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  1. #1
    Senior Member Lateralus's Avatar
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    Default Quantitative Easing Explained

    "We grow up thinking that beliefs are something to be proud of, but they're really nothing but opinions one refuses to reconsider. Beliefs are easy. The stronger your beliefs are, the less open you are to growth and wisdom, because "strength of belief" is only the intensity with which you resist questioning yourself. As soon as you are proud of a belief, as soon as you think it adds something to who you are, then you've made it a part of your ego."

  2. #2

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    Why would they want inflation?

    That's daft, this is propaganda.

  3. #3
    Senior Member Lateralus's Avatar
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    Many economists believe that (low) inflation is beneficial for the economy.
    "We grow up thinking that beliefs are something to be proud of, but they're really nothing but opinions one refuses to reconsider. Beliefs are easy. The stronger your beliefs are, the less open you are to growth and wisdom, because "strength of belief" is only the intensity with which you resist questioning yourself. As soon as you are proud of a belief, as soon as you think it adds something to who you are, then you've made it a part of your ego."

  4. #4
    Yeah, I can fly. Aleksei's Avatar
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    The problem isn't inflation, the problem is unstable inflation. It creates what I term "demand mirages," which cause sectors of the economy to suddenly become unprofitable if the rate of expansion drops off.
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  5. #5

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    Yeah Lateralus that's what I meant, they'd not want high inflation.

    To be honest the video sounded like a lot of Tea Party scripts, a cabal of international bankers (jews?) has it in for America. Repeat.

  6. #6
    nee andante bechimo's Avatar
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    It was a clever clip but wasn't being objectively informative.

  7. #7
    Administrator highlander's Avatar
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    Awesome video. Very funny!!

    Maybe not objective, maybe not entirely true, but very amusing. There are grains of truth there.

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  8. #8
    Oberon
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    Default Quantitative Easing Explained

    Here's a reality check on Quantitative Easing, pretty much in a nutshell.

    [YOUTUBE="http://www.youtube.com/watch?v=PTUY16CkS-k"]Quantitative Easing Explained[/YOUTUBE]

  9. #9
    Oberon
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    "The Fed is led by the Ben Bernank," as though he's some sort of disease...!

  10. #10
    Senior Member Lateralus's Avatar
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    "We grow up thinking that beliefs are something to be proud of, but they're really nothing but opinions one refuses to reconsider. Beliefs are easy. The stronger your beliefs are, the less open you are to growth and wisdom, because "strength of belief" is only the intensity with which you resist questioning yourself. As soon as you are proud of a belief, as soon as you think it adds something to who you are, then you've made it a part of your ego."

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