Schiff vs Dsglop on inflation
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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 .
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dsglob is a joke , he has no creds at all .
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dsglop smells.
10 months ago 2
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>>> 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%
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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 >>>
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@AirelonTrading how is wheat acting now ?
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Wheat & Corn down since February. Soybeans Flat. Crude is getting pummeled. PPI since Feb is 0% Yeah. Sure looks inflationary (that's sarchasm)
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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.
newnoggin2 2 years ago 18
I understand the economy perfectly now, thanks dsglop. There's no inflation, the money is evaporating! - Sarcasm.
CoverFireHero 3 years ago 15