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Index » Radio Paradise/General » General Discussion » Predictions Page: Previous  1, 2, 3 ... 5, 6, 7 ... 13, 14, 15  Next
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aflanigan

aflanigan Avatar

Location: At Sea
Gender: Male


Posted: Jun 8, 2013 - 2:04pm

 miamizsun wrote:

well there's difference between inflation and hyperinflation and because schiff was spot on about the housing bubble doesn't mean he's gonna nail this one too
 
So, then, what's the difference between inflation, and "nasty inflation", and hyperinflation?  Strikes me as a lot of hair/splitting/back pedaling.

People on fixed incomes (like people with money in a mattress) do run the risk of having their buying power diminish due to inflation. Isn't zero inflation basically an unrealistic economic goal, however?

Most people understand that periodic increases in earnings are necessary to maintain a certain standard of living. That's why there's a push on for raising minimum wage, for example.
regards
EDIT: an estimation of the optimal inflation rate
DD gypsyman

DD gypsyman Avatar

Location: Joined Nov 27, 2006
Gender: Male


Posted: Jun 8, 2013 - 1:43pm

Its gonna be a big time on the old town tonight.


miamizsun

miamizsun Avatar

Location: (3283.1 Miles SE of RP)
Gender: Male


Posted: Jun 8, 2013 - 1:25pm

 aflanigan wrote:


I agree, you should tweak your list.

libertarians/Austrian Economics proponents have been warning for months/years that we are in for hyperinflation.

Like the broken clock which tells the right time twice every day, I suppose if you keep repeating it, you're bound to be right sooner or later . . .

 
well there's difference between inflation and hyperinflation and because schiff was spot on about the housing bubble doesn't mean he's gonna nail this one too

when trying to get to what real inflation looks like i prefer (or i'd like) some sort of standard, but that gets changed from time to time

or you might ask all the retirees you know (people on a fixed income how they're doing or about how far their money is going since they've retired)

it's one of the questions i ask

if inflation historically averages 3-4% and your parents have CDs and savings that aren't making that then their purchasing power is going backwards

there's a trend of this happening and it looks like this



simplified example:

generally if growth is three per cent and you increase the money supply by three percent the dollar could at least hold it's value/purchasing power

when you increase the supply too much, you'll see a downward trend

the boomers are retiring out at a increasing rate and we'll see inflation's effects more and more on these folks

krugman's conflicted thinking has been brought to light by some (repeatedly)

some of those folks calling for the dollar to crash are taking into consideration that it may lose reserve currency status (like converting oil bourse trading in other currencies)

here's a handy little inflation calc that you can play with

regards

aflanigan

aflanigan Avatar

Location: At Sea
Gender: Male


Posted: Jun 8, 2013 - 12:38pm

 miamizsun wrote:

due to a massively expanding money supply (government endorsed counterfeiting) we'll end with some nasty inflation.

 

I agree, you should tweak your list.

libertarians/Austrian Economics proponents have been warning for months/years that we are in for hyperinflation.

Like the broken clock which tells the right time twice every day, I suppose if you keep repeating it, you're bound to be right sooner or later . . .
miamizsun

miamizsun Avatar

Location: (3283.1 Miles SE of RP)
Gender: Male


Posted: Jun 8, 2013 - 12:25pm

 sirdroseph wrote:
nice job MS, you nailed it!!{#Clap}{#Notworthy}

 
not really

it's possible the bills could eventually win the super bowl


miamizsun

miamizsun Avatar

Location: (3283.1 Miles SE of RP)
Gender: Male


Posted: Jun 8, 2013 - 12:23pm

miamizsun wrote:

Government will tax and censor the internet.

You'll have to get a government license too access the web too.


this one is easy...

our gubmint initiates aggressive web/cyber attacks on other gubmints/groups and when someone responds/hits back and causes an issue it will be blown way the f out of proportion and bam!
it'll all be justified (a lot of the spying and data mining), the censoring and complete monitoring (or as best they can) of the web activity here
but of course it's all for our safety, right?

Obama orders US to draw up overseas target list for cyber-attacks

Exclusive: Top-secret directive steps up offensive cyber capabilities to 'advance US objectives around the world'


sirdroseph

sirdroseph Avatar

Location: Not here, I tell you wat
Gender: Male


Posted: Apr 17, 2013 - 6:01am

 miamizsun wrote:

i've been told it's my turn to post some starter poop for the next virtual cage match

i should probably tweak this list as well
 

Nice job MS, you nailed it!!{#Clap}{#Notworthy}
miamizsun

miamizsun Avatar

Location: (3283.1 Miles SE of RP)
Gender: Male


Posted: Apr 17, 2013 - 5:38am

 miamizsun wrote:
A few calls I'd like to make....

Government(s) will demand broad sweeping powers and enable their corporatist partners.

The evil central bankers/IMF will push for a one (single) world currency, which they'll issue/control.

And encourage a cashless society.

We might see some short term deflation, but due to a massively expanding money supply (government endorsed counterfeiting) we'll end with some nasty inflation.

Government will tax and censor the internet.

You'll have to get a government license too access the web too.

Expect more war(s), especially for resources, wealth in the ground, of course they'll be in the name of protection/terrorism.

Basic goods and services will get much more expensive. (water will be a biggie, food and energy are going to be up there too)

People will revolt, protest and push back, and they'll be labeled. (Travel & movements will be monitored and restricted - Police State)

Your government will direct your law enforcement and military to squash any uprising.

I'll be labeled a cynic by those who haven't studied history.

If you're reading this, the Buffalo Bills will never win a Super Bowl (in your lifetime.)

And finally, when people are sick up and fed with entropy and desolation, the human race will rise from the ashes and hopefully understand that peace and prosperity through non-aggression is the only way to truly live.

Regards

(this is a fairly quick and spontaneous list and I'm sure I've left out a few items, so feel free to add and discuss)

 
i've been told it's my turn to post some starter poop for the next virtual cage match

i should probably tweak this list as well

Red_Dragon

Red_Dragon Avatar

Location: Dumbf*ckistan


Posted: Nov 29, 2012 - 6:48pm

some coastal cities will be swallowed by the sea in my lifetime
Coaxial

Coaxial Avatar

Location: Comfortably numb in So Texas
Gender: Male


Posted: Nov 29, 2012 - 5:40am

 BlueHeronDruid wrote:

Bokey is to be said "bokey, bokey, bokey.
k?

We had a single number. And not the powerball.



 
You beat us by one number.
BlueHeronDruid

BlueHeronDruid Avatar

Location: Заебани сме луѓе


Posted: Nov 29, 2012 - 12:14am

 ScottFromWyoming wrote:

The stuff of nightmares right there. I get the "buy one just to have fun" but it always turns into this.

 
Bokey is to be said "bokey, bokey, bokey.
k?

We had a single number. And not the powerball.


ScottFromWyoming

ScottFromWyoming Avatar

Location: Powell
Gender: Male


Posted: Nov 28, 2012 - 11:09pm

 bokey wrote:
There will be a single winner from tonight's Powerball,but it will go unclaimed.I'll have forgotten that I Derped out and bought a few tickets,but will find the barely readable,scrunged up winner in some pocket in next Springs put away laundry,3 days too late to claim it.

 
The stuff of nightmares right there. I get the "buy one just to have fun" but it always turns into this.
DD gypsyman

DD gypsyman Avatar

Location: Joined Nov 27, 2006
Gender: Male


Posted: Nov 28, 2012 - 9:08pm

 HazzeSwede wrote:

..you are...{#Lol}

 
Why, yes I am, actually. Touche.  {#Clap}


HazzeSwede

HazzeSwede Avatar

Location: Hammerdal
Gender: Male


Posted: Nov 28, 2012 - 6:44pm

 gypsyman wrote:
There is revolution in the air. Just nobody talkin' about it.

 
..you are...{#Lol}
bokey

bokey Avatar

Gender: Male


Posted: Nov 28, 2012 - 6:37pm

There will be a single winner from tonight's Powerball, but it will go unclaimed. I'll have forgotten that I Derped out and bought a few tickets, but will find the barely readable, scrunged up winner in some pocket in next Springs put away laundry, 3 days too late to claim it.


DD gypsyman

DD gypsyman Avatar

Location: Joined Nov 27, 2006
Gender: Male


Posted: Nov 27, 2012 - 11:49am

There is revolution in the air. Just nobody talkin' about it.
helenofjoy

helenofjoy Avatar

Location: Lincoln, Nebraska
Gender: Female


Posted: Nov 27, 2012 - 10:09am

 buzz wrote:


I beg your pardon,
I never promised you a rose garden.

  Well then, some lillies?  How about some lillies?


buzz

buzz Avatar

Location: up the boohai


Posted: Nov 27, 2012 - 7:57am

 oldviolin wrote:

I didn't say it would be easy... 

 



I beg your pardon,
I never promised you a rose garden.
oldviolin

oldviolin Avatar

Location: esse quam videri
Gender: Male


Posted: Nov 27, 2012 - 7:46am

 miamizsun wrote:

i hope you're right...

 
I didn't say it would be easy... 
hippiechick

hippiechick Avatar

Location: topsy turvy land
Gender: Female


Posted: Nov 27, 2012 - 5:53am

 helenofjoy wrote:
I think it's already starting to happen.  Maybe faster than we know based on reading what a lot of other folks are saying.  The shift has started.  The information availability is assisting. 

 
I agree, I am seeing a shift for the better. 
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