Log in
Register
Home
Forums
New posts
Search forums
What's new
New posts
New profile posts
Latest activity
News
Members
Current visitors
New profile posts
Search profile posts
Features
Log in
Register
Search
Search titles only
By:
Search titles only
By:
New posts
Search forums
Menu
Install the app
Install
Reply to thread
Home
Forums
Off Topic
The Basement
hyper inflation in the USA?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
<blockquote data-quote="John Roberts" data-source="post: 23794" data-attributes="member: 126"><p>Re: hyper inflation in the USA?</p><p></p><p>Another problem with Bernanke and other central bankers, is they are like the worker with only a hammer in their tool kit. That hammer may not be the right tool for the job, while Bernanke seem to have created multiple new kinds of hammers, to grow the money supply after hitting 0% interest rates some time ago. </p><p></p><p>You know what they say about simple answers... I hope Bernanke and friends are as smart as they think they are. </p><p></p><p>A little inflation is less bad than a little deflation. because it is easier to reverse...Deflation has its own positive feedback and feeds on itself, getting worse quickly once the seeds of deflation take hold. That said they do seem to be gaming the full measure of inflation and perhaps understating it. </p><p></p><p>I suspect they are motivated by fear of deflation first, and preserving political capital (survival) second, but only time will tell. I personally wish they would stop pushing on the monetary string. </p><p></p><p>JR</p></blockquote><p></p>
[QUOTE="John Roberts, post: 23794, member: 126"] Re: hyper inflation in the USA? Another problem with Bernanke and other central bankers, is they are like the worker with only a hammer in their tool kit. That hammer may not be the right tool for the job, while Bernanke seem to have created multiple new kinds of hammers, to grow the money supply after hitting 0% interest rates some time ago. You know what they say about simple answers... I hope Bernanke and friends are as smart as they think they are. A little inflation is less bad than a little deflation. because it is easier to reverse...Deflation has its own positive feedback and feeds on itself, getting worse quickly once the seeds of deflation take hold. That said they do seem to be gaming the full measure of inflation and perhaps understating it. I suspect they are motivated by fear of deflation first, and preserving political capital (survival) second, but only time will tell. I personally wish they would stop pushing on the monetary string. JR [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Off Topic
The Basement
hyper inflation in the USA?
Top
Bottom
Sign-up
or
log in
to join the discussion today!