tag:blogger.com,1999:blog-1592992209402300549.post6162828229609037668..comments2024-03-29T07:33:41.566-04:00Comments on The Silicon Graybeard: I Got Yer Hyperinflation Right Here! SiGraybeardhttp://www.blogger.com/profile/00280583031339062059noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-1592992209402300549.post-63362175440335108042015-07-12T20:39:32.405-04:002015-07-12T20:39:32.405-04:00I went to school with a guy who could never seem t...I went to school with a guy who could never seem to get the answer right when asked a question. If he said "no" then the answer was "yes". If he said "right" then the answer was "wrong" Krugman is kinda like that. I will point out that I don't think Krugman is stupid and thus doesn't know the truth. No, he is smart and he and others arte involved in the worlds biggest scam; taking American's wealth. There are (will be) winners and losers. It is helpful to know that Krugman is lying. Take heed our economy is in the dumper and getting worse all the time. The sooth sayers are lying to us. Some are doing it to keep the scam going. Others are lying about our econmic state because they are terrified and justifiably fearful that as soon as most people understand this the economy will collapse. The scam depends on everyone keeping on, living life, spending and investing their money. As soon as everyone figures out it's all fake and they try to get their money back out of their investments and savings accounts our economy will hit uncharted depths.<br />There is a third group of people who really trouble me. The "honest" politicians and the MSM and other spokes people. They know this economy/country is in deep crap, they now it's headed for a cliff and they continue to feed us pap. At least tell the truth as you see it. If the press had done their job for the last 50 plus years we wouldn't have 50 million people on welfare and owe untold trillions that we can never and will never pay back. We might as well have never had the 1st amendment to protect free speech and the press because they wasted that right telling us about stupid things that hollywood types did. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-11290099628171728872015-07-12T10:21:26.171-04:002015-07-12T10:21:26.171-04:00David Martin - that's the thousand pound goril...David Martin - that's the thousand pound gorilla in the room of a question. For the population to be able to retire on what they have in their 401k, they have to be able to live on the interest from it. Since nobody can do that (until you get to billionaire levels of net worth) they have to be able to sell their stocks or mutual fund shares. But there's nobody out there to buy those shares with the shrinking demographics of the next generations. <br /><br />SiGraybeardhttps://www.blogger.com/profile/00280583031339062059noreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-89522460930267597762015-07-12T09:40:01.987-04:002015-07-12T09:40:01.987-04:00Debt service is a problem for Big Brother, but I t...Debt service is a problem for Big Brother, but I think the unfunded liabilities of Social Security is a bigger one, and a zero interest environment is causing a lot of people to defer their retirement.<br /><br />How, BTW, was anyone ever able to be convinced that there are enough legitimate (wealth creating) investments out there for an entire population to retire on investment income?<br /><br />David MartinAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-15543673945639391622015-07-12T00:05:09.919-04:002015-07-12T00:05:09.919-04:00Inflation and deflation....two sides of the same c...Inflation and deflation....two sides of the same coin, a tool used by .gov and the banks to manipulate value for their gain at the expense of society. Neither is based on actual supply or demand but on the perceived value of whatever measure in current use. Of course that measure is always fiat based and readily manipulated.Dannoreply@blogger.com