do you prefer boom-bust cycles?

[zdreg]

thye most likely bust is an inflationary bust since gov'ts refuse to take painful steps necessary to make economies efficient. all they want to do is to print paper to cover their sins + follies.

 

[zdreg]

Quote from SNBthetrue:

lol... so much empathy...

remember boom you go long... burst you go short

"empathy"

liberals have empathy for everyone but especially for their own wallets.

what can u say about the american people who voted for 2 economic disasters as president - bush and obama.

 

[Daal]

Quote from zdreg:

your conclusion is incorrect since it is not obvious that in a bust your bank account would be wiped out.

"Of the more than 25,000 banks in business in 1929, fewer than 15,000 survived to 1933."

________________________________

denying the natural corrective economic forces will result in a bigger bust down the road.

the economy is treated by the gov't just like a heroin junkie. the junkie needs ever more heroin to seem to function. eventually the junkie dies from an overdose. the same is true of the economy. eventually there is a collapse.

The actual failures with losses to depositors were fewer than these, tons of banks merged during that time

 

[Scataphagos]

Quote from zdreg:

"... GDP growth of 3% per year is not the natural rate of growth for the US or Europe. it is probably much less.

Correctamundo! The maximum, sustainable, non-inflationary, REAL GDP growth is the growth rate of the population.

ALL of our boom/bust swings are due to government screwing with the money.

 

[Daal]

Quote from Scataphagos:

Correctamundo! The maximum, sustainable, non-inflationary, REAL GDP growth is the growth rate of the population.

ALL of our boom/bust swings are due to government screwing with the money.

Boy, when I thought I had heard it all. If thats the case this means in the entire history of the world there was no per capita real increase in standards of living

 

[SNBthetrue]

Dear Daal,

It's clear that some people don't have the capacity to understand the concept of knowledge and how it's applied to economic and personnal growth.

 

[Kassz007]

Quote from Scataphagos:

Correctamundo! The maximum, sustainable, non-inflationary, REAL GDP growth is the growth rate of the population.

ALL of our boom/bust swings are due to government screwing with the money.

Where did you come up with this theory?

 

[maxitronixy]

Quote from blackjack007:

which do you prefer:

1. an uneventful economy with consistent 6.5% unemployment and consistent, modest GDP growth of 3%, or:

2. the boom-bust cycles we've been seeing where unemployment bounces between 3% and 10%, and where GDP bounces between -2% and 6%.

myself, i like these boom-bust cycles. you can make a lot during the boom years then sock it away, and during the bust years you can really live it up and buy anything your heart desires at fire-sale prices.

I SECOND WHAT U SAID.

 

[mavericktrader]

Boom and bust cycles are natural and should just be accepted. I personally think the engineering of the fed to try to smooth out the boom and bust cycles with artificial monetary policy is only contributing to the boom/bust cycles.

For instance, one of the factors of this latest boom and bust was brought on by the artificially low interest rates created by the fed in 2002-2005.

 

[Trend Following]

Quote from mavericktrader:

Boom and bust cycles are natural and should just be accepted. I personally think the engineering of the fed to try to smooth out the boom and bust cycles with artificial monetary policy is only contributing to the boom/bust cycles.

For instance, one of the factors of this latest boom and bust was brought on by the artificially low interest rates created by the fed in 2002-2005.

Agreed.