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Forum Post: The Fed Has Been Fighting Deflation. Why does this matter? (Correction Added)

Posted 1 year ago on Aug. 18, 2012, 9:39 a.m. EST by richardkentgates (3269) from Fort Walton Beach, FL
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14 Comments

14 Comments


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[-] 1 points by richardkentgates (3269) from Fort Walton Beach, FL 1 year ago

Sad, isn't it.

[-] 2 points by john23 (-272) 1 year ago

Good post...you can also see the inflation in the cost of goods:

http://hmscoop.com/MoneySupplyvsCommodities.html

[-] 1 points by richardkentgates (3269) from Fort Walton Beach, FL 1 year ago

Useful but I'll be comparing inflation rises to injections from the FED to show it's being done intentionally to combat deflation.

[-] 2 points by hchc (3297) from Tampa, FL 1 year ago

Excellent post. Real shit. As long as the ones making the rules have a better understanding of how economies work than the ones that are doing the work in the economy, then we are destined to be harvested.

[-] 1 points by richardkentgates (3269) from Fort Walton Beach, FL 1 year ago

Exactly.

[-] 1 points by beautifulworld (20509) 1 year ago

Voted down for saying that? Hmmm. I'll have to vote you back up.

[-] 1 points by hchc (3297) from Tampa, FL 1 year ago

Typical troll shit. PRobablu voted down by the people I was refering to in the comment haha.

One of the die hard Dem supporters seems to have gone through an awakening over the last few months, posts some good stuff now.

Theres still about three on here regularly that simply cannot imagine how OWS could have formed as something different than the typical r vs l thing.

As I have said before, awakening the 99% that this entire system is screwed, is really the biggest challenge of Occupy. Pretty much fighting generations of nationalistic, divisive propaganda and marketing.

I'm called rabid socialist by the right, and a neo liberal conservative by the left.

[Deleted]

[-] 1 points by hchc (3297) from Tampa, FL 1 year ago

I think you got my comment messed up with someone elses....

[-] 1 points by richardkentgates (3269) from Fort Walton Beach, FL 1 year ago

No, I thought you meant me. My apologies.

[-] 1 points by beautifulworld (20509) 1 year ago

You are right, Richard, and a small group of people had this knowledge and played the financial game and became even wealthier than they already were.

[-] 1 points by richardkentgates (3269) from Fort Walton Beach, FL 1 year ago

It took a while to see that their cure means a cure for the 1% at the cost of our economy and the working class.

[-] -1 points by funkytown (-374) 1 year ago

Status quo means different things to different people - Washington has a self preservation interest, the corporations have profit interest, the Fed tries to accommodate both to the best of their interest. On the opposite side of this equation is an American populace that now has traded home equity for greater access to housing, that is better positioned in the market, and is receiving better service from service related industry. Consumer products, it would seem, can't possibly deflate anymore than they already have. But they're going to, just the same. Everybody has a stake in the economic machinations but nobody has the ability to program the machine; we are input, it will spit out an output of its own accord.

[-] 1 points by richardkentgates (3269) from Fort Walton Beach, FL 1 year ago

There has been no deflation is prices.