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Pensacola Discussion Forum
PACEDOG#1 wrote:Wonder why we are still deficit spending ?
knothead wrote:Who needs any stinking facts?
Dot wrote:knothead wrote:Who needs any stinking facts?
hope you looked at the FACTS and not boards fairy tales.
The GDP is NOT up, its down.
boards of FL wrote:Dot wrote:knothead wrote:Who needs any stinking facts?
hope you looked at the FACTS and not boards fairy tales.
The GDP is NOT up, its down.
You are objectively wrong.
Dot wrote:Actually, I'm not wrong. QE is artificially making for some very good fuzzy math. I do beleive that you know this but most likely wouldnt admit it to save your life.
boards of FL wrote:Dot wrote:Actually, I'm not wrong. QE is artificially making for some very good fuzzy math. I do beleive that you know this but most likely wouldnt admit it to save your life.
Even if QE were creating runaway inflation -which it isn't -, the GDP number that I posted is real GDP, meaning, it accounts for inflation.
Stand corrected.
Dot wrote:boards of FL wrote:Dot wrote:Actually, I'm not wrong. QE is artificially making for some very good fuzzy math. I do beleive that you know this but most likely wouldnt admit it to save your life.
Even if QE were creating runaway inflation -which it isn't -, the GDP number that I posted is real GDP, meaning, it accounts for inflation.
Stand corrected.
Are you going to argue that the feds pumping the air money into the works of it all doesnt fabricate a false GDP number? Because it does. and I think the gentleman made the point very clear.
but argue on. I know you wont accept the facts.
PkrBum wrote:Where did it come from... what value was transfered for that? Who wins? Who loses?
PkrBum wrote:I think I read it as a second reduction to 45B a month... the estimated debt held by the federal reserve is over 4 Trillion.
Imagine that for a moment. Where did it come from... what value was transfered for that? Who wins? Who loses?
knothead wrote:Dot wrote:boards of FL wrote:Dot wrote:Actually, I'm not wrong. QE is artificially making for some very good fuzzy math. I do beleive that you know this but most likely wouldnt admit it to save your life.
Even if QE were creating runaway inflation -which it isn't -, the GDP number that I posted is real GDP, meaning, it accounts for inflation.
Stand corrected.
Are you going to argue that the feds pumping the air money into the works of it all doesnt fabricate a false GDP number? Because it does. and I think the gentleman made the point very clear.
but argue on. I know you wont accept the facts.
I agree that the QE policy is double edge sword . . . good for today's economy but the future consequences are yet to be determined . . . pure speculation and the differing answers usually are dependent on the political stripes . . . point is, the consequences or the net benefit of this policy will not be known for quite some time.
boards of FL wrote:I see. So your argument is that QE resulted in money going to foreign banks, and then that gave us "fake GDP". Got it. Makes perfect sense.
Hey. When reality doesn't agree with you, make shit up. Right?
boards of FL wrote:Dot wrote:Actually, I'm not wrong. QE is artificially making for some very good fuzzy math. I do beleive that you know this but most likely wouldnt admit it to save your life.
Even if QE were creating runaway inflation -which it isn't -, the GDP number that I posted is real GDP, meaning, it accounts for inflation.
Stand corrected.
Dot wrote:boards of FL wrote:I see. So your argument is that QE resulted in money going to foreign banks, and then that gave us "fake GDP". Got it. Makes perfect sense.
Hey. When reality doesn't agree with you, make shit up. Right?
No, I already proved the GDP was fake by the influx of air money.
Now I'm just bitching about who's buying that air money (debt)
boards of FL wrote:http://mam.econoday.com/byshoweventfull.asp?fid=461138&cust=mam&year=2014&lid=0&prev=/byweek.asp#top
Markle wrote:boards of FL wrote:Dot wrote:Actually, I'm not wrong. QE is artificially making for some very good fuzzy math. I do beleive that you know this but most likely wouldnt admit it to save your life.
Even if QE were creating runaway inflation -which it isn't -, the GDP number that I posted is real GDP, meaning, it accounts for inflation.
Stand corrected.
Because, as you know, the Fed has been printing $75 billion a month into the economy each month.
What happens when they stop?
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