"I Told You So" - Larry Summers Gloats About Being Right On Inflation

evince said:
https://en.m.wikipedia.org/wiki/Business_cycle



Business cycle fluctuations are usually characterized by general upswings and downturns in a span of macroeconomic variables. The individual episodes of expansion/recession occur with changing duration and intensity over time. Typically their periodicity has a wide range from around 2 to 10 years (the technical phrase "stochastic cycle" is often used in statistics to describe this kind of process.) Such flexible knowledge about the frequency of business cycles can actually be included in their mathematical study, using a Bayesian statistical paradigm.[2]
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You are calling the inflation due to a business cycle?

For fuck's sakes bitch...think?

The left is calling the inflation rise to do with supply problems resulting from the Covid Depression/recovery.
And that is NOT cyclical.

The right/center are calling the inflation due to excessive government/Fed spending.
Again...NOT cyclical.

So explain to us all, cow?
How the fuck this inflation - which BOTH sides are saying is NOTHING to do with a cyclical economy.
Is caused by a cyclical economy (your business cycle fluctuations)?

DUH!!!
 
McRocket said:
And it's even funnier when macroeconomic ignoramuses like you.
Have nothing but ad hominem trolling to cover up the fact they have not a fucking clue how macroeconomics works.

Okay troll?
Show us all a link that proves I and the Fed and Larry Summers are wrong about this?

I GUARANTEE that you cannot.

I have seen your posts on this.
You are clueless...like most idiots who watch CNBC a couple times a week and think they 'know it'.
You are a macroeconomic child.
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I gather you do not make note of who I am responding to

quote_icon.png
Originally Posted by evince
 
McRocket said:
Fine...where is your link from people of equal stature in economics to Larry Summers and the Fed - that say the OP is wrong?
I guarantee that you cannot provide one.
Which means your ad hominem is nothing but trolling.

Or did you just make all that nonsense up?
Or read it in a 'self-help' novel?
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Read the thread
 
What's going to make this round of inflation worse is that the government won't be raising the prime interest rate, because if they do the interest on the national debt will cripple the economy further. Last time inflation was bad (Carter), at least the interest on savings and such climbed with it. This gave people a reasonable chance to keep up if they had a bit of extra money.
This time, unless you have access to tangible wealth (like gold or silver), or can get into investments like real estate or stocks, you are screwed. You have no real means of keeping up with inflation as you paycheck won't.
 
katzgar said:
you posted a stupid article, that makes you a moron
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It's better than anything you've ever posted, you inbred, drug-addled waste of flesh!

McRocket is an equal-opportunity offender, I admire that in a fella. :D

He don't give a fuck! I have no doubt he'll offend me at some point. It's all part of the game. :)
 
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Matt Dillon said:
It's better than anything you've ever posted, you inbred, drug-addled waste of flesh!

McRocket is an equal-opportunity offender, I admire that in a fella. :D

He don't give a fuck! I have no doubt he'll offend me at some point. It's all part of the game. :)
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just stop, you arent capable of understanding what I post
 
Althea said:
Bye.

I win

Again
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You 'win' by posting ad hominem's and not one shred of evidence to backup whatever the heck your point was?
Except one 'pic' of some theory from no author and zero data to back it up.

So I guess, to you?
Whomever trolls the most - wins.
Understood.

Bye now.
 
McRocket said:
You 'win' by posting ad hominem's and not one shred of evidence to backup whatever the heck your point was?
Except one 'pic' of some theory from no author and zero data to back it up.

So I guess, to you?
Whomever trolls the most - wins.
Understood.

Bye now.
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Read the thread. And pay attention this time.

I win.


Again
 
Althea said:
Read the thread. And pay attention this time.

I win.


Again
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I did.

You 'win' by posting ad hominem's and not one shred of evidence to backup whatever the heck your point was?
Except one 'pic' of some theory from no author and zero data to back it up.

So I guess, to you?
Whomever trolls the most - wins.
Understood.

Bye now...troll.
 
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