Re: What caused this economic crisis?

This video is short and sweet, and gets to the point in under two minutes.

https://www.youtube.com/watch?v=KV9yDLhKbjg&eurl=http://www.infowars.com/?p=5438&cp=1

 

did anyone else notice the flattery at the end, as a replacement for evidence?

THEY think you're TOO STUPID to get this, but YOU are S-M-R-T.

the message is: get on board, and feel superior.


please.

 

You're right about the flattery, but what exactly about that video are you against?

Inflation hasn't hurt our economy? While there are many factors to this crisis, inflation inevitably makes matters worse by making it harder for ourselves to fix our mess.

Massive spending, coupled with inflation, as well as corporate greed have all contributed to this down turn.

You're essentially fixing inflation by adding more inflation.

How is it possible to print vast amount of money without it causing inflation by weakening the dollar?

 

Exactly wrong.

The current crisis is deflationary. Inflation is the least of our concerns during economic contraction.

I don't claim to understand it all, but I know a bulshitter with answers that are too easy when i see one.

 

inflation WILL come in astronomical proportions before this is over with.

this deflationary cycle is a natural occurrence during the onslaught of such a deep economic downturn as we are experiencing. within a few months to a year that will turn into inflation by all accounts 20% or higher.

 

maybe, maybe not. Depends on what the Fed does. We could very well wind up with another round of stagflation, or we could wind up in another great depression, which is the opposite of inflation. Everything is cheap, and no one has money.

I'll take recession over stagflation, and stagflation over depression.

It's just not as simple as these single issue whackos want to flatter you into believing. It's also not as simple as the fed wants us to believe. Go fucking figure.

 

the fed has been putting a trillion dollars a week into the system as of late.. its inevitable.. just do your research. its not that hard to understand..

 

http://austrianenginomics.com/ADeflationaryCollapseFollowedbyHyperinflation.pdf

http://www.marketoracle.co.uk/index.php?name=News&file=article&sid=6761

 

yes, I am familiar with the basics of macroeconomics.

But to be honest I can't give you a truly thoughtful analysis. You won't mind if I slink away from this one, do you? Monetary policy is really beyond me, and I don't want to make a fool of myself.

 

Was that really necessary

 

oh im NO EXPERT..

i have however read TONS over the last year and i am of the opinion that 100's of economists cant be wrong even if the main stream media wont print there analysis..

im of the opinion that mike shedlock is the most accurate and concise analyst on this mess and have been following his blog for about a year now. its very informative. i highly recommend it..

 

Thanks, i'll check that out.

The bullshitter I was referring to was the woman on the video.

I don't react well to flattery.

 

lol, oh ok

 

i didnt watch the video..

 

yeah, sorry, I wasn't clear about what I meant.

 

There are different kinds of depressions: inflationary and deflationary ones.

The deflationary process we are seeing now is just the precusor to the inflationary currency crisis that Bill mentioned.

No, it doesn't depend what the Fed does. We are now officially past the point of no return BECAUSE of the Fed.

 

it definitely wasn't the economy cause as a wise maverick once told me, "the fundamentals of the economy are strong"

 

That was hilarious - pretty much everything she says is wrong! It is totally ignorant from start to finish. We're not talking about opinion here, these statement are factually wrong.

But the really funny part is that these are exactly the same lies that Rat has failed to back up over and over again. Lies don't become true through repetition Rat.

The Fed "is a private bank? Looks like she can't distinguish between the three parts of the Federal Reserve any better than you Rat. Three parts - its just so complicated that you and this woman can't handle it, but that doesn't stop either of you from lecturing people on the internet about "The Fed".

The Fed is owned by Europeans? Definitely - except there's no evidence whatsoever to back that up. But that won't stop Rat from believing it.

Its not Federal? Well Rat already admitted it was - but its just so hard to let a good lie go, I knew it would be back. It is an indisputable fact that the Federal Reserve is Federal. Rat usually puts up a few futile, incoherent arguments and then settles for snarling that it doesn't matter whether its Federal anyway.

And she also lies about the Federal Reserve Banks (although, like Rat, she can only say "Fed" since she doesn't understand the different party of the Federal Reserve System) earning huge sums of interest, even though I already provided financial statements showing they refund the interest to the Treasury. And by the way, I they were AUDITED financial statements, even though Rat and this woman claim the Fed has never been audited.

And both Rat and this woman believe the "Fed" just creates debt out of nothing for no purpose. So no connection between massive Federal budget defecits and a rising federal debt then? OK Rat, you're the expert.

===

Its a farce, lie after lie after lie. No matter how many times you debunk them, they just reappear like its Night of the Living Dead Lies.

Come on Rat, some new lies maybe? You're old ones are getting pretty boring.

 

A two minute infomercial sending me to a website to buy a DVD? Same tactic used to get me to buy Dr. Fishy’s Colon Cleanser…

 

Let’s see the thing wants you to go to three right wing libertarian sites the main being the Republican Party libertarian Ron Paul’s.

For someone who claims to be neither of the left or right why do so many of rats post lead off in the same right wing libertarian direction?