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Reply #41: Declining dollar increases the price of commodities [View All]

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Home » Discuss » General Discussion: Presidency Donate to DU
Hawkowl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:19 AM
Response to Reply #25
41. Declining dollar increases the price of commodities
The QE2 will increase the price of food, oil, etc because the rest of the world's currency will appreciate and outbid the US for them. This will be the real source of inflation. I look forward to $4 gasoline and increased food prices just so the bankers can pump up the stock market.
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  -I never thought I would say this but Palin is right and Obama is wrong Cali_Democrat  Nov-10-10 04:15 PM   #0 
  - Don't doubt your instincts just because an enemy agrees with you  Dreamer Tatum   Nov-10-10 04:18 PM   #1 
  - It's free money for the banksters who are doing nothing...  rfranklin   Nov-10-10 04:20 PM   #2 
  - Inflation is at about 1% right now.  Lord Magus   Nov-10-10 09:58 PM   #32 
     - Inflation is MUCH higher than 1% Don't listen to Government Propaganda  Hollywood_Zack   Nov-11-10 10:10 AM   #51 
        - but listen to your propoganda right?  mkultra   Nov-11-10 11:04 AM   #52 
        - Interesting. Kind of like a Republican budget proposal for the last couple of years.  Lord Magus   Nov-12-10 06:21 AM   #69 
  - I heard Palin thought the QE2 reference was about a ship....n/t  monmouth   Nov-10-10 04:20 PM   #3 
  - DUzy! n/t  dgibby   Nov-10-10 05:10 PM   #12 
  - Even a broken clock is right twice a day n/t  wallwriter   Nov-10-10 04:26 PM   #4 
  - I Disagree  DemocratSinceBirth   Nov-10-10 04:29 PM   #5 
  - Think of it like this....  Cali_Democrat   Nov-10-10 04:47 PM   #10 
  - Even if one thinks about it that way  ProSense   Nov-10-10 05:29 PM   #15 
  - What are they doing? (printing money 24/7). You apparently  doc03   Nov-10-10 04:48 PM   #11 
  - Yes, I Have Heard Of Stagflation  DemocratSinceBirth   Nov-10-10 06:22 PM   #21 
  - Inflation barely exists right now.  Lord Magus   Nov-10-10 09:57 PM   #31 
     - Wasn't This The First Time In History That SS Recipients Didn't Get A COLA?  DemocratSinceBirth   Nov-11-10 06:24 AM   #42 
        - Second year in a row of no COLA for SS.  Lord Magus   Nov-12-10 06:19 AM   #68 
  - so simple, money is falling from helicopters (Helicopter Ben)  golfguru   Nov-10-10 05:36 PM   #16 
     - On The One Hand We Have Such Economic Luminaries As Sarah Palin, Glenn Beck, Rush Limbaugh,  DemocratSinceBirth   Nov-10-10 06:18 PM   #19 
        - Here is how I see it.  farrar   Nov-11-10 02:28 PM   #59 
  - leftists for Palin!  Uzybone   Nov-10-10 04:35 PM   #6 
  - She is not right..  butterfly77   Nov-10-10 04:36 PM   #7 
  - I Will Go With Krugman  DemocratSinceBirth   Nov-10-10 04:38 PM   #8 
     - meaning its helpful.  mkultra   Nov-11-10 11:07 AM   #53 
  - Palin is  ProSense   Nov-10-10 04:38 PM   #9 
  - Yes. She Is  Demeter   Nov-10-10 05:13 PM   #13 
  - Nope, Palin is wrong on this  Kurt_and_Hunter   Nov-10-10 05:17 PM   #14 
  - Evaluate upside vs downside. UP: Wall street, bankers win. Downside: inflation or stagflation, every  sally cat   Nov-10-10 05:45 PM   #17 
  - You picked a bad time to agree with Palin (although I'm not sure there's ever a good time)  DrToast   Nov-10-10 06:01 PM   #18 
  - What you say makes sense to me..  Fruittree   Nov-10-10 06:19 PM   #20 
  - At This Moment In American History  DemocratSinceBirth   Nov-10-10 06:31 PM   #22 
     - +1  Kurt_and_Hunter   Nov-10-10 06:36 PM   #23 
  - You're referring to the core inflation rate that DOES NOT take into account food and energy prices  Cali_Democrat   Nov-10-10 07:35 PM   #24 
     - No, I'm referring to the regular inflation rate  DrToast   Nov-10-10 09:08 PM   #27 
        - Kind of blows up the fearmongering about inflation, doesn't it?  Lord Magus   Nov-10-10 09:56 PM   #30 
  - You forget the other impact - it causes a cheaper dollar  karynnj   Nov-10-10 07:54 PM   #25 
  - Declining dollar increases the price of commodities  Hawkowl   Nov-11-10 02:19 AM   #41 
  - I was not questioning that  karynnj   Nov-11-10 08:59 AM   #46 
  - a huge portion of our economy it retail goods  mkultra   Nov-11-10 11:09 AM   #54 
  - Monetary Policy Is The Only Tool We Have Left To Fight This "Recession"  DemocratSinceBirth   Nov-11-10 06:38 AM   #44 
     - Sadly you are right  karynnj   Nov-11-10 08:58 AM   #45 
  - I still don't understand how buying your own debt can even accomplish anything, or how it's possible  ShadowLiberal   Nov-10-10 08:12 PM   #26 
  - well, ok, let me try here  mkultra   Nov-11-10 11:13 AM   #55 
  - Your core premise is incorrect  angrychair   Nov-11-10 10:00 PM   #65 
  - wrong, please read some books  mkultra   Nov-10-10 09:46 PM   #28 
  - +1  Dawson Leery   Nov-10-10 09:47 PM   #29 
  - Printing money to buy that debt, however, has the opposite effect.  Dreamer Tatum   Nov-10-10 11:06 PM   #34 
     - actually, thats not true  mkultra   Nov-10-10 11:17 PM   #35 
     - Oh my lord.  Dreamer Tatum   Nov-11-10 12:11 AM   #38 
     - your understanding of economics is two dimensional.  mkultra   Nov-11-10 09:30 AM   #49 
     - The problem is NOT lack of capital !!!!  golfguru   Nov-11-10 12:44 AM   #39 
     - Krugman: QE Madness  ProSense   Nov-11-10 12:55 AM   #40 
     - Please  DemocratSinceBirth   Nov-11-10 06:31 AM   #43 
     - yes, Krugman agrees with the method, he just thinks it wont be enough  mkultra   Nov-11-10 09:29 AM   #48 
     - No, there is a third way  mkultra   Nov-11-10 09:27 AM   #47 
        - Your interest numbers are incorrect  golfguru   Nov-11-10 05:32 PM   #61 
           - banks dont make the full interest that they charge, its layered  mkultra   Nov-11-10 05:44 PM   #62 
              - 3.25% may be for AAA rated outfit, a small business will be lucky  golfguru   Nov-11-10 08:27 PM   #63 
                 - yeah, like i said, the bank isnt getting the full interest  mkultra   Nov-12-10 10:39 AM   #70 
     - You're right, you need to read some books ............  Exilednight   Nov-11-10 09:43 AM   #50 
        - i guess you just dont know WHY the banks aren't lending  mkultra   Nov-11-10 11:33 AM   #56 
           - Quantitative easing does not take T-Bonds out of the market ............  Exilednight   Nov-11-10 11:52 AM   #57 
              - THIS QE is about TBond purchases  mkultra   Nov-11-10 02:22 PM   #58 
     - read some more books  angrychair   Nov-11-10 10:03 PM   #66 
        - So where's the Fed getting the money to buy the treasuries?  Cali_Democrat   Nov-12-10 04:39 PM   #74 
  - Then he could raise the interest rates and get the $600 billion back.....  kentuck   Nov-10-10 10:11 PM   #33 
  - Not a great idea.  farrar   Nov-11-10 02:50 PM   #60 
  - he wont need to. there is no garuntee that inflation will occur  mkultra   Nov-12-10 02:25 PM   #72 
  - As said a broken clock is right twice a day and trying to sure up the middle for 2012 don't mean...  DemocraticPilgrim   Nov-10-10 11:47 PM   #36 
  - Palin is a broken clock without arms  ProSense   Nov-10-10 11:53 PM   #37 
  - Fiat currency only has value because of interest paid to it.  joshcryer   Nov-11-10 09:02 PM   #64 
  - Good thought but not actually correct  angrychair   Nov-11-10 10:07 PM   #67 
     - correct. Our money has value because people know  mkultra   Nov-12-10 02:23 PM   #71 
  - OK. I'll stick with Obama, you can have Palin.  Ikonoklast   Nov-12-10 04:36 PM   #73 
  - Nah  Cali_Democrat   Nov-12-10 04:40 PM   #75 
  - The stock market benefits the middle class and the economy as a whole, I think.  Honeycombe8   Nov-12-10 07:11 PM   #76 
 

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