tag:blogger.com,1999:blog-9612609.post703997386102232312..comments2023-09-29T06:58:20.125-07:00Comments on Badtux the Snarky Penguin: Barney Frank and Christopher Dodd are idiotsBadTuxhttp://www.blogger.com/profile/01345749557330760251noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-9612609.post-62523396613185308932009-11-24T07:56:47.166-08:002009-11-24T07:56:47.166-08:00Grr. Spammers.Grr. Spammers.BadTuxhttps://www.blogger.com/profile/01345749557330760251noreply@blogger.comtag:blogger.com,1999:blog-9612609.post-33799352076604759462009-11-24T06:41:17.822-08:002009-11-24T06:41:17.822-08:00This comment has been removed by a blog administrator.Unknownhttps://www.blogger.com/profile/10913988994660387610noreply@blogger.comtag:blogger.com,1999:blog-9612609.post-38517484866322478402009-11-23T13:41:32.238-08:002009-11-23T13:41:32.238-08:00Here is some more insight into the nature of the p...Here is some more insight into the nature of the problem.<br /><br />http://baselinescenario.com/2009/11/23/government-debt-obama-budgets/<br /><br />http://baselinescenario.com/2009/11/20/government-debt-hysteria/<br /><br />Cheers!<br />JzB the base line trombonistJazzbumpahttps://www.blogger.com/profile/07337490817307473659noreply@blogger.comtag:blogger.com,1999:blog-9612609.post-40318086947698393012009-11-23T13:37:08.828-08:002009-11-23T13:37:08.828-08:00I think the best way to look at inflation-deflatio...I think the best way to look at inflation-deflation is as expansion-contraction of the money supply.<br /><br />Price inflation/deflation is effect, not cause.<br /><br />Money supply is cash plus credit. We are in the midst of the biggest credit contraction since the 30's. (A point that our friend Nathan didn't seem to grasp.)<br /><br />Hence deflation, at some level, is the current reality.<br /><br />Yes - Govt spending is a big part of the answer. But B Hussain O, et. al. are more interested in balancing the budget. Krugman comes at it today from a slightly different angle.<br /><br />http://krugman.blogs.nytimes.com/2009/11/23/deficit-hysteria/<br /><br />The point on Hoover spending is fascinating. Where can I find the numbers?<br /><br />So, in reference to our earlier conversation, BHO has not learned the lesson of 1929!<br /><br />I want to tell you, BTW, I'm doing my part. We spend every penny of my paltry pension + SS that trickles in each month.<br /><br />Cheers!<br />JzB the spending trombonistJazzbumpahttps://www.blogger.com/profile/07337490817307473659noreply@blogger.comtag:blogger.com,1999:blog-9612609.post-88235533084503340592009-11-23T12:07:13.228-08:002009-11-23T12:07:13.228-08:00Yea you are for the most part preaching to the cho...Yea you are for the most part preaching to the choir, except for an ocassional troll. You need a national soapbox, not that you have the time or anything like that.<br />I read about a suggestion for an Urban Solar/Wind Power installation project. The hills I live in are perfect for such a thing, I have electrical training and need a job. So many reasons it would be good, but it'll never happen. Banks don't loan, Power Companies are in it for profit, and the Gov, well it just dithers along. So sad , so sad.<br /> a still broke w3skiw3skihttps://www.blogger.com/profile/13993709956954374919noreply@blogger.comtag:blogger.com,1999:blog-9612609.post-88289869662868441072009-11-23T08:58:17.784-08:002009-11-23T08:58:17.784-08:00No one dissects the economic facts like you, BT.
...No one dissects the economic facts like you, BT.<br /><br />But how to disseminate them to the rest of the world?<br /><br />That's the task we have to try to save the world.<br /><br />Kudos!<br /><br />S<br /><br /><i>The only time I can think of where that has happened in historic times is when Paul Volcker drove rates up to 20% in order to get Ronald Reagan elected</i><br />____________________Cirzehttps://www.blogger.com/profile/07070125217972397204noreply@blogger.com