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

[mercury14]

Still cannot admit that you are lying by ascription.

We get that and we see that.

Back on ignore until you can prove it.

Already did.

 

[4est_4est_Gump]

Shrug. Took me 5 seconds to find that example.

Which dire warnings? People are going to want to know.

Lazy.

 

[4est_4est_Gump]

Already did.

Back on ignore until you can come up with proof that I called hyperinflation and said we were in it as per your first post of the day.

 

[4est_4est_Gump]

Is this your own thought or something you will not take responsibility for?

That should have been easy to find while you were out searching.

You are lazy being directed by a running dialog...

 

[mercury14]

Which dire warnings? People are going to want to know.

Lazy.

Dire warnings of stagflation which you agreed with.

 

[RobDownSouth]

Which dire warnings? People are going to want to know.

Lazy.

Derp.

Hyperinflation will eventually result from continued quantitative easing (printing of money).

http://www.americanthinker.com/2011/07/is_your_ira_going_to_be_raided.html

Monty Pelerin

The US is hurtling toward out-of-control inflation while the political class tries to convince the hoi polloi that inflation is not a problem.
<snip>
These data indicate that inflation is upon us. The magnitude of these numbers suggests hyperinflation.

www.economicnoise.com

"but...but...*I* never made the claim, I was just quoting someone who I believed in, heart and soul. This gives me plausible deniability!

 

[mercury14]

Back on ignore until you can come up with proof that I called hyperinflation and said we were in it as per your first post of the day.

Do a couple dozen C+Ps you made predicting it count? Or are you saying you've been disagreeing with your own C+Ps all this time? Here you are posting/pasting that QE3 will lead to hyperinflation and now today your stance changed to deflation. Both at the same time? Or which one? All of the above?

QE3 is not a solution. It is currency destruction that leads to eventual hyperinflation which wipes out fixed incomes and most savings. It is nothing more than a temporary political escape from reality. It ensures the ultimate political and economic collapse of the country.

http://forum.literotica.com/showthread.php?p=38060054&highlight=hyperinflation#post38060054

 

[rosco rathbone]

AJ, are you seriously claiming that you've never predicted hyperinflation on this board???

 

[mercury14]

Here you are pasting predictions of hyperinflation and then going on to talk about how it's already happening in your own words.

Gas is going up.

Clothing to go up 10%.....

Are we just supposed to disregard all this now?

 

[4est_4est_Gump]

Okay. And they were still right as I was talking in the past tense TWO YEARS ago, yet TODAY you claim I am saying we are concurrently experiencing hyperinflation and deflation and you are proving, with your due diligence your searching, your desire to impeach that you cannot back up that statement, so you are going off tangent to prove yet another serious charge in the hopes that nobody, especially that running dialog in your head notices that you cannot prove that which began this back and forth, but, uneilling to admit that you may have erred, you search

far​

and

wee​

in the vain hopes that you might find that which you obviously truly believe when my most consistent and persistent prediction/belief is that we are in a Lost Decade with near zero actual growth and that the only positive metric that you have to point to is the stock market which is flush with new money which results in inflation. Not HYPERinflation, not DEflation, just inflation, which even Bernake admits he is doing, inflating, he just thinks that his stronger economy, pumped full of dollars will grow enough that we don;t notice we're paying about $4 a gallon for gas.

While you sir, are fucking out of gas or else you would be posting something positive to prove how well the economics that you advocate are actually working, but why the hell would you advocate? You might get criticized for being so terribly wrong...

Like you are now.

Again.

 

[4est_4est_Gump]

Here you are pasting predictions of hyperinflation and then going on to talk about how it's already happening in your own words.



Are we just supposed to disregard all this now?

Same fucking tactic.

I did not say that. I did not comment on it. I merely provided it.

You are outing yourself when you keep flinging raw spaghetti at the wall.

 

[unregistered]

 

[RobDownSouth]

I did not say that. I did not comment on it. I merely provided it.

You never take personal responsibility for anything in your life, do you?

 

[4est_4est_Gump]

AJ, are you seriously claiming that you've never predicted hyperinflation on this board???

Most likely not as merc is proving.

But, the important thing is, is opening post today putting words in my mouth which lead one to the conclusion that I have said that we are in hyperinflation now and I must then be crazy to say we are in deflation too, which I did not.

I have been consistent. If you want to bang on me for predicting a Lost Decade, bring it on, the economic numbers bear that out easily and if merc could argue that case, he would be arguing it, but all he has is the extremes and ascription to deny reality, a reality that belies the OP of this thread and every celebration of recovery in this thread since then.

But we are truly in an unsustainable rate of Federal spending that will, because it must borrow and confiscate be hard pressed to get itself out of. You can take that to the bank.

 

[4est_4est_Gump]

Talking to Merc about the Inflatocracy and the result of their efforts to inflate the currency for political economic gain is a waste of time. He thinks inflation is high prices, for God's sake.

It cannot possibly show up in a weak dollar or $100 barrels of oil at a time when world-wide recession is severely cutting into demand, no that's not inflation...

 

[RobDownSouth]

Most likely not as merc is proving.

But, the important thing is, is opening post today putting words in my mouth which lead one to the conclusion that I have said that we are in hyperinflation now and I must then be crazy to say we are in deflation too, which I did not.

I have been consistent.

You are a lying sack of situational Native American shit.

Merc was pointing out your long history of failed predictions and duplicitous positions (simultaneously holding multiple positions, i.e. 100% invested in both gold and stocks).

The only thing you've been consistent in during your long tenure here at lit has been your complete and utter failure to take personal responsiblity for your own words.

You are a coward.

 

[unregistered]

 

[RobDownSouth]

Merc can't even keep track of his 16 posting identities, let alone anyone's posting history.

 

[mercury14]

A quote where AJ calls hyperinflation "news".

...For everyone else, the bad news continues:

[Paste] Alternative 1 cannot work. It will not avoid a depression. Worse, it will likely result in hyperinflation. Thus, we likely end up with the worst of all worlds. With hyperinflation, money will cease to be a medium of exchange. Markets will cease to work, except on a barter basis. The middle class will be wiped out. Their savings will become worthless along with the dollar. The end will be as Mises warned so many years ago.

 

[richard_daily]

Already did.

AJ likes to *ignore* the truth.

He is a liar, and supported by a cadre of liars.

I'd call them "professional liars", but none of them actually work for a living.

 

[NeverEndingMe]

obama, what have you done for the economy? playing golf, I guess does help

 

[Sean Renaud]

Talking to Merc about the Inflatocracy and the result of their efforts to inflate the currency for political economic gain is a waste of time. He thinks inflation is high prices, for God's sake.

If inflation isn't high prices what is it?

 

[koalabear]

Apple tops $700 but stocks struggle

 

[unregistered]

 

[koalabear]

Bernake baby photo discovered!

http://i.imgur.com/XaiUx.gif