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what massive intervention is that? in[1929]
Federal Reserve had total control of money supply and let it shrink 34%. You idiot, you've learned that 134 times. Are you going for 135? See why we have to be positive that a liberal will be stupid? What other conclusion is possible?
they don't have control down to $100,000 which is .00000000000000001% of money supply but they exist to have enough control to prevent inflation and deflation.what massive intervention is that? in[1929]
Federal Reserve had total control of money supply and let it shrink 34%. You idiot, you've learned that 134 times. Are you going for 135? See why we have to be positive that a liberal will be stupid? What other conclusion is possible?
Federal Reserve had total control of money supply and let it shrink 34%.
The Fed doesn't have total control of the money supply, never did.
I can take out a $100,000 loan today and increase the money supply without the Fed's permission.
I can pay off a $100,000 loan today and decrease the money supply without the Fed's permission.
Why are you so wrong?
they don't have control down to $100,000 which is .00000000000000001% of money supply but they exist to have enough control to prevent inflation and deflation.what massive intervention is that? in[1929]
Federal Reserve had total control of money supply and let it shrink 34%. You idiot, you've learned that 134 times. Are you going for 135? See why we have to be positive that a liberal will be stupid? What other conclusion is possible?
Federal Reserve had total control of money supply and let it shrink 34%.
The Fed doesn't have total control of the money supply, never did.
I can take out a $100,000 loan today and increase the money supply without the Fed's permission.
I can pay off a $100,000 loan today and decrease the money supply without the Fed's permission.
Why are you so wrong?
isn't, "letting it shrink" laissez-fair capitalism, dear?what massive intervention is that? in[1929]
Federal Reserve had total control of money supply and let it shrink 34%. You idiot, you've learned that 134 times. Are you going for 135? See why we have to be positive that a liberal will be stupid? What other conclusion is possible?
isn't, "letting it shrink" laissez-fair capitalism, dear?what massive intervention is that? in[1929]
Federal Reserve had total control of money supply and let it shrink 34%. You idiot, you've learned that 134 times. Are you going for 135? See why we have to be positive that a liberal will be stupid? What other conclusion is possible?
isn't, "letting it[money supply] shrink" laissez-fair capitalism, dear?
So someone who claimed they had total control is pretty stupid.
Which is why inflation was over 10% in 1979, 1980 and 1981.
i know what laissez-fair means under our form of socialism; capitalism just being lazy, like usual.isn't, "letting it[money supply] shrink" laissez-fair capitalism, dear?
why doesn't the total idiot find a definition of capitalism that agrees or admit he is indeed a total idiot liberal.
why doesn't the total idiot find a definition of capitalism that agrees or admit he is indeed a total idiot liberal.i know what laissez-fair means under our form of socialism; capitalism just being lazy, like usual.isn't, "letting it[money supply] shrink" laissez-fair capitalism, dear?
why doesn't the total idiot find a definition of capitalism that agrees or admit he is indeed a total idiot liberal.
So someone who claimed they had total control is pretty stupid.
they don't control the money supply in increments of one penny or even $100,000 but they do, figuratively speaking, control whether there is more or less money in total so do ,in effect, have total control.
Which is why inflation was over 10% in 1979, 1980 and 1981.
having control and exercising control are two different things
obviously. In any case, it seems you are changing the subject rather than admitting the Fed controls money supply, not banks!! Live and learn.
Did you ever ask yourself what prejudices led you to think banks and not the Fed control the money supply??
I suspect its some lame libertarianism in wake of the recent humiliation wherein they predicted huge inflation and instead we got nothing.
Or 1 million, or 1 billion, or 100 billion.
.
They have influence, they don't have control. Your claim was wrong.
When have they exercised control, ever?
Or did I say, "When banks make loans the money supply increases and when loans default, the money supply shrinks"?
Or 1 million, or 1 billion, or 100 billion.
.
why stop at 100 billion unless if you try to go much higher you will be lying and admitting that the Fed does control money supply, not banks?????????
They have influence, they don't have control. Your claim was wrong.
they could easily double prices or cut them in half which is control by any standard!! Sorry.
When have they exercised control, ever?
when??????????? Now thats why inflation is 2% not 20,0000%!! now you're turning into a goof thanks to your silly libertarian prejudices
Or did I say, "When banks make loans the money supply increases and when loans default, the money supply shrinks"?
banks don't control money supply in significant way and it is not even their concern but it is 100% the concern of Fed
