Guy got a question on if there is a limit to how much money the Fed can print and how large the Federal Government deficits can go and he replied by saying 'the interest rates are incredibly low so the Federal Government should be borrowing everything it can'.
Same guy literally got several questions about unnaturally high oil prices considering the reduction in usage, rapidly rising housing prices, and if the stock market is overvalued and then went on a long talk about how amazingly low inflation numbers are...
Guy forecasts 6% GDP growth for at least the next 2 years...
Had a sweet graph too on how the economy as a whole will be above prepandamic forecasts for 2023 if we pass the large stimulus in front of Congress...admitted under questioning that there is a minor assumption of just using standard multipliers (i.e. if you borrow 10 trillion than the GDP will grow to 50 trillion, or the more the govt spends the better the economy looks...).
With these folks in charge we might get some of those Chinese empty cities built yet...
I'd avoid Spanish banks.
Probably someone like Krugman.
I'm not opposed to still borrowing money at amazingly low interest rates, but that spending has to go into things like infrastructure and/or R&D which increase productivity and have long term ROI. I don't see the point in just giving everyone $2K.
I don't see the poont of bailing out the repo market to the tune of $4 Trillion.
You're never going to have a truly healthy economy if you don't allow it to crash and burn on occasion and clean itself out. You just blow the bubble up even bigger. Which also causes massive income inequality - the effects of which is a convo for the Tug. (People forget what started the French Revolution. People forget that.)
This...building an economy where you pay someone to literally burn money and wrack up $$$ in debt which sits on the Federal Reserve balance sheet isn’t a structure for long-term success.
They are people, so I'm sure some are. I've seen precious little evidence that they are especially dumb or that they uniformly agree with one another.
What got your goat?
Probably dumbfucks that think like you.
I think I found an Econ major.
lol
Houston is going with the Eeyore narrative, so he's not having anyone tell him any different. 6% sounds pretty optimistic to me, too, but I'm not a practicing economist, so I'm not ready to make a counter-argument. I looked for HH's counter argument, but didn't see it.
If you couldn’t get a counter argument out of what I typed (or posted numerous times on this board) not sure I can help you...
Guy got a question on if there is a limit to how much money the Fed can print and how large the Federal Government deficits can go and he replied by saying 'the interest rates are incredibly low so the Federal Government should be borrowing everything it can'.
Same guy literally got several questions about unnaturally high oil prices considering the reduction in usage, rapidly rising housing prices, and if the stock market is overvalued and then went on a long talk about how amazingly low inflation numbers are...
Guy forecasts 6% GDP growth for at least the next 2 years...
Had a sweet graph too on how the economy as a whole will be above prepandamic forecasts for 2023 if we pass the large stimulus in front of Congress...admitted under questioning that there is a minor assumption of just using standard multipliers (i.e. if you borrow 10 trillion than the GDP will grow to 50 trillion, or the more the govt spends the better the economy looks...).
With these folks in charge we might get some of those Chinese empty cities built yet...
I'd avoid Spanish banks.
Probably someone like Krugman.
I'm not opposed to still borrowing money at amazingly low interest rates, but that spending has to go into things like infrastructure and/or R&D which increase productivity and have long term ROI. I don't see the point in just giving everyone $2K.
I don't see the poont of bailing out the repo market to the tune of $4 Trillion.
You're never going to have a truly healthy economy if you don't allow it to crash and burn on occasion and clean itself out. You just blow the bubble up even bigger. Which also causes massive income inequality - the effects of which is a convo for the Tug. (People forget what started the French Revolution. People forget that.)
I was thinking this a few days ago. Because I am dumb, I equate complex thoughts to simple ones. It's like selective burning in forests...kill some in a controlled way so a massive rager doesn't start down the road. The Fed has been stopping those controlled burns that we (the forest) has needed for years now, so when the lightning finally does crack this bitch is going to go up hard. Anyway, that's economics to a dummy like me, but yeah, I think when the economy finally can't be propped up anymore all these years of not clearing out the underbrush are going to be disastrous. You guys buy bitcoin, I am buying bullets and beans.
Guy got a question on if there is a limit to how much money the Fed can print and how large the Federal Government deficits can go and he replied by saying 'the interest rates are incredibly low so the Federal Government should be borrowing everything it can'.
Same guy literally got several questions about unnaturally high oil prices considering the reduction in usage, rapidly rising housing prices, and if the stock market is overvalued and then went on a long talk about how amazingly low inflation numbers are...
Guy forecasts 6% GDP growth for at least the next 2 years...
Had a sweet graph too on how the economy as a whole will be above prepandamic forecasts for 2023 if we pass the large stimulus in front of Congress...admitted under questioning that there is a minor assumption of just using standard multipliers (i.e. if you borrow 10 trillion than the GDP will grow to 50 trillion, or the more the govt spends the better the economy looks...).
With these folks in charge we might get some of those Chinese empty cities built yet...
I'd avoid Spanish banks.
Probably someone like Krugman.
I'm not opposed to still borrowing money at amazingly low interest rates, but that spending has to go into things like infrastructure and/or R&D which increase productivity and have long term ROI. I don't see the point in just giving everyone $2K.
Interestingly enough, neither does Krugman. For as much as the guy advocates for seemingly endless spending, he at least wants it to go towards something. Free money to people who are just going to stash and create more of a savings glut helps no one.
Guy got a question on if there is a limit to how much money the Fed can print and how large the Federal Government deficits can go and he replied by saying 'the interest rates are incredibly low so the Federal Government should be borrowing everything it can'.
Same guy literally got several questions about unnaturally high oil prices considering the reduction in usage, rapidly rising housing prices, and if the stock market is overvalued and then went on a long talk about how amazingly low inflation numbers are...
Guy forecasts 6% GDP growth for at least the next 2 years...
Had a sweet graph too on how the economy as a whole will be above prepandamic forecasts for 2023 if we pass the large stimulus in front of Congress...admitted under questioning that there is a minor assumption of just using standard multipliers (i.e. if you borrow 10 trillion than the GDP will grow to 50 trillion, or the more the govt spends the better the economy looks...).
With these folks in charge we might get some of those Chinese empty cities built yet...
I'd avoid Spanish banks.
Probably someone like Krugman.
I'm not opposed to still borrowing money at amazingly low interest rates, but that spending has to go into things like infrastructure and/or R&D which increase productivity and have long term ROI. I don't see the point in just giving everyone $2K.
Interestingly enough, neither does Krugman. For as much as the guy advocates for seemingly endless spending, he at least wants it to go towards something. Free money to people who are just going to stash and create more of a savings glut helps no one.
This is why the government should only send the $2K to people like me: It wouldn't be necessary, but, hell, I'd sign a contract if they want that guarantees I will blow all $2K of it in the name of stimulating the economy. I'm a team player like that.
Guy got a question on if there is a limit to how much money the Fed can print and how large the Federal Government deficits can go and he replied by saying 'the interest rates are incredibly low so the Federal Government should be borrowing everything it can'.
Same guy literally got several questions about unnaturally high oil prices considering the reduction in usage, rapidly rising housing prices, and if the stock market is overvalued and then went on a long talk about how amazingly low inflation numbers are...
Guy forecasts 6% GDP growth for at least the next 2 years...
Had a sweet graph too on how the economy as a whole will be above prepandamic forecasts for 2023 if we pass the large stimulus in front of Congress...admitted under questioning that there is a minor assumption of just using standard multipliers (i.e. if you borrow 10 trillion than the GDP will grow to 50 trillion, or the more the govt spends the better the economy looks...).
With these folks in charge we might get some of those Chinese empty cities built yet...
I'd avoid Spanish banks.
Probably someone like Krugman.
I'm not opposed to still borrowing money at amazingly low interest rates, but that spending has to go into things like infrastructure and/or R&D which increase productivity and have long term ROI. I don't see the point in just giving everyone $2K.
I don't see the poont of bailing out the repo market to the tune of $4 Trillion.
You're never going to have a truly healthy economy if you don't allow it to crash and burn on occasion and clean itself out. You just blow the bubble up even bigger. Which also causes massive income inequality - the effects of which is a convo for the Tug. (People forget what started the French Revolution. People forget that.)
I was thinking this a few days ago. Because I am dumb, I equate complex thoughts to simple ones. It's like selective burning in forests...kill some in a controlled way so a massive rager doesn't start down the road. The Fed has been stopping those controlled burns that we (the forest) has needed for years now, so when the lightning finally does crack this bitch is going to go up hard. Anyway, that's economics to a dummy like me, but yeah, I think when the economy finally can't be propped up anymore all these years of not clearing out the underbrush are going to be disastrous. You guys buy bitcoin, I am buying bullets and beans.
Guy got a question on if there is a limit to how much money the Fed can print and how large the Federal Government deficits can go and he replied by saying 'the interest rates are incredibly low so the Federal Government should be borrowing everything it can'.
Same guy literally got several questions about unnaturally high oil prices considering the reduction in usage, rapidly rising housing prices, and if the stock market is overvalued and then went on a long talk about how amazingly low inflation numbers are...
Guy forecasts 6% GDP growth for at least the next 2 years...
Had a sweet graph too on how the economy as a whole will be above prepandamic forecasts for 2023 if we pass the large stimulus in front of Congress...admitted under questioning that there is a minor assumption of just using standard multipliers (i.e. if you borrow 10 trillion than the GDP will grow to 50 trillion, or the more the govt spends the better the economy looks...).
With these folks in charge we might get some of those Chinese empty cities built yet...
I'd avoid Spanish banks.
Probably someone like Krugman.
I'm not opposed to still borrowing money at amazingly low interest rates, but that spending has to go into things like infrastructure and/or R&D which increase productivity and have long term ROI. I don't see the point in just giving everyone $2K.
I don't see the poont of bailing out the repo market to the tune of $4 Trillion.
You're never going to have a truly healthy economy if you don't allow it to crash and burn on occasion and clean itself out. You just blow the bubble up even bigger. Which also causes massive income inequality - the effects of which is a convo for the Tug. (People forget what started the French Revolution. People forget that.)
I was thinking this a few days ago. Because I am dumb, I equate complex thoughts to simple ones. It's like selective burning in forests...kill some in a controlled way so a massive rager doesn't start down the road. The Fed has been stopping those controlled burns that we (the forest) has needed for years now, so when the lightning finally does crack this bitch is going to go up hard. Anyway, that's economics to a dummy like me, but yeah, I think when the economy finally can't be propped up anymore all these years of not clearing out the underbrush are going to be disastrous. You guys buy bitcoin, I am buying bullets and beans.
#hardtarget
Exactly what I'm buying because I'm still relatively poor.
Guy got a question on if there is a limit to how much money the Fed can print and how large the Federal Government deficits can go and he replied by saying 'the interest rates are incredibly low so the Federal Government should be borrowing everything it can'.
Same guy literally got several questions about unnaturally high oil prices considering the reduction in usage, rapidly rising housing prices, and if the stock market is overvalued and then went on a long talk about how amazingly low inflation numbers are...
Guy forecasts 6% GDP growth for at least the next 2 years...
Had a sweet graph too on how the economy as a whole will be above prepandamic forecasts for 2023 if we pass the large stimulus in front of Congress...admitted under questioning that there is a minor assumption of just using standard multipliers (i.e. if you borrow 10 trillion than the GDP will grow to 50 trillion, or the more the govt spends the better the economy looks...).
With these folks in charge we might get some of those Chinese empty cities built yet...
I'd avoid Spanish banks.
Probably someone like Krugman.
I'm not opposed to still borrowing money at amazingly low interest rates, but that spending has to go into things like infrastructure and/or R&D which increase productivity and have long term ROI. I don't see the point in just giving everyone $2K.
Interestingly enough, neither does Krugman. For as much as the guy advocates for seemingly endless spending, he at least wants it to go towards something. Free money to people who are just going to stash and create more of a savings glut helps no one.
This is why the government should only send the $2K to people like me: It wouldn't be necessary, but, hell, I'd sign a contract if they want that guarantees I will blow all $2K of it in the name of stimulating the economy. I'm a team player like that.
Guy got a question on if there is a limit to how much money the Fed can print and how large the Federal Government deficits can go and he replied by saying 'the interest rates are incredibly low so the Federal Government should be borrowing everything it can'.
Same guy literally got several questions about unnaturally high oil prices considering the reduction in usage, rapidly rising housing prices, and if the stock market is overvalued and then went on a long talk about how amazingly low inflation numbers are...
Guy forecasts 6% GDP growth for at least the next 2 years...
Had a sweet graph too on how the economy as a whole will be above prepandamic forecasts for 2023 if we pass the large stimulus in front of Congress...admitted under questioning that there is a minor assumption of just using standard multipliers (i.e. if you borrow 10 trillion than the GDP will grow to 50 trillion, or the more the govt spends the better the economy looks...).
With these folks in charge we might get some of those Chinese empty cities built yet...
I'd avoid Spanish banks.
Probably someone like Krugman.
I'm not opposed to still borrowing money at amazingly low interest rates, but that spending has to go into things like infrastructure and/or R&D which increase productivity and have long term ROI. I don't see the point in just giving everyone $2K.
Interestingly enough, neither does Krugman. For as much as the guy advocates for seemingly endless spending, he at least wants it to go towards something. Free money to people who are just going to stash and create more of a savings glut helps no one.
This is why the government should only send the $2K to people like me: It wouldn't be necessary, but, hell, I'd sign a contract if they want that guarantees I will blow all $2K of it in the name of stimulating the economy. I'm a team player like that.
Guy got a question on if there is a limit to how much money the Fed can print and how large the Federal Government deficits can go and he replied by saying 'the interest rates are incredibly low so the Federal Government should be borrowing everything it can'.
Same guy literally got several questions about unnaturally high oil prices considering the reduction in usage, rapidly rising housing prices, and if the stock market is overvalued and then went on a long talk about how amazingly low inflation numbers are...
Guy forecasts 6% GDP growth for at least the next 2 years...
Had a sweet graph too on how the economy as a whole will be above prepandamic forecasts for 2023 if we pass the large stimulus in front of Congress...admitted under questioning that there is a minor assumption of just using standard multipliers (i.e. if you borrow 10 trillion than the GDP will grow to 50 trillion, or the more the govt spends the better the economy looks...).
With these folks in charge we might get some of those Chinese empty cities built yet...
I'd avoid Spanish banks.
Probably someone like Krugman.
I'm not opposed to still borrowing money at amazingly low interest rates, but that spending has to go into things like infrastructure and/or R&D which increase productivity and have long term ROI. I don't see the point in just giving everyone $2K.
Interestingly enough, neither does Krugman. For as much as the guy advocates for seemingly endless spending, he at least wants it to go towards something. Free money to people who are just going to stash and create more of a savings glut helps no one.
This is why the government should only send the $2K to people like me: It wouldn't be necessary, but, hell, I'd sign a contract if they want that guarantees I will blow all $2K of it in the name of stimulating the economy. I'm a team player like that.
Basically my weed budget
No drug tests on commercial job sites?
Not for management
I'm in a gap year anyway
When the testing bullshit started I asked a GC if he wanted his floor done or not.
They are people, so I'm sure some are. I've seen precious little evidence that they are especially dumb or that they uniformly agree with one another.
What got your goat?
Probably dumbfucks that think like you.
I think I found an Econ major.
lol
Houston is going with the Eeyore narrative, so he's not having anyone tell him any different. 6% sounds pretty optimistic to me, too, but I'm not a practicing economist, so I'm not ready to make a counter-argument. I looked for HH's counter argument, but didn't see it.
6% isn't even particularly healthy, unless your argument is that it's healthy when coming back from a massive decline. Maybe that's the thinking here, but it sounds pretty unlikely to me as well. There are better arguments for "going big" than promises of the short term growth rate. I completely agree with everyone who has chimed in about updating infrastructure. It was the one wish list item where I was most in sync with the previous administration's rhetoric, at least.
Guy got a question on if there is a limit to how much money the Fed can print and how large the Federal Government deficits can go and he replied by saying 'the interest rates are incredibly low so the Federal Government should be borrowing everything it can'.
Same guy literally got several questions about unnaturally high oil prices considering the reduction in usage, rapidly rising housing prices, and if the stock market is overvalued and then went on a long talk about how amazingly low inflation numbers are...
Guy forecasts 6% GDP growth for at least the next 2 years...
Had a sweet graph too on how the economy as a whole will be above prepandamic forecasts for 2023 if we pass the large stimulus in front of Congress...admitted under questioning that there is a minor assumption of just using standard multipliers (i.e. if you borrow 10 trillion than the GDP will grow to 50 trillion, or the more the govt spends the better the economy looks...).
With these folks in charge we might get some of those Chinese empty cities built yet...
I'd avoid Spanish banks.
Probably someone like Krugman.
I'm not opposed to still borrowing money at amazingly low interest rates, but that spending has to go into things like infrastructure and/or R&D which increase productivity and have long term ROI. I don't see the point in just giving everyone $2K.
Interestingly enough, neither does Krugman. For as much as the guy advocates for seemingly endless spending, he at least wants it to go towards something. Free money to people who are just going to stash and create more of a savings glut helps no one.
This is why the government should only send the $2K to people like me: It wouldn't be necessary, but, hell, I'd sign a contract if they want that guarantees I will blow all $2K of it in the name of stimulating the economy. I'm a team player like that.
Basically my weed budget
My current "team player" plan for stimulating the economy with my bailout check is throwing one of these in the shop:
Like the good vulture I am, I'm having a hard time looking away from all of the cool toys that COVID/economic shutdown-ravaged shops are liquidating at auction.
Guy got a question on if there is a limit to how much money the Fed can print and how large the Federal Government deficits can go and he replied by saying 'the interest rates are incredibly low so the Federal Government should be borrowing everything it can'.
Same guy literally got several questions about unnaturally high oil prices considering the reduction in usage, rapidly rising housing prices, and if the stock market is overvalued and then went on a long talk about how amazingly low inflation numbers are...
Guy forecasts 6% GDP growth for at least the next 2 years...
Had a sweet graph too on how the economy as a whole will be above prepandamic forecasts for 2023 if we pass the large stimulus in front of Congress...admitted under questioning that there is a minor assumption of just using standard multipliers (i.e. if you borrow 10 trillion than the GDP will grow to 50 trillion, or the more the govt spends the better the economy looks...).
With these folks in charge we might get some of those Chinese empty cities built yet...
I'd avoid Spanish banks.
Probably someone like Krugman.
I'm not opposed to still borrowing money at amazingly low interest rates, but that spending has to go into things like infrastructure and/or R&D which increase productivity and have long term ROI. I don't see the point in just giving everyone $2K.
Interestingly enough, neither does Krugman. For as much as the guy advocates for seemingly endless spending, he at least wants it to go towards something. Free money to people who are just going to stash and create more of a savings glut helps no one.
This is why the government should only send the $2K to people like me: It wouldn't be necessary, but, hell, I'd sign a contract if they want that guarantees I will blow all $2K of it in the name of stimulating the economy. I'm a team player like that.
6% isn't even particularly healthy, unless your argument is that it's healthy when coming back from a massive decline. Maybe that's the thinking here, but it sounds pretty unlikely to me as well. There are better arguments for "going big" than promises of the short term growth rate. I completely agree with everyone who has chimed in about updating infrastructure. It was the one wish list item where I was most in sync with the previous administration's rhetoric, at least.
That's exactly what I'm saying. There's wreckage everywhere, but at the same time, I feel like people are going stir crazy waiting for the covid shackles to come off and that sounds like the roaring 20's Part II is coming to me - but it might take a bit to get going.
HoustonHusky will be right eventually - because everyone who predicts a crash is right if you wait long enough - I'm thinking maybe October of 2029.
6% isn't even particularly healthy, unless your argument is that it's healthy when coming back from a massive decline. Maybe that's the thinking here, but it sounds pretty unlikely to me as well. There are better arguments for "going big" than promises of the short term growth rate. I completely agree with everyone who has chimed in about updating infrastructure. It was the one wish list item where I was most in sync with the previous administration's rhetoric, at least.
That's exactly what I'm saying. There's wreckage everywhere, but at the same time, I feel like people are going stir crazy waiting for the covid shackles to come off and that sounds like the roaring 20's Part II is coming to me - but it might take a bit to get going.
HoustonHusky will be right eventually - because everyone who predicts a crash is right if you wait long enough - I'm thinking maybe October of 2029.
Where again did I predict a crash?
Increase the money supply by 35% and the price of assets doesn’t go down...they swing hard because of the instability but they won’t stay down...they go up and up...
But in that scenario claiming 1% inflation and therefore 6% GDP growth is comical...or I should say Banana Republic economics...
6% isn't even particularly healthy, unless your argument is that it's healthy when coming back from a massive decline. Maybe that's the thinking here, but it sounds pretty unlikely to me as well. There are better arguments for "going big" than promises of the short term growth rate. I completely agree with everyone who has chimed in about updating infrastructure. It was the one wish list item where I was most in sync with the previous administration's rhetoric, at least.
That's exactly what I'm saying. There's wreckage everywhere, but at the same time, I feel like people are going stir crazy waiting for the covid shackles to come off and that sounds like the roaring 20's Part II is coming to me - but it might take a bit to get going.
HoustonHusky will be right eventually - because everyone who predicts a crash is right if you wait long enough - I'm thinking maybe October of 2029.
Where again did I predict a crash?
Increase the money supply by 35% and the price of assets doesn’t go down...they swing hard because of the instability but they won’t stay down...they go up and up...
But in that scenario claiming 1% inflation and therefore 6% GDP growth is comical...or I should say Banana Republic economics...
Maybe this bored isn't for you, Tug guy. You get all wound up about every subject and now you and pawz are dropping fuckoffs because you can't get your ass out of Tug mode.
You called economists dumbfucks without much backing up your claim to start the thread. Put your money where your mouth is, champ. If the economy is going to lag, then invest that way. No need to rant about someone's prediction of 6% growth. You've also claimed inflation is right around the corner and the dollar will no longer be the reserve currency. I saw you're wrong.
You ok with that, or do you need to fuckoff this post, too?
6% isn't even particularly healthy, unless your argument is that it's healthy when coming back from a massive decline. Maybe that's the thinking here, but it sounds pretty unlikely to me as well. There are better arguments for "going big" than promises of the short term growth rate. I completely agree with everyone who has chimed in about updating infrastructure. It was the one wish list item where I was most in sync with the previous administration's rhetoric, at least.
That's exactly what I'm saying. There's wreckage everywhere, but at the same time, I feel like people are going stir crazy waiting for the covid shackles to come off and that sounds like the roaring 20's Part II is coming to me - but it might take a bit to get going.
HoustonHusky will be right eventually - because everyone who predicts a crash is right if you wait long enough - I'm thinking maybe October of 2029.
Not wrong at all. We got a preview 3rd quarter. Over 30%
6% isn't even particularly healthy, unless your argument is that it's healthy when coming back from a massive decline. Maybe that's the thinking here, but it sounds pretty unlikely to me as well. There are better arguments for "going big" than promises of the short term growth rate. I completely agree with everyone who has chimed in about updating infrastructure. It was the one wish list item where I was most in sync with the previous administration's rhetoric, at least.
That's exactly what I'm saying. There's wreckage everywhere, but at the same time, I feel like people are going stir crazy waiting for the covid shackles to come off and that sounds like the roaring 20's Part II is coming to me - but it might take a bit to get going.
HoustonHusky will be right eventually - because everyone who predicts a crash is right if you wait long enough - I'm thinking maybe October of 2029.
Where again did I predict a crash?
Increase the money supply by 35% and the price of assets doesn’t go down...they swing hard because of the instability but they won’t stay down...they go up and up...
But in that scenario claiming 1% inflation and therefore 6% GDP growth is comical...or I should say Banana Republic economics...
Maybe this bored isn't for you, Tug guy. You get all wound up about every subject and now you and pawz are dropping fuckoffs because you can't get your ass out of Tug mode.
You called economists dumbfucks without much backing up your claim to start the thread. Put your money where your mouth is, champ. If the economy is going to lag, then invest that way. No need to rant about someone's prediction of 6% growth. You've also claimed inflation is right around the corner and the dollar will no longer be the reserve currency. I saw you're wrong.
You ok with that, or do you need to fuckoff this post, too?
That time of month?
I started the thread...you are the one that clicked on it and commented in it. Nobody forced you to. And I got very specific in why I thought the guy was a dumbass, although from your later comments I must not have communicated it well as you didn't appear to understand what my beefs were with his analysis. Printing money and claiming inflation is non-existent makes for great paper GDP numbers that are not believable.
And I gave you another Fuck Off for good measure...apparently it bothers you so
6% isn't even particularly healthy, unless your argument is that it's healthy when coming back from a massive decline. Maybe that's the thinking here, but it sounds pretty unlikely to me as well. There are better arguments for "going big" than promises of the short term growth rate. I completely agree with everyone who has chimed in about updating infrastructure. It was the one wish list item where I was most in sync with the previous administration's rhetoric, at least.
That's exactly what I'm saying. There's wreckage everywhere, but at the same time, I feel like people are going stir crazy waiting for the covid shackles to come off and that sounds like the roaring 20's Part II is coming to me - but it might take a bit to get going.
HoustonHusky will be right eventually - because everyone who predicts a crash is right if you wait long enough - I'm thinking maybe October of 2029.
Where again did I predict a crash?
Increase the money supply by 35% and the price of assets doesn’t go down...they swing hard because of the instability but they won’t stay down...they go up and up...
But in that scenario claiming 1% inflation and therefore 6% GDP growth is comical...or I should say Banana Republic economics...
Maybe this bored isn't for you, Tug guy. You get all wound up about every subject and now you and pawz are dropping fuckoffs because you can't get your ass out of Tug mode.
You called economists dumbfucks without much backing up your claim to start the thread. Put your money where your mouth is, champ. If the economy is going to lag, then invest that way. No need to rant about someone's prediction of 6% growth. You've also claimed inflation is right around the corner and the dollar will no longer be the reserve currency. I saw you're wrong.
You ok with that, or do you need to fuckoff this post, too?
That time of month?
I started the thread...you are the one that clicked on it and commented in it. Nobody forced you to. And I got very specific in why I thought the guy was a dumbass, although from your later comments I must not have communicated it well as you didn't appear to understand what my beefs were with his analysis. Printing money and claiming inflation is non-existent makes for great paper GDP numbers that are not believable.
And I gave you another Fuck Off for good measure...apparently it bothers you so
6% isn't even particularly healthy, unless your argument is that it's healthy when coming back from a massive decline. Maybe that's the thinking here, but it sounds pretty unlikely to me as well. There are better arguments for "going big" than promises of the short term growth rate. I completely agree with everyone who has chimed in about updating infrastructure. It was the one wish list item where I was most in sync with the previous administration's rhetoric, at least.
That's exactly what I'm saying. There's wreckage everywhere, but at the same time, I feel like people are going stir crazy waiting for the covid shackles to come off and that sounds like the roaring 20's Part II is coming to me - but it might take a bit to get going.
HoustonHusky will be right eventually - because everyone who predicts a crash is right if you wait long enough - I'm thinking maybe October of 2029.
Where again did I predict a crash?
Increase the money supply by 35% and the price of assets doesn’t go down...they swing hard because of the instability but they won’t stay down...they go up and up...
But in that scenario claiming 1% inflation and therefore 6% GDP growth is comical...or I should say Banana Republic economics...
Maybe this bored isn't for you, Tug guy. You get all wound up about every subject and now you and pawz are dropping fuckoffs because you can't get your ass out of Tug mode.
You called economists dumbfucks without much backing up your claim to start the thread. Put your money where your mouth is, champ. If the economy is going to lag, then invest that way. No need to rant about someone's prediction of 6% growth. You've also claimed inflation is right around the corner and the dollar will no longer be the reserve currency. I saw you're wrong.
You ok with that, or do you need to fuckoff this post, too?
That time of month?
I started the thread...you are the one that clicked on it and commented in it. Nobody forced you to. And I got very specific in why I thought the guy was a dumbass, although from your later comments I must not have communicated it well as you didn't appear to understand what my beefs were with his analysis. Printing money and claiming inflation is non-existent makes for great paper GDP numbers that are not believable.
And I gave you another Fuck Off for good measure...apparently it bothers you so
Tugtard gotta Tug.
Why is printing money and then claiming it's not inflation rational?
Comments
#hardtarget
I'm in a gap year anyway
When the testing bullshit started I asked a GC if he wanted his floor done or not.
Of course
Then don't test my crew
Like the good vulture I am, I'm having a hard time looking away from all of the cool toys that COVID/economic shutdown-ravaged shops are liquidating at auction.
HoustonHusky will be right eventually - because everyone who predicts a crash is right if you wait long enough - I'm thinking maybe October of 2029.
Increase the money supply by 35% and the price of assets doesn’t go down...they swing hard because of the instability but they won’t stay down...they go up and up...
But in that scenario claiming 1% inflation and therefore 6% GDP growth is comical...or I should say Banana Republic economics...
You called economists dumbfucks without much backing up your claim to start the thread. Put your money where your mouth is, champ. If the economy is going to lag, then invest that way. No need to rant about someone's prediction of 6% growth. You've also claimed inflation is right around the corner and the dollar will no longer be the reserve currency. I saw you're wrong.
You ok with that, or do you need to fuckoff this post, too?
https://www.cnbc.com/2020/12/22/us-gdp-q3-2020-final-reading.html
Need to unleash the demand soon imo
I started the thread...you are the one that clicked on it and commented in it. Nobody forced you to. And I got very specific in why I thought the guy was a dumbass, although from your later comments I must not have communicated it well as you didn't appear to understand what my beefs were with his analysis. Printing money and claiming inflation is non-existent makes for great paper GDP numbers that are not believable.
And I gave you another Fuck Off for good measure...apparently it bothers you so
Axeing for a fren, fren.