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Inflation or Deflation

upnorthkyosa's picture
Sat, 2008-11-15 14:13 — upnorthkyosa

Since all money is created by credit, one would think that the absense of credit would cause massive deflation of the currency. On the other hand, since the US has been burning the electronic printing presses for years and putting trillions of dollars out there, one might very well expect hyperinflation. How are these going to balance? What can we expect?

Sat, 2008-11-15 17:55 — jhaynes
jhaynes's picture

Poof!

Hyper Stagflation
In the Last depression the dollar actually kept its value...the plan now is hyper inflation coupled with stagnation of the economy. so while prices sky rocket, ( the cost a loaf of bread doubled every two days in Germany until the cost reached into the billions), our wages will not as there will be lines for any and all job openings. (unemployment figures OVER 20%). couple this with another proposed stimulus package, Trillions of dollars of Bailouts, GM and Ford collapsing and dragging the government Pension insurance program with them, with a supposed Obama increase in taxes to put a cherry on top (this is what set off the last great depression). and poof! Shelter Line stretchin' round the corner! Welcome to the new world order.

Highway patrol choppers comin' up over the ridge
Hot soup on a campfire under the bridge
Shelter line stretchin' round the corner
Welcome to the new world order
-Bruce Springsteen "The Ghost of Tom Joad"

Sun, 2008-11-16 18:43 — scratchbrad
scratchbrad's picture

i would have to argue that

i would have to argue that Premculture is the only thing that may save many people from starving to death due to the fact that they believe that food magically appears at grocery stores, fast food chains, or that farms are nothing more than something that you drive by. DIY.

Mon, 2008-11-17 00:44 — jhaynes
jhaynes's picture

All Well and Good

Permaculture is all well and good and may actually be the synthesis that "they" are pushing us too, however I am concerned with any mention of the Gaia theory. This unfortunately smacks of co-opted new age/aeon control. WTFU people Carbon Dioxide is an essential element in life on this planet...and do you wanna know how to reduce it fastest? Invert the paradigm...
read into that what you will.

Highway patrol choppers comin' up over the ridge
Hot soup on a campfire under the bridge
Shelter line stretchin' round the corner
Welcome to the new world order
-Bruce Springsteen "The Ghost of Tom Joad"

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