Printing Money For UBI

[Martin Hash]

There's been over $40 trillion of new money since Reagan and no inflation yet. It's facts like these that make should make Monetarists blush.

THERE WILL BE NO INFLATION UNTIL CONSUMPTION EXCEEDS PRODUCTION (which is coming up pretty soon...)

[Fife]

Actually, we've got plenty of *price* inflation. But that's not the subject -- printing money is the subject ITT, as I understand reading the title and OP. Study up on inflation, which is about money supply and monetary policy. Crowing about illusory suppression of prices through slight of hand is like bragging about how nice the pants look on the patient who has just been intentionally injected with AIDS.

Hedonism as a philosophy for central command (and especially with coke-addled libertines in power) is the bane of civilization.

Inflation sucks. Democracy sucks. Some of you all will get something out of the simple historical record of that little chat I put up.

[Speaker to Animals]

We need to go back to actual money.

[SuburbanFarmer]

We need to go back to actual money.

Buy gold.

[Speaker to Animals]

We need to go back to actual money.

Buy gold.

Overpriced right now.

Numismatics is a good market to buy in right now.

[SuburbanFarmer]

We need to go back to actual money.

Buy gold.

Overpriced right now.

Numismatics is a good market to buy in right now.

Zero value in a real crisis. Gold is actually artificially low, and has been for a decade. It hasn't been tracking inflation, thanks to gross manipulation by the banksters, but that will change.

[Okeefenokee]

There's been over $40 trillion of new money since Reagan and no inflation yet. It's facts like these that make should make Monetarists blush.

THERE WILL BE NO INFLATION UNTIL CONSUMPTION EXCEEDS PRODUCTION (which is coming up pretty soon...)

no inflation yet

[SuburbanFarmer]

There's been over $40 trillion of new money since Reagan and no inflation yet. It's facts like these that make should make Monetarists blush.

THERE WILL BE NO INFLATION UNTIL CONSUMPTION EXCEEDS PRODUCTION (which is coming up pretty soon...)

no inflation yet

Except for that pesky 2%/year.

Which coincidentally matches or exceeds GDP growth.

Side note: on Monday, there are $30B in fed bonds being allowed to roll over.

[Speaker to Animals]

Bullshit.

Huge pile of dino-bullshit.

Inflation is WAY higher than 2%. They manipulate the number by adjusting the basket from year-to-year. For instance, when good beef becomes too expensive, they substitute that out with ground chuck from Walmart, made from toxic meat based on the assumption it's all same-same. Then when fuel prices go up, they will remove some of the fuel consumption from the basket.

Just going by rent and housing costs in particular, inflation is WAY fucking up in the past ten years. Since QE, inflation is fucking bad. They just manipulate the numbers.

[Martin Hash]

What? Were none of you guys alive during the late 70s?! Inflation is easy to recognize; my home mortgage interest rate was 22%