What happened to all of the doom and gloom economic threads?

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These clowns need to consider the Wiemar Republic and how the Germans, because of the diminishing value of their fiat currency, had to economize and except ersatz products to match their money. Standards and values all had to be lowered because of the hyperinflation. People had to accept less in that new reality and their society decayed paving the way for Hitler on his white horse.

We see the same thing happening, here we accept imitation intelligence or "ersatz knowledge." We'll give a kid a high school diploma on inflated grades. We see both parents going to work to create a comfortable life that one working parent used to be able to provide, meanwhile we accept ersatz parenting as our children depend on day care centers for their parenting needs, etc. The key is recognizing that central banks and their inflationary schemes are at the bottom of this decay.

Oh NOES! HYPERINFLATION!

Do we need to bump the "Hyperinflation myths" thread again to make you look stupid once more?

You simply have no grasp of economics.
 
I find it ironic, that you just learned what the Wiemar Republic is in some blog post, and are now acting like you have any clue what it was... when you can't even wrap your little head around the fact that the nazis were a right wing authoritarian regime.

No they weren't. They were Socialists.

The Socialists know that so they simply, as so often is their wont, redefined NAZI into not a National Socialist Democratic Party but some group of Libertarians gone bad.

The right wing of the time were THE MONARCHISTS.

Hoffer, Peikoff, Hayek and Mises all trace and demonstrate this.

The proof easily obvious by Googling Hitler's 25 points and reading them...
 
No they weren't. They were Socialists.

The Socialists know that so they simply, as so often is their wont, redefined NAZI into not a National Socialist Democratic Party but some group of Libertarians gone bad.

The right wing of the time were THE MONARCHISTS.

Hoffer, Peikoff, Hayek and Mises all trace and demonstrate this.

The proof easily obvious by Googling Hitler's 25 points and reading them...

No, they weren't socialists...

If they were, why did they jail socialists, trade unionists, and gays?

You desperately need to learn some basic definitions... much like most of the rest of your wingnut brethren.
 
Oh NOES! HYPERINFLATION!

Do we need to bump the "Hyperinflation myths" thread again to make you look stupid once more?

You simply have no grasp of economics.

"Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose."
John Maynard Keynes

You simply cannot see what is occurring right underneath your nose...

It's WHY Greece and Italy want to leave the Eurozone; so they can inflate their currencies.

It's what the Fed openly ADMITS it is doing.

“There is one good thing about Marx: he was not a Keynesian.”
Murray N. Rothbard
 
No, they weren't socialists...

If they were, why did they jail socialists, trade unionists, and gays?

You desperately need to learn some basic definitions... much like most of the rest of your wingnut brethren.

Because when all factions are fighting for the spoils you fight to win.

They jailed Socialists not of their Party as to eliminate competition, but they were certainly not the right wing.

When your philosophy of government is based on groups, you must remember that your group can be a favored or disfavored group with equal ease and that neither status is ever permanent any more than the favors government solemnly promised to purchase your group loyalty.
A_J, the Stupid

When the government gets powerful enough to fight over, the people will fight over it, and to the victors go the spoils, thus setting up the next fight.
A_J, the Stupid

The more distant and powerful your government, the more likely it is to be dominated and controlled by just a very small group of people.
A_J, the Stupid

When Government gets so powerful that its purchase price is cost effective, even imperative, to business, then business will purchase government indulgences.
A_J, the Stupid
 
Because when all factions are fighting for the spoils you fight to win.

They jailed Socialists not of their Party as to eliminate competition, but they were certainly not the right wing.

When your philosophy of government is based on groups, you must remember that your group can be a favored or disfavored group with equal ease and that neither status is ever permanent any more than the favors government solemnly promised to purchase your group loyalty.
A_J, the Stupid

When the government gets powerful enough to fight over, the people will fight over it, and to the victors go the spoils, thus setting up the next fight.
A_J, the Stupid

The more distant and powerful your government, the more likely it is to be dominated and controlled by just a very small group of people.
A_J, the Stupid

When Government gets so powerful that its purchase price is cost effective, even imperative, to business, then business will purchase government indulgences.
A_J, the Stupid



I realize that re-writing history is a very important tenant of the right-wing's agenda, but that doesn't make what you believe any more true.


Proof is here:
http://forum.literotica.com/showpost.php?p=40954559&postcount=33
 
You're wasting your breath, there's no intellectual redemption for Rob.

I'm not seeking redemption.

I'm merely pointing out your ignorance with regard to A) the gold standard B) the weimar republic and C) hyperinflation.

You are truly one ignorant son of a bitch.
 
No, they weren't socialists...

If they were, why did they jail socialists, trade unionists, and gays?

You desperately need to learn some basic definitions... much like most of the rest of your wingnut brethren.



socialist people are morally bankrupt
union people are lazy
you are a dumbass wingnut Richard, you wingnut
 
My little pussy bitch has no comprehension of statistical trends, he justs throws out a single data point as "proof".

He's not very smart.

If anything you are the little bitch always running away when called out on your bullshit
 
I see the Collective of Stupid has been active today.

Stocks tumble on eurozone fears
 
Oh NOES! HYPERINFLATION!

Do we need to bump the "Hyperinflation myths" thread again to make you look stupid once more?

You simply have no grasp of economics.

I was in Europe about 7 months ago and a Euro cost about $1.50. Today it costs $1.24. In addition to not knowing anything about economics, he doesn't know anything about international monetary policy either. If we are devaluing the dollar, I hope it keeps up so my next vacation is cheaper!
 
I was in Europe about 7 months ago and a Euro cost about $1.50. Today it costs $1.24. In addition to not knowing anything about economics, he doesn't know anything about international monetary policy either. If we are devaluing the dollar, I hope it keeps up so my next vacation is cheaper!

I asked him yesterday to tell us about monetary policy so far he hasn't answered.
 
China slowdown threatens US factory revival

An emerging renaissance in American manufacturing is staring at the oncoming threat of a global economic slowdown.

After investing hundreds of thousands of dollars in high tech equipment last year, Drew Greenblatt’s manufacturing business is beginning to see a return on that investment. Business was up 20 percent in 2011 at Marlin Steel, which makes wire baskets for industrial customers.

Exports are helping a lot. Greenblatt’s company just shipped to China a $20,000 order made at his Baltimore, Md., factory with steel supplied by a mill in Illinois.


http://economywatch.msnbc.msn.com/_...na-slowdown-threatens-us-factory-revival?lite
 
Using the Bureau of Labor Statistics inflation calculator it's easy to see the result of the Fed monetary policy. The 1913 Dollar has lost about 95.7% of it's value against today's dollar. It takes $23.24 of today's dollars to equal the purchasing power of the 1913 Dollar. The Federal Reserve Act was passed in 1913.

LMAO. I've seen some specious arguments in my time, but this one takes the cake.

And I was gonna make an extremely erudite pun on "specie" there but none of you fuckers would get it and I can't be arsed casting my pearls before swine.
 
LMAO. I've seen some specious arguments in my time, but this one takes the cake.

And I was gonna make an extremely erudite pun on "specie" there but none of you fuckers would get it and I can't be arsed casting my pearls before swine.

You are the only person I know who refers to goat droppings as pearls.
 
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