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> ducktales inflation lesson
Seeker
post Oct 4 2008, 11:44 PM
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http://www.youtube.com/watch?v=t_LWQQrpSc4

posted in npr because it's somewhat political related with all the economic issues lately
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nickluto
post Oct 5 2008, 12:33 AM
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Uh yeah. It isn't really a secret that printing money increases inflation...

See the hyperinflation in Germany after world war 1 & 2.

That's not really relevant to what's happening now though...

but that's cute that you thought it was !


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Seeker
post Oct 5 2008, 01:06 AM
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the fed has been injecting billions of dollars into the banking system over the last few weeks, so uh... yeah it certainly is relevant, are you really that stupid?
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Dogmeat
post Oct 5 2008, 09:00 AM
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Amazing, childrens cartoons have it figuerd out but t he government doesnt.

why am I not surprised


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nickluto
post Oct 5 2008, 11:08 AM
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QUOTE (Watchman @ Oct 5 2008, 02:06 AM) *
the fed has been injecting billions of dollars into the banking system over the last few weeks, so uh... yeah it certainly is relevant, are you really that stupid?


So they just printed out a bunch of duffel bags of money, loaded it up into an armored car, and drove it over to them?


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jonathan83
post Oct 5 2008, 11:09 AM
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theyre injecting the money into the banks yeah, but i dont remember reading that they were actually creating more money like the ducktails episode is talking about.


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RitalinJunkie
post Oct 5 2008, 11:43 AM
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QUOTE (jonathan83 @ Oct 5 2008, 12:09 PM) *
theyre injecting the money into the banks yeah, but i dont remember reading that they were actually creating more money like the ducktails episode is talking about.

its money that the gov is giving to them "in good faith and credit" that will come out of our pockets...

I believe that this is a good example of what a free market IS NOT! (ie survival of the fittest)

basically we got fucked cause some CEOs couldn't do their job....yet are being rewarded.


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Seeker
post Oct 5 2008, 12:03 PM
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QUOTE (nickluto @ Oct 5 2008, 12:08 PM) *
So they just printed out a bunch of duffel bags of money, loaded it up into an armored car, and drove it over to them?


pretty much, but most of those dollars are electronic, you don't know how the fed works?
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nickluto
post Oct 5 2008, 12:06 PM
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QUOTE (Watchman @ Oct 5 2008, 01:03 PM) *
pretty much, but most of those dollars are electronic, you don't know how the fed works?



Actually, I do.

I got my B.S in Economics.


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