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[Baby Hitler]

Well FB there are a lot of folks that are absolutely clueless on monetary issues.

No problem John, any time I can help you out.

[John Kopke]

No problem John, any time I can help you out.

Appreciate it. I forgot to provide an example of monetary policy ignorance in my post and you came to my rescue.

[Baggins]

Do I think it will create hundreds of thousands of jobs? No
Do I think it will help reduce oil prices? No
Do I think that it will cause environmental damage to thousands of square miles of US soil and waters? Yes
Do I think that very few will benefit at the cost to many others? Yes

I'm in 100% agreement with you on that...

[John Kopke]

Well I decided to paste a post a I made a little while back because it is an important topic and FB is seeking to bury it with a rash of
nonsensical fluff posts, as is his habit.

"Inflation ICBM’s have already been launched. Since 2008 the FED has tripled the money supply. Tripled!! We’re awash in dollars. They’ve been printing money to buy toxic mortgage assets to prop up the big banks, and government bonds to keep interest rates low so yearly interest payments on the national debt don’t go through the stratosphere. It’s another frigging financial bubble, just like the housing bubble, but worse. They scam the folks on the actual yearly rate of inflation with convoluted CPI calculations that exclude higher energy and foods prices. If inflation was calculated on the same basis as it was in 1980 we’d now be looking at yearly rate of around 9%.

All the things our government, the FED and the European Union are currently doing are short term, kick the can down the road, band-aids. It will only make the reckoning in the next few years that much worse."

[Baggins]

Well I decided to paste a post a I made a little while back because it is an important topic and FB is seeking to bury it with a rash of
nonsensical fluff posts, as is his habit.

"Inflation ICBM’s have already been launched. Since 2008 the FED has tripled the money supply. Tripled!! We’re awash in dollars. They’ve been printing money to buy toxic mortgage assets to prop up the big banks, and government bonds to keep interest rates low so yearly interest payments on the national debt don’t go through the stratosphere. It’s another frigging financial bubble, just like the housing bubble, but worse. They scam the folks on the actual yearly rate of inflation with convoluted CPI calculations that exclude higher energy and foods prices. If inflation was calculated on the same basis as it was in 1980 we’d now be looking at yearly rate of around 9%.

All the things our government, the FED and the European Union are currently doing are short term, kick the can down the road, band-aids. It will only make the reckoning in the next few years that much worse."

Thanks for the repost, makes the stomach churn...

[John Kopke]

I'm in 100% agreement with you on that...

Baggins:
So now you're 100% in agreement with a post that was made weeks ago? Appears to me you're teaming up with FB to veer off to the innane in order to bury a post of substance you're incapable of addressing.

[John Kopke]

Thanks for the repost, makes the stomach churn...

Baggins:
I have to tell you I'm suprised. Your stomach is churned, but you have provided no evidence whatsoever that you know a single thing about monetary policy. Get back to me in a couple weeks after you have read, and re-read, and re-read at least what wikepedia has to say about monetary policy for God's sakes. Get a clue!

[Baggins]

Baggins:
I have to tell you I'm suprised. Your stomach is churned, but you have provided no evidence whatsoever that you know a single thing about monetary policy. Get back to me in a couple weeks after you have read, and re-read, and re-read at least what wikepedia has to say about monetary policy for God's sakes. Get a clue!

OK, I don't know "monetary policy", does that mean I don't understand the damage this pipe line will cause...?  NO, you pompus jerk!

So now you're 100% in agreement with a post that was made weeks ago? Appears to me you're teaming up with FB to veer off to the innane in order to bury a post of substance you're incapable of addressing

What in the hell do you mean by this, I have been against this pipeline from word one...      What is the issue I'm incapable of addressing?

[Baggins]

Hell, I might be confusing two different topics...I read something and agreed with it and you jump me like I'm out of my mind...Sorry if I didn't throw a dozen facts to back my opinion.  I shouldn't have to!

[John Kopke]

Hell, I might be confusing two different topics...I read something and agreed with it and you jump me like I'm out of my mind...Sorry if I didn't throw a dozen facts to back my opinion.  I shouldn't have to!

Well Baggins, all in all, I thick it would be best that you simply bow out of this topic.  You most definitely are not distinguishing yorself. Cut your losses.

[Baby Hitler]

Baggins:
So now you're 100% in agreement with a post that was made weeks ago? Appears to me you're teaming up with FB to veer off to the innane in order to bury a post of substance you're incapable of addressing.

You're a legend in your own mind. Still waiting on that run away inflation.

Maybe you should cut your losses and bow out on this topic?

[Baggins]

Well Baggins, all in all, I thick it would be best that you simply bow out of this topic.  You most definitely are not distinguishing yorself. Cut your losses.

Losses, didn't know this was a competion...Does it make you feel superiour to belittle others.

[ducksoup]

Well, John started this topic about the coming emergency of rampant extreme inflation  on December 16, 2010, 01:02:59 AM

Now the question is whether a failure of his prediction over a year period is a fail, or whether his prediction of "someday" is valid.  Then again, I can say that there will be an earthquake in southeast Michigan someday and eventually I will be right too.

[Frenchfry]

Well Baggins, all in all, I thick it would be best that you simply bow out of this topic.  You most definitely are not distinguishing yorself. Cut your losses.

It appears typing "thick" rather than think may have been some sort of Freudian slip trying to tell you that your pointless attack was ill conceived.

[Baby Hitler]

Well I decided to paste a post a I made a little while back because it is an important topic and FB is seeking to bury it with a rash of
nonsensical fluff posts, as is his habit.

"Inflation ICBM’s have already been launched. Since 2008 the FED has tripled the money supply. Tripled!! We’re awash in dollars. They’ve been printing money to buy toxic mortgage assets to prop up the big banks, and government bonds to keep interest rates low so yearly interest payments on the national debt don’t go through the stratosphere. It’s another frigging financial bubble, just like the housing bubble, but worse. They scam the folks on the actual yearly rate of inflation with convoluted CPI calculations that exclude higher energy and foods prices. If inflation was calculated on the same basis as it was in 1980 we’d now be looking at yearly rate of around 9%.

All the things our government, the FED and the European Union are currently doing are short term, kick the can down the road, band-aids. It will only make the reckoning in the next few years that much worse."

Nonsensical you say?

Show me where we have the run away inflation because of this. You state that food prices and energy prices are running rampant.

PROVE IT!!!

I have stated, and backed up with FACTS that we have not had the run away inflation you keep preaching about.

Perhaps if you provided FACTS we could have something intelligent to talk about.

But I doubt you would know a fact if it came up and bit you on the nose.