Inflation

[Martin Benade]

A person with class would suspend himself.

[Mark Roth]

What duplicate post? Rodney Dangerfield and I don’t get no respect!
Yes, it’s a double negative.

[Martin Benade]

So you are referring to deflation in a thread about inflation?

[Wes Bender]

What duplicate post? Rodney Dangerfield and I don’t get no respect!
Yes, it’s a double negative.

It's gone! Must have evaporated, or was a figment of my imagination...

[Mark Roth]

Speaking of double negatives -
Back in the bumper sticker days I saw this one for proud Texans:
“If you ain’t Texan, you ain’t sh*t”
Hummmmm…

[Wes Bender]

Here in AZ we have two kinds of Texans; those who weren't wanted in Texas and those who are wanted in Texas.

[Jules Dielen]

Inflation is the result of the US government spending more than it takes in and causing the Treasury to create money to pay for it. The Federal Reserve was created in 1905 to eliminate inflation. It is the worst of all government failures, yet it goes on its merry way. To the extent that your savings are in 356 Porches, or other goods, you escape the loss.

Germany, Holland and most Scandinavian countries have the same inflation and have been running a budget surplus for decades (pre covid) Not sure what tools the US treasury or government have to combat a global phenomenon?

[Martin Benade]

Economics (even just national) is a system with so many variables that even the experts are left to educated guesses. Sometimes they get it right, and when they do their explanation of why it worked might be wrong.

[Brian R Adams]

Economics ... is a system with so many variables that even the experts are left to educated guesses.

That describes another prominent field which thrives on doomsday predictions based soley on inadequate multivariate chaotic system models crunching problematic data.
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[Martin Benade]

I’d assume are referring to shoreline land erosion.

[Michael Branning]

Economics (even just national) is a system with so many variables that even the experts are left to educated guesses. Sometimes they get it right, and when they do their explanation of why it worked might be wrong.

One of my Econ professors told us “there are no one-armed economists” - because they couldn’t say “On the other hand….”

[Martin Benade]

I like that

[Brian R Adams]

I’d assume are referring to shoreline land erosion.

You're on a good heading and getting warmer.
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[Brian R Adams]

One of my Econ professors told us “there are no one-armed economists” - because they couldn’t say “On the other hand….”

Say that reminds me: Two linear econometrists were out deer hunting. One, the hunter, had the rifle; the other was spotting with binoculars. Lo and behold they saw a nice buck on a hillside quite some distance away. The hunter aimed and fired, kicking up dust three feet to the right of the buck, but with good elevation. "Three feet right!" exclaimed the spotter. The hunter compensated and fired again. This time the dust kicked up three feet to the left of the buck. "Got him!"
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[Brian R Adams]

Here in AZ we have two kinds of Texans; those who weren't wanted in Texas and those who are wanted in Texas.

Did you hear about the Texas Aggie who moved to Oklahoma and raised the average IQ of both states?
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