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7pm Mon 14 Aug MST on News Nation!

He was pretty good until he came to Federal Spending and the massive, mind-blowing debt. Then he blew it. He either doesn't understand the problem or is lying. I don't think he's stupid. This guy is not going to go after the FED which is the root of the problem. Not fixing it, blowing it to pieces and returning to legal, constitutional money.

planosteve wrote:He was pretty good until he came to Federal Spending and the massive, mind-blowing debt. Then he blew it. He either doesn't understand the problem or is lying. I don't think he's stupid. This guy is not going to go after the FED which is the root of the problem. Not fixing it, blowing it to pieces and returning to legal, constitutional money.

That was really dumb

No one would say anything like that because it’s a useless dead end.

GFB wrote:

planosteve wrote:He was pretty good until he came to Federal Spending and the massive, mind-blowing debt. Then he blew it. He either doesn't understand the problem or is lying. I don't think he's stupid. This guy is not going to go after the FED which is the root of the problem. Not fixing it, blowing it to pieces and returning to legal, constitutional money.

That was really dumb

No one would say anything like that because it’s a useless dead end.

We either fix it or get ready for the $1,000 hamburger.
https://www.dw.com/en/1923-how-weimar-c ... a-64184767

planosteve wrote:

GFB wrote:

planosteve wrote:He was pretty good until he came to Federal Spending and the massive, mind-blowing debt. Then he blew it. He either doesn't understand the problem or is lying. I don't think he's stupid. This guy is not going to go after the FED which is the root of the problem. Not fixing it, blowing it to pieces and returning to legal, constitutional money.

That was really dumb

No one would say anything like that because it’s a useless dead end.

We either fix it or get ready for the $1,000 hamburger.
https://www.dw.com/en/1923-how-weimar-c ... a-64184767

I guess you haven’t noticed that we’ve had months of “disinflation.”

GFB wrote:

planosteve wrote:

GFB wrote:
That was really dumb

No one would say anything like that because it’s a useless dead end.

We either fix it or get ready for the $1,000 hamburger.
https://www.dw.com/en/1923-how-weimar-c ... a-64184767

I guess you haven’t noticed that we’ve had months of “disinflation.”

Yeah right. Bought any gas lately?

planosteve wrote:

GFB wrote:

planosteve wrote:We either fix it or get ready for the $1,000 hamburger.
https://www.dw.com/en/1923-how-weimar-c ... a-64184767

I guess you haven’t noticed that we’ve had months of “disinflation.”

Yeah right. Bought any gas lately?

Yes..inflation has dropped from a high of 9% in July of 2022, to about 3% now.

That’s called disinflation.

GFB wrote:

planosteve wrote:

GFB wrote:
I guess you haven’t noticed that we’ve had months of “disinflation.”

Yeah right. Bought any gas lately?

Yes..inflation has dropped from a high of 9% in July of 2022, to about 3% now.

That’s called disinflation.

No, prices don't "inflate" or "deflate". They go up or down.
It's the money supply that inflates or deflates based on how much money the FED creates out of thin air.
Do you have a wheel barrel? If not better get one.

planosteve wrote:

GFB wrote:

planosteve wrote:Yeah right. Bought any gas lately?

Yes..inflation has dropped from a high of 9% in July of 2022, to about 3% now.

That’s called disinflation.

No, prices don't "inflate" or "deflate". They go up or down.
It's the money supply that inflates or deflates based on how much money the FED creates out of thin air.
Do you have a wheel barrel? If not better get one.

Inflation has dropped drastically

..and we do not have deflation. We have disinflation.

China is presently having deflation..deflation is very bad.

Deflation is prices and the value of things actually dropping. It often starts a spiral that is difficult to reverse.

Disinflation is good. It’s a former inflationary environment coming back to normal.

You should read about these things.

I have read about them. A lot more than you have I'm sure. I'd recommend you read Ron Paul first since your starting from scratch.
https://www.amazon.com/Revolution-Manif ... 125&sr=1-1

https://www.amazon.com/End-Fed-Ron-Paul ... 125&sr=1-2

planosteve wrote:I have read about them. A lot more than you have I'm sure. I'd recommend you read Ron Paul first since your starting from scratch.
https://www.amazon.com/Revolution-Manif ... 125&sr=1-1

https://www.amazon.com/End-Fed-Ron-Paul ... 125&sr=1-2

You’re just obsessed with the Fed.

..and believe all problems come from there.

Learn what these things I mentioned are, first..then you can worry about the various things that CAUSE inflation.

The primary cause of the inflation of the last two years..was a broken supply chain.

Everyone suddenly wanted their lives back and do all the things they did before 2020.

And “too much money was chasing too few goods.”..and services.

It’s basic economics.

GFB wrote:

planosteve wrote:I have read about them. A lot more than you have I'm sure. I'd recommend you read Ron Paul first since your starting from scratch.
https://www.amazon.com/Revolution-Manif ... 125&sr=1-1

https://www.amazon.com/End-Fed-Ron-Paul ... 125&sr=1-2

You’re just obsessed with the Fed.

..and believe all problems come from there.

Learn what these things I mentioned are, first..then you can worry about the various things that CAUSE inflation.

The primary cause of the inflation of the last two years..was a broken supply chain.

Everyone suddenly wanted their lives back and do all the things they did before 2020.

And “too much money was chasing too few goods.”..and services.

It’s basic economics.

Well, you got one right. "too much money". That's the FED's doing. All the rest are wrong.

planosteve wrote:

GFB wrote:

planosteve wrote:I have read about them. A lot more than you have I'm sure. I'd recommend you read Ron Paul first since your starting from scratch.
https://www.amazon.com/Revolution-Manif ... 125&sr=1-1

https://www.amazon.com/End-Fed-Ron-Paul ... 125&sr=1-2

You’re just obsessed with the Fed.

..and believe all problems come from there.

Learn what these things I mentioned are, first..then you can worry about the various things that CAUSE inflation.

The primary cause of the inflation of the last two years..was a broken supply chain.

Everyone suddenly wanted their lives back and do all the things they did before 2020.

And “too much money was chasing too few goods.”..and services.

It’s basic economics.

Well, you got one right. "too much money". That's the FED's doing. All the rest are wrong.

Ok, so what caused the inflation, and what caused it to collapse as fast as it rose?

Be specific. I was.

Of course, now we will not be given an opinion with an explanation..just a kookburger link.

Ok, so what caused the inflation, and what caused it to collapse as fast as it rose?

The same thing that has always caused inflation, the FED. Inflation means to get larger, not go up. And it doesn't get smaller, ever. The real purpose of the FED is to enable govt. to spend money without taxing it. Why do you think the Constitution specifies that only gold and silver are to be lawful money? They knew what would happen. That's why we now have almost nonstop war since the Wilson administration that said it would "help business". Well, it certainly helped some of them. The arms merchants and the undertakers.

planosteve wrote:

Ok, so what caused the inflation, and what caused it to collapse as fast as it rose?

The same thing that has always caused inflation, the FED. Inflation means to get larger, not go up. And it doesn't get smaller, ever. The real purpose of the FED is to enable govt. to spend money without taxing it. Why do you think the Constitution specifies that only gold and silver are to be lawful money? They knew what would happen. That's why we now have almost nonstop war since the Wilson administration that said it would "help business". Well, it certainly helped some of them. The arms merchants and the undertakers.

You got one thing right.

The Fed does help government spend more and more money.

Everything else you said is not true..and I will prove that right now..

Although there are MANY things that can cause or contribute to inflation, this was a supply chain caused problem.

Beginning just after the Financial Crisis of 2008, the Fed spent the next 13 years desperately trying to RAISE inflation to their goal of 2%. Despite keeping interest rates at zero and printing money like never before during those years..they failed miserably.

At the end of 2020, inflation was sitting at 1.5% and had not budged in years.

One year into Covid, when people wanted to spend like they did in 2019, there was no stuff for them to buy..inflation went from 1.5% to 9.2% in no time.

As soon as the supply chain began to normalize, so did inflation.

You didn't "prove" squat. Words have meanings. Price increases and monetary inflation are completely different concepts. Look them up!
And then read a couple of Ron Paul's books.

The words..pig headed fool come to mind.

GFB wrote:The words..pig headed fool come to mind.

At least we're finally on the same page!