Schiff vs Dsglop on inflation

[sprylama]

dsglob is a rodeo clown , the only way capital will evaoporate is if interest rates rise significantly , and that has not happened ,, dsglob knows nothing at all .

[sprylama]

dsglob is a joke , he has no creds at all .

[rgs11]

dsglop smells.

[getnbusy2nite]

>>> in addition (whether you agree with it or not) we live and operate in a world of fractional reserve banking, thus Money Supply is not merely the Monetary Base (the RESERVES created by the Federal Reserve). Money Supply is codified in the amount of checking accounts and loans given out by banks identified as Monetary Aggregates (M1, M2, etc...). Since the end of the recession by NBER dates, M2 has increased 4% while the monetary base has increased 13%

[getnbusy2nite]

Dsglop is addressing higher prices while Schiff is addressing an increase in money supply (the more traditional definition of inflation). Core price levels are still very low, and food and energy prices are increasing because of "real" economic factors not "nominal" factors as is the position of Schiff. There was a major fire in Russia which led to a wheat export ban, Coffee production has been low in Columbia and Brazil, and it's Winter thus people demand more fuel >>>

[AirelonTrading]

Wheat & Corn down since February. Soybeans Flat. Crude is getting pummeled. PPI since Feb is 0% Yeah. Sure looks inflationary (that's sarchasm)

[polarbeach]

@AirelonTrading how is wheat acting now ?

[vampirehunter33]

dsglop is a moron he's the same guy that said global governance does not mean world government

when global means world and governance means government lol

guy is a real dumb ass

[bearishpeter]

Money evaporated...LOL this guy dsglop is and a moron

[idigl7220]

And...a year later and there is still inflation, no price increases, etc. Schiff is an idiot.

[MockeryMadeEasy]

@idigl7220 Right... Nevermind the almost 18% increase in food prices since this time last year.

[idigl7220]

@MockeryMadeEasy

First, that number is wildly exaggerated. Food prices have increased, but not 18%. Also, commodities like food can change price for a multitude of reasons. If there is a bad growing season, food prices go up. In all likelihood, if the price of food is increasing and nothing else is, it has to do with supply issues, not changes in the money supply. In other words, if food prices are increasing and nothing else is, it's not inflation.

[MockeryMadeEasy]

@idigl7220 Its not exaggerated. That is my number, which comes from my own tracking of specific food items for the past year. Some items increased in price by over 20%. I understand what you are saying, but food is not the only area seeing a large increase in cost. Energy of all kinds are also increasing at a similar rate. Perhaps you are correct, however. Time will tell.

[idigl7220]

@MockeryMadeEasy

First of all, your own tracking of the products you buy is nowhere near objective evidence. You overwhelmingly buy the same products from the same part of the country.

Also, energy (read:oil) are a commodity as well. When, say, a oil rig explodes, energy costs will go up in a process that has nothing to do with inflation or the money supply.

Peter Schiff is wrong; and has been overwhelmingly wrong for the past year. Your little cult needs to get past that.

[petiemac12]

dsglop.....Stop studying Keynesian lies and look up inflation in the Dictionary that I bought you...lol....and do some push ups

[newnoggin2]

the little canadian guy, dsglop slurs and mumbles his way though his hobby of posting videos. nobody takes him seriously, as he has no concept of logic. he must have rich relatives, as he certainly could not make it through life with his defective brain. to even mention him in the same video as schiff is an insult to schiff.

[CoverFireHero]

I understand the economy perfectly now, thanks dsglop. There's no inflation, the money is evaporating! - Sarcasm.