Recent Content by Rickb

  1. Sorry, Jim Rogers, You Were Wrong About Inflation

    Inflation is allways a net expansion in the money supply (money and credit). That's all. Prices can skyrocket, or plummet for other reasons...
    Post by: Rickb, Jun 19, 2009 in forum: Economics

  2. Bet on Inflation?

    Question. Do you think Paulson chose 700b number at random? Any comment on Obama's 1 trillion number? I wonder what the magic number will...
    Post by: Rickb, Jan 4, 2009 in forum: Economics

  3. Bet on Inflation?

    Bailouts and printing of money is not causing inflation to occur (yet at least) because that is only one factor. Debt is what you are missing....
    Post by: Rickb, Jan 3, 2009 in forum: Economics

  4. Where does destroyed wealth go?

    --------------------- I didn't really leave it out. I just don't think it's a primary problem. Like saying Tom Brady can't play football...
    Post by: Rickb, Dec 16, 2008 in forum: Economics

  5. Where does destroyed wealth go?

    You example would be correct if the supply of money is a constant. THen if some one losses, someone else gain equally. And you would be right,...
    Post by: Rickb, Dec 16, 2008 in forum: Economics

  6. Where does destroyed wealth go?

    ============================== Respectfully, I don't think it is a red herring. Valuations are comprised of two factors 1)supply and demand...
    Post by: Rickb, Dec 16, 2008 in forum: Economics

  7. Where does destroyed wealth go?

    ===================== It is 9x deposits. PLUS! If you watch all the videos, you'll see that the money mutiplied out by bank one, gets put...
    Post by: Rickb, Dec 16, 2008 in forum: Economics

  8. Where does destroyed wealth go?

    ============================= Banks lend way more than they have on deposit / actual assets. If a bank has $1 million on its books, they...
    Post by: Rickb, Dec 16, 2008 in forum: Economics

  9. Hyperinflation

    While in theroy the goverment has unlimited ability to print, they are in fact now constrained by two factors 1)foreign governments, and the big...
    Post by: Rickb, Nov 15, 2008 in forum: Economics

  10. Hyperinflation

    What I meant was increasing value of currency (strong dollar) makes debt more difficult to pay (value of debt increases in deflation - debt...
    Post by: Rickb, Nov 14, 2008 in forum: Economics

  11. Hyperinflation

    Everyone everyone assumes that we "Have" to hyperinflate our way out. We may want to consider that a second, more expedient way might be...
    Post by: Rickb, Nov 14, 2008 in forum: Economics

  12. Where does destroyed wealth go?

    scriabinop23 has it exactly right. Simply, money= credit. (not actually that simple but...) Credit was created out of nothing by banks to lend...
    Post by: Rickb, Nov 14, 2008 in forum: Economics

  13. If The U.S. Is Printing Massive Amounts of Money...

    Agree, deflation is the battle. Private credit defaults (contraction) overcoming goverment monetary stimulus. Fractional reserve banking is...
    Post by: Rickb, Oct 23, 2008 in forum: Chit Chat

  14. Executive Order 6102

    I agree with Sumosam. Note Gold was confiscated in 1933, not 1929.
    Post by: Rickb, Sep 28, 2008 in forum: Economics

  15. Inflation may pisk up with so much money around

    No inflation, deflation Paulson is injecting money, but it is not making up for credit defaults. You have to look at net of injects and defaults.
    Post by: Rickb, Sep 28, 2008 in forum: Trading