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Does QE cause inflation, or not?


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2015 May 22, 11:41am   46,600 views  79 comments

by CL   ➕follow (1)   💰tip   ignore  

Is it not true that since new money is not really created that QE does not cause inflation, although it could if the loan activity were to spike?

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75   tatupu70   2015 Jun 2, 8:55am  

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?

76   indigenous   2015 Jun 2, 9:22am  

tatupu70 says

Government meddling has removed price discovery of art?

That's right

77   tatupu70   2015 Jun 2, 10:44am  

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/

78   HydroCabron   2015 Jun 2, 11:22am  

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

79   marcus   2015 Jun 3, 6:36am  

Haha. HydroCabron is hilarious.

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