1. Gator Country Black Friday special!

    Stay on top of the football coach search with the Insider Authority on Gator Sports with a special discount!

    Now's a great time to join or renew and get up to $20 off your annual subscription! LIMITED QUANTITIES -- for details click here.

Obama quarterly report

Discussion in 'Too Hot for Swamp Gas' started by rivergator, Jul 20, 2013.

  1. mdgator05
    Online

    mdgator05 Premium Member

    Joined:
    Dec 9, 2010
    Messages:
    6,952
    Likes Received:
    244
    Trophy Points:
    63
    Ratings Received:
    +809
    And yet, we are not seeing major inflation. The theory you cite is that if you print more money it devalues it, all other things equal. But all other things aren't equal. We appear to be experiencing a deflationary pressure in the form of increased productivity and efficiency, which has been the primary way in which firms are dealing with this past recession and increasing their profitability (and in turn, as stock prices are the present value of all future cash flows (profits), increasing firm stock prices). So a combination of inflationary pressure from monetary policy combined with a deflationary pressure of increased productivity and efficiency has led to a very manageable inflation rate.
  2. The_Graygator
    Offline

    The_Graygator Well-Known Member

    Joined:
    Apr 11, 2007
    Messages:
    36,060
    Likes Received:
    773
    Trophy Points:
    113
    Ratings Received:
    +2,699

    We have seen a drastic increase in cost of living for the average family though. Inflation is almost the same thing, is some variables, and will begin to creep up exponentially.

    That said, Obama has more than doubled down on what he constantly accused Bush of doing and has made things far, far worse.

    Printing some $80 billion a month in new money with a declining work force, much higher taxes, and the least disposable income for the average family since the '60's is not an "improving economy".
  3. rivergator
    Offline

    rivergator Well-Known Member

    Joined:
    Apr 8, 2007
    Messages:
    32,395
    Likes Received:
    426
    Trophy Points:
    83
    Ratings Received:
    +2,158
    According to this, the cost of living has not increased faster under Obama than under the previous presidents for the same time period:

    link

Share This Page