Comments on: ‘We can’t inflate our way to prosperity’ http://blogs.reuters.com/chrystia-freeland/2010/10/12/we-cant-inflate-our-way-to-prosperity/ Sun, 28 Jul 2013 14:34:09 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: zotdoc http://blogs.reuters.com/chrystia-freeland/2010/10/12/we-cant-inflate-our-way-to-prosperity/#comment-276 Wed, 13 Oct 2010 15:51:32 +0000 http://blogs.reuters.com/chrystia-freeland/?p=306#comment-276 I’m afraid that as predicted, the great experiment of democracy is about to come to an end. Politicians have found they can get re-elected easily by spending money they have confiscated from hard working taxpayers on programs and entitlements. Unfortunately, our founders did not consider that representation without taxation might be as bad as taxation without representation. We have come to the point that the non taxpaying voters outnumber the taxpayers, and they are voting themselves ever more entitlements with the help of our politicians!

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By: PeterMelzer http://blogs.reuters.com/chrystia-freeland/2010/10/12/we-cant-inflate-our-way-to-prosperity/#comment-273 Wed, 13 Oct 2010 00:33:42 +0000 http://blogs.reuters.com/chrystia-freeland/?p=306#comment-273 I wonder at what point we would start engaging in hyperinflation. Remember the Republic of Weimar?

See for yourselves:
http://brainmindinst.blogspot.com/2008/1 2/reichsmark-fiscus-exuberance.html

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By: underwolf http://blogs.reuters.com/chrystia-freeland/2010/10/12/we-cant-inflate-our-way-to-prosperity/#comment-272 Tue, 12 Oct 2010 22:50:48 +0000 http://blogs.reuters.com/chrystia-freeland/?p=306#comment-272 Shares must have become cheaper when the economy develops. This is not happening. Why?

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By: DisgustedReader http://blogs.reuters.com/chrystia-freeland/2010/10/12/we-cant-inflate-our-way-to-prosperity/#comment-271 Tue, 12 Oct 2010 21:53:21 +0000 http://blogs.reuters.com/chrystia-freeland/?p=306#comment-271 The levee constructed by banks has burst, and we are up to our eyeballs in toxic sludge, much like Hungary in the literal sense. Everyone is screaming at Bernanke to pull the switch and unleash a torrent of currency to wash it all away. Bernanke stares off into the distance and his hand trembles as it passes over the lever. “Well what are you waiting for?” impatiently exclaims President Obama. We’ve reached the season finale, folks. After a commercial break, a sneak preview about what happens on the next season of Dynasty… and we’re all dying to know the outcome.

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By: Mike_s1 http://blogs.reuters.com/chrystia-freeland/2010/10/12/we-cant-inflate-our-way-to-prosperity/#comment-270 Tue, 12 Oct 2010 20:41:50 +0000 http://blogs.reuters.com/chrystia-freeland/?p=306#comment-270 I’m confused…the Fed is not part of Team Obama. Nobody wants to add debt if you don’t have to, but with the economy failing, are their any other alternatives? Would imposing austerity measures to tame the debt somehow help the economy? States that have begun enforcing austerity measures are seeing the edge of the double dip recession.

Unfortunately, we can’t have the proverbial cake and eat it too. Eventually the waiter will bring the bill. If we skip the cake, we may not have a restaurant to go to once we decide to grab a slice…

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By: Amaresh_Gangal http://blogs.reuters.com/chrystia-freeland/2010/10/12/we-cant-inflate-our-way-to-prosperity/#comment-269 Tue, 12 Oct 2010 20:33:12 +0000 http://blogs.reuters.com/chrystia-freeland/?p=306#comment-269 I have developed blog to discuss this and such issues. you may find predictions on . http://amareshgangal.blogspot.com/p/top- predictions.html

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By: Amaresh_Gangal http://blogs.reuters.com/chrystia-freeland/2010/10/12/we-cant-inflate-our-way-to-prosperity/#comment-268 Tue, 12 Oct 2010 20:32:14 +0000 http://blogs.reuters.com/chrystia-freeland/?p=306#comment-268 I don’t blame these people for their thought process. They believe that weakening currency (Stimulating/ QE) will solve all their problems. They think they are right. In today’s world of “Easy way out” this philosophy is obvious. Issue however is what happens if currency depriciation goes more or far more than expected. As then. Appriciating currency back is tough and that can take generation of hard work.

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By: Gotthardbahn http://blogs.reuters.com/chrystia-freeland/2010/10/12/we-cant-inflate-our-way-to-prosperity/#comment-267 Tue, 12 Oct 2010 19:58:09 +0000 http://blogs.reuters.com/chrystia-freeland/?p=306#comment-267 What rubbish. America owes far too much money to the rest of world to risk a buyers strike of its debt. In yet another example of the Obama regime’s stunning incompetence, treasury debt has been piled up sky-high with little, if anything, to show for it. And please, if there WAS anything to show for it, we wouldn’t be wasting our time having these silly discussions about QE2 and whatnot, because the economy would be going great guns as was promised by Team Obama, and it clearly ain’t. QED

Left unsaid in all these discussions of the Fed, with only a grudging nod to the rest of the world, is the destructive role played by fiscal policy out of Washington. Bank-bashing may please the hard-core union vote; medicare may please the ‘progressives’ and their ilk; but out in the real world, nations have to pay their way or risk bankruptcy. Uncle Sam default? It’s happened before.

Creditors will smell debt-monetization long before it happens, and all this fine talk about twenty basis point declines in real rates will be just so much static when long rates get into double digits. Don’t think it can happen to America? Tell Mr. Obama to be mindful of the rest of the world for a change, and stop taking so much for granted. Better yet, clip his wings sooner rather than later.

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