patrick.net

robertoaribas says

tatupu70 says

wthrfrk80 says

tatupu70 says

The most commonly accepted definition of inflation is simply--rising prices.

So that means when we finally run out of fossil energy to power our machines, we will have "massive inflation." Even if it's really just a reflection of the fact that we won't be able to produce 1% of what we did before.

Yep. If you look back at the stagflation in the late 70s--much of it was attributable to oil prices...

both of you have no idea what inflation is... the change in price of any one commodity or asset class is NOT inflation or deflation. Inflation or deflation are changes in the amount of MONEY chasing all commodities and assets...

We have seen computers and many other items get much cheaper due to technological innovation, but that has nothing to do with deflation...

I respectfully disagree with Robert and I concur with tatupu70. While the correct definition of inflation is an expansion in the money supply, most people including top investors such as Marc Faber tend to describe it as rising prices. I myself don't care how much money is in circulation, and whether it is expanding or contracting is immaterial. What matters is the cost of living, which is usually rising. For the monetary purists vs. lay folks: inflation = price inflation. No need to argue over it.

Now as to why prices tend to go up, especially in the USA, for the most part, it's due to price manipulation, not supply and demand, at least, not in the long term. That is, supply chains are often disrupted temporarily to get prices to go up. But the supply usually recovers. The objective is to make prices "stick" at higher price levels.

Examples:

1. Water quotas in California that create artificial shortages so agriculture prices are driven up. Once everyone has accepted the higher prices, quotas are lifted. If prices go down, quotas are reinstated.

2. Agriculture 2: bacteria scares are often used as an excuse to force farmers to dump millions of pounds of perfectly good fruits and vegetables: lettuce, tomatoes, peppers, etc. Because of the (temporary) shortage, prices go up. After a few months, people will accept the higher prices and production will return. Don't forget this makes land prices go up too. So, if you (as a farmer) were planning on lowering prices after full production, your lease might now be higher.

3. Agriculture 3: "bad weather" is often used to temporarily limit the supply. And we know that governments and corporations are now actively modifying the weather.

4. Government sponsored "kill" programs for local cattle farmers to reduce the supply of beef, milk, etc. As local farmers are eliminated, shortages are created, prices go up, then corporate farms take over and eventually increase the supply. But at higher price levels, of course.

5. Over-hyped natural disasters (and manufactured disasters) such as the Indonesian hard drive shortage that was supposedly due to excessive flooding.

6. More on electronics: in 2006, all electronics mfgs were required to be RoHS compliant in the name of public safety. In actuality, RoHS compliance was/and still is about consumer electronic price-inflation. It has been estimated that electronics went up 10% on average.

7. Oil prices are driven up in different ways: middle eastern instability, environmentalists/regulators responding to phony disasters such as the gulf platform explosion, etc. In the case of oil spills, the people will demand: "something must be done!" Then politicians are used to demonize the oil industry. The solution: shut down the refineries. In other words, shut down production so prices can go up.

8. Energy: phony disasters such as the Fukushima nuclear plant flooding. The intention was to shutdown the Fukushima plant and many others in Japan and around the world. Grand purpose? Make energy prices up.

I can go on and on. The point is, price-inflation is usually the result of price-fixing, not supply and demand. This is how governments devalue their currency.

housingcasino4865 says

And we know that governments and corporations are now actively modifying the weather.

You're kidding right? With what? A giant "laser" up on the moon?

housingcasino4865 says

8. Energy: phony disasters such as the Fukushima nuclear plant flooding. The intention was to shutdown the Fukushima plant and many others in Japan and around the world. Grand purpose? Make energy prices up.

Come, Mr. Bigglesworth!!

wthrfrk80 says

housingcasino4865 says

And we know that governments and corporations are now actively modifying the weather.

You're kidding right? With what? A giant "laser" up on the moon?

I meant to say, actively and *openly* modifying the weather. If you haven't found that out yet, try removing the rock that's above your head.

Sock Puppet Smasher says

Tatupu:

You use the same, reliable methodical approaches specifically designed to effectively silence the other individual -- without having any real discussion in the process. This is success, for you. You may be paid for it, and you are good at it.

I've had tatupu70 on ignore for a few months now, but that's probably the most concise rational for why I ignored him in the first place. He wasn't overtly rude, or offensive, but simply presented a "negative force" in every conversation in every thread, on every petty detail conceivable.

I call it trolling, but your definition was far more precise.

housingcasino4865 says

I meant to say, actively and *openly* modifying the weather. If you haven't found that out yet, try removing the rock that's above your head.

rotfl! Are you nuts or just trolling?

wthrfrk80 says

housingcasino4865 says

I meant to say, actively and *openly* modifying the weather. If you haven't found that out yet, try removing the rock that's above your head.

rotfl! Are you nuts or just trolling?

Boy, you are a d***ass. Just one example:

http://cwcb.state.co.us/water-management/water-projects-programs/Pages/%C2%ADWeatherModificationProgram.aspx

"Weather Modification Program New Draft Rules and Rulemaking Hearing The CWCB has drafted updated Colorado Weather Modification Rules and Regulations for the Department of Natural Resources. These rules are specific to the permitting of ongoing commercial weather modification operations in Colorado. "

http://www.agriculturedefensecoalition.org/?q=weather-modifications

"Welcome to the Weather Modification Section of the ADC Website

Weather modification has been ongoing for decades in the United States. It was perfected during the Vietnam War leading to the ENMOD Treaty signed by the United States. However, this has not stopped a whole host of weather modification programs and experiments being initiated or are now ongoing in the United States and with increasing frequency in many foreign countries.

The profound impact of these ever-increasing and highly sophisticated weather experiments and programs are radically changing our climate and local weather conditions in many areas. Your local weathermen are not reporting these events leading many to believe that some man-made weather is either extreme or unusual...thus, the public is unaware of many of these programs."

Even a broken clock is right twice a day.

http://worldvisionportal.org/lln/index.php/2011/09/one-cell-one-light-rosalind-peterson/

"One Cell One Light: Rosalind Peterson on Weather Modification, Hedge Funds and Derivatives

September 14, 2011: Guest Rosalind Peterson

While controlling the weather is most often presented as fantasy, such as the super powers of Marvel Comics character Storm, modern technology has made it relatively easy to influence certain weather patterns. In fact, there are weather modification programs ongoing in over seventy countries throughout the world – including here in the United States. These programs are far from secret, as many are advertised and government-run. But what most people don’t realize is the extent to which these programs can also influence our economy – and not in ways you’d expect."

Goran_K says

I've had tatupu70 on ignore for a few months now, but that's probably the most concise rational for why I ignored him in the first place. He wasn't overtly rude, or offensive, but simply presented a "negative force" in every conversation in every thread, on every petty detail conceivable

If by negative force, you mean I pointed out your BS, then I agree. It seems others are wising up to your game now too based on their reactions on other threads.

tatupu70 says

I've had tatupu70 on ignore for a few months now, but that's probably the most concise rational for why I ignored him in the first place

It is not sensible to ignore a man because you do not agree. Tatupu is conducting an experiment is all...

Cloud seeding isn't going to have a "massive" impact on weather. And it's too imprecise to use as some kind of economic "weapon."

EastCoastBubbleBoy says

Even a broken clock is right twice a day.

Why are you saying the obvious? :0)

wthrfrk80 says

Cloud seeding isn't going to have a "massive" impact on weather. And it's too imprecise to use as some kind of economic "weapon."

So after 50 years, we've made no progress in weather modification technology? Looks like you're the loon.

As for the economic impact, well, here ya go buddy:

http://www.youtube.com/embed/Qmf6IBatjgQ

As usual, the trading is "insider" based.