Rising global stock markets and proposed tax code changes

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[gsrxx420xx]

obama sucks, democrats suck, republicans suck, END THE DAMN FED!!! HR 1207

[powerbunZ]

You've been reading too much J.M. Keynes: First off, inflation is an increase in the currency supply (inflating means expanding). Rising prices are NOT inflation; they are a result of it.

Sure, there's been a disconnect between money supply growth and prices because much of the money is held by foreign central banks. If they dump the dollar, a tidal wave of fiat money will flood the United States, and prices will rise fast. This, plus recent unprecedented FED printing = disaster.

[desperatefight]

I'm just looking at the "peace statue" in the book shelf.

[ALTERED13TH]

The U.S. economy is actually headed into a very serious depression. From the year 2000 the Dow has lost 39% which is close to the loss of 42% for the decade of the Great Depression. Trade is also down to Great Depression levels and industrial production for the past nine months is in a decline similar to the nine months after 1929. This calamity has only just begun. Besides, the market has been tanking the last few days.

[thirty2ncountin]

Though I agree, advising doesn't necessarily mean making policy. No politician will ever do anything that will collapse the economy, even if it was for the best.

[litetheory]

Peter, you SHOULD be the Chief US economic adviser.

[Perceiving]

Very interesting (Scary) stuff about burden of proof!! Did Obama study law to figure out how to take away individual rights? Perhaps he believes that rights should be given to a select group of people and taken away from others. Time will surely tell and we won't have to wait too long at this rate of change.

[ncurran1987]

I only got onto this guy recently and he's pretty cool. I'm beginning to love him more and more.

[btbking]

you da man

[thefayed]

Yes i agree with your first paragraph. Technically `inflation` is just an increase in money supply. However when people actually yes inflation they usually mean consumer inflation.

It is a fact to say that increases in money supply have not always led to increse in consumer inflation, it may or may not this time. Yes `IF` they dump the dollar, i am glad you have admitted this is just an if. I live outside the US, it is unbelievable how much confidence foriegn investors have in the dollar.

[RAMKING61]

Nobody mentions that the dollar(DXY) and the euro(FXE) go in opposite directions every single hour of every single business day.