tag:blogger.com,1999:blog-3758330678390419129.post2735112764968939520..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Alan Greenspan Warns of Double Digit Price InflationRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-3758330678390419129.post-89479369112230737962014-02-22T00:44:17.823-05:002014-02-22T00:44:17.823-05:00Greenspan and the whole financial cartel should be...Greenspan and the whole financial cartel should be in prison.<br />The problem is they are all above the law because they own the government.<br />Just google Bilderberg Group and Trilateral CommisionAnonymoushttps://www.blogger.com/profile/03974541456832270287noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-71931738595000583792013-10-24T18:10:25.949-04:002013-10-24T18:10:25.949-04:00Greenspan should be in prison.Greenspan should be in prison.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-70011593052076699402013-10-22T23:30:09.777-04:002013-10-22T23:30:09.777-04:00Then he put his foot in his mouth:
"The Fed c...Then he put his foot in his mouth:<br />"The Fed could neutralize this threat by selling the bonds, sucking the money back out of the economy. "<br />At what price? Who's gonna buy that junk?steveZhttps://www.blogger.com/profile/00598248557573036202noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-67542122155367343412013-10-22T14:50:37.674-04:002013-10-22T14:50:37.674-04:00and it's 350% higher than when I started drivi...and it's 350% higher than when I started driving 15 years ago.....thanks Wolfie<br /><br /><br />-GitzAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-83020348891441009462013-10-22T13:43:33.475-04:002013-10-22T13:43:33.475-04:00The underlying capital is not being destroyed. Fi...The underlying capital is not being destroyed. Fiat money is not a claim. That's why it's called fiat money. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-6244186649465674512013-10-22T13:42:19.395-04:002013-10-22T13:42:19.395-04:00The Fed reimbursed 82 billion in interest to the T...The Fed reimbursed 82 billion in interest to the Treasury last year. They have plenty of money coming in Obviously they can print money if cash flow is not sufficient. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-71060384016619520622013-10-22T13:40:47.592-04:002013-10-22T13:40:47.592-04:00Can't you tell by looking at the graph on that...Can't you tell by looking at the graph on that page that whoever runs that site simply takes the published number and adds a constant to it? He's not recalculating inflation. It's obviously a bogus web site. Use that number to calculate the real interest rate on BBB corporate bonds. 10% inflation makes no economic sense.<br /><br />Anyone who believes inflation is currently 10% does Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-89193052716500867762013-10-22T13:40:19.545-04:002013-10-22T13:40:19.545-04:00Robert/Chris - Can the Fed increase it's "...Robert/Chris - Can the Fed increase it's "excess reserves" interest rate without raising the Fed funds rate (or other interest rates)?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-10772443192906527402013-10-22T13:35:22.622-04:002013-10-22T13:35:22.622-04:00The writer spoke the truth when he said "infl...The writer spoke the truth when he said "inflation has sagged to the lowest levels on record." He was speaking the truth when he said "it’s been a long time since anyone accurately predicted higher inflation." Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-30757466099950256112013-10-22T10:53:18.787-04:002013-10-22T10:53:18.787-04:00I have a feeling his book's title is a big ins...I have a feeling his book's title is a big inside joke -- it's based on the old phrase "the map is not the territory". Well, considering he's most famous for his monetary exploits, the closest analogue would be "the currency supply is not the money supply"; e.g. the outstanding claims are not the same as the underlying wealth. Which is really the key point neededAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-47178893952083168022013-10-22T10:38:52.596-04:002013-10-22T10:38:52.596-04:00http://www.shadowstats.com/alternate_data/inflatio...http://www.shadowstats.com/alternate_data/inflation-charts<br />real consumer inflation rate is now around 10%Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-2602073429786313732013-10-22T10:27:09.949-04:002013-10-22T10:27:09.949-04:00Where would the Fed get the money to pay the highe...Where would the Fed get the money to pay the higher interest rates to the banks. It seems if rates rise the Fed's balance sheet would turn negative in a hurry.Anonymousnoreply@blogger.com