Hyper-Inflation

andygorn · May 1, 2009

Well, if y'all will whinge everytime gas goes up a few cents, then no wonder everyone's jittery.
Say, what does petrol cost over there across the pond ? (Per litre or gallon, doesn't matter).

unregistered · May 1, 2009

unregistered · May 1, 2009

unregistered · May 1, 2009

Sean · May 1, 2009

Sorry, what was the last inflation figure?

unregistered · May 1, 2009

Le Jacquelope · May 1, 2009

SeanH said:
STFU, loser. I know enough about you to destroy you. You're just too boring, atm.

You know more than JackHoleJim reveals about himself here? (Which has completely destroyed him more than sufficiently as it is.)

unregistered · May 1, 2009

Karen Kraft · May 1, 2009

Le Jacquelope said:
If there is hyper inflation your trust fund gets vaporized right away.

And where will we get hyper inflation with there being a surplus of goods? The excess money you're talking about isn't falling into the hands of consumers.

The first idiot who fires off with $20 per apple is out of business pronto. Ain't nobody comin' to buy. Not with apple trees sprouting up in people's yards.

Gasoline is another issue, but there are 16 year old boys turning trucks into electric trucks. Guess who's gonna be rich if hyperinflation strikes gasoline?

Not so, my friend, not so.

My trust fund is doing great, as a matter of fact.

Part of it (okay, a substantial part) is in NYSE:KFT which, of course, is US$ based, but a substantial portion is in hard assets.

Adding: Meanwhile, the analysis you present is overly simplified. I understand that this isn't the forum for complicated macroeconomics, but suffice it to say, one cannot spend one's way into creating demand. It doesn't work.

Oh, and when the homeowners' association, city, county, district, state, province, section, and central government come by to test, inspect, regulate, measure, and tax your apple trees, the dynamics change. Oh, and since your neighbor's trees aren't doing as well, you owe him some of your revenues. It's only fair. After all, he was in Hawaii during pruning season last year.

Also, please be advised that it takes many, many, MANY of us ants to support the Marxist Squire Grasshoppers running the show:

http://www.youtube.com/watch?v=DmtSprLhfKI

Karen Kraft · May 1, 2009

koalabear said:
I think Chrysler and GM better hire the 16 year olds.

After Bam-Bam, the fuck-you man, cheats the shareholders out of their money and hands the company over to the UAW, everything will be just peachy. Nothing like Barak Obama and Tony Soprano teaming up to really fine-tune the means of production.

KingOrfeo · May 1, 2009

Karen Kraft said:
Adding: Meanwhile, the analysis you present is overly simplified. I understand that this isn't the forum for complicated macroeconomics, but suffice it to say, one cannot spend one's way into creating demand. It doesn't work.

OTOH, you can't create demand by producing either. As many American businesses learned in the Depression.

KingOrfeo · May 1, 2009

Karen Kraft said:
Nothing like Barak Obama and Tony Soprano teaming up . . .

Karen, your IQ seems to be plummetting since the election. Was it really that traumatic for you?!

Karen Kraft · May 1, 2009

KingOrfeo said:
Karen, your IQ seems to be plummetting since the election. Was it really that traumatic for you?!

Off-topic cheap shot.

Fuck off.

No, wait. Here is your reward:

http://www.youtube.com/watch?v=DmtSprLhfKI

Let's All Sing Along, Boys and Girls !!!!

click for music http://www.youtube.com/watch?v=2w7ALMIUy74 - click and then minimize so you can sing along with Barack and Uncle Joe!

--------------

KingOrfeo · May 1, 2009

Karen Kraft said:
Off-topic cheap shot.

No, Karen, linking Barack Obama to Tony Soprano is an off-topic cheap shot.

Karen Kraft · May 1, 2009

KingOrfeo said:
No, Karen, linking Barack Obama to Tony Soprano is an off-topic cheap shot.

Not at all:

The whole idea is to hand the means of production over to the proletariat. That’s what communists, state socialists, socialists, statists, or however they currently fancy themselves inside the bloated-yet-ever-expanding “belt”way… always want to do. Take the Bam-Bam Chrysler deal, for example. The idea is to punish the investors, shareholder, etc., and to reward the union bosses and their faithful: Fiat will take a 35% stake in the company and manage it; the UAW will have a 55% stake; and all the government's TARP funds will be converted into a 10% stake. Present-day creditors do not get equity but a few cents on the dollar in cash, thus punishing more capitalists and making proletarian hegemony easier and more secure, etc.

Who do you think runs the UAW? C'mon. This is The Chicago Way.

KingOrfeo · May 2, 2009

Karen Kraft said:
Not at all:

The whole idea is to hand the means of production over to the proletariat.

Something that was never on Tony Soprano's agenda. You are confusing La Cosa Nostra with Il Brigate Rossi.

Karen Kraft · May 2, 2009

KingOrfeo said:
Something that was never on Tony Soprano's agenda. You are confusing La Cosa Nostra with Il Brigate Rossi.

Again, you miss the point.

The Jimmy "Meathook" Spadavecchio character is played by the UAW goons.

The communist agenda dorks are played by Obama, Pelosi, and Reid, who prefer that the piano strings remain inside the piano.

Le Jacquelope · May 2, 2009

Karen Kraft said:
Not so, my friend, not so.

My trust fund is doing great, as a matter of fact.

Right now it is. But during hyperinflation, how will your trust fund keep pace with inflation?

Hyperinflation means runaway inflation. As in you're wheelbarrowing a million dollars to the supermarket.

Part of it (okay, a substantial part) is in NYSE:KFT which, of course, is US$ based, but a substantial portion is in hard assets.

And what's kraft going to do during runaway inflation?

Adding: Meanwhile, the analysis you present is overly simplified. I understand that this isn't the forum for complicated macroeconomics, but suffice it to say, one cannot spend one's way into creating demand. It doesn't work.

Oh, and when the homeowners' association, city, county, district, state, province, section, and central government come by to test, inspect, regulate, measure, and tax your apple trees, the dynamics change.

If that happens. I'm not in a HOA and the city doesn't inspect my trees. Do they inspect yours?

BTW anyone who lives in a HOA is a fool.

Oh, and since your neighbor's trees aren't doing as well, you owe him some of your revenues. It's only fair. After all, he was in Hawaii during pruning season last year.

Also, please be advised that it takes many, many, MANY of us ants to support the Marxist Squire Grasshoppers running the show:

http://www.youtube.com/watch?v=DmtSprLhfKI

You're being alarmist. I'd like to see this somewhere in President Obama's agenda.

Karen Kraft · May 2, 2009

Le Jacquelope said:
Right now it is. But during hyperinflation, how will your trust fund keep pace with inflation?

Hyperinflation means runaway inflation. As in you're wheelbarrowing a million dollars to the supermarket.

And what's kraft going to do during runaway inflation?

If that happens. I'm not in a HOA and the city doesn't inspect my trees. Do they inspect yours?

BTW anyone who lives in a HOA is a fool.

You're being alarmist. I'd like to see this somewhere in President Obama's agenda.

Oh, for goddsakes.

A lot of it is in gold and silver.

Are you tired today? You seem slower than usual.

Le Jacquelope · May 2, 2009

Karen Kraft said:
Oh, for goddsakes.

A lot of it is in gold and silver.

Are you tired today? You seem slower than usual.

At least I'm not slipping backwards like gold prices are.
http://rds.yahoo.com/_ylt=A9j8eu16h...com/ap/090501/us_commodities_review.html?.v=4

You were saying?

Le Jacquelope · May 2, 2009

Karen Kraft, you know, you would have had me if you had said your trust fund was heavily invested in oil.

Oil will go back up. Dramatically.

slapsht25 · May 2, 2009

Karen Kraft said:
Oh, for goddsakes.

A lot of it is in gold and silver.

Are you tired today? You seem slower than usual.

you can share your trust fund with me

KingOrfeo · May 2, 2009

Karen Kraft said:
Oh, for goddsakes.

A lot of it is in gold and silver.

Are you tired today? You seem slower than usual.

Eh? Actual ingots of gold and silver buried in your back yard earn no interest. Money invested in gold and silver in some notional form is not inflation-proof. Pick your poison.

Karen Kraft · May 2, 2009

KingOrfeo said:
Eh? Actual ingots of gold and silver buried in your back yard earn no interest. Money invested in gold and silver in some notional form is not inflation-proof. Pick your poison.

PM

YANCEY · May 2, 2009

Karen Kraft said:
"Uh, we inherited deficit spending when we came into office. Bush did it; wasn't me."

Is this a joke?

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