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Cannonpointer
19 Dec 2017 11:45 am
19 Dec 2017 11:45 am
Cannonpointer
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2%, the dildo says. Remarkable job, he says. gas milk housing bread I remember when gas and bread were around 10 cents - one silver dime. A home was maybe 10 grand. Our new 3 bedroom in town cost 7200 in '63. At 2% inflation, it would be worth about 17k today. Let's see what zillow says, mr. ...
— LiberalForum Archive
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peepee
19 Dec 2017 10:55 am
19 Dec 2017 10:55 am
peepee
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...as someone who has grown a little fond of you charles, SHHHHHHHHHHHHHHH...you're only digging deeper...ENOUGH OF YOUR CHILD-LIKE OPINIONS/UNDERSTANDINGS ABOUT SOME 2% GROWTH MEASURED IN SOME ILLION$ OF DOLLARS WHEN IT'S PAINFULLY OBVIOUS THAT YOU ARE A BUTT-IGNORAMUS AS TO THE ORIGIN AND NATURE O...
— LiberalForum Archive
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Dantev2
19 Dec 2017 10:36 am
19 Dec 2017 10:36 am
Dantev2
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2% inflation is too low, even assuming that figure is real and not a simulacrum (which it probably is)....
— LiberalForum Archive
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GeorgeWashington
19 Dec 2017 09:50 am
19 Dec 2017 09:50 am
GeorgeWashington
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- Modern Money Mechanics, Federal Reserve Bank of Chicago https://archive.org/stream/ModernMoneyM ... 2/mode/1up...
— LiberalForum Archive
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charles.thompson
19 Dec 2017 07:54 am
19 Dec 2017 07:54 am
charles.thompson
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the fed operates as it does to keep inflation around 2%...which it has honestly done a great job at...and it certainly would not be possible for us to have 2% inflation if private banks were making their own money. Also, the fed is supposed to try to keep unemployment around 4.5%, which it has been ...
— LiberalForum Archive
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peepee
19 Dec 2017 07:33 am
19 Dec 2017 07:33 am
peepee
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...DANTE, i believe you'll find that the initial smoke and mirror, paper-shuffle transaction involves the 'federal reserve board' acquiring the interest-bearing treasury bonds for nothing/free but depositing these bonds in their 'member banks' [the thousands of private commercial banks] where they a...
— LiberalForum Archive
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Termin8tor
19 Dec 2017 07:18 am
19 Dec 2017 07:18 am
Termin8tor
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Also defined as: coup or coup d’état an occasion when a group of people takes control of a country, usually by means of military force https://www.macmillandictionary.com/us/ ... erican/cou Which at least some officials are attempting, including former Obama officials, FBI officials, Justice Dept ...
— LiberalForum Archive
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Cannonpointer
19 Dec 2017 01:26 am
19 Dec 2017 01:26 am
Cannonpointer
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If the government were "getting it's own money back," we would not be 20 trillion in arrears. We would be breaking even. If the fed were "mostly government," charles would not be as full of **** as a christmas goose....
— LiberalForum Archive
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Dantev2
19 Dec 2017 12:37 am
19 Dec 2017 12:37 am
Dantev2
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It's a pretty pointless exercise since a lot of those assets are US Treasuries, so basically the Treasury is getting its own money back. They might as well have the power to credit bank reserves without FOMC. The system peepee suggested was crediting every adult US citizen an equal amount whenever n...
— LiberalForum Archive
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Cannonpointer
19 Dec 2017 12:36 am
19 Dec 2017 12:36 am
Cannonpointer
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Yes, yes - "real" conspiracy theories - because control of the issuance of our currency - that's not juicy enough for an apologist with zero conception of reality....
— LiberalForum Archive