About iwog

iwog


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386 threads
20,383 comments
47 male
Lafayette, CA
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In United States
Registered Nov 10, 2007

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iwog's most recent comments:

  • On 24 Oct 2014 in It's not the fed, iwog said:

    debyne says

    iwog says

    Exactly.

    iWog - what ideas or facts caused you to change from being an inflationist?

    "Printing" kept on going up while inflation and interest rates kept going in the opposite direction. I used to make excuses for why Japan printed so much yet experienced deflation. Now I understand the mechanism better.

  • On 24 Oct 2014 in Middle Class Wealth Gone!, iwog said:

    debyne says

    I agree with your statement, but wouldn't the proportion of debt usage be much higher for the wealthy than the poor? That seems like it would exacerbate the disparity.

    Possibly, but we're not talking about debt in the hands of the rich. We're talking about debt held by the government and paid heavily as entitlements to poor people.

  • On 24 Oct 2014 in It's not the fed, iwog said:

    Mark D says

    iwog says

    NONE of the predictions made by the fed cult have come true. Effects like runaway mortgage rates, real estate and stock market crashes, and various other doomsday predictions have absolutely failed to materialize.

    i'm still waiting for hyper inflation.

    Exactly.

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