Nubblies.net Forums - Wtf Did You Google To End Up Here? - View Single Post

DJ FC · 04-19-2010, 02:59 PM

F3lix where did you get this 4-9% number? Banks on Wall St. are willing to trade inflation linked swaps for far lower rates of sustained inflation than this.

You seem to think that the Fed is the only person creating money. Any bank who makes a loan creates money.

Most economists think inflation is not a concern right now because of how much slack there is in the economy. We have excess capacity and therefore prices cannot go higher.

My oppinion is only my oppinion, the smart ones in finance are saying deflation is also a genuine concern.

04-19-2010, 02:59 PM	#23 (permalink)
DJ FC MURICAN Join Date: Jul 2004 Location: Virginia Posts: 5,136 Internets: 253094	F3lix where did you get this 4-9% number? Banks on Wall St. are willing to trade inflation linked swaps for far lower rates of sustained inflation than this. You seem to think that the Fed is the only person creating money. Any bank who makes a loan creates money. Most economists think inflation is not a concern right now because of how much slack there is in the economy. We have excess capacity and therefore prices cannot go higher. My oppinion is only my oppinion, the smart ones in finance are saying deflation is also a genuine concern.
	The basis of our governments being the opinion of the people, the very first object should be to keep that right; and were it left to me to decide whether we should have a government without newspapers, or newspapers without a government, I should not hesitate a moment to prefer the latter. But I should mean that every man should receive those papers and be capable of reading them.