American small businessman schools rep on austerity

[Lucrum]

Quote from PHOENIX TRADING:

I still say he was stoned off his ass like maybe on pcp and it was only an encounter with a pelican.

Poor pelican.

 

[Ricter]

Quote from Tsing Tao:

Ricter doesn't get it. Europe isn't austere because it thinks that austerity is better than growth. It is austere because no one will give it money anymore.

With a couple of exceptions this theory is not reflected in interest rates. And, in general, those rates have fallen in the last year.

 

[Ricter]

Quote from Max E. Pad:

LOL, what better way to sum up the kind of people who libturds get their economic info from, a comic book store owner who doesnt deal in reality.

Lol, as you don't run so much as that your opinion is even less relevant.

 

[Lucrum]

Quote from Ricter:

Lol, as you don't run so much as that your opinion is even less relevant.

WTF does that even mean?

 

[pspr]

Quote from Lucrum:

WTF does that even mean?

A devious Ricter Riddle or signs of a stroke?

 

[Tsing Tao]

Quote from Ricter:

With a couple of exceptions this theory is not reflected in interest rates. And, in general, those rates have fallen in the last year.

Ricter, we've gone through this a million times. The Fed is buying up to 85% of the debt market now through QE. This is the "printing" option mentioned above. Same in Europe, but other central banks (including our Fed) are keeping those rates suppressed.

 

[Ricter]

Quote from Tsing Tao:

Ricter, we've gone through this a million times. The Fed is buying up to 85% of the debt market now through QE. This is the "printing" option mentioned above. Same in Europe, but other central banks (including our Fed) are keeping those rates suppressed.

Ahh, ok, so inflation must be high...

 

[Max E.]

Quote from Ricter:

Lol, as you don't run so much as that your opinion is even less relevant.

?

 

[pspr]

Quote from Ricter:

Ahh, ok, so inflation must be high...

If it doesn't devalue the dollar and isn't inflationary let's have the Fed print a billion for every family in America. I'll go first.

Have I told you today......

 

[Tsing Tao]

Quote from Ricter:

Ahh, ok, so inflation must be high...

We've also gone through this million times. Inflation is considerably higher than reported, but since most of the reserves are being used for prop desks at banks for speculation, we have cost-push inflation.