Thank You Ben Bernanke! Liquidity Trap Anyone?

Not to get super off topic… but why do they have to come in and pull their thirteen year old nonsense into every thread related to politics?

It’s so embarassing for all parties involved to have you two bickering about an otherwise meaningful topic.

What?

I tried to be vague to not offend, but blue eyed devil and carnut always ruin solid threads with their ramblings.

thumbs up for more cougarspeed fry and joestypes

thumbs down for more omgthegubbermentistryingtoeatus

noob, shut the fuck up and show some fucking respect.

I try to stay out of these threads for the most part. But they are relevant opinions. Besides dont have the will power to type up all of the pertaining economic logic behind my stances usually and dont like to just put things out there. I will just stay quiet and buy more cool stuff. :nerd:

I will say though after today these guys are spot on with the shit hitting the fan IMO

It’s out of my element to talk about the economy from anything but an average consumer’s aspect, but anyone older than sixteen can tell this isn’t a ploy by the government to make the Federal Reserve “profit.” It’s just a lot of bad decisions, followed by a knee-jerk reaction that was maybe too late.

I suppose it’s a lot less unnerving to think our government is all knowing and everything that’s happening is a secret plan. And a lot of people are getting rich off the situation. But that doesn’t mean they planned it or even condone it.

you started off by admitting its out of your element to talk about the economy so the rest of your post should not be taken seriously. I know this site is far from a debate website but for you to just make claims without backing them up means you shouldnt be posting in this thread. its kind of an unwritten rule that if you post in any political or econimic thread you should be able to back up your claims with something. your just throwing personal opinions at us and noones is going to take u seriously.

I like how I get attacked for my personal opinion like “the government ISN’T trying to get you” and blueeyeddevil/carnut don’t get attacked for opinions like: the government is doing this on purpose to get you.

Financial success:
http://www.ieconsulting.biz/index.aspx?urlname=coaching-for-financial-success-in-a-recession
personal backup: I purchased a car worth $12,000 for $9500 because the dealership was struggling.

The government making stupid economic decisions:
http://www.georgestreetobserver.com/opinion/bush_admits_mistakes

The Federal Reserve fighting the recession (aka, they’re not profiting from it):

Cite your sources blueeyeddevil and carnut. And “being older than you” is not a reliable source.

u put a link up to a financial coach website, bush admitting hes stupid, and a site with a single quote by warren buffet that proves nothing? dude i rly dont feel like ripping out some cited information kuz its late and im tired but u started off real bad with those 3 links.

o ya by the way, carnut has a lot research and cited information he could give to u too he just doesnt like wasting his time unless he really has to.

You’re truly smart, huh?

:mamoru:

Its all opinion for now anyhow and nobody is more right then anyone else IMO. Only time is going to tell the tale of our current situation.

i dont know why its so funny he has posted up links and information which has taken a lot of reading to get through. And yes everyone has their sources and their opinions im just trying to prove to him that carnut isnt just saying things without sources to back up his claims can we at least agree on that.

so far it seems im smarter than you at least, rather or not thats saying much im not sure

Sure thing! I agree that if you look har enough I can find sources for all types of wacky shit. But there is no need to belittle anyones opinion. its a car forum with some off topic rants about econ, gov, etc. None of us are professionals and the ones on here that are the closest usually dont even comment.

I must see credible sources for this statement.

well if all of these things werent happening i wouldnt continue to be interested in these theories, but many people who have died and been jailed for what theyve predicted years ago that would happen today, have turned out to be right, and one thing after another keeps happening the way it is suppposed to. so until that stops i dont consider these theories “wacky”

I guess i could send you research papers ive written, i am going to school for theological research so i guess those could hold some validity?

But how are we sure you are smarter then him? I need you and him to submit all work done to me and I will have one of my employees read through all of it and decide a conclusion. Also official transcripts and standardized test scores.

wait does what you do for a living entail that youre employees read other peoples work for editing purpose, or would u just have them do it kuz ur in charge of them? Also yes touche you are right there would need to be a formal debate, im forming an early opinion based on information he gave to back up some of his claims, hence the reason i said it SEEMS that im smarter than him.

My employees are all my bitches and I would make them do this for lulz. i was just proving a point.

But i am sticking with my opinion.
Todays rate cut was a strong sign of weakness. The move could work or help possibly. Upon recovery we are going too see inflation but this is expected and it wont be as bad as people think it will be because the USD can only remain so weak with the power of our economy and if we see hyperinflation it will just result in a hyperbubble. This outcome I do find viable as well but given time it will become stable. I do not theorize about all mighty creatures of the night pulling magical puppet strings to make these events happen. Although I do believe there are plenty of people that recieve priveledged information. Hell i have even gotten a few good leaks before so I am sure people in the right places are making a mint.

And thats all I have to say about that.