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We're actually underinflated now....we need about 3-4%

Posted on: July 20, 2016 at 17:57:18 CT

SparkyStalcup MU

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M.O.B. Votes:

inflation to goose the economy, you know, like we had in most of Reagan's 2 terms. Even Clinton's 2 terms had inflation mostly from 2-4%

Edited by SparkyStalcup at 17:58:14 on 07/20/16

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MESSAGE THREAD

This Is What Hyperinflationary Collapse Looks Like - JeffB MU

- 7/20 17:18:50

Won't happen in the U.S. If by chance it were to happen - Diamond Dave MU

- 7/20 17:42:06

We need to have higher inflation, but not hyperinflation - SparkyStalcup MU - 7/20 17:55:04

No. The U.S. has had two currency crises. Our original - JeffB MU

- 7/20 18:24:40

Wild swings LOL - Uncle Fester USMC - 7/20 18:01:51

Did you forget to take your meds? nm - SparkyStalcup MU - 7/20 18:09:34

I live in the real world Pal - Uncle Fester USMC - 7/20 18:12:17

So, yes, you forgot to take your meds. Nm - SparkyStalcup MU - 7/20 20:55:48

Agree. Moderate inflation isn't a problem - Diamond Dave MU

- 7/20 17:55:57

We're actually underinflated now....we need about 3-4% - SparkyStalcup MU - 7/20 17:57:18

Do you think we're teetering on stagflation? - Diamond Dave MU

- 7/20 17:58:41

Inflation is like 1%. No, we're nowhere close to stagflation - SparkyStalcup MU - 7/20 18:03:29

I'm no expert certainly, but what I've read says - Diamond Dave MU

- 7/20 18:06:20

Student loan debt is private debt, and it's a very big - SparkyStalcup MU - 7/20 18:08:58

Why do you think the US is immune? Our federal debt has - JeffB MU

- 7/20 17:49:46

RE: Why do you think the US is immune? Our federal debt has - sarasotatiger MU - 7/20 18:20:42

But are you going to leave your Social Security money in - JeffB MU

- 7/20 18:53:07

I'm not saying we're not in big trouble, but were the - Diamond Dave MU

- 7/20 17:55:01

We're also the biggest debtor nation in the world, and our - JeffB MU

- 7/20 19:06:12

Yep, Zimbabwe went that direction first. Mugabe and Chavez - SparkyStalcup MU - 7/20 17:29:29

Obama is corrupt, charismatic dictator that also isn't very - ummmm MU - 7/20 17:34:33

That load of crap isn't even worth responding to. nm - SparkyStalcup MU - 7/20 17:44:43

neocons?(nm) - Ragnar Danneskjold MU

- 7/20 17:39:34

Sanders was the most openly socialist of this year's candida - JeffB MU

- 7/20 17:37:15

It's not about socialism. What are the similarities between - SparkyStalcup MU - 7/20 17:46:17

They both use socialistic economics and socialistic tyranny - JeffB MU

- 7/20 18:00:56

They use tyranny. You can call it "socialism" if you want, - SparkyStalcup MU - 7/20 18:05:17

They control prices & try to run the economy by government - JeffB MU

- 7/20 19:15:26

Zimbabwe used to be the technology capital of the world! - Mr. Orange SU - 7/20 17:47:55