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hi_vis360
November, 2024

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How bad do you think inflation is going to be?

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NESblowjob
Posts: 1174 - Karma: 41
like seriously i think obama is going to fuck everything up with all this spending how bad is inflation going to be?
Mar 17 2009 5:23PM
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Barefootin_Fiend
Posts: 7618 - Karma: 4,727
time will tell. 
Mar 17 2009 5:26PM
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stairmaster
Posts: 129 - Karma: 11
Obama will be the new lincoln actually I wouldnt expect this "reccession" two weeks, obama will take care of it just like he's been fixing everything that last 2 months
Mar 17 2009 5:27PM
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Dr_Feelgood
Posts: 1176 - Karma: 15
very.
Mar 17 2009 5:40PM
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Chief.Woodcock
Posts: 1018 - Karma: 158
probably be paying 20 mil for an egg
Mar 17 2009 5:45PM
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Tasche
Posts: 5422 - Karma: 99
we are in a state of deflation right now and the fed has interest rates at near 0. So no to what you are thinking.
Mar 17 2009 5:52PM
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49566738265
Posts: 0 - Karma: 7,704
Yes, but we are talking about the future.  Since we are printing about $1.2 trillion dollars, inflation will indeed be a problem at some point.  Stimulus packages are ultimately unsuccessful in general economic terms, but they can (hopefully!) buy time to relieve the pressure.

I'm not an Obama fan, but for God's sake he's the President now and no good will come from raining on him and Congress at this point.  We just have to suck it up and push forward.

In the mean time, be thankful that you had a meal today unlike much of the world.
Mar 17 2009 7:12PM
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dwhite
Posts: 1499 - Karma: 32
time to start bringin wheelbarrows full of money to the grocery store!
Mar 17 2009 7:24PM
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Tasche
Posts: 5422 - Karma: 99
What are you basing this argument on?
Mar 17 2009 7:26PM
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NESblowjob
Posts: 1174 - Karma: 41
yeah fuck that i keep telling my parents to buy real estate cause it will hold its value better than cocksucking us dollars
Mar 17 2009 7:28PM
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Tasche
Posts: 5422 - Karma: 99
I don't think so if you look at the graph below housing prices still have a long way to drop. And using the word "cocksucking" makes you seam like a fool. So basically we have not hit the bottom yet. Things are going to get a lot worse before they get better.

Click for larger image

Mar 17 2009 7:36PM
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