Christopher Hossli

The Perfect Inflationary Storm

People, People, it's called Stagflation, it'll be the late 70's all over again and hopefully the pres. will appoint Volcker chairman of the fed again so he can rescue us.

Democrats Headed for a Train Wreck

I said from the moment that Obama was elected that it was Jimmy Carter getting elected all over again. With all this money being printed we are going to have double-digit inflation just like in the 1970's and early 1980's. It is my prediction that we will have another Reagan (Ron Paul) elected in 2012 and another Volcker (if not Volcker himself) to tame this hyperinflation all over again. "One man with a printing press can destroy a nation faster then 1000 savage armies."

Why It's Time for a More Progressive Income Tax

Their is no such thing as personal responsability in the this country anymore. We don't work for ourselves. The rich work for the poor. The government takes from Peter to pay Paul. WE NEED TO ABOLISH THE INCOME TAX ALTOGETHER.

Less Government or Lower Wages? You Choose

SCHIFF FOR SENATE!!!!!!!!!!!!!!!!...

Why It's Time for a More Progressive Income Tax

I'm a finance major in college. I work part time and I'm in the 15% income bracket. My goal is too start my own bank/forex firm. I plan on becoming disgustingly wealthy. So if I go out and work my ass off and become "rich" why should others benefit at my expense.

The Fed Should Keep Up with Its Expansionary Policy

Serious question: What "tools" (other than Paul Volcker) does the Fed have, should the economy enter another period of stagflation like the early 80's?

The Fed Should Keep Up with Its Expansionary Policy

Did printing money work for Zimbabwe? No considering that I have a 1,000,000,000,000 dollar bill from Zimbabwe in my wallet and it's worth about 32 U.S. cents. Zimbabwe has also stopped accepting bills like mine, they only transact in U.S. dollars. STOP THE PRESSES NOW, or mark my words if we don't see hyperinflation we will see double-digit inflation. "Let's party like it's 1979."

Should Bernanke Be Reappointed? Professional Investors Think So

I think Bernanke has done a good job thus far. My only concern is that (for whatever reason) he will make the same mistake that Greenspan did in 2003, and wait too long too raise rates and thereby cause another asset bubble and we'll all be back here in 5 to 8 years.

(Disclaimer: I am no fan of the FED at all.)

Barry Eichengreen Is Wrong: We Need to Pass a Bigger Stimulus

WOW, SO MANY COMPLAINTS, a) The first stimulus didn't work and neither will a second one. b) If government spending (keynesianism) actually worked the Soviet Union would still be around. c) the government has no right to "soak" the most productive of our society (the rich) just to benefit the poor. If I'm a millionaire living in FL ( i'm not, I'm a Finance major/economics minor who makes a whopping 16,000 a year. haha) why should I have to pay to build a bridge or re-surface a road in California (which should not be bailed out by the way). Everyone think that the gov. needs to stimulate the economy and this and that, ok fine, well theres two ways it can stimulate, deficit financing or tax increases, well we are already $50,000,000,000,000 in debt so deficit financing is out, so let just increase taxes on the "rich", well what people forget is that for every dollar the gov. taxes from people that is one less dollar that the can be spent in the economy. ''Well Chris the government know how to spend the money to get our economy booming again.'' THE NEW DEAL DIDN'T WORK AND WW II DIDN'T GET US OUT OF THE DEPRESSION. The only thing that gets an economy out of a recession/depression is by companies and indiividuales clearing the malinvestment from their balance sheets and gov. intervention only delays that process.

Bernanke's Exit Strategy: Be Careful of Inflation Complacency

Google ''moral hazard", then google ''inflation'' and see how ''good'' inflation is. Yes inflation makes it easier for the gov. to pay off debt, but the blowback is that it forces prices ever higher on the working people. I refuse to pay ever higher prices just because Washington doesn't want to cut spending.


On Jul 23 02:43 PM stocknerd wrote:

> Inflation is still NOT a concern and WILL NOT be a concern UNTIL
> we have a solid recovery. Not anywhere whatsoever on the horizon.
> Nada. Nunca. Nope. ON the one hand we have old dead white conservative
> guys saying the recovery won't happen and we slide into the dark
> abyss; the way-ahead-of-everyone says look out for inflation.Trust
> uncle Ben to pull the trigger sooner than later and ease any reun
> away inflation. Actually a little inflation is good to pay off old
> debt with easy money. Sure help the housing market with all that
> crappy 2006 debt.

Bernanke's Exit Strategy: Be Careful of Inflation Complacency

The printing press is the most devastating weapon of mass destruction.


On Jul 23 01:10 PM _richard_ wrote:

> Long term, TIPs are a good place to be.
>
> But I ask again: where is this increased spending going to come from
> if typical Americans have been funding past spending by borrowning
> against their home? The easy credit and high housing prices are no
> more, nor are jobs readily available. If inflation is on the horizon,
> what is the source of that increased spending?

Bernanke's Exit Strategy: Be Careful of Inflation Complacency

Brenanke will end up making the same mistake that Greenspan did in 2001-02, he will be afraid to raise rates till he is sure the economy is ok but in the process kill it again in the form of an interest rate shock. Humphrey-Hawkins Full Employment Act should be repealed and the Fed should go back to simply price stability because price stability means a stable and consistent value of "money". On the other hand full employment requires a large percentage of growth and the only way to grow an economy is to spend money and with a fixed supply of money the economy can only grow by so much so the Fed is forced to choose the lesser of two evils a.k.a. the politically popular thing to do which is print, print, print. The unfortunate thing about printing money out of thin air is it devalues the currency so we end up paying ever higher prices. I would rather have 4% or 5% unemployment then ever increasing prices. Let the market work out the unemployment problem.

Ron Paul on the Economy

RON PAUL FOR PRES, PAT BUCHANAN FOR VICE PRES, AND TOM TANCREDO FOR SEC. OF HOMELAND SECURITY.

Bernanke Is a Man with a Plan

Wow this guy is more pro-FED then CNBC.

Bonds Signal Fed Should Start Raising Rates Soon

I do not envy Bed Bernanke at all, he's stuck between a rock and a hard place. If he raises rate too early, bye bye economic recovery, if he raises rates too late it'll be 1979-80 all over again but I guess this is what you get when you think you can micromanage the market.