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[RobGMN Premium Member]

"If you don’t want this inflation, then you don’t want to exit from recession.
YOU made the statement. Either you stand behind it or admit you are wrong."

/\ Your words. The underlined is your claim that I made that statement. Show it to me, show me where I ever said that.

Yes. The inflation will always occur at the exit of recession. Can't exit the recession without the inflation.
If you don't accept the inflation, then you don't want to exit recession.

have you ever heard of "If A=B and B=C, then A must equal C"?

And if you want to place blame on who is in charge for the inflation, blame the recession. Who was in charge when the recession began?

 

[RobGMN Premium Member]

I know, you need proof so you can argue. You know exactly what he stopped. It has all been discussed in this very thread. Go chase it down if you want a list. All you are looking for from me is ammo to argue. I leave off one thing or misspell something and suddenly you will spring into action. Stop acting like you are clueless.

Nope. Not how it works.
"I'm innocent, your honor. YOU prove it for me".
Entitled POS.

 

[Buck 5,000+ posts]

Yes. The inflation will always occur at the exit of recession. Can't exit the recession without the inflation.
If you don't accept the inflation, then you don't want to exit recession.

have you ever heard of "If A=B and B=C, then A must equal C"?

And if you want to place blame on who is in charge for the inflation, blame the recession. Who was in charge when the recession began?

Inflation is caused by currency that is backed by nothing. They print inflation. It’s that simple. You can’t inflate a dollar backed by gold or silver or whatever. One dollar is X amount of an actual worthy material. Our federal reserve note is not backed by anything hard/tangible, so every dollar they print causes the currency to be devalued. So, a pie is a pie, but more money printing means the pie costs more, even though the intrinsic value is the same.

 

[SlugButter]

Inflation is caused by printing money, period. The reasons for printing money could be to ease recession, infuse money to match population rise or Covid relief. How do people think we pay for trillion dollar bills filled with bullshit?

 

[RobGMN Premium Member]

Inflation is caused by currency that is backed by nothing. They print inflation. It’s that simple. You can’t inflate a dollar backed by gold or silver or whatever. One dollar is X amount of an actual worthy material. Our federal reserve note is not backed by anything hard/tangible, so every dollar they print causes the currency to be devalued. So, a pie is a pie, but more money printing means the pie costs more, even though the intrinsic value is the same.

It can be, but you're offering facts that are not relevant to here and now.

I posted a while back the stats on money in the system. They are not printing more money right now just to increase the physical cash in circulation. In fact, that number has decreased since January '21.
That INCREASES the intrinsic value of that piece of paper in your wallet.

 

[RobGMN Premium Member]

Inflation is caused by printing money, period. The reasons for printing money could be to ease recession, infuse money to match population rise or Covid relief. How do people think we pay for trillion dollar bills filled with bullshit?

To a point, yes. But it also gets printed every year to replace old money, and to maintain a balance as our population grows.
Imagine the population grows by 25% but the dollars in our economy remains unchanged.

 

[ThxOne Premium Member]

Nope. Not how it works.
"I'm innocent, your honor. YOU prove it for me".
Entitled POS.

Not how it works for you because you are lazy.

You're calling me entitled? Really... to what? Let me know so I can go get it.

 

[ThxOne Premium Member]

Nope. Not how it works.
"I'm innocent, your honor. YOU prove it for me".
Entitled POS.

The judge is smart enough to know it has already been listed and discussed. You are not. That is how it works.

 

[ThxOne Premium Member]

Yes. The inflation will always occur at the exit of recession. Can't exit the recession without the inflation.
If you don't accept the inflation, then you don't want to exit recession.

have you ever heard of "If A=B and B=C, then A must equal C"?

And if you want to place blame on who is in charge for the inflation, blame the recession. Who was in charge when the recession began?

You are so damn dumb. It's not as simple as one or the other. It's not full on or full off. You can have mild inflation, slow inflation, runaway inflation, massive inflation, under control inflation, out of control inflation. What dumbassses like you do is try to pin a recession on Trump when what happened in 2020 had NOTHING to do with Trump and was NOT caused by Trump. What Biden is doing is directly causing the out of control inflation. Up until your Democrats made sure COVID-19 was released Trump was doing just fine and so was America.

 

[ThxOne Premium Member]

It can be, but you're offering facts that are not relevant to here and now.

I posted a while back the stats on money in the system. They are not printing more money right now just to increase the physical cash in circulation. In fact, that number has decreased since January '21.
That INCREASES the intrinsic value of that piece of paper in your wallet.

Oh my. Let me re-word it for you. This administration is spending more money than it has with nothing to back it up with.

 

[Buck 5,000+ posts]

It can be, but you're offering facts that are not relevant to here and now.

I posted a while back the stats on money in the system. They are not printing more money right now just to increase the physical cash in circulation. In fact, that number has decreased since January '21.
That INCREASES the intrinsic value of that piece of paper in your wallet.

No, that’s a red herring. Go eat a wiener.

 

[YourNameHere 10+ year member]

 

[RobGMN Premium Member]

No, that’s a red herring. Go eat a wiener.

Your offering of facts that are irrelevant is the red herring. You might as well give us a link to a lesson on how money is minted.

 

[RobGMN Premium Member]

You are so damn dumb. It's not as simple as one or the other. It's not full on or full off. You can have mild inflation, slow inflation, runaway inflation, massive inflation, under control inflation, out of control inflation. What dumbassses like you do is try to pin a recession on Trump when what happened in 2020 had NOTHING to do with Trump and was NOT caused by Trump. What Biden is doing is directly causing the out of control inflation. Up until your Democrats made sure COVID-19 was released Trump was doing just fine and so was America.

When did the recession occur?
If Inflation ALWAYS follows a recession, then who is responsible for the inflation?
If Trump had NOTHING to do with the recession, and inflation ALWAYS follows recession, how is it logical to blame BIDEN for inflation when it always trails recession?

Your lack of logical reasoning ability is pretty pathetic.

 

[Eggs 5,000+ posts]

I bet the sheep think there is gold still in fort knox, and federal reserve is part of the government.