Paulie
Diamond Member
- May 19, 2007
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And right on cue, Terral posts several more youtube videos and uses NONE of his own words.
And I in fact DID reference your hyperinflation argument, by saying it's not going to happen, and pointing out why you are wrong about it.
There is not "trillions" of dollars of money that has been printed up by the fed. The potential is certainly there for there to be, but as of right now they have not increased bank reserves even REMOTELY by that much. You still have much to learn.
My queestion about where the demand for the newly created money is right now, is totally relevant to this discussion, because NONE of the fed's created money becomes inflationary until it is released into the economy and begins to chase goods and services. That happens when it is lent, which as of right now we can see is not happening very much at all.
In the future there will be inflation, as money will eventually be lent. But to claim Zimbabwe-like hyperinflation is patently absurd, and shows that you have no clue what you're talking about.
Stop listenting to sensationalist bullshit for once in your fucking life, and simply learn Federal Reserve monetary policy. People like you are ruining it for the anti-fed people who actually understand this subject.
And I in fact DID reference your hyperinflation argument, by saying it's not going to happen, and pointing out why you are wrong about it.
There is not "trillions" of dollars of money that has been printed up by the fed. The potential is certainly there for there to be, but as of right now they have not increased bank reserves even REMOTELY by that much. You still have much to learn.
My queestion about where the demand for the newly created money is right now, is totally relevant to this discussion, because NONE of the fed's created money becomes inflationary until it is released into the economy and begins to chase goods and services. That happens when it is lent, which as of right now we can see is not happening very much at all.
In the future there will be inflation, as money will eventually be lent. But to claim Zimbabwe-like hyperinflation is patently absurd, and shows that you have no clue what you're talking about.
Stop listenting to sensationalist bullshit for once in your fucking life, and simply learn Federal Reserve monetary policy. People like you are ruining it for the anti-fed people who actually understand this subject.
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