Domain: inflation.us
Stories and comments across the archive that link to inflation.us.
Comments · 10
-
Re:SEC is worthless
So when are they going to investigate the actual definition of a pump and dump scheme ran by NIA, everything that they do, from Agria Corp (GRO) and Mega Precious Metals (MGP:CN) and now to Broadvision (BVSN)? They had plenty of notifications on this, it doesn't bother them or are they in on it?
I don't see absolutely anything wrong with Lebed did. He wasn't involved in any inside trading, and didn't have any more information on those companies than anybody else. He went on forums and bullshitted to get people to buy some stocks, but if you're buying stocks based on the advice of some dude in a forum without doing any of your own research...well, learn to take some responsibilities for your own actions and stop blaming others.
-
SEC is worthless
So when are they going to investigate the actual definition of a pump and dump scheme ran by NIA, everything that they do, from Agria Corp (GRO) and Mega Precious Metals (MGP:CN) and now to Broadvision (BVSN)? They had plenty of notifications on this, it doesn't bother them or are they in on it?
-
Re:A lot of jobs are like this
It takes very little skill to stock shelves in a grocery store. But a person who is doing that for a living definitely is better at that task than we are. More people need to understand this basic fact.
Is 'higher education' REALLY necessary?
If not, can it be factored out of the cost of EVERYTHING properly so the prices can come down on EVERYTHING and EVERYONE can benefit?
http://inflation.us/collegebubbleburst.html
http://inflation.us/collegesdeceivingmythshoaxes.html
-
Re:A lot of jobs are like this
It takes very little skill to stock shelves in a grocery store. But a person who is doing that for a living definitely is better at that task than we are. More people need to understand this basic fact.
Is 'higher education' REALLY necessary?
If not, can it be factored out of the cost of EVERYTHING properly so the prices can come down on EVERYTHING and EVERYONE can benefit?
http://inflation.us/collegebubbleburst.html
http://inflation.us/collegesdeceivingmythshoaxes.html
-
Re:A lot of jobs are like this
It takes very little skill to stock shelves in a grocery store. But a person who is doing that for a living definitely is better at that task than we are. More people need to understand this basic fact.
Is 'higher education' REALLY necessary?
If not, can it be factored out of the cost of EVERYTHING properly so the prices can come down on EVERYTHING and EVERYONE can benefit?
http://inflation.us/collegebubbleburst.html
http://inflation.us/collegesdeceivingmythshoaxes.html
-
Re:A lot of jobs are like this
It takes very little skill to stock shelves in a grocery store. But a person who is doing that for a living definitely is better at that task than we are. More people need to understand this basic fact.
Is 'higher education' REALLY necessary?
If not, can it be factored out of the cost of EVERYTHING properly so the prices can come down on EVERYTHING and EVERYONE can benefit?
http://inflation.us/collegebubbleburst.html
http://inflation.us/collegesdeceivingmythshoaxes.html
-
College Education ScamA must-see documentary about student loans
:NIA today officially released the most comprehensive documentary ever produced about higher education in the U.S. NIA's hour-long documentary called 'College Conspiracy' exposes the facts and truth about America's college education system. 'College Conspiracy' was produced over a six-month period by NIA's team of expert Austrian economists with the help of thousands of NIA members who contributed their ideas and personal stories for the film. NIA believes the U.S. college education system is a scam that turns vulnerable young Americans into debt slaves for life.
It also remind us:
After the burst of the Real Estate bubble, student loans are now the easiest loan to receive in the U.S., and total student loan debts now exceed credit card debts.
It was written May 16, 2011
... -
College Education ScamA must-see documentary about student loans
:NIA today officially released the most comprehensive documentary ever produced about higher education in the U.S. NIA's hour-long documentary called 'College Conspiracy' exposes the facts and truth about America's college education system. 'College Conspiracy' was produced over a six-month period by NIA's team of expert Austrian economists with the help of thousands of NIA members who contributed their ideas and personal stories for the film. NIA believes the U.S. college education system is a scam that turns vulnerable young Americans into debt slaves for life.
It also remind us:
After the burst of the Real Estate bubble, student loans are now the easiest loan to receive in the U.S., and total student loan debts now exceed credit card debts.
It was written May 16, 2011
... -
Re:Ron Paul 2012
We're more in risk of deflation
That's insane. There isn't a single indicator of possible deflation. Even the people claiming "omg, double dip recession" were proven handily incorrect. All the numbers are either stable or rising. Companies are having blowout quarters beating all estimates, hiring is trending up, unemployment is trending downward, housing is trending sideways. And on top of that, there's the aforementioned commodities spiking that will cause an inevitable increase in the cost of goods (which frankly we've already been seeing for a long time in things like gasoline, but the government just blissfully ignores that when calculating its bullshit CPI number). Hell, decreasing prices at the pump would be one of the best ways to kick the recovery into high gear -- but instead, they're focused on driving oil prices higher via dollar devaluation. Deflation is a near impossibility at this point. It's just another example of the Fed being woefully unaware and asleep at the wheel -- they're going to be once again way late to the party and no amount of slamming on the brakes will be able to slow the rampant inflation to come.
By what evidence do you claim deflation is "more likely", let alone even a remote possibility. The charting trend is obvious, even if you do as the govt does and cheat by excluding food and gas: https://www.nytimes.com/2011/05/14/business/economy/14econ.html. Hell, even the retailers see the writing on the wall: http://inflation.us/blog/2011/03/major-retail-price-increases-coming-in-june/
-
Re:inflation
So deflation does not occur if only half of products in the world are sold at lower prices, while the rest stayed the same because their local markets did not catch up yet?
No, as I said, the economy is crippled. Deflation will eventually occur if, magically half the products are sold at some lower price, but this is very painful to the people who are attempting to live during it and now can't afford materials.
And luckily is an utterly absurd premise, because technological progress doesn't work that way.
In that way new goods are always made before they are paid for by buyers at their sell price. That is the whole point of manufacturing something for profit.
And yet deflation occurs after stuff has been produced.
Deflation happens when the same amount of money chases more goods. The 'more goods' part of that happens after the goods are made.
Which means they have to buy materials at the old prices, which is why deflation is so painful and harms manufacturing.
I mean, let's go back to your hypothetical example. First the price of the bread changes, and even if there is inflation and the price of rye changes...it changes after several days, during which the bakers were buying rye for $1 and selling bread of $0.75.
Read what you're actually saying. Goods are made before, inflation happens after those goods are already floating around.
For your information: the amount of labour required to construct a "house" (which is what the average pile of cardboard and sticks is being euphemistically referred to today) has gone down massively over the last 200 years. One has to only take a look at the amount of labour required to produce bricks and lay them down versus screwing a few fasteners through paper and plaster into wobbly "studs" with a power drill.
Just saying things doesn't make them true.
What has really happened is that due to insane inflation, the numerical amounts of fake money paid for crap are now far in excess of what was paid for work that could stand for a century or more instead until the first stronger gust of wind. Which is what has you so confused and believing that no significant changes occurred.
As I said, I was talking about accounting for inflation. See here.
You really have no idea what you're talking about. Things do not magically keep getting easier to make. You have confused mp3 players with the entire world. In non-technological industries, there is maybe a 20% bump as automation shows up, and that's it for another 40 years.
With each new improvement of productivity a whole lot of bakers are forced out of business and have to find new work
Which was not at all the problem I pointed out. The problem I pointed out is that either a) the bakers keep charging the same price, in which deflation doesn't happen, or b) they charge lower prices, which blows up the economy because now they can't actually buy supplies.
But it's moot. Your hypothetical deflation is insane. That is not how deflation happens.
The only way what you are talking about can cause deflation is if there is some massive drop in the cost of making some good that everyone needs. And, yes, that has probably happened once or twice during history...but is not some sort of constant force driving prices down!
Fiat currencies are designed to try to hide this fundamental truth by trying to delay the negative effects onto future generations, but they cannot fix the problem itself.
I've been ignoring the strange rants you go into, but I can ignore no longer.
The reason we've have economic problem has nothing at all to do with fiat currency. It has to do with the banks not being regulated. It has to do with us not actually taxing those 'financiers' you rail against, or stopping them from doing stupid shit. You're right that they pr