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Inflation, Deflation, Or A Bit Of Deflation?


Moo
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Okay, so I'm an "ultimately deflationist", insofar as I'm of the opinion that the Powers that Be will stomach a bit of inflation until it becomes obvious it's hitting their chances at the ballot box, at which point it's deflation-o-rama-here-we-come.

What do you chaps and chapettes think? Are our Esteemed Leaders looking inflate their way out of it, go for a Volcker-style deliberate deflationary recession*? Maybe they're hoping to tread the fine line between between the two, with a willingness to fall off either side? Or, they might even be planning something altogether different...

So, which is it, and please remember, the question relates to our CURRENT POLITICAL LEADERS.

Note : Any answer along the lines of "Our leaders are merely a front for the Deep Ones of Y'ha-nthlei", or other variants on the theme, should be justified fully and logically. It should be noted that "because it's not documented, it must be true" does not count as documentary evidence.

* Okay, more of a temporarily-inflation-stopping recession, but let's not argue, okay? It's late.

(Edited to change "in" to "it", okay?)

Edited by Moo
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Powerseekers generally, especially the sort who become leaders want everyone else to kneel down and open wide while they take a piss. Then thank them.

They are after power for themselves and misery for everyone else. They want control. They are sociopaths, psychopaths, killers, thieves and liars. They want control. They want to dominate.

They are evil. They want your slavery, your obedience and your fear. They'll pick the path of least resistance that takes them towards that goal, they are very easy to read that way, once you drop all illusions about what sort of people they are. The ultimate power over others is that of life and death, which is why power always expands until carnage ensues, because the goal of powerseekers IS carnage and nothing else.

Mega deflation, hyperinflation, all these are fine as long as people are generally weakened by it and easier to make docile and compliant. Poor, impoverished people are best of all. Right now we are going to get hyperinflationary collapse though as the powerseekers reach has overextended itself and they started to feed off themselves at long last (because there isn;t really anyone else left to leech off, they own pretty much everything).

Not to fret though, because a new set will replace them pretty rapidly and start the whole porcess of expansion and collapse all over again once the dust settles. It seems to be a generational lesson for humans, just like credit bubbles.

Someone else posted this link on this forum and it's well worth a read -

http://home.cc.umanitoba.ca/~altemey/

and ofc shadowstats for nuts and bolts -

http://www.shadowstats.com/article/292

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Guest Steve Cook
Powerseekers generally, especially the sort who become leaders want everyone else to kneel down and open wide while they take a piss. Then thank them.

They are after power for themselves and misery for everyone else. They want control. They are sociopaths, psychopaths, killers, thieves and liars. They want control. They want to dominate.

They are evil. They want your slavery, your obedience and your fear. They'll pick the path of least resistance that takes them towards that goal, they are very easy to read that way, once you drop all illusions about what sort of people they are. The ultimate power over others is that of life and death, which is why power always expands until carnage ensues, because the goal of powerseekers IS carnage and nothing else.

Mega deflation, hyperinflation, all these are fine as long as people are generally weakened by it and easier to make docile and compliant. Poor, impoverished people are best of all. Right now we are going to get hyperinflationary collapse though as the powerseekers reach has overextended itself and they started to feed off themselves at long last (because there isn;t really anyone else left to leech off, they own pretty much everything).

Not to fret though, because a new set will replace them pretty rapidly and start the whole porcess of expansion and collapse all over again once the dust settles. It seems to be a generational lesson for humans, just like credit bubbles.

Someone else posted this link on this forum and it's well worth a read -

http://home.cc.umanitoba.ca/~altemey/

and ofc shadowstats for nuts and bolts -

http://www.shadowstats.com/article/292

Communism it is then...eh Injin...... :lol:

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Okay, so I'm an "ultimately deflationist", insofar as I'm of the opinion that the Powers that Be will stomach a bit of inflation until it becomes obvious it's hitting their chances at the ballot box, at which point it's deflation-o-rama-here-we-come.

Why would a deflationary outcome bode better for their electoral success? Debts will go unpaid; companies will go bust; people will lose their jobs. The inflationary outcome offers less short-term pain and that's what the punters will prefer IMO -- up to the point of hyperinflation, at which point they will have learned what's what :ph34r:

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Communism it is then...eh Injin...... :lol:

Yes, something like it.

Freedom, that is classical, liberal freedom with a stong middle class, freedom of speech and association is practically dead in the water. most people who understand it and how important it is are disparate, busy, unorganised (probably by definition free people cannot be organised) and vastly outnumbered in general and apparently completely absent from the political class.

The authoritarians on the other hand are organised, fanatical and largely in control of all the important infrastructure. I can't see any way back from here apart from total collapse and then a rebuilding, sad to say. Best hope is that it will be quick collapse, leading to a faster recovery.

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Guest Steve Cook
Yes, something like it.

Freedom, that is classical, liberal freedom with a stong middle class, freedom of speech and association is practically dead in the water. most people who understand it and how important it is are disparate, busy, unorganised (probably by definition free people cannot be organised) and vastly outnumbered in general and apparently completely absent from the political class.

The authoritarians on the other hand are organised, fanatical and largely in control of all the important infrastructure. I can't see any way back from here apart from total collapse and then a rebuilding, sad to say. Best hope is that it will be quick collapse, leading to a faster recovery.

Someone once said that trying to organise free thinkers is a bit like trying to herd cats

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They will try to inflate on account of the election, people like that, they think more devalued money is good, along of course with low interest rates to pay that massive mortgage. In other words the vast majority don't realise that what is good for them is not what they want today, they want more of the same as what has lead us into current mess. This will be pandered to by the government on account of being the only thing that will lead to re-election. All governments of all persuasions will do this. When they get voted out, the incoming tories will have an opportunity to go the other way if we are lucky. This is not because they are conservatives but because they know that is the way to fix it (as do the current govt), in a way that they could not get away with if they had been in power for some time.

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A credit deflation is the worst possible event apart from experiencing an all out hyperinflation. Unfortunately as we have seen their tools for avoiding economic collapse are severely flawed. They will not avoid deflation, although are probably niavely confident they will keep inflation moderate.

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I voted C, but I genuinely think I should have voted "other".

New Labour definitely want strong economic growth; low (but non-zero) CPI inflation; strong currency; low interest rates (including retail interest rates); low unemployment - and massive tax revenue.

I genuinely believe that they think that they can have this just by wishing for it with their fingers crossed.

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