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Re: Deflation in China
[Re: Bob_Iowa]
#7944853
09/05/23 08:24 PM
09/05/23 08:24 PM
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Joined: May 2010
Posts: 10,743
MN
Steven 49er
trapper
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trapper
Joined: May 2010
Posts: 10,743
MN
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Deflation is a good thing if one is a saver. Not so much for the borrower
"Gold is money, everything else is just credit" JP Morgan
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Re: Deflation in China
[Re: Bob_Iowa]
#7944987
09/05/23 10:13 PM
09/05/23 10:13 PM
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Joined: May 2010
Posts: 10,743
MN
Steven 49er
trapper
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trapper
Joined: May 2010
Posts: 10,743
MN
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A deflationary environment in this country will have serious consequences
"Gold is money, everything else is just credit" JP Morgan
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Re: Deflation in China
[Re: Bob_Iowa]
#7944989
09/05/23 10:15 PM
09/05/23 10:15 PM
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Joined: Aug 2011
Posts: 46,404
james bay frontierOnt.
Boco
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trapper
Joined: Aug 2011
Posts: 46,404
james bay frontierOnt.
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Why?Lots of people now in the underground economy.
Only gonna hurt the Man.
Last edited by Boco; 09/05/23 10:15 PM.
Forget that fear of gravity-get a little savagery in your life.
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Re: Deflation in China
[Re: Bob_Iowa]
#7944995
09/05/23 10:17 PM
09/05/23 10:17 PM
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Joined: May 2010
Posts: 10,743
MN
Steven 49er
trapper
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trapper
Joined: May 2010
Posts: 10,743
MN
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Robert, I think you know why
"Gold is money, everything else is just credit" JP Morgan
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Re: Deflation in China
[Re: charles]
#7945019
09/05/23 10:37 PM
09/05/23 10:37 PM
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Joined: Feb 2008
Posts: 1,575
WI
BvrRetriever
trapper
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trapper
Joined: Feb 2008
Posts: 1,575
WI
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China has an aging problem and a workforce problem. Both could sink it. And how does that differ from our situation??
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Re: Deflation in China
[Re: BvrRetriever]
#7945028
09/05/23 10:59 PM
09/05/23 10:59 PM
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Joined: Dec 2010
Posts: 11,376
Armpit, ak
Dirt
trapper
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trapper
Joined: Dec 2010
Posts: 11,376
Armpit, ak
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China has an aging problem and a workforce problem. Both could sink it. And how does that differ from our situation?? And Europe's and Japan's. Socialist Ponzi schemes need more paying in than collecting.
Who is John Galt?
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Re: Deflation in China
[Re: Bob_Iowa]
#7945042
09/05/23 11:31 PM
09/05/23 11:31 PM
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Joined: Mar 2014
Posts: 3,870
Central Texas
Chancey
trapper
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trapper
Joined: Mar 2014
Posts: 3,870
Central Texas
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I say let it rip. This country gotten too big for its britches. Its abundantly clear, that the folks in charge of the dollar have no idea what they are doing; or how could they? We are in uncharted waters.
Resident Conspiracy Theorist
Accused Moron, Nazi, Low IQ, and Putin Fan Boy
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Re: Deflation in China
[Re: Chancey]
#7945046
09/05/23 11:41 PM
09/05/23 11:41 PM
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Joined: Dec 2010
Posts: 11,376
Armpit, ak
Dirt
trapper
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trapper
Joined: Dec 2010
Posts: 11,376
Armpit, ak
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I say let it rip. This country gotten too big for its britches. Its abundantly clear, that the folks in charge of the dollar have no idea what they are doing; or how could they? We are in uncharted waters. The FED is mandated to accomplish certain things. When they stay within the mandate, they are just following the law. Do you want them to manipulate inflation and unemployment? It will cycle regardless.
Who is John Galt?
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Re: Deflation in China
[Re: Bob_Iowa]
#7945051
09/05/23 11:44 PM
09/05/23 11:44 PM
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Joined: Mar 2014
Posts: 3,870
Central Texas
Chancey
trapper
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trapper
Joined: Mar 2014
Posts: 3,870
Central Texas
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I thought they already were manipulating the real inflation and unemployment numbers Dirt?
Resident Conspiracy Theorist
Accused Moron, Nazi, Low IQ, and Putin Fan Boy
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Re: Deflation in China
[Re: Chancey]
#7945052
09/05/23 11:51 PM
09/05/23 11:51 PM
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Joined: Dec 2010
Posts: 11,376
Armpit, ak
Dirt
trapper
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trapper
Joined: Dec 2010
Posts: 11,376
Armpit, ak
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I thought they already were manipulating the real inflation and unemployment numbers Dirt? The government calculates those numbers. The FED just manipulates interest rates and creates money.
Who is John Galt?
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Re: Deflation in China
[Re: Bob_Iowa]
#7945053
09/05/23 11:57 PM
09/05/23 11:57 PM
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Joined: Mar 2014
Posts: 3,870
Central Texas
Chancey
trapper
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trapper
Joined: Mar 2014
Posts: 3,870
Central Texas
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You see a distinction between the government and the FED; as if they were separate entities. I don’t.
Resident Conspiracy Theorist
Accused Moron, Nazi, Low IQ, and Putin Fan Boy
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Re: Deflation in China
[Re: Chancey]
#7945055
09/06/23 12:11 AM
09/06/23 12:11 AM
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Joined: Dec 2010
Posts: 11,376
Armpit, ak
Dirt
trapper
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trapper
Joined: Dec 2010
Posts: 11,376
Armpit, ak
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You see a distinction between the government and the FED; as if they were separate entities. I don’t. Yes I do. The FED, when they have a responsible chairmen, will do his job, regardless of the pressure. IMHO they doing a good job now. IMHO they should put pressure on politicians to do their jobs.
Who is John Galt?
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Re: Deflation in China
[Re: Bob_Iowa]
#7945057
09/06/23 12:17 AM
09/06/23 12:17 AM
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Joined: Mar 2014
Posts: 3,870
Central Texas
Chancey
trapper
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trapper
Joined: Mar 2014
Posts: 3,870
Central Texas
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I don't ever remember voting for someone that works for the FED. So, they must be appointed and hired. Who appoints them?
Resident Conspiracy Theorist
Accused Moron, Nazi, Low IQ, and Putin Fan Boy
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