omg omg omg 121 - Page 4 - omg omg omg -- Two Plus Two Poker Forums

ur perpetuating the race to the bottom. oh god, union stuck up and said no, we dont want to live like they do in the thrid word, we want livable wages, we might in fact demand it. peice of **** state down the line doesnt care, and says ya, come exploit our people, we dont care, we wont pay for their helathcare, u dont have to either. pretty soon we are no beter than china

The Federal Reserve sir.

01-08-2012 , 07:28 AM

#77

j2sooted

scooter, politard king

Join Date: Jun 2006 Posts: 8,574

what about it?

01-08-2012 , 07:29 AM

#78

LirvA

banned

Join Date: Sep 2007 Posts: 43,574

It's what is destroying the middle class.

01-08-2012 , 07:30 AM

#79

Abe008

I ARE just biebwr
but not a mod

Join Date: Jun 2009 Posts: 12,139

How does one sleep? I am ****ing buzzing and it's woat.

PHILllllLll00000PPpppppp

01-08-2012 , 07:30 AM

#80

j2sooted

scooter, politard king

Join Date: Jun 2006 Posts: 8,574

because we have a central bank the middle class dies? ur gonna need to connect those dots for me

01-08-2012 , 07:33 AM

#81

LirvA

banned

Join Date: Sep 2007 Posts: 43,574

01-08-2012 , 07:34 AM

#82

phil0pp

Pooh-Bah

Join Date: Jan 2007 Posts: 3,589

is mark still up

01-08-2012 , 07:35 AM

#83

Abe008

I ARE just biebwr
but not a mod

Join Date: Jun 2009 Posts: 12,139

Emmm yeah I just got driven home in own bed now (sun)

01-08-2012 , 07:35 AM

#84

j2sooted

scooter, politard king

Join Date: Jun 2006 Posts: 8,574

i have an economics degree, im not gonna watch a cartoon about inflation, speak ur point

01-08-2012 , 07:36 AM

#85

Abe008

I ARE just biebwr
but not a mod

Join Date: Jun 2009 Posts: 12,139

Ready for some ELIte today

01-08-2012 , 07:38 AM

#86

LirvA

banned

Join Date: Sep 2007 Posts: 43,574

Inflation causes money to be worth less. The middle class loses money through inflation. Bob Blue Collar makes 40k a year, and normally spends 15k a year on gas and food. Inflation causes the prices to rise though, so he now has to spend 25k a year. Inflation causes the middle class to become poor.

01-08-2012 , 07:39 AM

#87

j2sooted

scooter, politard king

Join Date: Jun 2006 Posts: 8,574

yes, that is the definition of inflation, whats ur point?

01-08-2012 , 07:40 AM

#88

allinontheturn

'Merican Dullard

Join Date: Nov 2008 Posts: 22,649

I agree, inflation is bad for you if you have all your money buried in a hole in your backyard.

01-08-2012 , 07:40 AM

#89

Abe008

I ARE just biebwr
but not a mod

Join Date: Jun 2009 Posts: 12,139

That's quite a lot of inflation bro. Most people's wages rise somewhere in line with inflation imho.

01-08-2012 , 07:40 AM

#90

j2sooted

scooter, politard king

Join Date: Jun 2006 Posts: 8,574

what has core inflation been running at for the pst few years?

01-08-2012 , 07:40 AM

#91

mikelle

3rdworldkistan

Join Date: Jul 2009 Posts: 2,675

during the 90's we had highest hyper inflation ever in the world here... that was so crazy! prices would change in real time so basically what you buy at morning doesn't cost the same at afternoon or in the evening

01-08-2012 , 07:40 AM

#92

LirvA

banned

Join Date: Sep 2007 Posts: 43,574

That is my point, and I have connected the dots for you sir.

01-08-2012 , 07:41 AM

#93

phil0pp

Pooh-Bah

Join Date: Jan 2007 Posts: 3,589

Quote:

Originally Posted by Abe008

Emmm yeah I just got driven home in own bed now (sun)

Quote:

Originally Posted by Abe008

Ready for some ELIte today

(nod)

01-08-2012 , 07:41 AM

#94

j2sooted

scooter, politard king

Join Date: Jun 2006 Posts: 8,574

even with all the quantitave easing and 0% fed funds rates? **** should be rampant right?

01-08-2012 , 07:42 AM

#95

phil0pp

Pooh-Bah

Join Date: Jan 2007 Posts: 3,589

Quote:

Originally Posted by Abe008

That's quite a lot of inflation bro.

putting that accounting class to good use

01-08-2012 , 07:42 AM

#96

mikelle

3rdworldkistan

Join Date: Jul 2009 Posts: 2,675

also, in economical terms - inflation is good and much better than deflation. every economy wishes and strive for an inflation (a minimum one, but still inflation)

01-08-2012 , 07:42 AM

#97

j2sooted

scooter, politard king

Join Date: Jun 2006 Posts: 8,574

Quote:

Originally Posted by LirvA

That is my point, and I have connected the dots for you sir.

no u havent, inflation is very low right now, through qe1, qe2, and what might be qe3, and 0% fed funds rate for the forseeable futre, we are still in a deflationry rish zone if we double dip, which feasibly is a bigger problem to the econmy than what we are dealing with now