AZ BlueMeanie is absolutely sure that:
Featured Join the Tucson Coordinating Council! Blog For Arizona Features Reader's Forum RenziGate Unfolds General Adams' Real Security Election Integrity Homepage David Safier's Posts The AZBlueMeanie Speaks!
Matthew Kenefick is absolutely sure that:
In 1920, under the Wilson administration that had lost its progressivist(round-one)-activist thrust with Wilson’s physical decline after a massive stroke, there was little political leadership to drive some bogus ‘stimulus’. Democrats were diverted, knowing that they were under the electoral gun that elected Republican Warren Harding that November. So, the economy, mainly driven by businesses free enough to recover and thrive, recovered quickly simply because neither business nor anyone else was waiting for government handouts and had to move back into productive mode on its own initiative and efforts. The 1920-21 recovery is the exact opposite coin side from the New Deal. It sure didn’t seem to take Hoover and the Republicans and Roosevelt and the Democrats long to get forgetfully stupid â€" just within the same decade.
In other words, kazvorpal puts it this way:
I assume you are imagining China to be run by idealogues who wish to destroy the Evil Capitalist West. But, in fact, it s run by unprincipled, selfish tyrants who have realized that American capitalism is the key to their own greater power and wealth.
dakinikat notices:
So, here are some details of your bailout dollars at work.The Treasury has required 21 of the nation s largest banks to file public reports each month showing the dollar volume of their new lending.
directorblue remembers that:
· Carloads are down 22.5% from the all time high set in the first 26 weeks of 2006.
KNews notices:
The President stressed that tourism and financial services, which are significant revenue earners and job providers in the Caribbean, have been severely affected by the crisis.
kazvorpal brings some great news:
No, I fall on the Austrian side in methodenstreit, so I cannot imagine I d have said that about the Mises site. /Human Action/ was the most significant book in economic history, and I d stand by most of it despite the enormous advances in economic knowledge made in the intervening generations.
kazvorpal imagines that:
Meanwhile, no CPI is a good measure of actual inflation/deflation. I find it odd that you use CPI numbers to try to prove your point, then once I show you that the CPI numbers actually show the opposite, you say well, you can t look at CPI, those numbers are no good . If you want to make the argument against CPI numbers, fine, I m not a huge fan myself, but you can t use them to support your point at the same time. That seems pretty dishonest.
ZioBarbero thinks that the problem is:
Right now things aren't so bad, because energy prices are low. The depression has cut oil consumption and, conveniently, prices as well. That's taken a lot of pressure off the average American's pocketbook and at a felicitous moment.. And prices may stay low for a year or so as people the world over economize. But oil consumption doesn't need to rise to put pressure on the price; from here, the main pressure is likely to come from falling supply, not rising demand. So oil prices are likely to start heading up, for strictly geological reasons, even as the depression grows deeper. That will prove most uncomfortable. And will have significant consequences for two mainstays of U.S. culture: cars and suburbia.
Meanwhile, kazvorpal came up with this idea:
I think you need something clarified for you:Thirty-six years before the creation of the Federal Reserve, Americans lived through the worst depression they d ever suffered up to that point. It lasted 23 years. It started the year that the US adopted a gold standard, and lasted until the very year they loosened it, in 1896.
As kazvorpal says:
But it couldn t keep that up, because deflation destroys a market economy .So, once this cutting off of emergency money caused the banks to start failing, the Fed belatedly loosened its purse strings: It lend out over two trillion dollars to financial institutions, in just a few months.
In addition to this, Matthew Kenefick states:
Matthew Kenefick is an occasional writer from Washington DC. 5 Comments For This Postelkabrikir says: July 24th, 2009 at 9:15 am
As a result of that, AZ BlueMeanie belives:
Drinking Liberally Join us in rebuilding democracy one pint at a time every Thursday in Tucson. Tucson : The Shanty 401 E. 9th Street Every Thursday from 7pm onward Info on: Reading Liberally Book Club Other Arizona Cities: Scottsdale Tommy Bahama Tropical Cafe 15205 N Kierland Blvd First Thursday of each month from 5:30pm to 7:30pm Sierra Vista : Manda Le Restaurant 3440 Canyon de Flores 4th Thursday of each month starting at 5:00pm Tempe : Rosie McCaffrey's Irish Pub 906 E Camelback Rd First and Third Thursday from 5:30pm to 9pm Flagstaff : Bigfoot BBQ 120 N. Leroux St. Second Thursday of the month from 6pm to 8pm
In response, Aaron claims:
Little Green Footballs Nirthblogger Promotes Revolution - One of the craziest Nirthers, Andrea Shea King (a writer for World Net Daily), is now openly promoting violent revolution, publishing a letter from a der... 5 hours ago
Thinking that's not all, Nomad adds:
Geithner supports China plan for Global Currency?U.S. GDP is at 50 year low 0 comments Newer Post Older Post Home
ZioBarbero also takes into account the following fact:
I'm convinced that the nation-state, which is to say countries with governments based on geography, is on its way out fairly soon. And good riddance. Perhaps the United States will be among the first. What form of social organization will replace it?
Hilath considers that:
The newspaper also quotes Shaheed as saying that he will advocate for the Government to set aside a proportion of its annual budget to subsidise media, a move which has been called for by MJA as well in a recent press release , saying that just like political parties, which currently get a proportion of the government budget, the media should too because it is the “fourth pillar†of democracy which plays the crucial role to main the “check and balance†system.
goldguru says it all comes down to this:
Googling the Economic Depression | Gold Newswire News Feed Comments Home About Gold Polls Directory Submit URL Precious Metals Financials Mining Commodities Coin Dealers Contact
Sources:
AZ BlueMeanie Matthew Kenefick kazvorpal dakinikat directorblue KNews ZioBarbero Aaron Nomad Hilath goldguru
Disclaimer:
This text is automatically generated from different sources on the internet. It must be considered an experiment
Monday, August 17, 2009
Economic Depression From: AZ BlueMeanie Matthew Kenefick Kazvorpal Dakinikat Directorblue KNews ZioBarbero Aaron Nomad Hilath Goldguru /26736713
Economic Depression From: Kazvorpal Undisclosed@blogs.theledger.com (michaelfreeman) Stacey Higginbotham AZ BlueMeanie John Paczkowski Diane Davis Robert Kuttner Euripides Aaron Tom /26736703
Meanwhile, kazvorpal came up with this idea:
Well, inflation is when you increase the amount of money, or the supply of it compared to the demand for goods in society but when non-economists say inflation , they usually mean prices go up .
kazvorpal explains:
Recent Comments Conscription is Slav on Conscription, is it Slave kazvorpal on Conscription, is it Slave Fear Equals Funding on Climate Change Timeline Zach Bibeault on Conscription, is it Slave Jesse on Climate Change Timeline
Thinking that's not all, kazvorpal adds:
The price of gold in 1970 was around $37/oz. By the end of 2008, that price was $880/oz (that is roughly 8% inflation per year if the gold were going to be used as reference). That means that our monopoly money has lost 2,378% of its value against gold since the 1970 s (look it up!).
kazvorpal considers that:
But, instead, the Fed did this ONE TIME, starting from a money deficit of three trillion dollars.
For this reason, kazvorpal says:
Actually READ it, like you appear not to have done with the article above.It explains, in clear and precise detail, why deflation DESTROYS capitalism. Karl Marx would be thrilled with the outcome you re describing
undisclosed@blogs.theledger.com (michaelfreeman) sees it this way:
LinksLedger Staff Blogs A Quick Bite Bartow-Fort Meade Bucs Scene Capitol Comments Central Florida Fishology Endangered and Drained in Polk Extra Holes in Polk County Fantasy Clubhouse First Person Shooter For Shore Fishing Lakeland Lowdown Media Blitz Mulberry Matters Polk 911 Polk Commission Watch Polk County College Sports Polk Leisure Time Polk Politics Polk Preps PolkMoms Blog Rapping Sports with Rick B. Reading, Writing and Blogging Robin's Rx: Medical Blogging in Polk County Scriptorium: A Religion Panorama
Still being unsure, Stacey Higginbotham asks:
Checkout http://www.cisco.com/en/US/solutions/collateral/ns341/ns525/ns537/ns705/ns827/white_paper_c11-520862.html . The paper suggests that Video will be the main driver and not p2p. Tom 9:44 PM on July 21, 2009 Reply
However, AZ BlueMeanie thinks differently:
Party Politics Pat Canady Pima PodForArizona Police President President '08 Religion Renzigate Russell Lowes Science
In response, John Paczkowski claims:
The D Conference D is unlike any other executive conference. Since its debut in 2003, D has brought to life the energy and excitement of the digital revolution in an unscripted, upfront and unparalleled way. Read more » AllThingsD By Email Don't miss a post! Sign up for our Daily Email and get AllThingsD.com delivered each day.
John Paczkowski explains:
About John John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more » Email John
For this purpose, Diane Davis suggests:
3. Six million new jobs created, despite the Democrats lie of “a jobless recovery.†(Hey - you made my point. Six million new jobs created and over 10 million outsourced to other countries...um, that's over 4 million in the hole...that's part of why the middle class is jacked)
Still not being convinced, Robert Kuttner replies:
So much of the tenor of Huffpost is devoted to this arrogant attitude of left-wing I-told-you-so-ism that believes Obama is either a traitor and sellout or a naive simpleton. It's wrongheaded and dangerous, because it will help splinter his coalition and provide openings for the enemy Republicans. Criticize by all means, but praise too. Otherwise we're all sunk.
In addition to this, Euripides states:
Breitbart) Issues such as abortion, same sex marriage, and gun control have been removed from debate.
undisclosed@blogs.theledger.com (michaelfreeman) explains:
But I still think it says a lot about where we are now, compared to say December or January, that Michael Jackson leads over the economy in the news. I think Shapiro is right: in an odd way, this points at stabilization in the economy. We're no longer falling into an economic abyss.
Aaron sees it this way:
With the economic condition Michigan is in, these proposals are nuts, save possibly the extension of unemployment benefits -- except that even that measure can't be afforded by this cash-strapped state and the remaining businesses that would have to be taxed to support such an extension.
Diane Davis brings more details:
Carmen 7-21-2009 @ 8:08PM Um. I don't think ANYONE actually cares about the President's choice of jeans. And they don't even look bad. It's unfortunate that this is the best thing you could find for material. Reply
However, Tom states that:
I am making a pledge to go back to business as usual ( that is before the 2008 meltdown ). What do I mean by that? My goal for the past five years has been to develop the best online listing of log home and timber frame companies as a reference site for people needing to contact such companies. Additionally, I wanted to add useful information about the industry, maintenance and DIY projects, popular log home floor plans , interesting articles and other resources to help people learn about the joys of log home living.
Sources:
kazvorpal undisclosed@blogs.theledger.com (michaelfreeman) Stacey Higginbotham AZ BlueMeanie John Paczkowski Diane Davis Robert Kuttner Euripides Aaron Tom
Disclaimer:
This text is automatically generated from different sources on the internet. It must be considered an experiment
Well, inflation is when you increase the amount of money, or the supply of it compared to the demand for goods in society but when non-economists say inflation , they usually mean prices go up .
kazvorpal explains:
Recent Comments Conscription is Slav on Conscription, is it Slave kazvorpal on Conscription, is it Slave Fear Equals Funding on Climate Change Timeline Zach Bibeault on Conscription, is it Slave Jesse on Climate Change Timeline
Thinking that's not all, kazvorpal adds:
The price of gold in 1970 was around $37/oz. By the end of 2008, that price was $880/oz (that is roughly 8% inflation per year if the gold were going to be used as reference). That means that our monopoly money has lost 2,378% of its value against gold since the 1970 s (look it up!).
kazvorpal considers that:
But, instead, the Fed did this ONE TIME, starting from a money deficit of three trillion dollars.
For this reason, kazvorpal says:
Actually READ it, like you appear not to have done with the article above.It explains, in clear and precise detail, why deflation DESTROYS capitalism. Karl Marx would be thrilled with the outcome you re describing
undisclosed@blogs.theledger.com (michaelfreeman) sees it this way:
LinksLedger Staff Blogs A Quick Bite Bartow-Fort Meade Bucs Scene Capitol Comments Central Florida Fishology Endangered and Drained in Polk Extra Holes in Polk County Fantasy Clubhouse First Person Shooter For Shore Fishing Lakeland Lowdown Media Blitz Mulberry Matters Polk 911 Polk Commission Watch Polk County College Sports Polk Leisure Time Polk Politics Polk Preps PolkMoms Blog Rapping Sports with Rick B. Reading, Writing and Blogging Robin's Rx: Medical Blogging in Polk County Scriptorium: A Religion Panorama
Still being unsure, Stacey Higginbotham asks:
Checkout http://www.cisco.com/en/US/solutions/collateral/ns341/ns525/ns537/ns705/ns827/white_paper_c11-520862.html . The paper suggests that Video will be the main driver and not p2p. Tom 9:44 PM on July 21, 2009 Reply
However, AZ BlueMeanie thinks differently:
Party Politics Pat Canady Pima PodForArizona Police President President '08 Religion Renzigate Russell Lowes Science
In response, John Paczkowski claims:
The D Conference D is unlike any other executive conference. Since its debut in 2003, D has brought to life the energy and excitement of the digital revolution in an unscripted, upfront and unparalleled way. Read more » AllThingsD By Email Don't miss a post! Sign up for our Daily Email and get AllThingsD.com delivered each day.
John Paczkowski explains:
About John John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more » Email John
For this purpose, Diane Davis suggests:
3. Six million new jobs created, despite the Democrats lie of “a jobless recovery.†(Hey - you made my point. Six million new jobs created and over 10 million outsourced to other countries...um, that's over 4 million in the hole...that's part of why the middle class is jacked)
Still not being convinced, Robert Kuttner replies:
So much of the tenor of Huffpost is devoted to this arrogant attitude of left-wing I-told-you-so-ism that believes Obama is either a traitor and sellout or a naive simpleton. It's wrongheaded and dangerous, because it will help splinter his coalition and provide openings for the enemy Republicans. Criticize by all means, but praise too. Otherwise we're all sunk.
In addition to this, Euripides states:
Breitbart) Issues such as abortion, same sex marriage, and gun control have been removed from debate.
undisclosed@blogs.theledger.com (michaelfreeman) explains:
But I still think it says a lot about where we are now, compared to say December or January, that Michael Jackson leads over the economy in the news. I think Shapiro is right: in an odd way, this points at stabilization in the economy. We're no longer falling into an economic abyss.
Aaron sees it this way:
With the economic condition Michigan is in, these proposals are nuts, save possibly the extension of unemployment benefits -- except that even that measure can't be afforded by this cash-strapped state and the remaining businesses that would have to be taxed to support such an extension.
Diane Davis brings more details:
Carmen 7-21-2009 @ 8:08PM Um. I don't think ANYONE actually cares about the President's choice of jeans. And they don't even look bad. It's unfortunate that this is the best thing you could find for material. Reply
However, Tom states that:
I am making a pledge to go back to business as usual ( that is before the 2008 meltdown ). What do I mean by that? My goal for the past five years has been to develop the best online listing of log home and timber frame companies as a reference site for people needing to contact such companies. Additionally, I wanted to add useful information about the industry, maintenance and DIY projects, popular log home floor plans , interesting articles and other resources to help people learn about the joys of log home living.
Sources:
kazvorpal undisclosed@blogs.theledger.com (michaelfreeman) Stacey Higginbotham AZ BlueMeanie John Paczkowski Diane Davis Robert Kuttner Euripides Aaron Tom
Disclaimer:
This text is automatically generated from different sources on the internet. It must be considered an experiment
Economic Depression From: Larry Doyle Admin Kazvorpal Editor Bill Bonner Hilath Undisclosed@blogs.theledger.com (michaelfreeman) Dr. Mark W. Hendrickson Velvethammer /26736704
Larry Doyle says it all comes down to this:
We are now in the early stages of a depression. The economic indicators we follow to track real economic activity are all signaling a slowdown of massive proportions. You wouldn’t know it reading the mainstream papers of course â€" they all focus on the relative decline in the slowdown’s intensity. Reading about the slowdown ‘slowing down’ is not the same as growth however, and does not warrant excitement in our opinion.
admin brings more details:
we know that the real message is that you re going to bone the mean streak out of that bee-yotch and get off four times in the process
Having that in mind, kazvorpal wonders:
Oh, and I failed to mention another deflationary factor, in the article: Energy prices. Those had gone through the roof back when we had a money shortage in the domestic economy. They then fell to a fraction of their peak, allowing prices to snap downward. This is part of the source of the deflation, and its full effects have yet to be felt, as it takes quite some time for cost of energy to work its way entirely through the economy.
Larry Doyle can't forget that:
Recession? Depression? What’s the Difference? The standard newspaper definition of a recession is a decline in the Gross Domestic Product (GDP) for two or more consecutive quarters.This definition is unpopular with most economists for two main reasons. First, this definition does not take into consideration changes in other variables. For example this definition ignores any changes in the unemployment rate or consumer confidence. Second, by using quarterly data this definition makes it difficult to pinpoint when a recession begins or ends. This means that a recession that lasts ten months or less may go undetected.
kazvorpal is rather skeptical:
Goldprice.net, even more laughably, is a company wanting to scam you into investing in gold at the peak of the bubble that s like asking a tobacco scientist for advice on addiction.
editor says it all comes down to this:
Related posts: US financial market bailout tab hits $4.7 trillion The cosmology of our current financial and economic crisis Many Predict US Financial Collapse in September
kazvorpal imagines that:
From the moral and principles perspective, who do you think bankers and the Feds are that THEY have the right to double the amount of money we use to trade our goods and labor for, cutting the value of our exchange currency in order to tax or STEAL from us? If we would do just that, we would all be in jail and most people would never accept our fake money. The only reason people would knowingly accept fiat money is because they know that the government will take whatever assets they need from the people to cover their currency by FORCE (never mind the loss of our freedom and private property rights in the process). In an economy without fiat money and fractional reserve banking, the currency value would INCREASE so people would use LESS money to buy the goods and services they need. The currency would be STRONGER, not more diluted as it is now.
Similarly, kazvorpal adds:
And so hyperinflation is just prices going up really, really fast . The amount necessary to count is generally said to be 100% per year for three years , for long-term hyperinflation, or else 50% per month for short-term hyperinflation.
kazvorpal might have an idea about it:
Do you know WHEN the gold standard ended?Not when the Federal Reserve was created.It was ended in 1938 followed quickly by the end of the Great Depression.
Bill Bonner intervenes and adds:
And more thoughts *** The banks are not earning their money helping Caterpillar expand. They’re making their money not because of a recovery, but because there isn’t one. In other words, they’re profiting from the financial stress of the early stages of a depression. There’s a post-crash bounce and the government is sending a lot of money their way.
Hilath shows how it is done:
Minivan News which translated a Dhivehi language report on Miadhu Daily , writes that the FM as saying that media needs to be protected which can be also regarded as Shaheed s condemnation of the attack on state broadcaster Television Maldives newscaster Ibrahim Rasheed as well. But I would have preferred Shaheed to have mentioned Rasheed by name as well.
undisclosed@blogs.theledger.com (michaelfreeman) points out another thing aside from that:
3. The stations believe people genuinely want to hear more positive or upbeat reports about the economy because they're so fed up with the negative talk
Larry Doyle is rather skeptical:
Leave a Reply Click here to cancel reply. Name (required) Mail (will not be published) (required) Website
As a result of that, Dr. Mark W. Hendrickson belives:
Amy Alkon on MND / Where Are The Feminists? - irlandes - Never is awfully close, and yes, it is the Bradley amendment which does that. As far as getting support payments reduced with unemployment, judges yawn and say, well, you had better look for another job. Even the so-called reduction by the c/s goons has a delay long enough that men lose their licenses and can t make it to work if they do find a job. Think Dickens England.
velvethammer comes with a new idea:
Google search results! The number of people searching for the term “economic depression†on Google is down to normal levels, Summers said.
Sources:
Larry Doyle admin kazvorpal editor Bill Bonner Hilath undisclosed@blogs.theledger.com (michaelfreeman) Dr. Mark W. Hendrickson velvethammer
Disclaimer:
This text is automatically generated from different sources on the internet. It must be considered an experiment
We are now in the early stages of a depression. The economic indicators we follow to track real economic activity are all signaling a slowdown of massive proportions. You wouldn’t know it reading the mainstream papers of course â€" they all focus on the relative decline in the slowdown’s intensity. Reading about the slowdown ‘slowing down’ is not the same as growth however, and does not warrant excitement in our opinion.
admin brings more details:
we know that the real message is that you re going to bone the mean streak out of that bee-yotch and get off four times in the process
Having that in mind, kazvorpal wonders:
Oh, and I failed to mention another deflationary factor, in the article: Energy prices. Those had gone through the roof back when we had a money shortage in the domestic economy. They then fell to a fraction of their peak, allowing prices to snap downward. This is part of the source of the deflation, and its full effects have yet to be felt, as it takes quite some time for cost of energy to work its way entirely through the economy.
Larry Doyle can't forget that:
Recession? Depression? What’s the Difference? The standard newspaper definition of a recession is a decline in the Gross Domestic Product (GDP) for two or more consecutive quarters.This definition is unpopular with most economists for two main reasons. First, this definition does not take into consideration changes in other variables. For example this definition ignores any changes in the unemployment rate or consumer confidence. Second, by using quarterly data this definition makes it difficult to pinpoint when a recession begins or ends. This means that a recession that lasts ten months or less may go undetected.
kazvorpal is rather skeptical:
Goldprice.net, even more laughably, is a company wanting to scam you into investing in gold at the peak of the bubble that s like asking a tobacco scientist for advice on addiction.
editor says it all comes down to this:
Related posts: US financial market bailout tab hits $4.7 trillion The cosmology of our current financial and economic crisis Many Predict US Financial Collapse in September
kazvorpal imagines that:
From the moral and principles perspective, who do you think bankers and the Feds are that THEY have the right to double the amount of money we use to trade our goods and labor for, cutting the value of our exchange currency in order to tax or STEAL from us? If we would do just that, we would all be in jail and most people would never accept our fake money. The only reason people would knowingly accept fiat money is because they know that the government will take whatever assets they need from the people to cover their currency by FORCE (never mind the loss of our freedom and private property rights in the process). In an economy without fiat money and fractional reserve banking, the currency value would INCREASE so people would use LESS money to buy the goods and services they need. The currency would be STRONGER, not more diluted as it is now.
Similarly, kazvorpal adds:
And so hyperinflation is just prices going up really, really fast . The amount necessary to count is generally said to be 100% per year for three years , for long-term hyperinflation, or else 50% per month for short-term hyperinflation.
kazvorpal might have an idea about it:
Do you know WHEN the gold standard ended?Not when the Federal Reserve was created.It was ended in 1938 followed quickly by the end of the Great Depression.
Bill Bonner intervenes and adds:
And more thoughts *** The banks are not earning their money helping Caterpillar expand. They’re making their money not because of a recovery, but because there isn’t one. In other words, they’re profiting from the financial stress of the early stages of a depression. There’s a post-crash bounce and the government is sending a lot of money their way.
Hilath shows how it is done:
Minivan News which translated a Dhivehi language report on Miadhu Daily , writes that the FM as saying that media needs to be protected which can be also regarded as Shaheed s condemnation of the attack on state broadcaster Television Maldives newscaster Ibrahim Rasheed as well. But I would have preferred Shaheed to have mentioned Rasheed by name as well.
undisclosed@blogs.theledger.com (michaelfreeman) points out another thing aside from that:
3. The stations believe people genuinely want to hear more positive or upbeat reports about the economy because they're so fed up with the negative talk
Larry Doyle is rather skeptical:
Leave a Reply Click here to cancel reply. Name (required) Mail (will not be published) (required) Website
As a result of that, Dr. Mark W. Hendrickson belives:
Amy Alkon on MND / Where Are The Feminists? - irlandes - Never is awfully close, and yes, it is the Bradley amendment which does that. As far as getting support payments reduced with unemployment, judges yawn and say, well, you had better look for another job. Even the so-called reduction by the c/s goons has a delay long enough that men lose their licenses and can t make it to work if they do find a job. Think Dickens England.
velvethammer comes with a new idea:
Google search results! The number of people searching for the term “economic depression†on Google is down to normal levels, Summers said.
Sources:
Larry Doyle admin kazvorpal editor Bill Bonner Hilath undisclosed@blogs.theledger.com (michaelfreeman) Dr. Mark W. Hendrickson velvethammer
Disclaimer:
This text is automatically generated from different sources on the internet. It must be considered an experiment
Economic Depression From: Av India Kazvorpal Manuel Stabroek Staff Sal Dr. Mark W. Hendrickson Undisclosed@blogs.theledger.com (michaelfreeman) Dakinikat Noreply@blogger.com (Economic Analyst) Glen Warchol ZioBarbero AZ BlueMeanie Euripides WC Hayward, Editor, Undismalization /26736732
But Av India has a different opinion:
Jet Airways secured rights to fly to at least a dozen destinations, including Singapore, Brussels, Sri Lanka, Bangladesh and the US, but is yet to start flights to several of them.
For this purpose, kazvorpal suggests:
The price of gold in 1970 was around $37/oz. By the end of 2008, that price was $880/oz (that is roughly 8% inflation per year if the gold were going to be used as reference). That means that our monopoly money has lost 2,378% of its value against gold since the 1970 s (look it up!).
Manuel gives a bit of an idea about it:
Web shopping: Schwartz s view of the Fed s monetary policy Professor Schwartz Recently Michael Hirsh interviewed monetary historian Anna Schwartz for Newsweek . She doesn t sound happy at all about the state of monetary policy in the face of the financial crisis. Excerpts:
Meanwhile, kazvorpal came up with this idea:
I would certainly welcome what you propose, as a free market paper currency is better than one controlled by a secret shadow government organization where wall street pulls the strings, I would just prefer gold.
kazvorpal considers that:
> Other goods have definitely increased in cost. People don’t > see it because companies cannot sell those items anymore. > Instead, manufacturers find ways to cut down the cost of > products or sell it to customers with creative finances (6- > year car leases, 4 easy payments of $99.99, does that ring > a bell?). Today, you buy a car and most of it is plastic > while 40 years ago, cars were mostly steel.
kazvorpal tells the real story:
So, in fact, what it did was produce enough new money to, hopefully, make up for the money shortage.Being down trillions of dollars, then adding two trillion, could not make prices double every year. Or even once.
kazvorpal explains:
2. First, the alternative to fiat money isn t a gold standard: that is just a different kind of government fiat.
Stabroek staff intervenes and adds:
President Jagdeo made this disclosure during an interview on Monday with the state-owned National Communications Network (NCN) in which he was focusing on the role he has been assigned as the Chairman of the regional task force, established at the recently-concluded 30th CARICOM Heads of Government Conference held in Guyana, to seek solutions to the ongoing crisis, the Government Information Agency (GINA) reported yesterday.
In addition to this, Sal states:
Search Amazon Amazon.com Widgets July 2009 S M T W T F S « Jun 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
In addition to this, Dr. Mark W. Hendrickson states:
Amy Alkon on MND / Briefly, What's Wrong With American Health Care - LSBeene - Also Amy, one thing that would help immensely is if we eliminated the "no crossing state boundries" laws. What I mean is that someone from, say, Delaware (just picking states here) cannot get car or life insurance from a company in say, Oregon. It s a tidy bit of political pork to force people to buy ONLY in that state, at that states rules and taxes, and not allow outside competition. 2nd, everyone wants to blame "big pharma". I call BS. To make ONE drug, they must try THOUSANDS of types, then if they get 100 and do testing and then get 10 and apply for FDA approval and end up with maybe one or two drugs the company MUST recoup the cost of R&D.
undisclosed@blogs.theledger.com (michaelfreeman) notices:
But I still think it says a lot about where we are now, compared to say December or January, that Michael Jackson leads over the economy in the news. I think Shapiro is right: in an odd way, this points at stabilization in the economy. We're no longer falling into an economic abyss.
dakinikat also takes into account the following fact:
Your Breakfast Read, Sunday Edition July 19, 2009 Health Care Reform Alliances In Health Debate Splinter Months of relative cooperation among disparate interest groups in the heath-care reform debate appear to be coming to an end, as the major political parties and their surrogates unleash dueling television advertisements, e-mail campaigns and grass-roots protests. Which side are these guys actually on? [ ] mablue2
Despite the previous arguments, noreply@blogger.com (Economic analyst) has many reasons to think otherwise:
The Depression will last for Years Great Depression Then and Now, unfolding like a Tr... Barrons: Its a Depression. Hyperinflation Next.
Glen Warchol sees it this way:
Pioneers vs. endangered species Rare book expert Ken Sanders posted an open letter to the city actually complaining about the Most Glorious Holiday Parade that kicks off tomorrow. The letter is on the independent bookstore owner's Facebook page so I'll print it all here.
ZioBarbero is absolutely sure that:
The problem arises when a society becomes highly politicized. In normal times, a sociopath stays under the radar. Perhaps he'll commit a common crime when he thinks he can get away with it, but social mores keep him reined in. However, once the government changes its emphasis from protecting citizens from force to initiating it with laws and taxes, those social mores break down. Peer pressure and moral opprobrium, the forces that keep a healthy society orderly and together, are replaced by regulation enforced by cops funded by taxes. And sociopaths start coming out of the woodwork and are drawn to the state, where they can get licensed and paid to do what they've always wanted to do. It's very simple, really. There are two ways people can relate to each other: voluntarily or coercively. The government is pure coercion, and sociopaths are drawn to its power and force.
AZ BlueMeanie can't forget that:
Finally, there is Jon Kyl s "going Galt" economic theory of a self-correcting economy: "I think every American would agree â€" and hope â€" that the recession will be over two years from now. If so, why should we keep spending stimulus money?" Put stimulus funds to better use Ah, the famous last words of Herbert Hoover.
Stabroek staff sees it this way:
In the meantime, the real sector in Guyana has been affected as a fall in global demand for export commodities has resulted in less revenue for the country. Bauxite companies operating here, BOSAI and RUSAL, have faced difficulties.
Euripides comes with the facts:
Associated Press tells about a Pentagon planned troop increase in Afghanistan to the tune of 30,000. Didn't we used to call that escalation? Wasn't Afghanistan a quagmire? Didn't we complain about the US getting militarily involved in a country no one's ever successfully invaded?
Still being unsure, dakinikat asks:
the audacity of hypocrisy Together For Us TominPaine Truth is Gold Women for Fair Politics PAC PUMA Take Back the Democratic party Women Count PAC
Despite the previous arguments, WC Hayward, Editor, Undismalization has many reasons to think otherwise:
McCulley Says Fed Needs To Be Irresponsible If Prices Tumble (Bloomberg)Dakin Campbell reports for Bloomberg on advice to the Fed from Paul McCulley of Pacific Investment Management Co., who argues that, if the U.S. economy falls into a protracted slump similar in character to Japan s lengthy recession, the central bank may need to initiate radical interventions that set aside the normal context of keeping inflation within a targeted level.
Sources:
Av India kazvorpal Manuel Stabroek staff Sal Dr. Mark W. Hendrickson undisclosed@blogs.theledger.com (michaelfreeman) dakinikat noreply@blogger.com (Economic analyst) Glen Warchol ZioBarbero AZ BlueMeanie Euripides WC Hayward, Editor, Undismalization
Disclaimer:
This text is automatically generated from different sources on the internet. It must be considered an experiment
Jet Airways secured rights to fly to at least a dozen destinations, including Singapore, Brussels, Sri Lanka, Bangladesh and the US, but is yet to start flights to several of them.
For this purpose, kazvorpal suggests:
The price of gold in 1970 was around $37/oz. By the end of 2008, that price was $880/oz (that is roughly 8% inflation per year if the gold were going to be used as reference). That means that our monopoly money has lost 2,378% of its value against gold since the 1970 s (look it up!).
Manuel gives a bit of an idea about it:
Web shopping: Schwartz s view of the Fed s monetary policy Professor Schwartz Recently Michael Hirsh interviewed monetary historian Anna Schwartz for Newsweek . She doesn t sound happy at all about the state of monetary policy in the face of the financial crisis. Excerpts:
Meanwhile, kazvorpal came up with this idea:
I would certainly welcome what you propose, as a free market paper currency is better than one controlled by a secret shadow government organization where wall street pulls the strings, I would just prefer gold.
kazvorpal considers that:
> Other goods have definitely increased in cost. People don’t > see it because companies cannot sell those items anymore. > Instead, manufacturers find ways to cut down the cost of > products or sell it to customers with creative finances (6- > year car leases, 4 easy payments of $99.99, does that ring > a bell?). Today, you buy a car and most of it is plastic > while 40 years ago, cars were mostly steel.
kazvorpal tells the real story:
So, in fact, what it did was produce enough new money to, hopefully, make up for the money shortage.Being down trillions of dollars, then adding two trillion, could not make prices double every year. Or even once.
kazvorpal explains:
2. First, the alternative to fiat money isn t a gold standard: that is just a different kind of government fiat.
Stabroek staff intervenes and adds:
President Jagdeo made this disclosure during an interview on Monday with the state-owned National Communications Network (NCN) in which he was focusing on the role he has been assigned as the Chairman of the regional task force, established at the recently-concluded 30th CARICOM Heads of Government Conference held in Guyana, to seek solutions to the ongoing crisis, the Government Information Agency (GINA) reported yesterday.
In addition to this, Sal states:
Search Amazon Amazon.com Widgets July 2009 S M T W T F S « Jun 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
In addition to this, Dr. Mark W. Hendrickson states:
Amy Alkon on MND / Briefly, What's Wrong With American Health Care - LSBeene - Also Amy, one thing that would help immensely is if we eliminated the "no crossing state boundries" laws. What I mean is that someone from, say, Delaware (just picking states here) cannot get car or life insurance from a company in say, Oregon. It s a tidy bit of political pork to force people to buy ONLY in that state, at that states rules and taxes, and not allow outside competition. 2nd, everyone wants to blame "big pharma". I call BS. To make ONE drug, they must try THOUSANDS of types, then if they get 100 and do testing and then get 10 and apply for FDA approval and end up with maybe one or two drugs the company MUST recoup the cost of R&D.
undisclosed@blogs.theledger.com (michaelfreeman) notices:
But I still think it says a lot about where we are now, compared to say December or January, that Michael Jackson leads over the economy in the news. I think Shapiro is right: in an odd way, this points at stabilization in the economy. We're no longer falling into an economic abyss.
dakinikat also takes into account the following fact:
Your Breakfast Read, Sunday Edition July 19, 2009 Health Care Reform Alliances In Health Debate Splinter Months of relative cooperation among disparate interest groups in the heath-care reform debate appear to be coming to an end, as the major political parties and their surrogates unleash dueling television advertisements, e-mail campaigns and grass-roots protests. Which side are these guys actually on? [ ] mablue2
Despite the previous arguments, noreply@blogger.com (Economic analyst) has many reasons to think otherwise:
The Depression will last for Years Great Depression Then and Now, unfolding like a Tr... Barrons: Its a Depression. Hyperinflation Next.
Glen Warchol sees it this way:
Pioneers vs. endangered species Rare book expert Ken Sanders posted an open letter to the city actually complaining about the Most Glorious Holiday Parade that kicks off tomorrow. The letter is on the independent bookstore owner's Facebook page so I'll print it all here.
ZioBarbero is absolutely sure that:
The problem arises when a society becomes highly politicized. In normal times, a sociopath stays under the radar. Perhaps he'll commit a common crime when he thinks he can get away with it, but social mores keep him reined in. However, once the government changes its emphasis from protecting citizens from force to initiating it with laws and taxes, those social mores break down. Peer pressure and moral opprobrium, the forces that keep a healthy society orderly and together, are replaced by regulation enforced by cops funded by taxes. And sociopaths start coming out of the woodwork and are drawn to the state, where they can get licensed and paid to do what they've always wanted to do. It's very simple, really. There are two ways people can relate to each other: voluntarily or coercively. The government is pure coercion, and sociopaths are drawn to its power and force.
AZ BlueMeanie can't forget that:
Finally, there is Jon Kyl s "going Galt" economic theory of a self-correcting economy: "I think every American would agree â€" and hope â€" that the recession will be over two years from now. If so, why should we keep spending stimulus money?" Put stimulus funds to better use Ah, the famous last words of Herbert Hoover.
Stabroek staff sees it this way:
In the meantime, the real sector in Guyana has been affected as a fall in global demand for export commodities has resulted in less revenue for the country. Bauxite companies operating here, BOSAI and RUSAL, have faced difficulties.
Euripides comes with the facts:
Associated Press tells about a Pentagon planned troop increase in Afghanistan to the tune of 30,000. Didn't we used to call that escalation? Wasn't Afghanistan a quagmire? Didn't we complain about the US getting militarily involved in a country no one's ever successfully invaded?
Still being unsure, dakinikat asks:
the audacity of hypocrisy Together For Us TominPaine Truth is Gold Women for Fair Politics PAC PUMA Take Back the Democratic party Women Count PAC
Despite the previous arguments, WC Hayward, Editor, Undismalization has many reasons to think otherwise:
McCulley Says Fed Needs To Be Irresponsible If Prices Tumble (Bloomberg)Dakin Campbell reports for Bloomberg on advice to the Fed from Paul McCulley of Pacific Investment Management Co., who argues that, if the U.S. economy falls into a protracted slump similar in character to Japan s lengthy recession, the central bank may need to initiate radical interventions that set aside the normal context of keeping inflation within a targeted level.
Sources:
Av India kazvorpal Manuel Stabroek staff Sal Dr. Mark W. Hendrickson undisclosed@blogs.theledger.com (michaelfreeman) dakinikat noreply@blogger.com (Economic analyst) Glen Warchol ZioBarbero AZ BlueMeanie Euripides WC Hayward, Editor, Undismalization
Disclaimer:
This text is automatically generated from different sources on the internet. It must be considered an experiment
Economic Depression From: Tim Schilling Kazvorpal Euripides WC Hayward, Editor, Undismalization Matthew Kenefick JohnWoon John Paczkowski AZ BlueMeanie Manuel Av India Larry Doyle Sal Noreply@blogger.com (Economic Analyst) /26736719
Meanwhile, Tim Schilling came up with this idea:
About Me Tim Schilling I am Associate Director for Program at the Powell Center for Economic Literacy, located in Richmond, VA. View my complete profile
kazvorpal imagines that:
Wait, I had assumed you d be arguing for hyperinflation but now I m thinking you re actually pointing out more reasons why there could be a deflationary spiral.
kazvorpal thinks about it:
3. There would be a lot more trust in money if it was gold or silver. It would always hold some value and we wouldn t have to worry about its value being inflated away by overextending the money supply to where it doesn t properly represent the output. Elderly people wouldn t need government subsidies because their retirement money in gold wouldn t lose it s value. Moderate 2-5% inflation yearly is an exponential curve, not linear.
In other words, kazvorpal puts it this way:
3. There would be a lot more trust in money if it was gold or silver. It would always hold some value and we wouldn t have to worry about its value being inflated away by overextending the money supply to where it doesn t properly represent the output. Elderly people wouldn t need government subsidies because their retirement money in gold wouldn t lose it s value. Moderate 2-5% inflation yearly is an exponential curve, not linear.
In addition to this, Euripides states:
New York Times)A Gallup Poll shows that the majority of Americans aren't quite ready to swallow the pill Obama and Congress are feeding them. Considering the pill looks more like a suppository, I can't say I blame them. (
kazvorpal tells the real story:
We re in ZERO danger of having our production cut off just because it s overseas. Any one country who tried that would become bankrupt would become a Cuba or Clinton-era Haiti because their loss of wealth would hit far faster and harder than our minor loss of manufacturing. And, in the nearly impossible scenario that EVERYONE tried to cut us off from trade at once, the result would be a worldwide depression that is double impossible because they all realize that. They would gain nothing.
As kazvorpal says:
No the trillions in bailout spending are going to DEPRESS the economy and prices, not stimulate them, just as similar stimulus spending did from 1929-1938. Read http://butnowyouknow.wordpress.com/2009/07/15/why-stimulus-spending-depresses-the-economy/ to understand why.
WC Hayward, Editor, Undismalization brings more details:
Beyond the Official Unemployment Numbers: Rutgers ... Greed Reconsidered Rethinking the U.S. Retirement System Samuel Hutchison Beer, Harvard Political Science S...
Matthew Kenefick comes with a new idea:
Columnists Cheryl Dickow Chuck Colson Daniel Pipes Fr. Frank Pavone George Weigel Heidi H. Saxton Marcellino D Ambrosio Mark Shea Marybeth Hicks Patrice Fagnant-MacArthur Russell Shaw Doreen Truesdell
For example, Matthew Kenefick considers:
The full text can be found at: http://teachingamericanhistory.org/library/index.asp?document=41 Warren Jewell
Despite the previous arguments, JohnWoon has many reasons to think otherwise:
Many people are seeing doctors more frequently and have to resort to stress and anxiety medications. You could seek the advice of psychiatrists and psychologists who are trained to diagnose and treat all mental illnesses, including anxiety. The most common type of medication for anxiety is tranquillizers, which act to increase relaxation and allow you to feel calm while also reducing the physical symptoms of anxiety. The doctors would be able to advise you whether this is to be taken as a temporary measure or on a medium to long term treatment.
In addition to this, John Paczkowski states:
The Mossberg Solution Google Phone’s Second Chance Mossberg’s Mailbox Mossberg’s Mailbox Personal Technology New Firefox 3.5 Loses Some Edge The Mo ssberg Solution Software That Makes Twitter So Much Tweeter Personal Technology Gadgets Show How Much Power Your House Eats MediaMemo AT&T Adds Another Gadget: Would-be Kindle Killer Plastic Logic Signs On MediaMemo No Matter How Hard You Try, You Can’t Get Apple to Say Anything Nice About a Netbook MediaMemo Here’s Why McKinsey’s Coming to Condé Nast: The Coming Black September MediaMemo How to Survive the Media Meltdown: “Imagination, Enthusiasm†MediaMemo What Book Will Amazon Delete Next?
AZ BlueMeanie thinks about it:
Frameshop: Compensation Caps, aka Medical Malpractice Tort Reform Having trouble discussing 'Tort Reform'? Here's how...
Despite the previous arguments, Euripides has many reasons to think otherwise:
At the same convention, the NEA voted to support same sex marriage by using members' dues. They also voted down a resolution to take no stand on abortion instead of using members' dues to help push for abortions.
Manuel is rather skeptical:
She is scornful of Greenspan s campaign to clear his name by blaming the bubble on an Asian saving glut, which purportedly created stimulus beyond the control of the Fed by driving down global bond rates. This attempt to exculpate himself is not convincing. The Fed failed to confront something that was evident. It can t be blamed on global events, she says.
Av India comes with the facts:
The airlines have been asked why they were blocking the routes they have acquired, this official said, adding that the ministry had acted after conducting a study of several routes it had granted on the request of airlines and which had remained unused.
Larry Doyle remembers that:
Navigate : Home | Business , Economy | Are We in the Early Stages of a Economic Depression? Are We in the Early Stages of a Economic Depression?
Similarly, Sal adds:
Search Amazon Amazon.com Widgets July 2009 S M T W T F S « Jun 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
noreply@blogger.com (Economic analyst) considers that:
Interest Rates Negative In Sweden. Jim Sinclair: 1... Another Warning We are in a middle of a CRASH: Mainstream News Gerald Celente: Obamageddon
Manuel also takes into account the following fact:
Bernanke knows more about this than perhaps anyone in the world; the academic work for which he was most noted showed that a serious recession became the Great Depression when, in the critical three and a half years between the 1929 stock-market crash and FDR s New Deal, the Hoover administration allowed a third of the nation s banks to go under . As a result, Bernanke and Friedman/Schwartz are now considered the leading theorists of the Depression. Indeed,
Sources:
Tim Schilling kazvorpal Euripides WC Hayward, Editor, Undismalization Matthew Kenefick JohnWoon John Paczkowski AZ BlueMeanie Manuel Av India Larry Doyle Sal noreply@blogger.com (Economic analyst)
Disclaimer:
This text is automatically generated from different sources on the internet. It must be considered an experiment
About Me Tim Schilling I am Associate Director for Program at the Powell Center for Economic Literacy, located in Richmond, VA. View my complete profile
kazvorpal imagines that:
Wait, I had assumed you d be arguing for hyperinflation but now I m thinking you re actually pointing out more reasons why there could be a deflationary spiral.
kazvorpal thinks about it:
3. There would be a lot more trust in money if it was gold or silver. It would always hold some value and we wouldn t have to worry about its value being inflated away by overextending the money supply to where it doesn t properly represent the output. Elderly people wouldn t need government subsidies because their retirement money in gold wouldn t lose it s value. Moderate 2-5% inflation yearly is an exponential curve, not linear.
In other words, kazvorpal puts it this way:
3. There would be a lot more trust in money if it was gold or silver. It would always hold some value and we wouldn t have to worry about its value being inflated away by overextending the money supply to where it doesn t properly represent the output. Elderly people wouldn t need government subsidies because their retirement money in gold wouldn t lose it s value. Moderate 2-5% inflation yearly is an exponential curve, not linear.
In addition to this, Euripides states:
New York Times)A Gallup Poll shows that the majority of Americans aren't quite ready to swallow the pill Obama and Congress are feeding them. Considering the pill looks more like a suppository, I can't say I blame them. (
kazvorpal tells the real story:
We re in ZERO danger of having our production cut off just because it s overseas. Any one country who tried that would become bankrupt would become a Cuba or Clinton-era Haiti because their loss of wealth would hit far faster and harder than our minor loss of manufacturing. And, in the nearly impossible scenario that EVERYONE tried to cut us off from trade at once, the result would be a worldwide depression that is double impossible because they all realize that. They would gain nothing.
As kazvorpal says:
No the trillions in bailout spending are going to DEPRESS the economy and prices, not stimulate them, just as similar stimulus spending did from 1929-1938. Read http://butnowyouknow.wordpress.com/2009/07/15/why-stimulus-spending-depresses-the-economy/ to understand why.
WC Hayward, Editor, Undismalization brings more details:
Beyond the Official Unemployment Numbers: Rutgers ... Greed Reconsidered Rethinking the U.S. Retirement System Samuel Hutchison Beer, Harvard Political Science S...
Matthew Kenefick comes with a new idea:
Columnists Cheryl Dickow Chuck Colson Daniel Pipes Fr. Frank Pavone George Weigel Heidi H. Saxton Marcellino D Ambrosio Mark Shea Marybeth Hicks Patrice Fagnant-MacArthur Russell Shaw Doreen Truesdell
For example, Matthew Kenefick considers:
The full text can be found at: http://teachingamericanhistory.org/library/index.asp?document=41 Warren Jewell
Despite the previous arguments, JohnWoon has many reasons to think otherwise:
Many people are seeing doctors more frequently and have to resort to stress and anxiety medications. You could seek the advice of psychiatrists and psychologists who are trained to diagnose and treat all mental illnesses, including anxiety. The most common type of medication for anxiety is tranquillizers, which act to increase relaxation and allow you to feel calm while also reducing the physical symptoms of anxiety. The doctors would be able to advise you whether this is to be taken as a temporary measure or on a medium to long term treatment.
In addition to this, John Paczkowski states:
The Mossberg Solution Google Phone’s Second Chance Mossberg’s Mailbox Mossberg’s Mailbox Personal Technology New Firefox 3.5 Loses Some Edge The Mo ssberg Solution Software That Makes Twitter So Much Tweeter Personal Technology Gadgets Show How Much Power Your House Eats MediaMemo AT&T Adds Another Gadget: Would-be Kindle Killer Plastic Logic Signs On MediaMemo No Matter How Hard You Try, You Can’t Get Apple to Say Anything Nice About a Netbook MediaMemo Here’s Why McKinsey’s Coming to Condé Nast: The Coming Black September MediaMemo How to Survive the Media Meltdown: “Imagination, Enthusiasm†MediaMemo What Book Will Amazon Delete Next?
AZ BlueMeanie thinks about it:
Frameshop: Compensation Caps, aka Medical Malpractice Tort Reform Having trouble discussing 'Tort Reform'? Here's how...
Despite the previous arguments, Euripides has many reasons to think otherwise:
At the same convention, the NEA voted to support same sex marriage by using members' dues. They also voted down a resolution to take no stand on abortion instead of using members' dues to help push for abortions.
Manuel is rather skeptical:
She is scornful of Greenspan s campaign to clear his name by blaming the bubble on an Asian saving glut, which purportedly created stimulus beyond the control of the Fed by driving down global bond rates. This attempt to exculpate himself is not convincing. The Fed failed to confront something that was evident. It can t be blamed on global events, she says.
Av India comes with the facts:
The airlines have been asked why they were blocking the routes they have acquired, this official said, adding that the ministry had acted after conducting a study of several routes it had granted on the request of airlines and which had remained unused.
Larry Doyle remembers that:
Navigate : Home | Business , Economy | Are We in the Early Stages of a Economic Depression? Are We in the Early Stages of a Economic Depression?
Similarly, Sal adds:
Search Amazon Amazon.com Widgets July 2009 S M T W T F S « Jun 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
noreply@blogger.com (Economic analyst) considers that:
Interest Rates Negative In Sweden. Jim Sinclair: 1... Another Warning We are in a middle of a CRASH: Mainstream News Gerald Celente: Obamageddon
Manuel also takes into account the following fact:
Bernanke knows more about this than perhaps anyone in the world; the academic work for which he was most noted showed that a serious recession became the Great Depression when, in the critical three and a half years between the 1929 stock-market crash and FDR s New Deal, the Hoover administration allowed a third of the nation s banks to go under . As a result, Bernanke and Friedman/Schwartz are now considered the leading theorists of the Depression. Indeed,
Sources:
Tim Schilling kazvorpal Euripides WC Hayward, Editor, Undismalization Matthew Kenefick JohnWoon John Paczkowski AZ BlueMeanie Manuel Av India Larry Doyle Sal noreply@blogger.com (Economic analyst)
Disclaimer:
This text is automatically generated from different sources on the internet. It must be considered an experiment
Economic Depression From: Kazvorpal Sal Robert Kuttner Cranky George Matthew Kenefick Stabroek Staff WC Hayward, Editor, Undismalization Staff JohnWoon Michael The Observer /26736717
Furthermore, kazvorpal claims:
This did not reflect a watering down of the dollar, but an increase in the price of gold and as the gold price went up, everything else went down with respect to gold. It is a devaluation of the dollar against gold. Once the gold was let free in the market, its price was adjusted to its real value at that time. Anybody having gold stuck under their beds were suddenly able to buy twice as much as those who were not so lucky.
Sal scans the other's answers and reply:
Betsy s Page Biased BBC (UK) Big Hollywood Bless Our Hearts Blogs of War Blonde Sagacity Blue Crab Boulevard
kazvorpal imagines that:
Even if there had been no shortage, two trillion is not enough to increase prices by 50% every month, nor 100% every year, because it is a fraction of the many trillions of dollars in our economy, and only happened one time. Hyperinflation requires more money to be printed even as prices are going through the roof, so that people come to expect it and overprice things ahead of time.
kazvorpal comes with a new idea:
We can t guarantee that there will be NO backlash from this infusion of money, until about 18 months have passed. Historically, changes in money supply take between 6 and 18 months to hit prices in an economy. It has to gradually spread throughout the system, being spent, invested, and saved over and again, until its full impact is felt and absorbed.
As a result of that, kazvorpal belives:
2. The Constitution says that Congress should issue currency through gold and silver. I hate big government, but this is one area where the constitution allows them to have power. The Federal Government also is centralized and powerful enough to audit and enforce fraud laws throughout the US and even the world these days. Yes, technology should allow us to have less people employed to manufacture the same amount of goods, but we will still have to produce things if we want to have this service/technology based economy. You can t have computer programmers unless you have computers. If we transition all of our manufacturing overseas, then we leave ourselves vulnerable for when these foreigners wake up and start enjoying the fruits of their labor instead of trading it for paper that continues to (and can easily) be devalued.
Ro bert Kuttner remembers that:
All economic recovery is based on oil. It was not just WWII that pulled us out of the depression, It was a sea of oil under Texas, that made us the Saudi Arabia of the time.
Before going any further, kazvorpal wants to get this straight:
Comment by NOTAL | July 30, 2009 | Reply I didn t use CPI, in fact CPI charted deflation six months BEFORE the standard inflation source I m using above.
Cranky George might have an idea about it:
The Search For Economic Recovery Transparency? Canada s Backlogged Health Care On Heath Care: Insuring the Uninusured Appears No ...
Matthew Kenefick intervenes and adds:
Radio & Podcasts 7/28/08 - Who Can Confer the Sacrament of Holy Orders - Catholic Exchange s Rock Solid Episode 106: How’d That Happen? TCH 83 Scott Hahn Catholic Moments #111 - Steve Weidenkopf, Epic
Stabroek staff scans the other's answers and reply:
More articles in Local News WI board, players agree to mediation - 19 Comments External help for fire probe Jagdeo - 49 Comments
Still not being convinced, WC Hayward, Editor, Undismalization replies:
America Needs a National Manufacturing Policy. Now. (Huffington Post)In a guest column for the Huffington Post, Sen. Sherrod Brown (D-Ohio), Chairman of the Senate Banking Subcommittee on Economic Policy, points to the pivotal role of the declining manufacturing base in the U.S. in the current plight of the middle class, and argues for an urgent need for a national plan that aligns federal actions with the goal of strengthening our manufacturing sector.
Similarly, Staff adds:
The fight between WBC World Heavyweight Champion Vitali Klitschko and Briton David Haye has been canceled. It was scheduled for September, 12th, in the Commerzbank-Arena, Frankfurt, Germany.
For example, JohnWoon considers:
Many people are seeing doctors more frequently and have to resort to stress and anxiety medications. You could seek the advice of psychiatrists and psychologists who are trained to diagnose and treat all mental illnesses, including anxiety. The most common type of medication for anxiety is tranquillizers, which act to increase relaxation and allow you to feel calm while also reducing the physical symptoms of anxiety. The doctors would be able to advise you whether this is to be taken as a temporary measure or on a medium to long term treatment.
Still not being convinced, Michael replies:
The future of Palestinian tourism is partly dependent on factors out of the hands of those Palestinians working in the sector in either the Palestinian Authority or private agencies. But there are also things that Palestinians can be doing regardless of political developments.
In response, Matthew Kenefick claims:
elkabrikir says: July 24th, 2009 at 12:06 pm Mr Jewell, your statement: Like some evolutionary regression, as a culture, we seem to act as know-it-alls even as we are effectively know-nothings. It is partly why Europe would turn its back on its Christian heritage calls to mind the words of President Coolidge in his Speech on the Occasion of the 150th Anniversary of the Declaration of Independence (1926). He said:
For this purpose, The Observer suggests:
Gnomes are some type of evil. That type turns out... There is evil in the world. These poor children.
Sources:
kazvorpal Sal Robert Kuttner Cranky George Matthew Kenefick Stabroek staff WC Hayward, Editor, Undismalization Staff JohnWoon Michael The Observer
Disclaimer:
This text is automatically generated from different sources on the internet. It must be considered an experiment
This did not reflect a watering down of the dollar, but an increase in the price of gold and as the gold price went up, everything else went down with respect to gold. It is a devaluation of the dollar against gold. Once the gold was let free in the market, its price was adjusted to its real value at that time. Anybody having gold stuck under their beds were suddenly able to buy twice as much as those who were not so lucky.
Sal scans the other's answers and reply:
Betsy s Page Biased BBC (UK) Big Hollywood Bless Our Hearts Blogs of War Blonde Sagacity Blue Crab Boulevard
kazvorpal imagines that:
Even if there had been no shortage, two trillion is not enough to increase prices by 50% every month, nor 100% every year, because it is a fraction of the many trillions of dollars in our economy, and only happened one time. Hyperinflation requires more money to be printed even as prices are going through the roof, so that people come to expect it and overprice things ahead of time.
kazvorpal comes with a new idea:
We can t guarantee that there will be NO backlash from this infusion of money, until about 18 months have passed. Historically, changes in money supply take between 6 and 18 months to hit prices in an economy. It has to gradually spread throughout the system, being spent, invested, and saved over and again, until its full impact is felt and absorbed.
As a result of that, kazvorpal belives:
2. The Constitution says that Congress should issue currency through gold and silver. I hate big government, but this is one area where the constitution allows them to have power. The Federal Government also is centralized and powerful enough to audit and enforce fraud laws throughout the US and even the world these days. Yes, technology should allow us to have less people employed to manufacture the same amount of goods, but we will still have to produce things if we want to have this service/technology based economy. You can t have computer programmers unless you have computers. If we transition all of our manufacturing overseas, then we leave ourselves vulnerable for when these foreigners wake up and start enjoying the fruits of their labor instead of trading it for paper that continues to (and can easily) be devalued.
Ro bert Kuttner remembers that:
All economic recovery is based on oil. It was not just WWII that pulled us out of the depression, It was a sea of oil under Texas, that made us the Saudi Arabia of the time.
Before going any further, kazvorpal wants to get this straight:
Comment by NOTAL | July 30, 2009 | Reply I didn t use CPI, in fact CPI charted deflation six months BEFORE the standard inflation source I m using above.
Cranky George might have an idea about it:
The Search For Economic Recovery Transparency? Canada s Backlogged Health Care On Heath Care: Insuring the Uninusured Appears No ...
Matthew Kenefick intervenes and adds:
Radio & Podcasts 7/28/08 - Who Can Confer the Sacrament of Holy Orders - Catholic Exchange s Rock Solid Episode 106: How’d That Happen? TCH 83 Scott Hahn Catholic Moments #111 - Steve Weidenkopf, Epic
Stabroek staff scans the other's answers and reply:
More articles in Local News WI board, players agree to mediation - 19 Comments External help for fire probe Jagdeo - 49 Comments
Still not being convinced, WC Hayward, Editor, Undismalization replies:
America Needs a National Manufacturing Policy. Now. (Huffington Post)In a guest column for the Huffington Post, Sen. Sherrod Brown (D-Ohio), Chairman of the Senate Banking Subcommittee on Economic Policy, points to the pivotal role of the declining manufacturing base in the U.S. in the current plight of the middle class, and argues for an urgent need for a national plan that aligns federal actions with the goal of strengthening our manufacturing sector.
Similarly, Staff adds:
The fight between WBC World Heavyweight Champion Vitali Klitschko and Briton David Haye has been canceled. It was scheduled for September, 12th, in the Commerzbank-Arena, Frankfurt, Germany.
For example, JohnWoon considers:
Many people are seeing doctors more frequently and have to resort to stress and anxiety medications. You could seek the advice of psychiatrists and psychologists who are trained to diagnose and treat all mental illnesses, including anxiety. The most common type of medication for anxiety is tranquillizers, which act to increase relaxation and allow you to feel calm while also reducing the physical symptoms of anxiety. The doctors would be able to advise you whether this is to be taken as a temporary measure or on a medium to long term treatment.
Still not being convinced, Michael replies:
The future of Palestinian tourism is partly dependent on factors out of the hands of those Palestinians working in the sector in either the Palestinian Authority or private agencies. But there are also things that Palestinians can be doing regardless of political developments.
In response, Matthew Kenefick claims:
elkabrikir says: July 24th, 2009 at 12:06 pm Mr Jewell, your statement: Like some evolutionary regression, as a culture, we seem to act as know-it-alls even as we are effectively know-nothings. It is partly why Europe would turn its back on its Christian heritage calls to mind the words of President Coolidge in his Speech on the Occasion of the 150th Anniversary of the Declaration of Independence (1926). He said:
For this purpose, The Observer suggests:
Gnomes are some type of evil. That type turns out... There is evil in the world. These poor children.
Sources:
kazvorpal Sal Robert Kuttner Cranky George Matthew Kenefick Stabroek staff WC Hayward, Editor, Undismalization Staff JohnWoon Michael The Observer
Disclaimer:
This text is automatically generated from different sources on the internet. It must be considered an experiment
Economic Depression From: Kazvorpal Euripides AZ BlueMeanie Directorblue Nomad John Paczkowski ThryStan Editor Tim Schilling Bob Blandeburgo ZioBarbero /26736716
kazvorpal brings more details:
If that were not the case, we would not have had a deflationary spiral during the Great Depression.
kazvorpal thinks that the problem is:
About hyperinflation, just wait until the banks ACTUALLY start spreading whatever money the Feds gave them from the trillion dollars the they have produced. The inflation clock will only start clicking once that huge amount of money goes into the economy (if it ever does) and the government, as usual, will be the first to benefit.
Still not being convinced, Euripides replies:
What does this tell us? Well, for one, it shows that a lot of Americans are not on board with Nancy Pelosi with regard to her heavy-handed control of the House. Her insistence to steamroll through two spending bills (or was it three) and the cap and trade bill have reduced her poll numbers over ten percent in just about a half year.
kazvorpal brings some great news:
Goldprice.net, even more laughably, is a company wanting to scam you into investing in gold at the peak of the bubble that s like asking a tobacco scientist for advice on addiction.
Similarly, kazvorpal adds:
In 1971, you see, Nixon broke the Breton Woods accord, disconnecting the price of gold from the dollar.
kazvorpal tells the real story:
Is It Enough to be Hyper?Now if the Fed did this all the time, lending out a trillion dollars each month when the economy was just fine, we might really have hyperinflation.
AZ BlueMeanie sees it this way:
AZ BlueMeanie on July 23, 2009 in AZBlueMeanie | Permalink Comments And you may recall, Meanie, when the country landed on it s economic face, after years of being in the economic driver s seat where disagreeing with Greenspan was political suicide, Greenspan recanted his support of Milton Friedman s totally wrong-headed economic views. I think it comes under the heading of "too little, too late". And what a disaster Greenspan s ability to run this nation with his economic views for as long as he did! A return to Keynes is clearly called for - can we do it??? Posted by: Francine Shacter | July 23, 2009 at 11:33 AM
directorblue objects:
In short, the Obama-Pelosi-Reid Stimulus package that was passed, sight unseen, is an unmitigated Keynesian disaster:
Similarly, directorblue adds:
· Personal income tax, which accounts for more than a third of state revenues, dropped by 26% in the first four months of 2009...
In addition to this, Nomad states:
Another American Symbol... Nomad s Bookshelf Tax Revenues Slide...Prisoner s go Free Hurricane s Out of Place Involuntary Servitude
As John Paczkowski says:
Latest Digital Daily Videos api-video/find_all_videos.asp&fields=all&site=atd&count=40&doctype=128&type=allthingsd-section&query=Digital+Daily More Videos »
ThryStan gives a bit of an idea about it:
GSMDome.com Entries (RSS) and Comments (RSS) - copyright | privacy policy
editor intervenes and adds:
Roosevelt said, The increase of national purchasing power (is) an underlying necessity of the day. And so it is today.Camille Caramor, owner of a Louisiana Christmas tree farm and paralegal service, says, A minimum wage increase could be the most important factor in powering our economy out of the recession.
Furthermore, Tim Schilling claims:
About Me Tim Schilling I am Associate Director for Program at the Powell Center for Economic Literacy, located in Richmond, VA. View my complete profile
However, Bob Blandeburgo thinks differently:
President Obama earlier defended the stimulus slow start earlier this month in an interview with Fox News .
However, ZioBarbero states that:
What will be debated is the level of taxation. The last time we had widespread agitation on taxes was during the last serious recession, in the late '70s. The result was things like Prop 13 (which capped property taxes in California for some homeowners) and the Reagan tax reforms.
Sources:
kazvorpal Euripides AZ BlueMeanie directorblue Nomad John Paczkowski ThryStan editor Tim Schilling Bob Blandeburgo ZioBarbero
Disclaimer:
This text is automatically generated from different sources on the internet. It must be considered an experiment
If that were not the case, we would not have had a deflationary spiral during the Great Depression.
kazvorpal thinks that the problem is:
About hyperinflation, just wait until the banks ACTUALLY start spreading whatever money the Feds gave them from the trillion dollars the they have produced. The inflation clock will only start clicking once that huge amount of money goes into the economy (if it ever does) and the government, as usual, will be the first to benefit.
Still not being convinced, Euripides replies:
What does this tell us? Well, for one, it shows that a lot of Americans are not on board with Nancy Pelosi with regard to her heavy-handed control of the House. Her insistence to steamroll through two spending bills (or was it three) and the cap and trade bill have reduced her poll numbers over ten percent in just about a half year.
kazvorpal brings some great news:
Goldprice.net, even more laughably, is a company wanting to scam you into investing in gold at the peak of the bubble that s like asking a tobacco scientist for advice on addiction.
Similarly, kazvorpal adds:
In 1971, you see, Nixon broke the Breton Woods accord, disconnecting the price of gold from the dollar.
kazvorpal tells the real story:
Is It Enough to be Hyper?Now if the Fed did this all the time, lending out a trillion dollars each month when the economy was just fine, we might really have hyperinflation.
AZ BlueMeanie sees it this way:
AZ BlueMeanie on July 23, 2009 in AZBlueMeanie | Permalink Comments And you may recall, Meanie, when the country landed on it s economic face, after years of being in the economic driver s seat where disagreeing with Greenspan was political suicide, Greenspan recanted his support of Milton Friedman s totally wrong-headed economic views. I think it comes under the heading of "too little, too late". And what a disaster Greenspan s ability to run this nation with his economic views for as long as he did! A return to Keynes is clearly called for - can we do it??? Posted by: Francine Shacter | July 23, 2009 at 11:33 AM
directorblue objects:
In short, the Obama-Pelosi-Reid Stimulus package that was passed, sight unseen, is an unmitigated Keynesian disaster:
Similarly, directorblue adds:
· Personal income tax, which accounts for more than a third of state revenues, dropped by 26% in the first four months of 2009...
In addition to this, Nomad states:
Another American Symbol... Nomad s Bookshelf Tax Revenues Slide...Prisoner s go Free Hurricane s Out of Place Involuntary Servitude
As John Paczkowski says:
Latest Digital Daily Videos api-video/find_all_videos.asp&fields=all&site=atd&count=40&doctype=128&type=allthingsd-section&query=Digital+Daily More Videos »
ThryStan gives a bit of an idea about it:
GSMDome.com Entries (RSS) and Comments (RSS) - copyright | privacy policy
editor intervenes and adds:
Roosevelt said, The increase of national purchasing power (is) an underlying necessity of the day. And so it is today.Camille Caramor, owner of a Louisiana Christmas tree farm and paralegal service, says, A minimum wage increase could be the most important factor in powering our economy out of the recession.
Furthermore, Tim Schilling claims:
About Me Tim Schilling I am Associate Director for Program at the Powell Center for Economic Literacy, located in Richmond, VA. View my complete profile
However, Bob Blandeburgo thinks differently:
President Obama earlier defended the stimulus slow start earlier this month in an interview with Fox News .
However, ZioBarbero states that:
What will be debated is the level of taxation. The last time we had widespread agitation on taxes was during the last serious recession, in the late '70s. The result was things like Prop 13 (which capped property taxes in California for some homeowners) and the Reagan tax reforms.
Sources:
kazvorpal Euripides AZ BlueMeanie directorblue Nomad John Paczkowski ThryStan editor Tim Schilling Bob Blandeburgo ZioBarbero
Disclaimer:
This text is automatically generated from different sources on the internet. It must be considered an experiment
Subscribe to:
Posts (Atom)
