Obama quarterly report

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

  1. mdgator05
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    mdgator05 Premium Member

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    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
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    The_Graygator Well-Known Member

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    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
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    rivergator Well-Known Member

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    According to this, the cost of living has not increased faster under Obama than under the previous presidents for the same time period:

    link

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