Re: Welcome to Hyperinflation!

2008-09-08 Thread John Williams
From: Nick Arnett [EMAIL PROTECTED] I'm not sure that all that many people have learned not to be greedy and short-term focused. No doubt. But some have learned that house prices don't always go up. My posting was ironically predictive, as my job fell victim to the market's obsession with

Welcome to Hyperinflation!

2008-09-08 Thread Jon Louis Mann
The way I see it, a short-term focus on cash returns is a good thing for all but the most proven and talented forward thinkers. It keeps the market moving towards greater efficiency. the way i see it is focusing on cash returns is a BAD thing no matter how efficient it makes the market:

Re: Welcome to Hyperinflation!

2008-09-08 Thread John Williams
Jon Louis Mann [EMAIL PROTECTED] the way i see it is focusing on cash returns is a BAD thing no matter how efficient it makes the market: How would you allocate resources among all the people who say if I only had this then I could accomplish ___?

Re: Welcome to Hyperinflation!

2008-09-08 Thread John Williams
Jon Louis Mann [EMAIL PROTECTED] the way i see it is focusing on cash returns is a BAD thing no matter how efficient it makes the market: Good point. If the market were less efficient, almost no one would be able to afford computers or Internet access. Then no one would need to listen to

Re: Welcome to Hyperinflation!

2008-09-08 Thread Ronn! Blankenship
At 03:25 PM Monday 9/8/2008, John Williams wrote: Jon Louis Mann [EMAIL PROTECTED] the way i see it is focusing on cash returns is a BAD thing no matter how efficient it makes the market: How would you allocate resources among all the people who say if I only had this then I could

Welcome to Hyperinflation!

2008-09-08 Thread Jon Louis Mann
the way i see it is focusing on cash returns is a BAD thing no matter how efficient it makes the market: Good point. If the market were less efficient, almost no one would be able to afford computers or Internet access. Then no one would need to listen to crazies spouting nonsense

Re: Welcome to Hyperinflation!

2008-09-08 Thread John Williams
Jon Louis Mann [EMAIL PROTECTED] you don't get it john, the market is fixed; it is rigged by the plutocrats. Thank you Jon! I've been so naive, but you have opened my eyes. Those evil plutocrats have really kept me down, but I won't stand for it any more! they don't care what all this

Re: Welcome to Hyperinflation!

2008-09-07 Thread Ronn! Blankenship
At 08:20 PM Monday 9/1/2008, Doug Pensinger wrote: Ronn! wrote: The 4% inflation is unacceptable statement was the Democrat's ridicule of Ford's Whip Inflation Now! campaign and it's WIN buttons. I'm sure they picked the worst figure they could find, just as whoever from the other side who came

Re: Welcome to Hyperinflation!

2008-09-07 Thread Ronn! Blankenship
At 10:03 PM Monday 9/1/2008, John Williams wrote: Doug Pensinger [EMAIL PROTECTED] So who can we blame for poor leadership and the complete lack of a comprehensive energy policy? The same one we blame for poor humanity leadership and complete lack of a comprehensive intelligent-design

Re: Welcome to Hyperinflation!

2008-09-07 Thread Ronn! Blankenship
At 11:41 PM Monday 9/1/2008, John Williams wrote: Doug Pensinger [EMAIL PROTECTED] What is important is that a leader take responsibility for his administration. It is important that I am able to distinguish between someone that has done a good job and someone that hasn't when I cast my

Re: Welcome to Hyperinflation!

2008-09-07 Thread Ronn! Blankenship
At 09:50 AM Tuesday 9/2/2008, John Williams wrote: Waste is not something that can be efficiently identified and reduced by politicians. Indeed even casual observation suggests that the opposite is the more common outcome. . . . ronn! :) ___

Re: Welcome to Hyperinflation!

2008-09-07 Thread Nick Arnett
On Tue, Sep 2, 2008 at 8:33 PM, John Williams [EMAIL PROTECTED]wrote: Nick Arnett [EMAIL PROTECTED] Look at what has happened in a traditionally low-risk marketplace -- real estate -- lately. Even there, investors started having crazy expectations. And yes, the market is correcting,

Re: Welcome to Hyperinflation!

2008-09-02 Thread Charlie Bell
On 02/09/2008, at 2:41 PM, John Williams wrote: My impression is that this list has an ongoing debate between religous people, with faith in their gods, and government people, with faith in their politicians. I'm neither of those. I'm not sure how long you've been lurking, but this

Re: Welcome to Hyperinflation!

2008-09-02 Thread zwilnik
Better to keep government as small as possible, not put our politicians on a pedestal, and instead rely on ourselves and competition of ideas in a marketplace to determine solutions to problems. If the gene-pool of ideas is sufficiently diverse, then natural-selection in a free-market will

Re: Welcome to Hyperinflation!

2008-09-02 Thread John Williams
Charlie Bell [EMAIL PROTECTED] Yes - regulations should be about putting a brake on waste and environmental damage, unethical practices and exploitation. I don't understand the yes, since what follows the yes does not agree with what I wrote. Waste is not something that can be efficiently

Re: Welcome to Hyperinflation!

2008-09-02 Thread John Williams
[EMAIL PROTECTED] [EMAIL PROTECTED] It is clear that climate change is not something the market can handle in any effective manner. Only government action has any possibility of tackling this problem. I do not have blind faith in government to solve difficult problems. The only way that

Re: Welcome to Hyperinflation!

2008-09-02 Thread Bruce Bostwick
On Sep 2, 2008, at 9:28 AM, [EMAIL PROTECTED] wrote: It is clear that climate change is not something the market can handle in any effective manner. Only government action has any possibility of tackling this problem. That's been well established. The government does best when it

Re: Welcome to Hyperinflation!

2008-09-02 Thread Charlie Bell
On 03/09/2008, at 12:50 AM, John Williams wrote: Charlie Bell [EMAIL PROTECTED] Yes - regulations should be about putting a brake on waste and environmental damage, unethical practices and exploitation. I don't understand the yes, since what follows the yes does not agree with what I

Re: Welcome to Hyperinflation!

2008-09-02 Thread Nick Arnett
On Mon, Sep 1, 2008 at 9:41 PM, John Williams [EMAIL PROTECTED]wrote: My impression is that this list has an ongoing debate between religous people, with faith in their gods, and government people, with faith in their politicians. Eh? Is that sarcasm? I hope. If not, then somebody has

Re: Welcome to Hyperinflation!

2008-09-02 Thread Charlie Bell
On 03/09/2008, at 6:58 AM, Nick Arnett wrote: On Mon, Sep 1, 2008 at 9:41 PM, John Williams [EMAIL PROTECTED] wrote: My impression is that this list has an ongoing debate between religous people, with faith in their gods, and government people, with faith in their politicians. Eh?

Re: Welcome to Hyperinflation!

2008-09-02 Thread John Williams
Charlie Bell [EMAIL PROTECTED] I'd say that the American free market is an illusion anyway. I'd agree that the United State's market is far from free. I did not intend to compare countries. Indeed, the more global the market, the better, as far as I am concerned. So allowing a logging

Re: Welcome to Hyperinflation!

2008-09-02 Thread John Williams
Nick Arnett [EMAIL PROTECTED] If not, then somebody has successfully re-framed our conversations in an unfortunate way. Sorry, I did not mean the groups to be mutually-exclusive or all-encompassing. Some posts seem to fit into both, some neither. But is was interesting to see how similar

Re: Welcome to Hyperinflation!

2008-09-02 Thread Kevin B. O'Brien
John Williams wrote: [EMAIL PROTECTED] [EMAIL PROTECTED] It is clear that climate change is not something the market can handle in any effective manner. Only government action has any possibility of tackling this problem. I do not have blind faith in government to solve

Re: Welcome to Hyperinflation!

2008-09-02 Thread John Williams
Kevin B. O'Brien [EMAIL PROTECTED] If the problem were not urgent, if we had the luxury of reducing CO2 emissions by 30% over the next hundred years, I would probably agree with you. Tweaking market incentives would probably be a very good way to address that sort of problem. But when

Re: Welcome to Hyperinflation!

2008-09-02 Thread Nick Arnett
On Tue, Sep 2, 2008 at 2:16 PM, John Williams [EMAIL PROTECTED]wrote: Anyway, do you think that a logging company that clear cuts its forests will be the most profitable, in the long run, in a competitive market? Well, I do... if by clear-cutting it drives the competition out of business.

Re: Welcome to Hyperinflation!

2008-09-02 Thread Nick Arnett
On Tue, Sep 2, 2008 at 2:25 PM, John Williams [EMAIL PROTECTED]wrote: Sorry, I did not mean the groups to be mutually-exclusive or all-encompassing. Some posts seem to fit into both, some neither. But is was interesting to see how similar some posts appeared as far as faith in a

Re: Welcome to Hyperinflation!

2008-09-02 Thread John Williams
Nick Arnett [EMAIL PROTECTED] For public companies, the long run is anything more than a year or two, What is it for politicians? Who cares if the company will run out of trees, as long as it isn't going to happen until long after the current senior management and board are gone? I'd peg

Re: Welcome to Hyperinflation!

2008-09-01 Thread Doug Pensinger
Ronn! wrote: The 4% inflation is unacceptable statement was the Democrat's ridicule of Ford's Whip Inflation Now! campaign and it's WIN buttons. I'm sure they picked the worst figure they could find, just as whoever from the other side who came up with the Carter said 4% inflation was

Re: Welcome to Hyperinflation!

2008-09-01 Thread John Williams
Doug Pensinger [EMAIL PROTECTED] So who can we blame for poor leadership and the complete lack of a comprehensive energy policy? The same one we blame for poor humanity leadership and complete lack of a comprehensive intelligent-design policy? Sorry for the sarcasm, but is blame so

Re: Welcome to Hyperinflation!

2008-09-01 Thread Doug Pensinger
John wrote: So who can we blame for poor leadership and the complete lack of a comprehensive energy policy? The same one we blame for poor humanity leadership and complete lack of a comprehensive intelligent-design policy? Sorry for the sarcasm, but is blame so important? Not if I'm

Re: Welcome to Hyperinflation!

2008-09-01 Thread John Williams
Doug Pensinger [EMAIL PROTECTED] What is important is that a leader take responsibility for his administration. It is important that I am able to distinguish between someone that has done a good job and someone that hasn't when I cast my vote. So in that case, yea, blame is pretty

Re: Welcome to Hyperinflation!

2008-08-31 Thread Ronn! Blankenship
At 06:17 PM Friday 8/29/2008, Doug Pensinger wrote: Ronn! wrote: Being there. A faulty memory is a poor cite. That is an obvious statement with which anyone would have to agree. ;) Not only wasn't inflation anywhere near 20% during the Carter administration, Somebody has

Welcome to Hyperinflation!

2008-08-29 Thread Alberto Monteiro
I was just checking the evolution of PPI (PPI and CPI measure inflation in the USA), and noticed that _this year_ the accumulated inflation is about 10% (!!!) Welcome to Hyperinflation. If you want any hints on how to survive and prosper under hyperinflation, just ask me. Brazil had

RE: Welcome to Hyperinflation!

2008-08-29 Thread Curtis Burisch
Zimbabwe inflation rate is around 810% **per month** ! c -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Alberto Monteiro Sent: 29 August 2008 14:31 PM To: Killer Bs (David Brin et al) Discussion Subject: Welcome to Hyperinflation! I was just checking

Re: Welcome to Hyperinflation!

2008-08-29 Thread Ronn! Blankenship
At 07:30 AM Friday 8/29/2008, Alberto Monteiro wrote: I was just checking the evolution of PPI (PPI and CPI measure inflation in the USA), and noticed that _this year_ the accumulated inflation is about 10% (!!!) Welcome to Hyperinflation. If you want any hints on how to survive and prosper under

Re: Welcome to Hyperinflation!

2008-08-29 Thread Doug Pensinger
Ronn! wrote: Or just remember the Carter administration. He Said During The Campaign That Four Percent Inflation Was Unacceptable So When He Got Into Office He Made It Twenty-Plus Percent Maru Cite? Doug ___

Re: Welcome to Hyperinflation!

2008-08-29 Thread Dave Land
On Aug 29, 2008, at 9:29 AM, Doug Pensinger wrote: Ronn! wrote: Or just remember the Carter administration. He Said During The Campaign That Four Percent Inflation Was Unacceptable So When He Got Into Office He Made It Twenty-Plus Percent Maru Cite? Might Ronn! be conflating

Re: Welcome to Hyperinflation!

2008-08-29 Thread Dave Land
On Aug 29, 2008, at 10:14 AM, Dave Land wrote: On Aug 29, 2008, at 9:29 AM, Doug Pensinger wrote: Ronn! wrote: Or just remember the Carter administration. He Said During The Campaign That Four Percent Inflation Was Unacceptable So When He Got Into Office He Made It Twenty-Plus Percent

Re: Welcome to Hyperinflation!

2008-08-29 Thread William T Goodall
On 29 Aug 2008, at 18:34, Dave Land wrote: I am having a hard time finding good numbers, but one reference on the web (http://www.let.rug.nl/usa/H/1990/ch8_p21.htm) put it above 20% in 1980. http://www.huppi.com/kangaroo/L-carterreagan.htm Second Hand Maru -- William T Goodall Mail :

RE: Welcome to Hyperinflation!

2008-08-29 Thread Dean MacLanders
I am having a hard time finding good numbers, but one reference on the web (http://www.let.rug.nl/usa/H/1990/ch8_p21.htm) put it above 20% in 1980. http://www.huppi.com/kangaroo/L-carterreagan.htm The US Bureau of Labour Statistics places CPI inflation at 13.5% in 1980.

Re: Welcome to Hyperinflation!

2008-08-29 Thread Ronn! Blankenship
At 11:29 AM Friday 8/29/2008, Doug Pensinger wrote: Ronn! wrote: Or just remember the Carter administration. He Said During The Campaign That Four Percent Inflation Was Unacceptable So When He Got Into Office He Made It Twenty-Plus Percent Maru Cite? Doug Being there. . .

Re: Welcome to Hyperinflation!

2008-08-29 Thread Doug Pensinger
Ronn! wrote: Being there. A faulty memory is a poor cite. Not only wasn't inflation anywhere near 20% during the Carter administration, it wasn't anywhere near 4% immediately prior to his election. Here's another cite to go with the ones already posted:

RE: Welcome to Hyperinflation!

2008-08-29 Thread Dan M
I'm pretty sure it never got into the 20s for any sustained period. I am having a hard time finding good numbers, but one reference on the web (http://www.let.rug.nl/usa/H/1990/ch8_p21.htm) put it above 20% in 1980. Dave Well, IIRC, the primary source for this is the Bureau of Labor