Fucking Obama money. Give me back my country!
Someone find the other chart showing the INSANE amount of money put into circulation this year alone.
I know I posted it somewhere.
Depending on how these last 3 months go, 2009 could actually be the first year since 1955 when your dollar is worth more on average than the previous year. Weird huh?
Fuck that chart. You can’t draw conclusions from theory. This thread is about observed data.
Wait till next year when you can correlate that chart to a huge jump in inflation, then you can rub my nose in it. But until then all aboard the socialist train! Woo Woo!
Speaking of inflation type stuff why is natural gas all of a sudden getting cheaper(25%)? I smell a rat unless someone can rationally explain the reason to me. lol
Source?
snopes.com lol j/k Google it there are 9999999999999 articles about it.
I guess all of those stupid factories are shut down so demand is falling. Thank God! Right?
EXCEL.EXE
I heard something about that. I’ll take it, but I don’t trust it. Probably some sort of speculative anti-bubble? (What’s an anti-bubble?)
ftp://ftp.bls.gov/pub/special.requests/cpi/cpiai.txt
I threw the data into excel, deleted everything but the monthly data, calculated an annual average (out of just 9 months for 2009), and plotted it. Then for year over year change I just subtracted the previous year’s average from current year’s average, then plotted.
Just plain old data for us engineerds to look at. No partisan spin.
FYI 1971 was the year Nixon completely axed the gold standard. Looks like that worked out really well.
Interesting. There are sooooo many factors that come into play but it’s cool to see the trends. Looks like the 60’s was the time to be.
Was there a housing crisis in the 80’s as well? I know that there had been a similar gas crisis. (I don’t really like using the word crisis, but for the sake of recognition…)
Gas crisis was the late 1970’s I think (It was befor my time. Hell, even AWdrifter was still peddling a big wheel then I’d bet). Savings & Loan crisis was the late 1980’s. Last year was kind of a fundamental redo of the S&L crisis the way I see it.
But like you said, there are so many factors at play you can’t really use it as proof of anything. Just interesting to see how we fuck ourselves.
That makes sense when looking at the second graph. If the gas crisis is the main contributor, it sure does a number on us. And yet, we still live by the same bullshit regulations and let speculators run the train on us.
In my eyes this can be good for me.
As a recent home buyer, if inflation goes up and I equally gain steady raises to counter this said inflation, the true amount of money in loans I owe is lessened. Am I wrong? Unless it is totally impractical inflation everything will adjust. A dollar double will turn into a 1.50 double, my pay will increase as we will have to increase the cost of our products to encapsulate the dollar being worth less.
Now is the time to get a loan people!! 
Time value of money. Now is no more a time to get a loan than any other… inflation isn’t something that just showed up this year.
When you get those raises, you will start to realize that you can afford a bigger and better home. This will more than likely prompt to you to purchase a new home, presumably at the inflated cost.
Nobody barters anymore
Is that chart in a absolute terms - if so - that’s a strange way of looking at it - percentage is better.
Edit: Attachment
As long as the US has foreign backers inflation should be fairly irrelevant in the big picture. Wages can rise in correlation to cost of living essentially.
And like Boardjnky said…the expectation is the money pool will be cycled. Growth is meant to be cyclical and if you make more you spend more in theory.
Savings and spending at stationary levels effect things quite a bit. That’s why they felt so compelled to run the Bailouts I’m sure. Lending sleeps for no man. LOL
Good point. :tup: Perhaps ditching the gold standard stabilized our money supply?