Edwynn -> RE: Federal Profit (3/24/2011 5:28:53 PM)
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ORIGINAL: willbeurdaddy Where did I EVER say "ALL inflation causes such spirals". Well no, you didn't say that outright, but most people, economists or not, in context of the economic condition we are in at the moment, might wonder after reading this ... quote:
Even small increases in demand will indeed contribute to demand-pull inflation ... It doesnt take much good news (or lack of bad) for the velocity of money to increase in advance of real economics =====> inflation The hiring in response to rapidly depleted inventories will then feedback into that loop as consumer confidence leads to an increase in debt financed spending and cost-push inflation (which, contrary to your exclusion, is also "bad inflation"... they both contribute to inflationary spirals). the last one especially claiming that during a severe economic downturn any price increase is "bad inflation" and will contribute to "an inflationary spiral," ... just what the heck form of price increase no matter how small, no matter the impetus, or whatever status of the economy it occurs in would NOT be "bad inflation" in your estimation? Aside from the inconvenient fact of troublesome inflation having never occured in such a situation thus far, I mean. You are seeing bad news where no one qualified to speak on the matter would, only for purpose of trying to lay some feeble groundwork for yet more useless political babble regarding "the other side," and using arguments in that cause that make anyone who knows what they're talking about roll eyes out of the head. No, you didn't say "all inflation is bad" in those precise words, merely repeated one drivel after another for that purpose, but your intention in trying to prove that any and everything that transpires in occurrence of the present administration is bad has you grasping at the flimsiest straws. It doesn't matter if you never said "Obama is bad" specifically when you waste multi-gigabytes with completely laughable attempts such as this in the effort to paint everything that happens in this era with buckets of the ugliest colors you can find from that hazmat mind of yours. Sorry, just stick to the politics and the obviously freakin' game that it is for you, and stay with the political arguments. You waste your time in fumbling about in other areas that involve facts and empirical study.
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