Confused About Quantitative Easing? Here's a Fun Video That Explains It All!

http://www.youtube.com/watch?v=PTUY16CkS-k

(I don't know how to embed the video)

All I can say after watching that video is we're bigtime fucked by The Ben Bernak and The Goldman Sachs.

The best way I've heard it articulated this year has to be:

PRINT GOLD.



Snagged from the funny parody of first generation computer games.

This post has the potential to be the mother of all quote pyramids.

Ya think?

I'm not sure I agree, but I'll do my part to find out...

QuoteMother agreez!!

When Uncle Albert sees this thread, he's gonna go crazy.

It's good for him.

Gets the ol' pulse and blood pressure up. Better than 30 minutes of cardio.

some would argue he's already crazy...

not saying that's my opinion...

Thanks for fucking up my thread guys. I really appreciate it.

We're always glad to help

Ammo: it's not just for shooting, it makes great wampum too!

You shouldn't horde ammo.

It would just take a few people using it in the right time and amount.

The economy hitting the shit as explained by Simon. I half expected him to start saying green green blue yellow green red blue.

I have to admit I was very very puzzled when we started hearing that we were having deflation, and that we wanted to reverse it.

Weren't "they" all just telling us how badly we needed to avoid inflation?

This is why models fail - they are endlessly manipulated to get the desired result. In this case, the CPI is divested from two of the most malleable due to market conditions indices. Of course, in this case, those two measurements are FOOD and ENERGY, and therefore account for a huge amount of the average household budget.

Because, you know, we wouldn't want an index that reflect actual conditions. That's bad for the politicians.

FUCK HEADS.

Everything is a scam.

For the past couple of years only the idiots have been telling you that we need to avoid inflation. Lots of people have been quite properly telling you otherwise. Right now we've got a demand shortage and all kinds of resources, from factories to people, lying around idle. If people start to spend more then those resources will be put to work and the net effect will be people produce and buy more stuff and the economy grows in real terms. It's not until we've reached a bottleneck in productive capacity that increased spending results in significant inflation and insignificant growth.

When unemployment--employee availability is the most easily reached bottleneck for productive capacity--is back down around 5-6% it'll be time to worry about inflation. Until then we're actually better off if people believe inflation is coming, because that gives an incentive to spend now rather than sitting on a pile of cash that people only believe will go down in value over time.