Inflation, Depression, or Inflationary depression ? ...

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  • dogtag
    Senior Member
    • Sep 2009
    • 14985

    #1

    Inflation, Depression, or Inflationary depression ? ...

    Given that the Fed is printing and spending money like
    the proverbial Drunken Sailor, together with democrat
    Governors and Mayors shutting down their economies,
    it doesn't take an Einstein to figure that something nasty
    is lying in wait down the road. Now add a Biden Presidency
    to the mix which may turn into a Kamala Harris Presidency
    then it may be time to head for the hills. Europe is in as
    bad a state as we are which leaves our arch enemy China
    in a good position with their economy in relatively good
    shape. Anyone think they wouldn't try to take advantage ?
  • Roadkingtrax
    Senior Member
    • Feb 2010
    • 7835

    #2
    Originally posted by dogtag
    Given that the Fed is printing and spending money like
    the proverbial Drunken Sailor, together with democrat
    Governors and Mayors shutting down their economies,
    it doesn't take an Einstein to figure that something nasty
    is lying in wait down the road. Now add a Biden Presidency
    to the mix which may turn into a Kamala Harris Presidency
    then it may be time to head for the hills. Europe is in as
    bad a state as we are which leaves our arch enemy China
    in a good position with their economy in relatively good
    shape. Anyone think they wouldn't try to take advantage ?
    Ah...the return of fiscal responsibility? Zero percent interest rates and low taxes are a bad place to get better from.

    Cry us a f'n river.
    "The first gun that was fired at Fort Sumter sounded the death-knell of slavery. They who fired it were the greatest practical abolitionists this nation has produced." ~BG D. Ullman

    Comment

    • togor
      Banned
      • Nov 2009
      • 17610

      #3
      DT the time to start griping about burgeoning red ink was 2017.

      Comment

      • dryheat
        Senior Member
        • Sep 2009
        • 10587

        #4
        The Fed keeps the beat. After the GR the plan was, no more horrible recessions. The stock market has been choppy for the last few weeks waiting on stimulus money. The stock market was in nose bleed territory before March. The techs are crazy high and I don't think can get much higher. Then it was growth stocks but I think that has run it's course. We are waiting for the doctor to come out and tell us, sorry folks he didn't make it. I don't think China holds it against us that we made them trip and fall.
        If I should die before I wake...great,a little more sleep.

        Comment

        • dogtag
          Senior Member
          • Sep 2009
          • 14985

          #5
          When a newly made 50 cent size brass coin sells for twenty thousand dollars
          I just feel that something weird is going on.

          Comment

          • S.A. Boggs
            Senior Member
            • Aug 2009
            • 8568

            #6
            Doesn't matter, Herr Biden is "leading" US to a "better" life in the New Democracy that is forthcoming.
            Sam

            Comment

            • togor
              Banned
              • Nov 2009
              • 17610

              #7
              Originally posted by dogtag
              When a newly made 50 cent size brass coin sells for twenty thousand dollars
              I just feel that something weird is going on.
              Whose face was on it?

              Comment

              • dogtag
                Senior Member
                • Sep 2009
                • 14985

                #8
                Originally posted by togor
                Whose face was on it?
                Yours. That's what worries me.

                Comment

                • S.A. Boggs
                  Senior Member
                  • Aug 2009
                  • 8568

                  #9
                  Originally posted by dogtag
                  Yours. That's what worries me.
                  If so the coin is valueless.
                  Sam

                  Comment

                  • togor
                    Banned
                    • Nov 2009
                    • 17610

                    #10
                    Originally posted by dogtag
                    Yours. That's what worries me.
                    So not an actual thing, just hyperbole?

                    Comment

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