User Tag List

First 12

Results 11 to 18 of 18

  1. #11
    The Eighth Colour Octarine's Avatar
    Join Date
    Oct 2007
    MBTI
    Aeon
    Enneagram
    10w so
    Socionics
    LOL
    Posts
    1,366

    Default

    Quote Originally Posted by reason View Post
    Over the past three years, by allowing some of the increase in money demand to go unchecked, the Fed has been passively contractionary.
    This is true, but of course in the years before that, there was an unprecedented increase in supply of money in most western countries, resulting in the real estate boom we all know and love (or hate). The Fed's recent behaviour is likely because they were coming off a high base.

    To change the topic slightly, I think it is about time reserve banks acknowledge that the way they measure the the variables in the economy, especially CPI type price inflation measures can ultimately distort the economy. If you lower the weightings of land or petroleum so that they no longer reflect the typical costs of living of a citizen, then the resulting prices are going to be more elastic. (It is a different question whether this is a good thing or a bad thing in the case of oil prices)

  2. #12
    Banned
    Join Date
    Nov 2009
    Posts
    2,390

    Default

    Quote Originally Posted by Burning Rave View Post
    Increase in food prices and oil prices has been going on for years and this is besides the point that the feds are printing money.
    I would stress that the problem before was the economy overheating. However it is my viewpoint that what we are now suffering from is a lack of natural resources to meet demand.

    Observe:



    I'm not surprised the food price index went wonky before the recession hit when people woke up, however it is intimidating that the index is currently rising during a period of extended recession; is that inflation of currency or is it a marked increase in demand relative to supply increasing prices?

  3. #13
    Senior Member
    Join Date
    Nov 2009
    MBTI
    INFP
    Posts
    470

    Default

    The reason why they can't increase the monetairy supply that easily, is because it's getting harder to get oil cheaply...which is the lifeblood of an economy. Now a comparison between dollars and oil is not that accurate, considering money supply has increased. Prices versus Gold, oil has remained rather flat, but considering gold was rising to it's highpoint and oil following....i'de postulate you can truelly tell oil is getting more expensive in general from a market perspective.

    I liked rupperts words here. When the infinite growth paradigm collides with finite energy.

  4. #14
    The Eighth Colour Octarine's Avatar
    Join Date
    Oct 2007
    MBTI
    Aeon
    Enneagram
    10w so
    Socionics
    LOL
    Posts
    1,366

    Default

    Quote Originally Posted by InvisibleJim View Post
    however it is intimidating that the index is currently rising during a period of extended recession
    Given that you quoted a world index, I would suggest it reflects the fact that much of the world isn't in a recession.

    http://www.tradingeconomics.com/china/gdp-growth
    http://www.tradingeconomics.com/india/gdp-growth
    http://www.tradingeconomics.com/unit...tes/gdp-growth
    http://www.tradingeconomics.com/germany/gdp-growth

    There are countries that are suffering though - Japan for example.

  5. #15
    Banned
    Join Date
    Nov 2009
    Posts
    2,390

    Default

    Quote Originally Posted by Catbert View Post
    Given that you quoted a world index, I would suggest it reflects the fact that much of the world isn't in a recession.
    I agree entirely. I would stipulate that it is an oversupply of OECD money leading to higher prices; put simply, other currencies and parts of the world are gaining traction in terms of real wealth and are providing more demand to the market relative to what the OECD can afford.

  6. #16

    Default

    Quote Originally Posted by InvisibleJim View Post
    It would appear that Lindsay Lohan has a more acute sense of the real economy than the Federal reserve.



    I agree with her observation.

    Discuss.
    LOL @ Monetarism.

  7. #17

    Default

    Quote Originally Posted by Catbert View Post
    Given that you quoted a world index, I would suggest it reflects the fact that much of the world isn't in a recession.

    http://www.tradingeconomics.com/china/gdp-growth
    http://www.tradingeconomics.com/india/gdp-growth
    http://www.tradingeconomics.com/unit...tes/gdp-growth
    http://www.tradingeconomics.com/germany/gdp-growth

    There are countries that are suffering though - Japan for example.
    That I agree with, I actually believe that this whole damn mess has been a mixture of boardroom corruption or caprice and economic warfare by the US and UK to be the only alternative to Chinese Market Maoism, Greece is screwed and I expect it to have an impact on the Eurozone, which will seriously impair the likelihood of that political and trading bloc emerging as a dominant or even challenging economic paradigm.

    Unmitigated capitalism is a pipe dream of the rich and ideologues attempts to realise it will just be like attempts to realise perfect communism.

  8. #18
    The Eighth Colour Octarine's Avatar
    Join Date
    Oct 2007
    MBTI
    Aeon
    Enneagram
    10w so
    Socionics
    LOL
    Posts
    1,366

    Default

    The increased severity of economic problems in Greece, Spain, Ireland, Iceland, Belgium, Portugal, Estonia etc are due to the failure of the Euro (currency) experiment. The pain will continue until these countries become economically homogenous, or they accept that the Eurozone is too large for a single currency.
    Argentina went through similar pain when they were pegged to the USD.

    Meanwhile, economists are preparing their "I told you so" speech.

Similar Threads

  1. Britney Spears vs Lindsay Lohan
    By Lightyear in forum Popular Culture and Type
    Replies: 34
    Last Post: 09-12-2015, 02:41 PM
  2. Lindsay Lohan: Addict or Spoiled
    By spartan26 in forum Arts & Entertainment
    Replies: 22
    Last Post: 12-18-2008, 12:12 AM
  3. Lindsay Lohan Applauds the Election of ‘Our First Colored President’
    By Usehername in forum Politics, History, and Current Events
    Replies: 33
    Last Post: 11-14-2008, 04:46 AM
  4. [MBTItm] The goal of T vs the goal of F
    By murkrow in forum The NT Rationale (ENTP, INTP, ENTJ, INTJ)
    Replies: 25
    Last Post: 08-12-2008, 02:31 PM
  5. MBTI vs the MBTI Step II test
    By Totenkindly in forum Myers-Briggs and Jungian Cognitive Functions
    Replies: 19
    Last Post: 05-31-2008, 09:25 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Single Sign On provided by vBSSO