Bread was not free, though it was very cheap. And it was always available, even during the worst days of 1992 (when the country was breaking apart).
The line on the picture is not a bread line, it's a line before a meat shop. Also, it might seem silly, but the per-capita meat consumption of USSR in 1988 had been reached by Russia only in 2008.
It gets even better. All citizens of the USSR were guaranteed a certain amount of personal living space by law. And it was even free, you simply got the keys to your apartment from your nearest friendly Communist Party office.
Nope. You're talking about gazonk. Inflation is _defined_ as "a continuing rise in the general price level usually attributed to an increase in the volume of money and credit relative to available goods and services " in the Mariam-Webster dictionary. Simple increase in monetary supply doesn't mean anything.
If you're arguing that increased money supply is ALWAYS bad, then the burden is on you to create a model that demonstrates this. And then to validate the model by making predictions about the past and future events.
And? Feel free to invent your own term ('gazonk' sounds nice), build a theory that makes useful predictions around it and then explain to us why gazonk is so bad.
Right now you _dishonestly_ try to exploit a fear of inflation by redefining it to your liking.
Maybe you should reach into the early days of the Roman Empire for a definition? According to YOUR definition - inflation is good and we ALWAYS should have A LOT MORE of it.
According to MY definition (which is a generally accepted one) we right now have inflation that is lower than an optimal target. But larger inflation (which may happen in future) is also bad.
No. Deflation is defined in a dictionary as a "general decrease in market prices". Inflation is defined as "general increase in market prices". So far there's been no significant inflation since the start of the crisis (no significant deflation in the US either).
Feel free to call your monetary phenomena something else, and then explain why they are good or bad.
You know, you are an idiot, right? I clicked one of your links at random:
"Wheat futures for March delivery climbed 0.8 percent to $5.735 a bushel, the first gain in six sessions. On Jan. 10, the price fell to $5.605, the lowest since July 2010."
Wow, we have deflation!!!111ONEONEONE. Hmm, maybe another link?
Bad news for burrito addicts: Chipotle announced it will raise its prices for the first time in three years, by 5 percent, in response to the increase in beef, avocado and cheese prices.
Whole 5% other 3 years, that's like 1.5% of inflation each year! The sky is falling!
If you actually could follow a logical argument, you'd have checked http://bpp.mit.edu/usa/ - it tracks the actual prices. So far their numbers are in agreement with the official stats. But no, libertards prefer to live in imaginary worlds, they are too scared to actually admit that their mythology of tax cuts as a universal treatment is wrong.
Just in the interest of continuing the discussions: https://www.youtube.com/watch?... - the text is "Servicemen of Armed Forces of Ukraine patrol the zone of Antiterrorist Operation". And on the two big vehicles are Buk command and launch modules, of course.
Given that Ukraine routinely shoots into Russian territory (even killing several people on the Russian side), it's little wonder that Russia shoots back.
There are alternative ways to measure inflation. One Billion Prices project does this - it actually checks the prices of items sold on the Internet. Its values agree with the official stats.
Look, you've been preaching inflation for 5 years by now. At first it was hyperinflation round the corner, then it was 'delayed' inflation, then something else. Now it's the government conspiracy. What next? Aliens substituting people to fake inflation numbers?
Nope. You fail Keynesianism. Look, go and study orthodox saltwater economics. You simply have no idea what you're talking about.
For comparison, I read Austerian babbles and monetarism theories. I _know_ them, even though I disagree with them. But you simply don't know the stuff you're talking about.
Neokeynesianism says that "fake" money CAN boost output and growth, if conditions are right. One of the criteria is the rate at zero lower bound. Note, Keynesianism does NOT say that printing more money ALWAYS helps.
Nope, it can and it does. If the industry stalls because there's insufficient demand, then additional dollars in circulation help to restart it. Without causing inflation (i.e. price increases).
Productivity in ALL sectors is growing, mainly as a result of IT advances. And it doesn't require much additional training, so wages are NOT growing: http://www.epi.org/blog/worker...
So much for your theory that wages should reflect productivity growth. They don't. And babbling about GDP and inflation and conspiracies is inane - show us a complete model, without magic "here be conspiracies".
Except that the industrial revolution happened when most employers were small companies and needed qualified employees with specific experience. Also, industrial companies had a healthy profit margin (because of lots of added value).
That sort of stuff doesn't happen anymore. Productivity is growing but wages are stagnating. Again, this is not a point of view, but a fact.
No, you're DEMONSTRATABLY not. Most people in the US are dissatisfied with the number of vacation days ( http://www.zerohedge.com/news/... ) yet lack ANY power to change it. If the market actually worked (hint: it doesn't) then employers offering more vacation days would get better employees, gain a competitive advantage and crush employers with less vacation time.
Of course, in reality it's a race to the bottom. If a minimum vacation time wasn't set by law, then there'd be NO vacation time at all in a short amount of time.
One Becquerel means one decay per second. So Fukushima each month emits radioactive material that adds additional 1 million decays per second to the environment.
This is a very small number, the natural activity of radioactive materials inside a human body is about 10000 Bq. One gram of radium is 37 billions Becquerels. So the whole Fukushima disaster emitted the equivalent of about 30 grams of radium, not a trivial amount anymore, but still very small on the global scale. For comparison, one ton of uranium-bearing minerals contain about 0.1g of radium.
Most of the rainwater runs off into rivers or evaporates. Only a small fraction filters through into the aquifers. You can accelerate it by drilling wells and pouring water into these wells - and some cities actually do this.
You have to choose carefully. Watertable is a shared resource, and if it's not replenished then eventually you might find yourself without access to water once a large farm nearby sucks all of it to water plants. Getting information about watertable boundaries is surprisingly complicated.
Nope, I'm not confusing them. DoE provided necessary data on sulfur emissions and monitored the power plants. EPA was the one enforcing regulations, based on DoE data.
Bread was not free, though it was very cheap. And it was always available, even during the worst days of 1992 (when the country was breaking apart).
The line on the picture is not a bread line, it's a line before a meat shop. Also, it might seem silly, but the per-capita meat consumption of USSR in 1988 had been reached by Russia only in 2008.
It gets even better. All citizens of the USSR were guaranteed a certain amount of personal living space by law. And it was even free, you simply got the keys to your apartment from your nearest friendly Communist Party office.
Oh, medical care was also free.
Nope. You're talking about gazonk. Inflation is _defined_ as "a continuing rise in the general price level usually attributed to an increase in the volume of money and credit relative to available goods and services " in the Mariam-Webster dictionary. Simple increase in monetary supply doesn't mean anything.
If you're arguing that increased money supply is ALWAYS bad, then the burden is on you to create a model that demonstrates this. And then to validate the model by making predictions about the past and future events.
And? Feel free to invent your own term ('gazonk' sounds nice), build a theory that makes useful predictions around it and then explain to us why gazonk is so bad.
Right now you _dishonestly_ try to exploit a fear of inflation by redefining it to your liking.
Maybe you should reach into the early days of the Roman Empire for a definition? According to YOUR definition - inflation is good and we ALWAYS should have A LOT MORE of it.
According to MY definition (which is a generally accepted one) we right now have inflation that is lower than an optimal target. But larger inflation (which may happen in future) is also bad.
No. Deflation is defined in a dictionary as a "general decrease in market prices". Inflation is defined as "general increase in market prices". So far there's been no significant inflation since the start of the crisis (no significant deflation in the US either).
Feel free to call your monetary phenomena something else, and then explain why they are good or bad.
"Wheat futures for March delivery climbed 0.8 percent to $5.735 a bushel, the first gain in six sessions. On Jan. 10, the price fell to $5.605, the lowest since July 2010."
Wow, we have deflation!!!111ONEONEONE. Hmm, maybe another link?
Bad news for burrito addicts: Chipotle announced it will raise its prices for the first time in three years, by 5 percent, in response to the increase in beef, avocado and cheese prices.
Whole 5% other 3 years, that's like 1.5% of inflation each year! The sky is falling!
If you actually could follow a logical argument, you'd have checked http://bpp.mit.edu/usa/ - it tracks the actual prices. So far their numbers are in agreement with the official stats. But no, libertards prefer to live in imaginary worlds, they are too scared to actually admit that their mythology of tax cuts as a universal treatment is wrong.
So where _is_ this inflation? Why am I buying stuff for essentially the same amount that I was paying 6 years ago?
Just in the interest of continuing the discussions: https://www.youtube.com/watch?... - the text is "Servicemen of Armed Forces of Ukraine patrol the zone of Antiterrorist Operation". And on the two big vehicles are Buk command and launch modules, of course.
And Russia provided a video of the Buk launch (in IR) from Ukrainian territory: https://www.youtube.com/watch?...
Given that Ukraine routinely shoots into Russian territory (even killing several people on the Russian side), it's little wonder that Russia shoots back.
There are alternative ways to measure inflation. One Billion Prices project does this - it actually checks the prices of items sold on the Internet. Its values agree with the official stats.
Look, you've been preaching inflation for 5 years by now. At first it was hyperinflation round the corner, then it was 'delayed' inflation, then something else. Now it's the government conspiracy. What next? Aliens substituting people to fake inflation numbers?
Nope. You fail Keynesianism. Look, go and study orthodox saltwater economics. You simply have no idea what you're talking about.
For comparison, I read Austerian babbles and monetarism theories. I _know_ them, even though I disagree with them. But you simply don't know the stuff you're talking about.
Neokeynesianism says that "fake" money CAN boost output and growth, if conditions are right. One of the criteria is the rate at zero lower bound. Note, Keynesianism does NOT say that printing more money ALWAYS helps.
Nope, it can and it does. If the industry stalls because there's insufficient demand, then additional dollars in circulation help to restart it. Without causing inflation (i.e. price increases).
Productivity in ALL sectors is growing, mainly as a result of IT advances. And it doesn't require much additional training, so wages are NOT growing: http://www.epi.org/blog/worker...
So much for your theory that wages should reflect productivity growth. They don't. And babbling about GDP and inflation and conspiracies is inane - show us a complete model, without magic "here be conspiracies".
Except that the industrial revolution happened when most employers were small companies and needed qualified employees with specific experience. Also, industrial companies had a healthy profit margin (because of lots of added value).
That sort of stuff doesn't happen anymore. Productivity is growing but wages are stagnating. Again, this is not a point of view, but a fact.
What laws govern conservation of monetary amount? Right now US and ALL other advanced countries have capacity to produce much more than needed.
Read: "race down to the bottom", please. Only then you are allowed to resume your inane bumbling.
No, you're DEMONSTRATABLY not. Most people in the US are dissatisfied with the number of vacation days ( http://www.zerohedge.com/news/... ) yet lack ANY power to change it. If the market actually worked (hint: it doesn't) then employers offering more vacation days would get better employees, gain a competitive advantage and crush employers with less vacation time.
Of course, in reality it's a race to the bottom. If a minimum vacation time wasn't set by law, then there'd be NO vacation time at all in a short amount of time.
One Becquerel means one decay per second. So Fukushima each month emits radioactive material that adds additional 1 million decays per second to the environment.
This is a very small number, the natural activity of radioactive materials inside a human body is about 10000 Bq. One gram of radium is 37 billions Becquerels. So the whole Fukushima disaster emitted the equivalent of about 30 grams of radium, not a trivial amount anymore, but still very small on the global scale. For comparison, one ton of uranium-bearing minerals contain about 0.1g of radium.
Most of the rainwater runs off into rivers or evaporates. Only a small fraction filters through into the aquifers. You can accelerate it by drilling wells and pouring water into these wells - and some cities actually do this.
Mild salt content is not a problem if there's at least some rainfall. Salted ground becomes a problem if you rely ONLY on irrigation.
You have to choose carefully. Watertable is a shared resource, and if it's not replenished then eventually you might find yourself without access to water once a large farm nearby sucks all of it to water plants. Getting information about watertable boundaries is surprisingly complicated.
Humans, reportedly, taste just like bacon. So you're in luck.
Nope, I'm not confusing them. DoE provided necessary data on sulfur emissions and monitored the power plants. EPA was the one enforcing regulations, based on DoE data.
Get back to actual science. I don't yet have a fusion reactor in my home. What the fuck am I paying you clowns for?
For not having to breathe sulfuric acid (acid rain)? Or not having your river catch a fire? Yeah, all those damn progressives ruin everything.