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Author Topic:   Testing The Financial Apologists
LamarkNewAge
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Posts: 2496
Joined: 12-22-2015
Member Rating: 1.2


Message 332 of 582 (917723)
04-14-2024 1:20 PM


What is the root cause if I flation?
I always felt that the failure of the political class, to target areas where costs are soaring is the biggest reason.
I have a book of Elizabeth Warren, and she showed price increases, adjusted with core inflation, in various goods and services, since 1984
Mosts things were somewhat level, but some were out of wack
Childcare was just unreal.
Up 853 percent from 1984 to around 2015.
House prices are the next area that should be tackled.
If I was in charge, I could sink average house prices by half, and daycare by 75 percent.

Replies to this message:
 Message 371 by Phat, posted 04-20-2024 9:14 AM LamarkNewAge has replied

  
LamarkNewAge
Member
Posts: 2496
Joined: 12-22-2015
Member Rating: 1.2


Message 333 of 582 (917724)
04-14-2024 1:41 PM
Reply to: Message 327 by Percy
07-25-2023 7:30 AM


Re: About Investing in Gold (Gold is now a what-wing "conspiracy"?)
So the Washington Post is saying gold issues are a right-wing conspiracy theory?
This partisan-Democratic trope seems cliche.
I admit that Alex Jones has recently said Bitcoin was an anti-nationalist conspiracy started by interdimensional aliens, but typically partisan-Democrats have been the ones promoting anti-Bitcoin conspiracy theory stuff.
EvC was saying it was some libertarian scheme to launder, it was good only for drug and gun running.
Who are the accused conspiracy theory people?
(El Salvador has a president who purchased a bunch of Bitcoins -for $20,000 - after China outlawed them, and said, "Thanks for the discount")
"Leftists" (or partisan Democrats) commonly have (anti-) "globalist" conspiracy theory supporters, then they get to play critics of conspiracy theories.
Do Democrats have an ideal if the El Salvadorian President is a "good guy" or a terrible person?
He is "MAGA" it "Putin" if he is considered bad.
Educate me, EvC!
Lol.

This message is a reply to:
 Message 327 by Percy, posted 07-25-2023 7:30 AM Percy has replied

Replies to this message:
 Message 334 by Percy, posted 04-14-2024 3:09 PM LamarkNewAge has not replied

  
LamarkNewAge
Member
Posts: 2496
Joined: 12-22-2015
Member Rating: 1.2


Message 335 of 582 (917726)
04-14-2024 3:14 PM


Lol The President of El Salvador IS called a Trumpist. Just googled.
I did not know that he spoke at the Conservative Political Action Committee yearly thingy, however.
He also attacked "Globalism" in his speech.
Odd.
I say odd because I really love how he wants to unify Central America into a single country.
He is more of what used to be considered "left-wing", but he is accused of being an evil Trumpist populist who enslaves his people and jails political opponents.
He seems to relish returning the accusation to the American elite.
I am happy to see he is admitted to be extremely popular - BOTH in El Salvador and all of Central America. Even though he is oft-accused of being an authoritarian tyrant who wants dictatorship.

  
LamarkNewAge
Member
Posts: 2496
Joined: 12-22-2015
Member Rating: 1.2


Message 337 of 582 (917731)
04-14-2024 3:24 PM
Reply to: Message 336 by Theodoric
04-14-2024 3:20 PM


Re: Financial Apologetics In 2024 And Beyond
It's part of the right-wing pro-gold conspiracy theory and totally MAGA & Vladimir Putin's attempt to buy Facebook ads to subvert democracy...
...all against the American government and American democracy

This message is a reply to:
 Message 336 by Theodoric, posted 04-14-2024 3:20 PM Theodoric has replied

Replies to this message:
 Message 338 by Theodoric, posted 04-14-2024 3:24 PM LamarkNewAge has replied

  
LamarkNewAge
Member
Posts: 2496
Joined: 12-22-2015
Member Rating: 1.2


(1)
Message 339 of 582 (917734)
04-14-2024 3:28 PM
Reply to: Message 338 by Theodoric
04-14-2024 3:24 PM


Re: Rock hide-out alert
The hidden-rock bunker is where the plans are for the Putin MAGA conspiracy to cancel democracy and make sure Trump subverts the elections by harassing the electoral college.
It will work
IT WILL WORK
BWWWAAAAAA. HÀAAAA HÀAAAA
(Pinky, are you thinking what I am thinking?)

This message is a reply to:
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LamarkNewAge
Member
Posts: 2496
Joined: 12-22-2015
Member Rating: 1.2


Message 392 of 582 (917961)
04-20-2024 12:31 PM
Reply to: Message 371 by Phat
04-20-2024 9:14 AM


Re: What is the root cause of Inflation?
I just saw this, but am on my phone. My computer is not working well, when I run videos. I will listen to it is while.
The first thing I think, on economics, is that economic-growth is very much tied to having a large population of young adults, relative to the older & (especially) retired population.
So, we have a "ponzi scheme" type of problem, when we hope for the economic landscape to fit our paradigm from decades past.
I feel we need targets for the hypothetical discount in the punishing cost of living, currently experienced.
Without a plan for inflation, the misery continues.
Bad "solutions" seem to be the politician's prescription and the typical offerings are little more than a botched sacrifice that will only immiserate us all the more - and in more ways than simply commiting a sleezy sin of distraction.
(One example of a bad "solution" is the price control mandate against the prescription drug market)

This message is a reply to:
 Message 371 by Phat, posted 04-20-2024 9:14 AM Phat has replied

Replies to this message:
 Message 396 by Phat, posted 04-21-2024 1:33 PM LamarkNewAge has replied
 Message 401 by Taq, posted 04-22-2024 11:32 AM LamarkNewAge has replied

  
LamarkNewAge
Member
Posts: 2496
Joined: 12-22-2015
Member Rating: 1.2


(1)
Message 395 of 582 (917971)
04-20-2024 7:19 PM
Reply to: Message 371 by Phat
04-20-2024 9:14 AM


Re: What is the root cause of Inflation?
The video was only 18 minutes long.
He talked slowly enough, and it ended soon enough, that I was not sure where he was going.
He described 2008 as a big turning point in currency values, the world over.
He seemed to indicate that he felt it was important to look at each respective nation's currency value situation individually - in terms of inflation - then to compare each one to each other nation's relative situation, and to do so on a measurable scale of years or a single year.
He was more concerned with the relationship of the United States currency situation vs. others, naturally.
He made note of the fact that the United States dollar was accepted in foreign countries grocery stores, while gold was not allowed to be used for payment. I forgot his exact point, or missed it completely from the start, but I am sure he had a cogent point.
He mentioned interest rates and expressed concern about the United States Treasury bonds being able to attract investors interest, and at what rate.
Again, it was very short. It seemed like it was not meant to be a completely concise introduction, honestly.
How often does he update his show? Do you feel it is cutting edge?

This message is a reply to:
 Message 371 by Phat, posted 04-20-2024 9:14 AM Phat has seen this message but not replied

  
LamarkNewAge
Member
Posts: 2496
Joined: 12-22-2015
Member Rating: 1.2


(1)
Message 397 of 582 (918004)
04-21-2024 1:42 PM
Reply to: Message 396 by Phat
04-21-2024 1:33 PM


Re: What is the root cause of Inflation?
B = Brazil
R = Russia
I = India
C = China
I would say the United States has more children per woman than any of these countries, with perhaps Brazil coming closest?
(India, however, has "population momentum" since fairly recent generations did have high fetrility. The current one does not have high fertility, but there are alot of females of childbearing age, in India, infact the highest in the world)
2.1 is replacement level for each pf these countries
2.3 is replacement level for the world.

This message is a reply to:
 Message 396 by Phat, posted 04-21-2024 1:33 PM Phat has seen this message but not replied

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LamarkNewAge
Member
Posts: 2496
Joined: 12-22-2015
Member Rating: 1.2


Message 417 of 582 (918099)
04-22-2024 4:47 PM


The obsolete China one child policy is irrelevant to current fertility
This is not the same issue.
Currently there is an issue of average number of live children born per women, over the course of her lifetime.
Please look at the past stats.
China had a higher level of births in the past.
If China never had a one-child policy, more old people would be alive today.
China would probably be as bad off, or even worse - especially by 2050

  
LamarkNewAge
Member
Posts: 2496
Joined: 12-22-2015
Member Rating: 1.2


Message 418 of 582 (918101)
04-22-2024 5:07 PM
Reply to: Message 401 by Taq
04-22-2024 11:32 AM


Re: What is the root cause of Inflation?
Show me the profit margin, per year for the drug company that was selling insulin.
(You should study the situation outside the United States, also)
Africa often pays more for the same drugs than we do.
It's more of a pharmacy problem.

This message is a reply to:
 Message 401 by Taq, posted 04-22-2024 11:32 AM Taq has replied

Replies to this message:
 Message 421 by Taq, posted 04-22-2024 6:06 PM LamarkNewAge has replied
 Message 428 by Theodoric, posted 04-22-2024 7:23 PM LamarkNewAge has not replied

  
LamarkNewAge
Member
Posts: 2496
Joined: 12-22-2015
Member Rating: 1.2


Message 419 of 582 (918102)
04-22-2024 5:17 PM
Reply to: Message 408 by ChatGPT
04-22-2024 3:29 PM


Re: Theo Demands Credentials
Is Bitcoin "fiat money"?
It is commonly called "fake" and "worthless".
China banned it.
But Bitcoin is worth almost $1.5 trillion.
(All Crypto is worth over $2 trillion)
That easily puts it in the solid percentage-range of World Gross Product value.
Alex Jones says evil Satanic Interdimensional Aliens created it. It is a plot against nationalism.
I oppose nationalism myself, and I admit that I always saw crypto currency as a potential help to the cause

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 Message 408 by ChatGPT, posted 04-22-2024 3:29 PM ChatGPT has not replied

Replies to this message:
 Message 420 by Taq, posted 04-22-2024 5:52 PM LamarkNewAge has not replied
 Message 423 by ChatGPT, posted 04-22-2024 6:19 PM LamarkNewAge has replied

  
LamarkNewAge
Member
Posts: 2496
Joined: 12-22-2015
Member Rating: 1.2


Message 422 of 582 (918110)
04-22-2024 6:17 PM
Reply to: Message 421 by Taq
04-22-2024 6:06 PM


Re: What is the root cause of Inflation?
Did you understand the question?
The profit margin for the prescription entire drug industry is about 15 percent, and I assume that based on past year's numbers.
That means that a $500 billion per year industry includes $75 billion profits
Regulation of profits is just targeted distraction.
More propaganda than a solution.
(Nevermind the problems it causes)

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 Message 421 by Taq, posted 04-22-2024 6:06 PM Taq has not replied

Replies to this message:
 Message 429 by Theodoric, posted 04-22-2024 7:26 PM LamarkNewAge has replied

  
LamarkNewAge
Member
Posts: 2496
Joined: 12-22-2015
Member Rating: 1.2


Message 424 of 582 (918112)
04-22-2024 6:27 PM
Reply to: Message 423 by ChatGPT
04-22-2024 6:19 PM


Re: Theo Demands Credentials
Bitcoin is vulnerable to regulation - including outright bans.
Central African Republic felt Bitcoin adoption could help it remove the imperialistic dog collar from its neck.
Instead, the leash got tightened.
It did not work there
On the other hand:
El Salvador has an anti-nationalist President, who has some strong views on Bitcoin.
His spirited effort to fight western imperialism includes support for Crypto currencies.
The El Salvadorian President is loved all across Central America, and it shows us that Central America very probably wants a single unified country.
I think ...

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 Message 423 by ChatGPT, posted 04-22-2024 6:19 PM ChatGPT has not replied

Replies to this message:
 Message 425 by Taq, posted 04-22-2024 6:58 PM LamarkNewAge has replied
 Message 427 by ChatGPT, posted 04-22-2024 7:22 PM LamarkNewAge has not replied

  
LamarkNewAge
Member
Posts: 2496
Joined: 12-22-2015
Member Rating: 1.2


Message 426 of 582 (918118)
04-22-2024 7:13 PM
Reply to: Message 425 by Taq
04-22-2024 6:58 PM


Re: Theo Demands Credentials
Worry about the prescription drug issue.
Stay in your lane...
(Show me the profit margins of prescription drug companies then extrapolate)
(Show me your example of a company - that produces insulin - making what in yearly profits)

This message is a reply to:
 Message 425 by Taq, posted 04-22-2024 6:58 PM Taq has replied

Replies to this message:
 Message 434 by Taq, posted 04-22-2024 8:45 PM LamarkNewAge has replied

  
LamarkNewAge
Member
Posts: 2496
Joined: 12-22-2015
Member Rating: 1.2


Message 430 of 582 (918131)
04-22-2024 7:30 PM
Reply to: Message 429 by Theodoric
04-22-2024 7:26 PM


Re: What is the root cause of Inflation?
That's what I asked Taq.
He said companies are making multiple times the amount they invest.
Ask him, retard

This message is a reply to:
 Message 429 by Theodoric, posted 04-22-2024 7:26 PM Theodoric has replied

Replies to this message:
 Message 431 by Theodoric, posted 04-22-2024 7:40 PM LamarkNewAge has replied

  
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