Welcome Guest [Log In] [Register]


Reply
Forecasts of $20/t iron ore. The response? IO now $48/t.; Iron ore recovery offers budget boon hopes
Topic Started: 21 Feb 2016, 07:58 PM (42,849 Views)
skamy
Member Avatar


Ex BP Golly
14 Apr 2016, 11:52 PM
Posted Image
INFLATION ya silly. The stock market dances to its own tune.

Posted Image

Here you can see many years of 20% plus inflation before the crash. It also show how ridiculously low inflation is today, yet simple Simon and yourself are expecting massive deflation. It is madness really. how can you believe such stupid doomster nonsense.

Definition of a doom and gloomer from 1993
The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
Profile "REPLY WITH QUOTE" Go to top
 
newjez
Member Avatar


I think you'll see 50 before you see 70.
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
Profile "REPLY WITH QUOTE" Go to top
 
Jimbo
Member Avatar


skamy
15 Apr 2016, 12:48 AM
INFLATION ya silly.
Describe inflation.

What is it?

Why do we need it?

Describe deflation.

What is it?

Why are you shit scared of it?

Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
Profile "REPLY WITH QUOTE" Go to top
 
Simon_S
Member Avatar


skamy
15 Apr 2016, 12:48 AM
INFLATION ya silly. The stock market dances to its own tune.

Posted Image

Here you can see many years of 20% plus inflation before the crash. It also show how ridiculously low inflation is today, yet simple Simon and yourself are expecting massive deflation. It is madness really. how can you believe such stupid doomster nonsense.
Thats funny my chart looks very different:

Posted Image

Yes there has been no inflation what so ever has there. I think you will find that the inflation figures are so contorted and manipulated to suit certain perceptions.

And heres another chart for the Retards...............Surely there is no correlation.
Posted Image

So skammy your really trying to tell me that as long as you have been alive the cost of items has been neutral or getting cheaper as time goes by?


Profile "REPLY WITH QUOTE" Go to top
 
Loki
Member Avatar


Simon_S
15 Apr 2016, 09:46 AM
Thats funny my chart looks very different:

Posted Image


Something must have happened in 1971. I wonder what that could have been ....

"Inflation is always and everywhere a monetary phenomenon." - Friedman

"Deflation is mostly and in advanced countries a productivity phenomenon." - Loki


“Talk sense to a fool and he calls you foolish.” - Euripides
Profile "REPLY WITH QUOTE" Go to top
 
Ex BP Golly
Member Avatar


that went well!
Edited by Ex BP Golly, 15 Apr 2016, 10:13 AM.
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
Profile "REPLY WITH QUOTE" Go to top
 
Simon_S
Member Avatar


I guess this is the point where Skammy conveniently disappears from the debate.......................

Just like Matthew and his "Economic Composition" prevents Depressions

And

Bardon and his Housing Formation and Consumer confidence model he can't explain when Rufus says otherwise.

Yes the resident f***tards run away when they realise they are caught out. :D





Profile "REPLY WITH QUOTE" Go to top
 
Rufus
Member Avatar


Simon_S
15 Apr 2016, 10:12 AM
I guess this is the point where Skammy conveniently disappears from the debate.......................

Just like Matthew and his "Economic Composition" prevents Depressions

And

Bardon and his Housing Formation and Consumer confidence model he can't explain when Rufus says otherwise.

Yes the resident f***tards run away when they realise they are caught out. :D





Your chart and Skamy's appear to be in agreement, it's just that you don't understand your chart.

Posted Image

Posted Image


Neither do you seem to appreciate that for the better part of the last 100 years central banks have controlled the markets in a different way to the manner in which markets acted before.

You support the argument that you furiously try to deny.
Take risks - if you win you will become wealthy, if you lose you will become wise
Profile "REPLY WITH QUOTE" Go to top
 
skamy
Member Avatar


Jimbo
15 Apr 2016, 07:13 AM
Describe inflation.

What is it?

Why do we need it?

Describe deflation.

What is it?

Why are you shit scared of it?
I am not scared of deflation it is you who is scared of it - this is why you sold your house.

I simply understand that the reserve bank is tasked to provide us with inflation at a low level. It has done this successfully for quite some time.

In the past, as the graph above shows, deflation has followed extreme inflation.

It is madness to think we will see deflation after this long period of low inflation.

Prices dropping for electronics and other goods has happened since I was a child and it never led to any real size of deflation yet.
Loki
15 Apr 2016, 09:55 AM

Something must have happened in 1971. I wonder what that could have been ....

"Inflation is always and everywhere a monetary phenomenon." - Friedman

"Deflation is mostly and in advanced countries a productivity phenomenon." - Loki
If you plot prices, when the central banks are tasked with maintaining a % level of inflation, you will see a type of exponential curve as you guys have posted. It is nothing to get all scared about. Everyone alive knows how little their grandparents paid for evrything, all you have don is plot this phenomena.

This increase in prices is desirable and controlled by the central banks.

In order to look at the likelihood of deflation you need to look at RELATIVE price growth. This will show you that prices grew by 20% plus for many years prior to the great depression as people rebuilt after the war and the shortage of labour caused wage increases etc. As the reconstruction work completed these high prices could not be maintained hence the deflation.

Similar events have occurred since then in the 60s and 70s following large RELATIVE inflation.

Loki surely you are not falling for the stupidity expressed in the post above by Simple Simon the great depression whiner.

Jimbo too can be quite daft on this topic - he thinks decreasing electronics prices will lead to deflation, jeez you should have seen the prices we paid for 1 kilobyte of RAM back in the day. A child can carry a tablet in their backpack with more computer power that we had in a massive lab filled with huge machines back in the day. Plus they pay a fraction of the price. That process did not lead to world economic deflation now did it?
Ex BP Golly
15 Apr 2016, 10:01 AM
that went well!
You are funny - you always hope and hope that some bear some day will finally make a valid point and you jump so quickly to cheer them on in their idiocy.
Edited by skamy, 15 Apr 2016, 11:09 AM.
Definition of a doom and gloomer from 1993
The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
Profile "REPLY WITH QUOTE" Go to top
 
Simon_S
Member Avatar


Rufus
15 Apr 2016, 10:36 AM
Your chart and Skamy's appear to be in agreement, it's just that you don't understand your chart.

Posted Image

Posted Image


Neither do you seem to appreciate that for the better part of the last 100 years central banks have controlled the markets in a different way to the manner in which markets acted before.

You support the argument that you furiously try to deny.
Can't see the obvious that monetary policy is failing to create Growth as the IMF and Others continue to Downgrade Global Growth Forcasts even after furiously implementing Record Low Interst Rates and in many case Negative Rates and QE.

IMF cuts global growth outlook

Quote:
 
The world economy is increasingly at risk of stalling, the International Monetary Fund warned Tuesday as it once again cut its forecast for global growth prospects.

The IMF said it was forced to downgrade its growth forecast for this year to 3.2 per cent, down by 0.2 percentage point from its projection issued in January. China’s slowdown and weak commodity prices are taking a deeper toll on emerging markets than expected and rich countries are still struggling to escape the legacies of the financial crisis, the fund said.


So Rufus please confirm that "YOU" believe that Central Bank policy is working to create and sustain Global Growth and will lead to another boom.

Yes Rufus it is going rather smashingly isn't it!

Nice of you though to agree that Skammy is talking shit again.............


skamy
15 Apr 2016, 10:48 AM
I am not scared of deflation it is you who is scared of it - this is why you sold your house.

I simply understand that the reserve bank is tasked to provide us with inflation at a low level. It has done this successfully for quite some time.

In the past, as the graph above shows, deflation has followed extreme inflation.

It is madness to think we will see deflation after this long period of low inflation.

Prices dropping for electronics and other goods has happened since I was a child and it never led to any real size of deflation yet.

If you plot prices, when the central banks are tasked with maintaining a % level of inflation, you will see a type of exponential curve as you guys have posted. It is nothing to get all scared about. Everyone alive knows how little their grandparents paid for evrything, all you have don is plot this phenomena.

This increase in prices is desirable and controlled by the central banks.

In order to look at the likelihood of deflation you need to look at RELATIVE price growth. This will show you that prices grew by 20% plus for many years prior to the great depression as people rebuilt after the war and the shortage of labour caused wage increases etc. As the reconstruction work completed these high prices could not be maintained hence the deflation.

Similar events have occurred since then in the 60s and 70s following large RELATIVE inflation.

Loki surely you are not falling for the stupidity expressed in the post above by Simple Simon the great depression whiner.

Jimbo too can be quite daft on this topic - he thinks decreasing electronics prices will lead to deflation, jeez you should have seen the prices we paid for 1 kilobyte of RAM back in the day. A child can carry a tablet in their backpack with more computer power that we had in a massive lab filled with huge machines back in the day. Plus they pay a fraction of the price. That process did not lead to world economic deflation now did it?

You are funny - you always hope and hope that some bear some day will finally make a valid point and you jump so quickly to cheer them on in their idiocy.
Talking shit again Skammy.

Yes from the BANK OF INTERNATIONAL SETTLEMENTS....The Central Bankers BANK!

Global storm rising as central banks fail to convince markets –BIS

Quote:
 
Investing.com - The Bank for International Settlements (BIS) warned that a global storm was rising for the world’s economy as central banks pushed rates into negative territory and may be running out of effective options.


Running out of options? But don't they control prices........looks like not.

Quote:
 
At the heart of the issue was the decision by five central banks –European Central Bank (ECB), Swiss National Bank (SNB), Danmark’s Nationalbank (DN), Riksbank and Bank of Japan (BoJ)- to push rates into negative territory and the uncertainty that the move would actually be effective.


Is it affective? LOL

Quote:
 
Market participants have taken notice,” Borio said. “And their confidence in central banks’ healing powers has – probably for the first time – been faltering.”
“Policymakers too would do well to take notice,” Borio concluded.


Well Well Well.............Been Faultering?

What was your argument again Dufus?

Edited by Simon_S, 15 Apr 2016, 11:28 AM.
Profile "REPLY WITH QUOTE" Go to top
 
1 user reading this topic (1 Guest and 0 Anonymous)
ZetaBoards - Free Forum Hosting
Free Forums. Reliable service with over 8 years of experience.
Go to Next Page
« Previous Topic · Australian Property Forum · Next Topic »
Reply



Australian Property Forum is an economics and finance forum dedicated to discussion of Australian and global real estate markets and macroeconomics, including house prices, housing affordability, and the likelihood of a property crash. Is there an Australian housing bubble? Will house prices crash, boom or stagnate? Is the Australian property market a pyramid scheme or Ponzi scheme? Can house prices really rise forever? These are the questions we address on Australian Property Forum, the premier real estate site for property bears, bulls, investors, and speculators. Members may also discuss matters related to finance, modern monetary theory (MMT), debt deflation, cryptocurrencies like Bitcoin Ethereum and Ripple, property investing, landlords, tenants, debt consolidation, reverse home equity loans, the housing shortage, negative gearing, capital gains tax, land tax and macro prudential regulation.

Forum Rules: The main forum may be used to discuss property, politics, economics and finance, precious metals, crypto currency, debt management, generational divides, climate change, sustainability, alternative energy, environmental topics, human rights or social justice issues, and other topics on a case by case basis. Topics unsuitable for the main forum may be discussed in the lounge. You agree you won't use this forum to post material that is illegal, private, defamatory, pornographic, excessively abusive or profane, threatening, or invasive of another forum member's privacy. Don't post NSFW content. Racist or ethnic slurs and homophobic comments aren't tolerated. Accusing forum members of serious crimes is not permitted. Accusations, attacks, abuse or threats, litigious or otherwise, directed against the forum or forum administrators aren't tolerated and will result in immediate suspension of your account for a number of days depending on the severity of the attack. No spamming or advertising in the main forum. Spamming includes repeating the same message over and over again within a short period of time. Don't post ALL CAPS thread titles. The Advertising and Promotion Subforum may be used to promote your Australian property related business or service. Active members of the forum who contribute regularly to main forum discussions may also include a link to their product or service in their signature block. Members are limited to one actively posting account each. A secondary account may be used solely for the purpose of maintaining a blog as long as that account no longer posts in threads. Any member who believes another member has violated these rules may report the offending post using the report button.

Australian Property Forum complies with ASIC Regulatory Guide 162 regarding Internet Discussion Sites. Australian Property Forum is not a provider of financial advice. Australian Property Forum does not in any way endorse the views and opinions of its members, nor does it vouch for for the accuracy or authenticity of their posts. It is not permitted for any Australian Property Forum member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor. It is not permitted for Australian Property Forum members to ask for or offer specific buy, sell or hold recommendations on particular stocks, as a response to a request of this nature may be considered the provision of financial advice.

Views expressed on this forum are not representative of the forum owners. The forum owners are not liable or responsible for comments posted. Information posted does not constitute financial or legal advice. The forum owners accept no liability for information posted, nor for consequences of actions taken on the basis of that information. By visiting or using this forum, members and guests agree to be bound by the Zetaboards Terms of Use.

This site may contain copyright material (i.e. attributed snippets from online news reports), the use of which has not always been specifically authorized by the copyright owner. Such content is posted to advance understanding of environmental, political, human rights, economic, democratic, scientific, and social justice issues. This constitutes 'fair use' of such copyright material as provided for in section 107 of US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed for research and educational purposes only. If you wish to use this material for purposes that go beyond 'fair use', you must obtain permission from the copyright owner. Such material is credited to the true owner or licensee. We will remove from the forum any such material upon the request of the owners of the copyright of said material, as we claim no credit for such material.

For more information go to Limitations on Exclusive Rights: Fair Use

Privacy Policy: Australian Property Forum uses third party advertising companies to serve ads when you visit our site. These third party advertising companies may collect and use information about your visits to Australian Property Forum as well as other web sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here: Google Advertising Privacy FAQ

Australian Property Forum is hosted by Zetaboards. Please refer also to the Zetaboards Privacy Policy