HYPER inflation just around the corner? fed Is Paying Banks NOT To Lend 1.8 Trillion

Well I don't believe anything else you wrote. But at least you understand this part.

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So what is the range? So when the Fed increases the reserves in the system by $1, what is the money multiplier "range"?

 

http://www.bloomberg.com/news/2013-...es-on-bets-fed-will-quell-qe-speculation.html

 

Its funny that every time there is a discussion on financial and economic topics, everybody that disagrees with your position is either confused, ignorant, mis-led, or some other dismissive attack because you fail to defend your positions with logic and facts.

Same thing over and over. Anybody who doesn't get behind your position on the topic just isn't as smart as you.

If thats all you have... then give up.

 

When you say statements that you present as factual rather then an open debate I'm going to call you out on it and I will back up my claims with facts. If you tell me the money multiplier exists after the evidence I have provided that it doesn't, you better at least be able to give me a source or provide me with what the money multiplier is otherwise I'm going to say you are confused.

Economics is one topic where everyone has an opinion, it just happens that majority of peoples opinions are not accurate and they need to rethink their positions. I've studied it long enough to know what I'm talking about.

 

FDR was the biggest fraud of all, and that's saying quite a lot. After trying and failing to get traction on a real recovery for years during the Great Depression, he got together with Churchill and cooked up a joint war against the Japanese, who were trying to horn in on "our" action in Asia. FACT: we and the Brits cut off all of Japan's oil supply on July 26, 1941, while we were completely at peace with them! But it forced the Japanese to start a war going that brought on a long-lasting, booming economy for the U. S.

http://us.altermedia.info/news-of-i...-delano-roosevelt-the-great-criminal_841.html
http://www.thehour.com/opinion/lett...cle_041b1e9a-9351-5ac6-bff7-cd0f742617d8.html

As far as "ending the handouts" goes... HA! Don't count on it. Lavish and multifaceted welfare programs, huge and growing, characterize the Democrat Party, from the time of FDR, on to LBJ, and right through to this afternoon. Would anybody have voted for a hyperliberal, radical slug like Obama the second time if it hadn't been for the gigantic Welfare State that is at the heart and core of everything these Libocrat bastards stand for? "Bread and circuses" is what the rotten old Roman emperors used to keep the wretched, unruly mobs tranquilized back in that day, and today's hyperlib socialists aren't any different....

 

I am glad you think so.

It shows in the arrogance you bring to most of the topics. Now if you could bring a little more debate, objectivity, and logic.

 

it is, ceo's and exec's are not willing to take cuts in pay from the boom of the 90's, they would rather lay off employees, something has to give

 

I bring a lot of debate to the topics. But I've learned that there are some people to not even waste time with when it comes to actually getting involved in a debate. You bring real facts and a logical debate to the table, I will debate you all day long. It just so happens that is few and far between here. Just a lot of stubborn people that either hate the government or make up stuff. Like this guy trying to say the money multiplier exists despite not even being able to explain what it is.

What am I supposed to say after explaining it to him 20 times? Should I just start believing something that isn't true because someone says it?

Absolutely not, I have a high level knowledge of banking and economics... especially monetary systems. I will confidently call people out whenever I see falsehoods being said. If you believe I don't know what I'm talking about, then prove it in the detail I present my facts in.

 

Too Funny....haha.

 

Wasn't a joke

 

No, it is a joke. I promise.

 

Not a joke at all. I promise.

Let me know what conspiracy theory you thought up today.

 

Let's rush right out and buy foreign gold coins from Goldline!

Republican economists are always right!!

(It's a joke.)

 

ron paul is the joke

[video=youtube;WvahywQKeFc]http://www.youtube.com/watch?v=WvahywQKeFc[/video]

 

An Austrian calling me a joke! Comedy gold at it's finest. I'll be sure to look around every corner waiting for the hyperinflation bogeyman to come out and get me!!

 

http://www.zerohedge.com/news/2013-07-22/can-us-economy-keep-exponential-chart


Don't worry though! The Fed has control! They can fix it!

rofl. Hilarious.

 

Yea, so hilarious how bad the Fed's track record is. And what's most hilarious is people have been saying this can't work since the Fed was created, yet decade after decade the economy keeps growing, people keep progressing, and debt denominated in the very currency that we make up has never destroyed us.

You have to understand how the economy works to understand why these fear mongering tactics never pan out.

Trust me, the Fed is much more intelligent than you or anyone at Zerohedge.

 

tyler durden, isn't he the guy that wants to see the usa fall?

[video=youtube;LTnPjHh8fZ0]http://www.youtube.com/watch?v=LTnPjHh8fZ0[/video]

 

So your answer literally is this "Trust The Fed...they are super smart guys."?

lol.

 

notice how we produce more goods and services than any other country

and we haven't had an economic depression in over 70 years

 

Also here is a little chart for you in response to your GDP nonsense.

http://www.zerohedge.com/news/2013-07-22/chart-day-how-much-us-gdp-growth-thanks-fed

 

of look, more propaganda from tyler durden

 

Hahaha, the deflection and the ignoring of facts is priceless.

 

No my answer is, "I trust the Fed more than I trust you". Especially considering the fact that you are an Austrian and they are kind of a joke when it comes to real world economics.

I just find it humorous how every year they are talking about the collapse of America because of all their little fiat money anti-govt, anti-fed talking points... yet the country continues to grow and grow and grow.

The other funny thing is how you guys don't know when these predictions will happen, you'll just say it will happen year after year until some kind of economic shock happens and then claim you were right all along. Absolutely hilarious. Like Peter Schiff telling everyone the dollar was going to collapse in 2009 and we were about to get hyperinflation because people don't trust the dollar, etc, etc. Wrong about everything.

Let me know when you have the epiphany that you don't really know what you are talking about!

 

That's a stupid graph he made in excel. Reserves have nothing to do with GDP. That's one of the dumbest articles I've read. Is this really the people you get your information from?? LMAO!!

This is quite possibly the dumbest single quote I've ever heard in my life...

some $2 trillion in US GDP was exclusively thanks to the Federal Reserve, a number which will rise to $2.3 trillion at September 30 (and continue rising).