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  • On 12 Sep 2014 in The inflation cult, dublin hillz said:

    Falling prices are good for customer. Rising prices are never good for customers. Inflation in prices (particularly in home prices) helps those who borrowed to pay off the principal. Deflation helps savers and hurts debtors. The fact that deflation is so feared and at times results in job losses is not because of fallilng prices per se but because it reflects a larger theme that too many people and companies are leveraged. Take away the debt problem and there's no reason to fear deflation.

  • On 12 Sep 2014 in The CRA Didn't Land Apollo 11 on the Moon!, dublin hillz said:

    The fact that america needs to rely on rising home prices to result in helocs/home equity loans to generate fake demand so that if prices fall the so called deflation (aka debtor nightmare) will lead to "job losses" is the termite that will at some point devour america.

  • On 5 Sep 2014 in Stop predicting the dollar will collapse, dublin hillz said:

    tatupu70 says

    dublin hillz says



    With deflation even if you don't get a raise, you come out ahead. With inflation if you don't get a raise you are falling behind. And the raise has to be large enough to take marginal tax rates as well as payroll taxes into account.


    I'll ask you the same question I asked Mell--do you think real (inflation adjusted) wages perform better under deflation than under inflation??

    If they keep their jobs, deflation is definitely easier to overcome especially if one is a renter. However, yes I agree that unemployment is likely to go up especially if one works for high beta companies or small businesses. With consumer staples unemployment due to deflation is not much of a concern though.

  • On 5 Sep 2014 in Stop predicting the dollar will collapse, dublin hillz said:

    iwog says

    Hourly employees do not pay marginal tax rates.

    Sure they do, they have to pay the 25%/28%/33% on each extra dollar earned etc to the federal govt depending on their income. State has their own brackets to deal with.

  • On 5 Sep 2014 in Stop predicting the dollar will collapse, dublin hillz said:

    With deflation even if you don't get a raise, you come out ahead. With inflation if you don't get a raise you are falling behind. And the raise has to be large enough to take marginal tax rates as well as payroll taxes into account.

  • On 5 Sep 2014 in The True Cause of Poverty, dublin hillz said:

    Capital and labor need each other in order to bring supply and demand sides into harmony. The most efficient way to achieve this is via unionization to even out the bargaining capabilities of both sides.

    As far as major isms are concerned, capitalism outperformed communism and theocracies as far as standard of living for average people is concerned so despite its shortcomings, I would pick this system over others in a heartbeat.

    Depending on the field that one works in, yes in some of them it is definitely an advantage to be a ruthless individual.

  • On 5 Sep 2014 in 49ers game for four = $641, dublin hillz said:

    People are masochists to pay this much to go to the game and then trying to exit the parking lot for 2 hours.

  • On 5 Sep 2014 in ISIS has Vindicated Bush and validated all of his claims, dublin hillz said:

    The thing about middle east is that allies can become foes and vice versa in a blink of an eye. Today's ally is 2morrow's jihadi.

  • On 5 Sep 2014 in ISIS has Vindicated Bush and validated all of his claims, dublin hillz said:

    Cartels are good at beheading too. Who would win in a hypothetical matchup of sinaloa vs isis?

  • On 5 Sep 2014 in San Francisco ranked snobbiest city in the US, dublin hillz said:

    Ceffer says

    narrowing nostrils, as if the foul stench

    That may be an evolved involuntary reflex that has developed from walking on market st.

  • On 5 Sep 2014 in Stop predicting the dollar will collapse, dublin hillz said:

    HydroCabron says

    deflation and austerity is good

    Deflation is not necessarily bad. Some of us may not be homeowners right now were it not for "deflation" that occured in 2008.

  • On 5 Sep 2014 in Stop predicting the dollar will collapse, dublin hillz said:

    Americans don't save much, I don't think they will defer purchases in case of deflation. Besides with limited human lifespan it does not make sense to do that. For instance, if you estimate that 1 year represents 2.5% of your remaining life why the heck would someone defer purchases to make up for time lost unless we are talking about extraordinary price declines? The only place it might make sense to do this is real estate.

  • On 4 Sep 2014 in RIP Joan Rivers, dublin hillz said:

    Maybe she was assasinated cause she ran her mouth off with her gringa ass?

  • On 4 Sep 2014 in Should stated-income loans return in order to boost sales?, dublin hillz said:

    turtledove says

    I think if they wanted to boost sales, they'd offer zero down with full roll-in
    of closing costs

    That will unnecesarily punish the savers who have sacrificed to save for the downpayment via price increases due to demand from the hedonists. I don't think that's the message that society out to send or reinforce.

  • On 4 Sep 2014 in 30 Million Americans On Antidepressants And 21 Other Facts About Americas Endle, dublin hillz said:

    The reason that americans are always unhappy is that they play variations of keeping up with joneses in their heads and moreover they overload their schedules with professional and personal committments that are often booked months in advance. Many people have every minute of their day planned out including taking kids to various activities. That does not lend itself to spontaneity and is a conduit to experiencing completely unnecessary levels of stress. Then, the antidepressant savior shows up.

  • On 4 Sep 2014 in ISIS beheads another American jounalist., dublin hillz said:

    It is critical to 25 to life violent criminals. The experience in cuidad juarez across the border shows what happens when you have corrupt and incompetent government. Less than 3% of the murders are even persecuted much less result in conviction. The result is close to 10 murders per day at the peak of drug war (by comparison the dangerous oakland average roughly 1 murder every 3 days). Consequently the narcos feel like they can get away with murder with impunity and murder as well as racketeering/extortion of businesses rule the land.

  • On 4 Sep 2014 in Stop predicting the dollar will collapse, dublin hillz said:

    Some investors got burned so bad in 2000 and 2008 implosions that they are never going back into the stock market. The old greed play where they all of a sudden jump in after seeing DOW at record high and go all in is simply not going to work because they are scarred for life after what happened before. They are likely to demand bonds of various risk profiles until interest rates rise significantly.

  • On 4 Sep 2014 in Stop predicting the dollar will collapse, dublin hillz said:

    U.S debt is fully backed by the ability of U.S govt to tax its citizens. U.S. also tends to have more stability so worldwide investors don't have to worry about "shocks" such as nationalization of industries and political upheaval that are a matter of concern to many in emerging market bonds. This leads to U.S debt being perceived as "safe haven" and as a result there's a lot of demand for it which allows the U.S to pay much lower interest rates than emerging market countries have to pay.

  • On 4 Sep 2014 in Robert Reich: "College is ludicrous waste of money", dublin hillz said:

    I've been hearing from the early 90s the idea that majoring in humanities will lead to bad life outcomes from financial standpoint and underemployment. And that's before the post year 2000 malaise that the economy has been in. Since in finance/real estate the market eventually corrects, why has there not been a "correction" in terms of demand for and price of humanities degrees? If anything they just rise in tandem with "useful" majors.

  • On 4 Sep 2014 in Huff and Puff Post Reports "Time for Brand New Site for Israel", dublin hillz said:

    Israeli jews as well as ashkenazis from the soviet block would/do vote rep. They are very different from mainstream american jews.

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