patrick.net

deepcgi says

The interest on all of the debt must be dealt with

The endgame is MMT.

So yeah, buy land.

You mutts need to get your story straight.

Japan is on QE 27 as well

"QE is supposed to create inflation"

I dissagree. It doesn't affect the degree to which money is lent out for normal business ventures. Especially at such low rates. Maybe it could be seen as warding off deflation.

Negative interest rates aren't really an option, so they try to do what they can. . .

marcus says

Negative interest rates aren't really an option, so they try to do what they can. . .

Yes they are...

Inflation by definition is an increase in the money supply.

Price increase is a manifestation of inflation. Inflation has manifested itself in housing and the stock market and art

indigenous says

What exactly do you think this graph is saying? Prices of some things rise faster than others--that's certainly earth shattering.

indigenous says

Yes they are...

Inflation by definition is an increase in the money supply.

Price increase is a manifestation of inflation. Inflation has manifested itself in housing and the stock market and art

Inequality has manifested itself in those assets that the 1% buys.

That there has been inflation especially in tuition,medical care, and energy.

tatupu70 says

Inequality has manifested itself in those assets that the 1% buys.

Wrong, those are the areas that government meddling has removed price discovery from the market.

QE is the practice of the Art at saying "Inflation be damned, there is no Inflation!".

How can you ask such a rhetorical question.

indigenous says

Wrong, those are the areas that government meddling has removed price discovery from the market.

Government meddling has removed price discovery of art?

tatupu70 says

Government meddling has removed price discovery of art?

That's right

Call it Crazy says

Where would the population be if vaccines, antibiotics, chemotherapy, antivirals, cardiovascular, and a whole slew of other developed drugs if the pharmas weren't able to recoup their costs of development/research and were forced to sell at the prices you wish?

Big Pharma made $84 billion last year in PROFITS. Maybe, just maybe, they would be OK even without protection?

http://thinkprogress.org/health/2013/04/08/1835991/big-pharma-billion-profits/

Call it Crazy says

Where would the population be if vaccines, antibiotics, chemotherapy, antivirals, cardiovascular, and a whole slew of other developed drugs if the pharmas weren't able to recoup their costs of development/research and were forced to sell at the prices you wish?

Hey crap shack Einstein asswipe.... .... .... ... . . . .. .. .. .. . . . . . .... . . . . . . . ............ ..... ..... ... . . . .. .. .. .. ... . . . . . . . Crap shack much???? Delusional!!! Ha Ha Ha!! Ha Ha Ha Ha Ha!!!!

:

Most medical breakthroughs, including new drug development, comes from the public sector:

Virtually all the basic science that enables modern medicine to move forward takes place in the non-profit sector, at universities, research institutes, and government laboratories. A US Congress report from 2000 noted that, ‘Of the 21 most important drugs introduced between 1965 and 1992, 15 were developed using knowledge and techniques from federally funded research.’ Other studies have found the same, e.g. at least 80% of 35 major drugs were based on scientific discoveries made by public-sector research institutions. The National Cancer Institute played the lead role in the development of 50 of 58 new cancer drugs approved by the FDA between 1955 and 2001.

... . . . . ...... ............. ................................... . .. . .......... . ............ . . ...............

Three of the most important discoveries in the 20th century – penicillin, insulin and the polio vaccine – all came from publicly funded laboratories. The NIH conducted an investigation on the five top-selling drugs in 1995, Zantac (ranitidine, for ulcers), Zovirax (acyclovir, for herpes), Capoten (captopril, for high blood pressure), Vasotec (enalapril, for high blood pressure) and Prozac (fluoxetine, for depression), and found that 16 of the key 17 scientific papers leading to the discovery and development of these drugs came from outside the industry.

The picture is very consistent. The first breakthrough in AIDS also came from public research and the US government spent double as much on research as all the drug companies taken together. The typical story is that drug companies invest relatively little in the real breakthroughs, but when they take over from publicly funded research, they sell the drug at an exorbitant price, as they have a monopoly. In addition, they routinely lie about the research and often steal the credit for the drug and claim they found it themselves. The much touted public–private partnerships fall totally apart when the private part constantly runs away with all the money and all the credit, making the rest of society look like a fool or a victim of robbery.

Drug companies spend only 1% of revenues on basic research to discover new molecules, net of taxpayer subsidies, and more than four-fifths of all funds for basic research to discover new drugs and vaccines come from public sources.

Dumbass!!!!

FUCKSTICK DUMBFUCK!!!!!!?!!!!!

Moron.... ROBERTA

Haha. HydroCabron is hilarious.