Bretheren, Let us Pray for Inflation.

Discussion in 'Economy' started by Neubarth, Apr 9, 2010.

  1. Neubarth
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    Neubarth At the Ballpark July 30th

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    It will effectively help us pay off this debt if we ever see another fiscal conservative guiding this country. Inflation also encourages people to spend. No need to hold on to money that is decreasing in value. Might as well spend and along the way help the economy grow. As I remind everybody, we are 70 percent a service sector economy. That means the more we spend the stronger our economy is.

    Pray for inflation. I recommend group prayer.
     
  2. uscitizen
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    uscitizen Senior Member

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    You look forward to paying $4 for gas this summer?
     
  3. Neubarth
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    Neubarth At the Ballpark July 30th

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    Absolutely. Four dollars a gallon for gas is cheap. You ought to check out the price of Gas in Europe.
     
    Last edited: Apr 9, 2010
  4. eagleseven
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    eagleseven Quod Erat Demonstrandum

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    Inflation...burning down your house to provide heat during the winter.
     
  5. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    Why don't we just pray for criminals to break into our homes and rob us?
     
  6. Paulie
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    Paulie Platinum Member

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    Don't pay attention to this dufus, he's obviously in need of some serious medication.

    The fucking guy is way off his rocker. As if his apocalyptic posts aren't bad enough, now he's bowing down and kissing the ring of the Federal Reserve and praying for inflation.

    You're a sick pup, my man.

    Not to mention, he's probably in his 70's by now according to that picture, and seems to think it's cool to show off his already elderly body from the 80's as if it's somehow appealing to ANYONE.

    Go back to writing books no one reads, chump.
     
    Last edited: Apr 9, 2010
  7. NM Weatherman
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    NM Weatherman l'enfer, c'est les autres

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    Inflation encourages people to spend? What are you smoking?

    Inflation encourages people on fixed incomes and the poor to struggle to just survive. Inflation encourages people to give up any small luxuries and necessities. Inflation causes people to move to less desirable neighborhoods, and even get foreclosed on their mortgages. Inflation enriches only corporate fat cats.

    I will admit, that under the Obama regime, you are going to see inflation, as he taxes-taxes-taxes, and spends-spends-spends, like you have never seen before. And those entities that are taxed are going to pass along those taxes to taxpayers and consumers, and thus the vicious circle.

    IMHO you need to come in out of the sun.
     
  8. Paulie
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    Paulie Platinum Member

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    In a certain way it does encourage people to spend, because you will buy goods now for x amount of dollars, rather than pay even more for them later.

    You only described those who are not well off financially. Those who live in even a decent amount of financial comfort will spend more during inflation to avoid the erosion of their purchasing power later down the road.

    Much of this though, assumes that wages manage to keep pace with inflation, which of course most DON'T.
     
  9. Toro
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    Toro Diamond Member

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    Its coming.
     
  10. Neubarth
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    Neubarth At the Ballpark July 30th

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    Toro, you are a genius all over again. Obviously the smartest man on this board for the time being. Praise be to Toro!

    I'll disagree with you at some later time.
     

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