Is The Only Way Out Of This Mess Deflation/Depression?

Independentthinker

Diamond Member
Oct 15, 2015
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How do we get back to the prices we used to pay? Biden has painted us into a corner where our only options are either continually paying higher prices than we do now or, to get back to the prices we used to pay, we must enter a period of deflation, AKA a depression.
 
No one knows, because of the nature of the global inflationary pressures: Exploding demand coupled with/multiplied by crippled supply chains.

Normally prices don't contract unless we're in a period of real and significant deflation, and we are certainly not there. However, many prices have already begun dropping, such as used cars and lumber.

So, while inflationary pressures have fed on themselves resulting in a much longer inflationary period than we had hoped, we may actually see certain key prices decline in selected areas rather than on a macro scale. That would be great. Or, the shit may hit the fan as remaining inflationary pressures continue to feed on themselves.

Again, no one knows. We're in uncharted territory right now.
 
We're in uncharted territory right now.
...with a certified dunce at the helm...

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The way out is what Volker and Reagan did in the early '80s....That has always been the only way out, but the Fed never let the malinvestment clear out and interest rates to adjust back in '08.

We've already blown by the easy and relatively pain free remedies....The suck of the needed correction is going to need to be embraced.
 
The way out of this mess is official devaluation and replacement of the dollar. The former will cut our debt in half, and the new (digital?) currency will be pegged at 1:2 to the dollar in order to pretend that prices haven't doubled.
 
The people have to get off their fat asses, off their recliners, and away from their porn sites and cat videos, and actually sign petitions for the entire DNC to be charged with racketeering, pandering, traitorism, Communism, Marxism, anti-human coercion, criminal acts against the Constitution, lying to the taxpayers, defrauding taxpayers, and sending money we supposedly don't have over to countries that just launder it and funnel it back to the DNC!

The DNC needs to be violently and physically gagged and handcuffed, and dragged away to Gitmo for hanging, beheading, and firing squad extermination. All of their possessions, money, savings, investments, realty, and other such things they've illegally gotten over their "careers" as a mafia criminal organization, all need to happen in order for this country to get back to any semblance of "normality".

The People need to take control and have the government reorganized, redefined, and reinitiated FOR THE PEOPLE, NOT FOR THEMSELVES!!!
 
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Inflation will spread through the economy and normalize. Same values but with new prices. Inflation will also ease here as the excess money will leave the economy via the trade deficit, the drug trade, and immigrants* sending it back home.

* All those single men coming in are going to send $Billions home to their families, which of course will be extorted by the drug gangs and corrupt governments, which will then fund the production of yet more drugs.
 
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How do we get back to the prices we used to pay? Biden has painted us into a corner where our only options are either continually paying higher prices than we do now or, to get back to the prices we used to pay, we must enter a period of deflation, AKA a depression.
First you get every one vaxed and get Ukraine OVER duh...not Biden's fault DUH.
 
The people have to get off their fat asses, off their recliners, and away from their porn sites and cat videos, and actually sign petitions for the entire DNC to be charged with racketeering, pandering, traitorism, Communism, Marxism, anti-human coercion, criminal acts against the Constitution, lying to the taxpayers, defrauding taxpayers, and sending money we supposed don't have over to countries that just launder it and funnel it back to the DNC!

The DNC needs to be violently and physically gagged and handcuffed, and dragged away to Gitmo for hanging, beheading, and firing squad extermination. All of their possessions, money, savings, investments, realty, and other such things they've illegally gotten over their "careers" as a mafia criminal organization, all need to happen in order for this country to get back to any semblance of "normality".

The People need to take control and have the government reorganized, redefined, and reinitiated FOR THE PEOPLE, NOT FOR THEMSELVES!!!
Nice thought, but people aren't going to get off their fat asses except to go to the refrigerator or to the bathroom. :(
 
We never recovered from the DOT.COM crash.
The Housing Bubble was accomplished through bad loan practices.
The closest we got to recovering was during Trump with record employment even during bad loans.
The fact is we have to tell China to go to hell due to their spreading COVID.
 
The way out is what Volker and Reagan did in the early '80s....That has always been the only way out, but the Fed never let the malinvestment clear out and interest rates to adjust back in '08.

We've already blown by the easy and relatively pain free remedies....The suck of the needed correction is going to need to be embraced.
Tax the rich again and invest in America and Americans again. Vax and stop Putin.
 
We never recovered from the DOT.COM crash.
The Housing Bubble was accomplished through bad loan practices.
The closest we got to recovering was during Trump with record employment even during bad loans.
The fact is we have to tell China to go to hell due to their spreading COVID.
Trump didn't screw up the Obama Recovery...until he did. Worst pandemic response ever...
 
We never recovered from the DOT.COM crash.
The Housing Bubble was accomplished through bad loan practices.
The closest we got to recovering was during Trump with record employment even during bad loans.
The fact is we have to tell China to go to hell due to their spreading COVID.
Trump was in the process of beginning to unwind the decade of Fed stupidity -far too timidly for my tastes....Seems the power elite weren't in any mood to stand for all the free money to come to an end.
 

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