Government Shut Down

[Adak]

Originally Posted by Undertoad

We did think about that the last time you posted it, and we found that it was not adjusted for inflation. That makes it extremely dishonest.

Now that is a very good observation, now ask yourself "WHO is causing the inflation? What is causing the inflation?

Overspending, and printing more and more money, when we don't have the actual increase in our economy's wealth, to cover it.

And WHO is spending more money, and using the treasury dept to print out more money, so we can afford to buy back our own debt with devalued money?

Just because he uses the treasury dept to help him steal from your bank account and wallet, doesn't mean that Obama is a nice guy. He is in fact, a huge thief. Perhaps the worlds largest thief, because of his policies.

[tw]

Originally Posted by Adak

Overspending, and printing more and more money, when we don't have the actual increase in our economy's wealth, to cover it.

If true, then we would have stagflation all over again. You have defined what Nixon did to create great harm to the American economy. We do not have stagflation because we are not making that mistake.

We are, however, still trying to fix a larger mistake that previously created another massive recession in 1929. Back then we also foolishly enriched the rich. At that time, our forefathers did not understand this problem as it was being created. Today we know enriching the rich even destroys jobs. And again we made that mistake. Some still do not appreciate how much damage was created. And why we were so close to a 40% unemployment.

[henry quirk]

Perry,

"contemplating widespread suffering"

Contemplation is not advocacy.

##

Dana,

'in America, who, today, has the biggest stick?'

"Easy: the one with the soldiers' wages."

So: name the wage-holders, the wage controllers.

[Undertoad]

Originally Posted by Adak

Now that is a very good observation, now ask yourself "WHO is causing the inflation? What is causing the inflation?

Overspending, and printing more and more money, when we don't have the actual increase in our economy's wealth, to cover it.

Guess what. Oh you'll never guess. Not only is this criticism not true if you adjust for inflation, it's not true if you DON'T!

Not adjusting for inflation is the second answer on this stackexchange discussion. The first answer is looking at the question without even adjusting for inflation.

See there's criticism, which I'm very open to, and then there's shit-flinging monkeys. Most criticism on both sides comes from shit-flinging monkeys. Don't be a shit-flinging monkey. We already have way too many of those.

[Adak]

Originally Posted by Undertoad

Guess what. Oh you'll never guess. Not only is this criticism not true if you adjust for inflation, it's not true if you DON'T!

Not adjusting for inflation is the second answer on this stackexchange discussion. The first answer is looking at the question without even adjusting for inflation.

See there's criticism, which I'm very open to, and then there's shit-flinging monkeys. Most criticism on both sides comes from shit-flinging monkeys. Don't be a shit-flinging monkey. We already have way too many of those.

So in your opinion, inflation is not caused by government and treasury dept. policies, including the Fed. Res. Bank?

You are a national treasure!

Too bad every single economist, politician in either party, and the people who work in the above departments of gov't / institution, disagree with you.

[Undertoad]

Originally Posted by Adak

So in your opinion, inflation is not caused by government and treasury dept. policies, including the Fed. Res. Bank?

You are a national treasure!

Too bad every single economist, politician in either party, and the people who work in the above departments of gov't / institution, disagree with you.

You may not be intelligent or intellectually honest enough for us to have this discussion. It is not about inflation. It is about adjusting for inflation.

Do you know what adjusting for inflation is, and why it's important when comparing dollars from 1970 against dollars from today?

[Adak]

Originally Posted by Undertoad

You may not be intelligent or intellectually honest enough for us to have this discussion. It is not about inflation. It is about adjusting for inflation.

Do you know what adjusting for inflation is, and why it's important when comparing dollars from 1970 against dollars from today?

You're too insulting to have an intelligent conversation with, it appears.

[BigV]

Originally Posted by Adak

You're too insulting to have an intelligent conversation with, it appears.

Please overlook the insult if you can, Adak. Can you, will you please, answer his question about adjusting for inflation and how it applies to your original point?