Economic time moves more slowly than you appreciate.

Author: Curly1918 (17650 Posts - Joined: Aug 30, 2017)

Posted at 3:36 pm on Aug 16, 2022

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The crazy inflation of the 1970's was caused by LBJ's Great Society/Viet Nam spending in the 1960s.

The stock market has its own agenda and can adjust to inflation but the average Joe cannot.

Runaway government spending has always caused higher inflation throughout history.

Replies to: “Economic time moves more slowly than you appreciate.”

WT Crude dropped below $89; PB, do you think it's time to close out the short I put in place... - LanceHarbor - 2:19am 8/16/22 (24) [View All]
- Go ahead. We all know oil is stable. In fact I would double my short positions. [NT] - PBHangingChad - 2:21am 8/17/22
- 🛢🇺🇸 [NT] - PBHangingChad - 2:20am 8/17/22
- Patience grasshopper.Biden is rapidly depleting our reserve and the Chnese economy will rebound soon [NT] [LINK] - Curly1918 - 10:10am 8/16/22
  - Hyperinflation! - LanceHarbor - 12:51pm 8/16/22
    - Economic time moves more slowly than you appreciate. - Curly1918 - 3:36pm 8/16/22
      - Again, higher inflation, even high inflation, is not “hyper.” - LanceHarbor - 5:06pm 8/16/22
      - Hyperinflation is like "Beetlejuice". If Lance utters it...one...more...time... [NT] - TakethetrainKnute - 3:39pm 8/16/22
- I don't know how you do it. Is there anything at which you are not a spectacular success? - MAS - 4:45am 8/16/22
  - Beef Wellington. - LanceHarbor - 11:55am 8/16/22
    - You wagered on the Wisconsin primary? - MAS - 1:15pm 8/16/22
      - Keep up, pumpkin. - LanceHarbor - 1:33pm 8/16/22
        
        You've actually wagered money on political races? [NT] - MAS - 6:45pm 8/16/22
        
        You have a horrible memory. - LanceHarbor - 8:27pm 8/16/22
        
        I remember it well. You previously implied that I took the wager. I don't bet on anything. - MAS - 8:42pm 8/16/22
        
        You’re losing a step in your old age. - LanceHarbor - 8:47pm 8/16/22
        
        "Ridiculous." Biden "won" by 0.63% in the state. - MAS - 11:10pm 8/16/22
        
        Hey now, I thought pumpkin was my name? I’m hurt. [NT] - TampaIrish - 2:06pm 8/16/22
    - That’s tough as a cook. - BaronVonZemo - 12:34pm 8/16/22
    - I make a great Beef Wellington. - TakethetrainKnute - 12:02pm 8/16/22
  - Well he is a legend in his own mind. [NT] - notredame678 - 10:58am 8/16/22
- Blame scum Republicans for high gas prices and inflation. [NT] - NocalIrish - 4:14am 8/16/22
  - I'm so glad we got the Republicans are scum post out of the way so early in the day. [NT] - IrishMac - 2:09pm 8/16/22
  - God: “Thank Joe Biden and the Democrats.” [NT] - TakethetrainKnute - 5:40am 8/16/22
- Bravo! [NT] - conorlarkin - 3:45am 8/16/22

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