Topic: Hide your kids, hide your wife! - page 3. (Read 3700 times)

You raised that shit and it remains on you

Ignore the plural / singular shit. In my anger I committed a logical fallacy; let's not continue that bad habit. Your use of arithmetics, right or wrong (or regional, which is more likely) has little bearing on your point. Likewise, my qualifications are not as a linguist, so we can safely disregard it I reckon.

But if you believe that economics is not mathematics, we may have to part ways now, because you might as well predict and model it with astrology if you aren't using math.

No problem really. Just you admit at first that you were wrong with arithmetics. I think now I may claim such a privilege...

Pretty sure you said you had arithmetic to show me wrong. Prove it already. Break out the Cambridge equation, move some numbers, account for variables, and show me your mastery of the interactions of myriad semi-isolated economies in the context of the global economy. Don't leave out any currencies or subeconomies where value can be transferred and stored.

The burden is absolutely on you. Not only has it not worked anywhere else its been tried, not even here; and, not only was John M. Keynes himself utterly against it, though the so-called Keynesians would be shocked to find this out I'm sure; but we have multiple clear examples where wealth has been absolutely stolen from populations who have spent their lifetimes maintaining and acquiring it responsibly, under the murky guise of some economic doomsday that could not have been solved any other way!

Show me. Give me a sliver of mathematical proof that hints that your theory is right.

Lol, I can always back off that English is not my mother language, but this is irrelevant to the point I made about economics (and which is not about mathematics) as well as your notion about arithmetics (and you are wrong actually about even this, so your qualifications are strongly doubted). Now it is your time to explain where I am wrong (besides sheer nitpicking and unrelated semantics)...

You may use either arithmetic or arithmetics, I don't care as long as you're concise and your ideas are clear

Kid, just don't. I'm far more qualified to discuss any form of mathematics you care to invoke. You can begin by recognizing that the plural of arithmetic is arithmetic. I'm not going to bother listing qualifications; they're floating around here in places, and this is a forum so who gives a shit if I claim to be the Prince of Wales, but I will not be party to any "if you don't get..." condescension. I know more about this than you can possibly imagine. My qualifications are, let's say, very related and strongly math-based. And yes, I am fucking pissed, because this just reminds me of how goddamned heartbreaking it is for her parents and millions of others in the same situation. They aren't getting anything out of this. There are other ways of fixing it.

Put simply: QE is not incentives-compatible with repairing economic mismanagement in a global economy.

Go nuts, show me how it is, with your "arithmetics".

Just taking this part of your post

For an export oriented country (which is Japan) this is good on the economy level. If you don't get what it means or just can't fathom how this can ever be possible, I may try to explain this to you in simple terms. It means that when your currency is depreciating against the currencies of your trade partners, the life of population on average becomes better, because you (your country) begin earning more abroad from your exports than you spend on your imports (simple arithmetics), whereas domestic goods (bread and rice) stay the same as you correctly noted...

Uh, get the fuck out. I cannot stand this fucking lie. That only is true if you want to disincentivize any travel beyond your national border. Perhaps governments do.

My wife is Japanese. Besides some major corporations that can afford to export their products again, let me tell you something. There was no homelessness or joblessness, no credit misuse -- they don't even have CCs except for international travel, and everything is cash or RFID-debit-card (PASMO, SUICA, etc).

The only thing that's different now that they've done their own QE, for 99.999% of Japanese is the JPY/USD rate went from $1 = 73¥ to 100¥ in mere months. It's at like 105¥ now. And the USD is depreciating against other assets (like the CNY) so that's not even the whole story. So for a Japanese, that just means one thing: Your wages are the same, your savings are the SAME, but unless it's bread and rice bought IN JAPAN, it costs 130% what it did. There goes your retirement trip to Guam, or Hawaii. Trips to NYC to buy American fashions.

All of a sudden your money doesn't do near as much. And for what? Why would they do this foolishness?

1) Pressure from all the foreign bankers and governments in regimes more inflationary.
2) Japan had also succumbed to the ponzi promise of social security, paying for today's retires with estimated future GDP. With no luck getting the birthrate up, there was only QE.

Regarding #2, there is immense sadness and irony because perhaps your pension and social security comes in now, as due, but you can't buy shit with it if you leave Japan. So I hope your retirement dream was to sit at home and not travel.

FUCK you for perpetuating the lie, fuck the banks for doing it, fuck Abe-san for agreeing to this madness. Her parents now have to be far more careful about when to visit, or how to travel. Just 1 year ago this was not even a thought in their minds, but now I have their daughter 6000 miles away and all of a sudden their savings are worth 2/3 what it once was, through no fault of their own. 

As long as they can constrain inflation in reasonable limits as they do, it doesn't matter. In fact, the FED is fighting with deflation which is more dangerous for the economy (the Japan example is pretty evident, since they lagged with their QEs)...

Most people on this forum have already known about this for awhile now but yes, it is pretty amazing how the central banks have such a huge amount of the population completely fooled, to be honest, I just look at it as a far better chance of me becoming a millionaire than the lottery.

Could not stop thinking of that simple chart:


I mean, thats economics 101! It is going down at some point! (hell, it is even outperforming bitcoin's super exponantial hypothesis!)

And they claim that bitcoin is actually more volatile/dangerous.. i mean.. seriously???
How can they misguide 7Bn of human being like foolish sheeps into the depth of their incompetence without an ounce of remorse?
Are they all corrupted or do some of them actually buy this? ('they' = medias, governments, central banks and so on...)

The FED is EVIL (and surely not Bitcoin):





edit: although i believe most people in this forum are actually aware of this, i figured that this 'bed intruder song' fits the FED perfectly