflation. It does NOT say it DOESN'T predict inflation.

 

We're doing personal attacks now? Desperation much?

 

Nope I'm just talking about the elephant in the room. I'm guessing based on your response I am correct.

 

It's not MY article. It's a letter put out by the Federal Reserve. Call your local Fed branch and argue with them if you think they are wrong.

 

It's not a strong indicator because it doesn't predict inflation. All you did was just find an article willing to make that disintinction (which doesn't explain why or how it's predicted). And why would anyone use of all things the yield curve to predict inflation when inflation can simply be calculated by the CPI and PPI.

You're just desperately trying to google anything. Not that you haven't been doing that for hours.

 

The graphs show that they're wrong. I don't have to do a thing. If the curve was inverted, it would look like this.



Instead it looks more like this:





As you can clearly see the 2006 line is flat. The graphs from the Treasury are all the prove I need. Try looking for it yourself. Do your own research for a change:

http://www.treasury.gov/resource-ce.../Pages/Historic-Yield-Data-Visualization.aspx

 

No I found an article that I thought was at least somewhat balanced regarding their statement on the relationship between inflation and the yield curve.

Here is what the article YOU told me to read says about inflation and the yield curve.

I thought that was a bit strong so I looked for something more balanced. But I guess you can go with YOUR article. You don't read these links do you. You just post them and make some vacuous comments.

 

The FED is wrong?! And you're right?!

Good night. I have work in the morning.

 

I like how you ignored that I got the graphs from the treasury statistics.

http://www.treasury.gov/resource-ce.../Pages/Historic-Yield-Data-Visualization.aspx

 

According to your article, there's never been a relationship between yield curves and inflation, EXCEPT for that one time where they found a correlation.

It wasn't my article. I merely showed you what yield curves were.

There are a lot of reasons why no one uses yield curves to predict inflation. Inflation is calculated through these 4 things.

1. GDP Deflator
2. Consumer Price Index
3. Commodity Price Index
4. Producer Price Index

Inflation rates are calculated between the CPI of any two years. The final value is subtracted and divided by the initial value then times by 100. All this can be calculated through simple math. Yield Curves rarely change throughout the years, it can hardly be an indicator of anything.

 

Futures Surge Overnight Following Accelerating Central Planning Takeover Of Global Capital Markets

http://www.zerohedge.com/news/futur...tral-planning-takeover-global-capital-markets

 

Are you aware that former Fed reserve chairman,Alan Greenspan
basically was obsessed over Inflation.An admitted Inflation Hawk,his job
was literally keeping Inflation from creeping into the marketplace via his
slight tinkering with overnight loan rates { Or money loaned to member
Fed Reserve banks at discount rates. }
So,knowing that a guy once regarded as The Most Important Man in
America,Alan Greenspan,thought Inflation was His primary goal/job.
To keep it in check.
Now ... don't you feel kinda silly.
And yes,it's all documented in Bob Woodward's book - Maestro -.

 

You're Welcome!​

 

The voice of experience ?

 

The right-wing will never get close to leadership positions in 2012. Everybody and their brothers and sisters have been watching what's been going on very closely since 2010. The right-wing majority hasn't done one thing to benefit this country, and the **********s just made another mess. You are conviently forgetting that Ronald Reagan ran over 10% unemployment for three years in a row, and that it was right-wing laissez-fare economics that crahed the world economy in 2008.

And you think that Republicans will win in 2012???

Keep smokin' dude; you're doing great.

 

They will win at the Wisconsin recalls went nowhere, Democrats will never survive having the leader to lower the nations credit rating for the first time in its history. Liberal ideas have sunk this country and working Americans are saying NO MORE!

 

Yeh, blame that smoke detector for the fire the left lit...

 

Maybe some of these Leftys should get one of Obama's trillion dollar "Shovel Ready" jobs, and become part of the solution, instead of leaching off tax payers.

 

If the stock market's up, then all praise be to Obama!

If the stock market's down, then all blame be on the T.E.A. (taxed enough already) Party.

What a pantload! Do you really think that anybody with a triple-digit IQ is buying this crap anymore?

If you want to know who your villains are, start asking a few intelligent questions:

Who is the President?
Who is the Secretary of the Treasury?
Who is the Federal Reserve Chairman?
Who has the power to make beneficial change?
and,
Who has made no beneficial change AT ALL, and doesn't plan to make any beneficial changes in the future...?

Hint: the only thing you can expect from the Obama/Bernanke/Geithner team is more of the same old "QE" and "stimulus" crap that has been a failure for everybody except banks, the stock market, and a handful of exporters. And it's just possible that maybe the roof is about to collapse on top of them, too....

 

How about blaming the guys who confused "raising the debt ceiling" with "approving more spending"?

Raising the debt ceiling is how we pay for services already approved by congress! It is not authorization for more spending. It's the same as paying your credit card bill. You've already authorized the spending. Now it's time to pay.

We're in this mess because the GOP doesn't know the difference between restricting expenditures and paying bills. They're really that dumb.

 

[quote=MissJonelyn;4300432]Exactly what has the Tea Party has done to trigger anything?

The left were the ones who kept saying that if we didn't increase the debt ceiling our credit rating would be at risk.

I knew the attention span of most Americans were short, but this is just silly.[/quote]

I know the tea party supporters were out of touch with reality, but this is ridiculous... what did the tea party do? Are you kidding?

Here are the first bullet points of the S&P downgrade:
http://www.standardandpoors.com/servlet/BlobServer?blobheadername3=MDT-Type&blobcol=urldata&blobtable=MungoBlobs&blobheadervalue2=inline%3B+filename%3DUS_Downgraded_AA%2B.pdf&blobheadername2=Content-Disposition&blobheadervalue1=application%2Fpdf&blobkey=id&blobheadername1=content-type&blobwhere=1243942957443&blobheadervalue3=UTF-8

So, S&P cites that american policymaking "weakened". Why would that be? Maybe because a group of 60 congressman hijacked the republican party in congress. The republicans walked away from negotitations with democrats for the last week before the debt ceiling and then wasted that time on political theater, like passing bills that had NO chance of passing. I find it funny that the right wing keeps pointing to their ridiculous bills they passed like that was the solution. The solution was what the presidential debt commission came up with, or what the gang of 6 came up with, or what Obama's grand bargain was pushing for. All of these well researched and informed opinions have larger deficit reductions and neccessary tax increases. These were all smart plans. Instead we got a bunch of radical idiots in the tea party who make pledges to special interest groups decide that they would block anything.

This is also why they are pessimistic about the ability of congress in the future.

The final reason they gave was the weak plan that was passed. However, the reason a weak plan was passed was not because democrats wouldn't go with a better plan. The democrats tried to negotiate a better plan but failed because of the tea party refusal to do anything smart.

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(Bold my edit) Meh.... last I checked the Tea Party was against raising the debt ceiling and the president had the final word by signing it.

I would contend that had they not raised the debt ceiling and congress had pledged to balance the budget and still meet the U.S. obligations the stock market would probably be up.

Here is the fallacy presented by the politicians (mostly dems): If we don't raise the debt ceiling the U.S. will default on it's loans and won't be able to pay grandma her SS check.

This was a patently false scare tactic. All congress has to do is do like the rest of us have to do - pay the bills that come in (i.e. servicing the U.S. debt), pay for ongoing operations (i.e. the essentials of running the gubment), and cut any non-essentials to be able to live within its means.

Had the Republicans just rolled over and allowed congress to raise the debt ceiling with no promise of frugality in sight, we'd prolly be like Greece right now.

I suggest that you reach for a little more substance to your arguments than "It's their fault, not ours!" That's just shallow.

 

Keep wallowing in denial. The S&P rationale stated in plain English -- if taxes aren't raised on the rich, then the rating goes down. The Tea Bag Occupied Congress is totally and inalterable against raising taxes on Paris Hilton and her chihuahua (because they are stupid).

What part of the report are you having trouble understanding?

 

Keep wallowing in denial. The S&P rationale stated in plain English -- if taxes aren't raised on the rich, then the rating goes down. The Tea Bag Occupied Congress is totally and inalterable against raising taxes on Paris Hilton and her chihuahua (because they are stupid).

What part of the report are you having trouble understanding?

 

Hes probably having trouble understanding how S&P could tell democrats ahead of time that we needed 4 trillion in cuts, and democrats only cut 2 trillion....

and now you blame the tea party for demanding 4 trillion in cuts??

Left handed liars are simply amazing..... WTF?