HOOPS MALONE Suspended 2258 Posts user info edit post |
Quote : | "hello and welcome to IM NOT GOING TO EDUCATE MYSELF forum." |
none of this is new. i'd wager salisburyboy posted some similar timeline of jewish german banker shit years ago.11/28/2012 3:16:24 PM |
GeniuSxBoY Suspended 16786 Posts user info edit post |
You didn't even read it. 11/28/2012 4:58:37 PM |
GeniuSxBoY Suspended 16786 Posts user info edit post |
I have another question.
You complain that these walls of text are too big.
Can you please tell me the minimum amount of words it would take to educate you on the last 100 years of history? 11/28/2012 5:21:26 PM |
Bullet All American 28414 Posts user info edit post |
11/28/2012 5:32:11 PM |
Kris All American 36908 Posts user info edit post |
Quote : | "I countered that claim by showing him that price only stayed the same because the ingredients aren't the same as they used to be." |
Why not show the prices of commodities futures? Things like cattle, hogs, lumber, cocoa, orange juice, wheat, etc. They wouldn't prove your point at all, but they wouldn't look as ridiculous as your syrup argument.11/28/2012 6:36:53 PM |
GeniuSxBoY Suspended 16786 Posts user info edit post |
Quote : | "Why not show the prices of commodities futures? Things like cattle, hogs, lumber, cocoa, orange juice, wheat, etc. They wouldn't prove your point at all, but they wouldn't look as ridiculous as your syrup argument." |
Funny how that^^ picture is a perfect response to Kris's last comment.11/28/2012 8:45:40 PM |
Kris All American 36908 Posts user info edit post |
A perfect response might actually address the point, but please explain to me how superinflation has been staved off in the lumber market by making trees out of corn syrup or some such nonsense. 11/29/2012 1:08:14 AM |
Kris All American 36908 Posts user info edit post |
A perfect response might actually address the point, but please explain to me how superinflation has been staved off in the lumber market by making trees out of corn syrup or some such nonsense. 11/29/2012 1:08:14 AM |
GeniuSxBoY Suspended 16786 Posts user info edit post |
Quote : | "A perfect response might actually address the point, but please explain to me how superinflation has been staved off in the lumber market by making trees out of corn syrup or some such nonsense." |
There are 100's of ways that we stopped using lumber and paper.
We made letters out of email. We stopped using paper bags and started using plastic and reusable bags We stopped building houses out of lumber and started to use steel frames Credit card paper went from a 2-3ply standard for carbon copies to a 1 ply thermal paper. Books are going digital.]11/29/2012 1:28:01 AM |
Kris All American 36908 Posts user info edit post |
Lumber and paper are not the same thing. Pulpwood is used for making paper, the lumber traded on the commodities market is used mainly for making homes, and I don't know where you've heard we stopped making houses out of wood, but that is not true. It was enjoyable to watch you do mental gymnastics to try and explain it, so since you probably won't have a response to this, can I ask for an encore and see if you can try to explain why land prices haven't hyperinflated? 11/29/2012 9:28:55 AM |
Str8Foolish All American 4852 Posts user info edit post |
DISCLAIMER: The guy on the left is a BANKER and the guy on the right is their puppet OBAMA
[Edited on November 29, 2012 at 9:39 AM. Reason : .]
11/29/2012 9:38:35 AM |
IMStoned420 All American 15485 Posts user info edit post |
Oh good. For a second there I was worried you were being racist. 11/29/2012 9:42:42 AM |
GeniuSxBoY Suspended 16786 Posts user info edit post |
Quote : | "can I ask for an encore and see if you can try to explain why land prices haven't hyperinflated?" |
No matter how you look at it, prices in every field has been affected by inflation. Inflation is based on the buying power of a dollar. Nothing has been super or hyperinflated yet... but it's coming with the infinite amount of money they're printing.
What you could buy with $10.00 in 1980, it would take $28.07 in 2012. What you could buy with $10.00 in 1970, it would take a whopping $59.72 in 2012.
http://data.bls.gov/cgi-bin/cpicalc.pl?cost1=10&year1=1980&year2=2012
Need to know more? Visit. http://www.bls.gov/bls/inflation.htm11/29/2012 9:49:32 AM |
Str8Foolish All American 4852 Posts user info edit post |
Quote : | "Nothing has been super or hyperinflated yet... but it's coming with the infinite amount of money they're printing. " |
How long would we have to go without it happening before you started to question whether your model of inflation is lacking a few variables?
Or would you just keep making up excuses about them "hiding" it, forever?
Seriously man, what's your limit before you start to wonder if you might be wrong about something?11/29/2012 9:52:23 AM |
GeniuSxBoY Suspended 16786 Posts user info edit post |
What do you mean? Have you never seen a hyperinflation graph?
World War 1 ended in 1918 World War 2 didn't start until 1939. ] 11/29/2012 9:54:06 AM |
GeniuSxBoY Suspended 16786 Posts user info edit post |
The only reason this graph ended so abruptly was because the banks stopped buying bad mortgage bundles in the span of one day.
The bundles were hot potatoes, anyone stuck with them on that day were screwed.
Banks had to be bailed out. 100s of banks collapsed and went out of business. 100,000s of homes foreclosed. You know the story...]
11/29/2012 10:00:51 AM |
Str8Foolish All American 4852 Posts user info edit post |
We're talking about the dollar you dumb fuck.
We tripled the money supply in the past 10 years. Tripled it. But annualized monthly inflation never went above 5%.
Your model is incomplete. There is more to inflation than the money supply. 11/29/2012 10:00:51 AM |
Str8Foolish All American 4852 Posts user info edit post |
It's almost as though there was a housing bubble that had jack shit to do with inflation sometime in the past decade. Weird. 11/29/2012 10:02:47 AM |
GeniuSxBoY Suspended 16786 Posts user info edit post |
Quote : | "We tripled the money supply in the past 10 years. Tripled it. But annualized monthly inflation never went above 5%. " |
If you haven't been paying attention, the rich 1% have all the extra money.11/29/2012 10:03:02 AM |
Str8Foolish All American 4852 Posts user info edit post |
Tell us about how the Fed was devised in a secret meeting of kik--I mean, wall street banksters on a remote island in international waters with a skull-shaped volcano on it. 11/29/2012 10:04:54 AM |
GeniuSxBoY Suspended 16786 Posts user info edit post |
I don't know why you refuse to do your research on where the money is. Obviously you know there is 3times the amount of money in circulation. Did you get your 300% raise?] 11/29/2012 10:06:15 AM |
Str8Foolish All American 4852 Posts user info edit post |
Can you name things that cause deflation or inflation besides changes in the money supply? 11/29/2012 10:12:55 AM |
Str8Foolish All American 4852 Posts user info edit post |
And really. You're telling me that in the last 10 years the top 1% added somewhere around 10 trillion dollars to their accounts? Or was it only 6? Or 4? Are you talking M3, M2, or M1?
Citations please.
[Edited on November 29, 2012 at 10:15 AM. Reason : .] 11/29/2012 10:14:26 AM |
GeniuSxBoY Suspended 16786 Posts user info edit post |
Quote : | "Can you name things that cause deflation or inflation besides changes in the money supply?" |
supply and demand11/29/2012 10:14:35 AM |
IMStoned420 All American 15485 Posts user info edit post |
Quote : | "Can you name things that cause deflation or inflation besides changes in the money supply?" |
Magic11/29/2012 10:15:58 AM |
Str8Foolish All American 4852 Posts user info edit post |
Yes, that's what determines the change in value of anything. Now tell me what supply and demand forces might cause, say, deflation, besides a change in the monetary base. 11/29/2012 10:15:58 AM |
GeniuSxBoY Suspended 16786 Posts user info edit post |
Quote : | "And really. You're telling me that in the last 10 years the top 1% added somewhere around 10 trillion dollars to their accounts?
Citation please.
" |
http://topics.nytimes.com/top/reference/timestopics/subjects/i/income/income_inequality/index.html?inline=nyt-classifier11/29/2012 10:16:37 AM |
Str8Foolish All American 4852 Posts user info edit post |
Quote the relevant part that proves your assertion that the rich 1% have added to their accounts "all the extra money" created in the past 10 years. 11/29/2012 10:18:51 AM |
GeniuSxBoY Suspended 16786 Posts user info edit post |
Quote : | "Income inequality has soared to the highest levels since the Great Depression and the recession has done little to reverse the trend, with the top 1 percent of earners taking 93 percent of the income gains in the first full year of the recovery, The New York Times reported in October 2012." |
11/29/2012 10:20:43 AM |
Str8Foolish All American 4852 Posts user info edit post |
Income gains do not equal money supply additions, dumbass. 11/29/2012 10:23:28 AM |
GeniuSxBoY Suspended 16786 Posts user info edit post |
Well then, that is my signal to stop conversing with you. 11/29/2012 10:24:34 AM |
Str8Foolish All American 4852 Posts user info edit post |
No really dude, fuck you. Fuck you for trying to pass that off as somehow proving your stupid shit. 11/29/2012 10:34:19 AM |
GeniuSxBoY Suspended 16786 Posts user info edit post |
The reality of "The Fed Audits"
12/2/2012 11:19:22 PM |
Bullet All American 28414 Posts user info edit post |
I feel that the SoapBox is much nicer now that this guy is gone. 1/4/2013 12:21:54 PM |