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Topic: inflation (Kondratieff Winter) - page 2. (Read 2690 times)

legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
February 06, 2013, 09:09:59 PM
#15

Let them fight over scraps of food in their Worker's Paradise until they are eating their trees, pets, and children like the North Koreans.

Let them weep for their crushed false pride, as British warheads incinerate their population centers.

The only good commie is a dead commie!

Grow a heart
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
February 06, 2013, 06:02:23 PM
#14
kirchner is such an airhead ... I'm not sure if the people who voted for this conniving person really deserve what's coming to them or not.

Kirchner voters deserve everything that's coming to them.  Feedback is important; actions must have consequences or bad behavior is encouraged by externalizing its costs.


For their socialist envy of others' property, they deserve poverty.

The only way to cure them of their Marxism is to starve it out of them. 

Let them fight over scraps of food in their Worker's Paradise until they are eating their trees, pets, and children like the North Koreans.


For their nationalist jingoism, they deserve the horrors of war.

The only cure for their territorial avarice and attempted colonialism of the Falklands is yet another sound military defeat, only this time on a far grander scale.

Let them weep for their crushed false pride, as British warheads incinerate their population centers.

The only good commie is a dead commie!

legendary
Activity: 854
Merit: 1000
February 06, 2013, 04:03:35 PM
#13
I totally agree.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
February 06, 2013, 01:55:11 PM
#12
It will be the age of decentralization and Bitcoin fits in there perfectly:

http://en.wikipedia.org/wiki/The_Third_Industrial_Revolution

The Digital Revolution  is what we are in the midst of right now ... beginning around, say circa 1970? (unix time 0)

- computing
- automation
- communication
- etc, etc (digital money)

I was more thinking in the direction of:

 -decentralized energy - Buildings as Power Plants(Wind / Solar), Smart Grid, Energy Storages of Electric Cars/ Hybrids as Grid Buffers.

 - decentralized Production - 3d-Printing manufactures

 - decentralized money - Bitcoin


In the new era, everyone can potentially be their own manufacturer, their own internet site, their own power company and their own Bank.


Good points.  3D printing is so cool, I think I'll buy a printer in the future (when the price/quality is better).
Personally, I think Biotech will be the next big wave.  Increasingly fine tools (nanotech) and visualisation aids (better microscopes etc.) combined with a maturation of "big data" processing methods should spark a bunch of innovation.  We can do some cool things already,  but we are only scratching the surface...
legendary
Activity: 1232
Merit: 1001
February 06, 2013, 07:00:14 AM
#11
It will be the age of decentralization and Bitcoin fits in there perfectly:

http://en.wikipedia.org/wiki/The_Third_Industrial_Revolution

The Digital Revolution  is what we are in the midst of right now ... beginning around, say circa 1970? (unix time 0)

- computing
- automation
- communication
- etc, etc (digital money)

I was more thinking in the direction of:

 -decentralized energy - Buildings as Power Plants(Wind / Solar), Smart Grid, Energy Storages of Electric Cars/ Hybrids as Grid Buffers.

 - decentralized Production - 3d-Printing manufactures

 - decentralized money - Bitcoin


In the new era, everyone can potentially be their own manufacturer, their own internet site, their own power company and their own Bank.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
February 06, 2013, 06:53:00 AM
#10
from http://en.wikipedia.org/wiki/Kondratiev_wave :

Quote
The technological cycles can be labeled as follows:
The Industrial Revolution—1771
The Age of Steam and Railways—1829
The Age of Steel and Heavy Engineering—1875
The Age of Oil, Electricity, the Automobile and Mass Production—1908
The Age of Information and Telecommunications—1971

What the next golden age (~2030) will be all about? Will it be The Age of Honest Money?

It will be the age of decentralization and Bitcoin fits in there perfectly:

http://en.wikipedia.org/wiki/The_Third_Industrial_Revolution

The Digital Revolution  is what we are in the midst of right now ... beginning around, say circa 1970? (unix time 0)

- computing
- automation
- communication
- etc, etc (digital money)
legendary
Activity: 1232
Merit: 1001
February 06, 2013, 06:45:20 AM
#9
from http://en.wikipedia.org/wiki/Kondratiev_wave :

Quote
The technological cycles can be labeled as follows:
The Industrial Revolution—1771
The Age of Steam and Railways—1829
The Age of Steel and Heavy Engineering—1875
The Age of Oil, Electricity, the Automobile and Mass Production—1908
The Age of Information and Telecommunications—1971

What the next golden age (~2030) will be all about? Will it be The Age of Honest Money?

It will be the age of decentralization and Bitcoin fits in there perfectly:

http://en.wikipedia.org/wiki/The_Third_Industrial_Revolution
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
February 06, 2013, 06:26:36 AM
#8
kirchner is such an airhead ... I'm not sure if the people who voted for this conniving person really deserve what's coming to them or not.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
February 05, 2013, 04:52:59 PM
#7
I definitely see inflation picking up over the next few years in the USA especially. The Fed just keeps on printing to fund trillion+ a year deficits.
I agree but if you are talking about price inflation that takes many years to trickle down.

He's talking about both monetary and price inflation.  Both types of inflation are accelerating.

Gas: was 5 cents, now 5 dollars.

Gold: was $35/oz, now $1700/oz.

hero member
Activity: 527
Merit: 500
February 05, 2013, 04:31:23 PM
#6
I definitely see inflation picking up over the next few years in the USA especially. The Fed just keeps on printing to fund trillion+ a year deficits.

I agree but if you are talking about price inflation that takes many years to trickle down.

It's been many years.
legendary
Activity: 1264
Merit: 1008
February 05, 2013, 11:46:35 AM
#5
I definitely see inflation picking up over the next few years in the USA especially. The Fed just keeps on printing to fund trillion+ a year deficits.

I agree but if you are talking about price inflation that takes many years to trickle down.
newbie
Activity: 39
Merit: 0
February 04, 2013, 11:05:24 PM
#4
I definitely see inflation picking up over the next few years in the USA especially. The Fed just keeps on printing to fund trillion+ a year deficits.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
February 04, 2013, 10:42:26 PM
#3
Kirchner slaps a price freeze on supermarkets to curb inflation when she has the central bank running presses 24/7 churning out money, like the new 100 peso note.
What planet do politicians come from??

Bitcoin needs a killer smart-phone app for it, so it can more easily step into the breach when a country is being devastated by hyperinflation.


LOL Kirchner.  What a ridiculous person.

I'm sure she'd try to implement price controls on Bitcoin too, were she capable of understand what they are.

Not one to usually root for Her Majesty, I nevertheless get all reactionary when this Marxist twat starts sabre rattling over the Falklands.

I'd love the SBS to put her makeup-caked head on a pike in Port Stanley.  The islanders deserve at least that much for the FUD she's caused them. 
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
February 04, 2013, 09:53:55 PM
#2



Kirchner slaps a price freeze on supermarkets to curb inflation when she has the central bank running presses 24/7 churning out money, like the new 100 peso note.
What planet do politicians come from??

Bitcoin needs a killer smart-phone app for it, so it can more easily step into the breach when a country is being devastated by hyperinflation.

hero member
Activity: 812
Merit: 1001
-
February 04, 2013, 08:35:40 PM
#1
Kondratieff Winter  is coming!

http://www.zerohedge.com/news/2013-02-04/argentina-freezes-supermarket-prices-halt-soaring-inflation-chaos-follow

inevitably this will follow (I've seen it with my own eyes many years ago in USSR)

https://www.google.co.uk/search?q=photo+of+empty+shelves+in+soviet+shops&hl=en&sa=X&tbo=u&rlz=1C1CHFX_en-gbGB490GB490&tbm=isch&source=univ&ei=Q2EQUZqRLMiFhQfu7YCIDg&ved=0CC0QsAQ&biw=1696&bih=1241

I guess they should now freeze prices on electricity to make bitcoin miners there extra happy.

Expect this to come to a shop near you soon.

Perhaps it is not something that could have happened if honest Bitcoin based money were used.

from http://en.wikipedia.org/wiki/Kondratiev_wave :

Quote
The technological cycles can be labeled as follows:
The Industrial Revolution—1771
The Age of Steam and Railways—1829
The Age of Steel and Heavy Engineering—1875
The Age of Oil, Electricity, the Automobile and Mass Production—1908
The Age of Information and Telecommunications—1971

What the next golden age (~2030) will be all about? Will it be The Age of Honest Money?
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