In response to:

American Beauty - Not Yet

BFDOFR Wrote: Mar 29, 2013 11:42 AM
Charles, perhaps you can answer a question I've been pondering for a few years. The USA, and the world, lost billions, trillions in 2008. Nothing actually changed. Houses that were financed by bad loans did not burn down. So, the loss was on paper. Then the Fed started QE'ng. They also changed nothing. They built no houses, etc. So, their paper increase simply restored the paper loss. That's why we haven't seen general inflation ensue, right? I think they've QE'd to a money supply back to the 08 level by now, or close. So, if they continue we'll have real inflation, right?
Colonialgirl Wrote: Mar 29, 2013 7:07 PM
There is a LOAD of inflation; It's just that the Government and liberals EXLUDE everything that makes a BIG jump from the equation; You know, that non-cost of living stuff like FOOD, Gasoline, shelter, clothing and little things like of NO consequence.

Beauty for some provides escape,
Who gain a happiness in eyeing
The gorgeous buttock of the ape
Or Autumn sunset's exquisitely dying.
Aldous Huxley


I have this habit of looking into all facets of life to get a read on the realities of life both economic and non-economic. For me the micro can help explain the macro and macro explain the micro. It's not a great habit as I tend to count seats in musical halls, assume ticket prices and then figure out how much the act is commanding and after they pay everyone how much the stars get to pocket. I can't help it. I...