Dear Senate: Please Ask Bernanke To Explain This - Corvette Forum : DigitalCorvettes.com Corvette Forums

Vette_Newb · 02-26-2013, 08:11 AM

Each time the Fed's balance sheet is expanded, gas prices at the pump surge... strange coincidence or entirely to be expected consequence of flooding the world with newly printed money. Dear Senate, please ask Bernanke to explain this... on Humphrey-Hawkins Report days, gas prices have only been higher once - right before the entire financial market collapsed.

Correlation does not imply causation... except when all the correlations are caused by the Fed:

Charts: Bloomberg

http://www.zerohedge.com/news/2013-0...rnanke-explain

ArKay99 · 02-26-2013, 08:36 AM

The problem with this is, so many people are just so oblivious to what is occurring in politics, they don't even know what sequestering is. I watched Bill Shultz interviewing people on the streets and he asked them what sequestering was. Out of about 15 people only one knew what it was. One woman that it was when you get bad grades in school you have to go get sequestered.

If the public, in general, is so mind-numbed about this one issue...how would they even begin to grasp what the FED does...

...and so it goes.

When the time comes, the herd will get thinned by natural selection. The gene pool is corrupted.

Vette_Newb · 02-26-2013, 08:38 AM

Quote:

Originally Posted by ArKay99

The problem with this is, so many people are just so oblivious to what is occurring in politics, they don't even know what sequestering is. I watched Bill Shultz interviewing people on the streets and he asked them what sequestering was. Out of about 15 people only one knew what it was. One woman that it was when you get bad grades in school you have to go get sequestered.

If the public, in general, is so mind-numbed about this one issue...how would they even begin to grasp what the FED does...

...and so it goes.

When the time comes, the herd will get thinned by natural selection. The gene pool is corrupted.

Sounds like the department of education is working as designed.

Texdentist · 02-26-2013, 09:50 AM

You have baffled me with bullshit. I see a lot of pretty squiggly lines. Do I think the Fed does everything right? Nope. Am I very concerned about the amount of money they are printing with no end in sight? Yep. But it doesn't take a dark conspiracy for these things to be happening. The Fed is responding to the financial crisis with the only tools it has available. I'm not sure we would be better off if they had done the opposite of what they did over the last 5 years. I'm not sure anyone can say for sure what the result would have been. It might have been better, or it might have been much worse.

ArKay99 · 02-26-2013, 10:46 AM

Quote:

Originally Posted by Vette_Newb

Sounds like the department of education is working as designed.

What department of education? Do you mean the department of indoctrination?

Vette_Newb · 02-26-2013, 10:52 AM

Quote:

Originally Posted by Texdentist

You have baffled me with bullshit. I see a lot of pretty squiggly lines. Do I think the Fed does everything right? Nope. Am I very concerned about the amount of money they are printing with no end in sight? Yep. But it doesn't take a dark conspiracy for these things to be happening. The Fed is responding to the financial crisis with the only tools it has available. I'm not sure we would be better off if they had done the opposite of what they did over the last 5 years. I'm not sure anyone can say for sure what the result would have been. It might have been better, or it might have been much worse.

How is it bullshit? And who has the Fed helped? There is no mention of conspiracy, just putting into layman's terms the direct correlation of bad Fed policy and gasoline prices.

1 thing is for sure, had the Fed not spent the last 4.5 years printing money to bailout failed banks and failed European banks the US consumer would be much better off. There is no arguing that point as it has well covered by every legitimate (No, Krugman isn't legitimate) economist who understands the difference between Keynesian economics and Austrian economics. The Fed, Congress, and the Keynes's policies have failed.

You always claim to not understand this subject, in the same sentence you accuse me of posting bullshit about the subject. Make up your mind, either you understand the topic or you don't. I do.

Texdentist · 02-26-2013, 11:17 AM

Quote:

Originally Posted by Vette_Newb

You always claim to not understand this subject, in the same sentence you accuse me of posting bullshit about the subject. Make up your mind, either you understand the topic or you don't. I do.

OK, I don't.

Vette_Newb · 02-26-2013, 11:18 AM

Quote:

Originally Posted by Texdentist

OK, I don't.

Good. Now quit telling those of us who do have a pretty good understanding, that we are full of shit and obama and the bots are not.

Texdentist · 02-26-2013, 11:22 AM

Quote:

Originally Posted by Vette_Newb

Good. Now quit telling those of us who do have a pretty good understanding, that we are full of shit and obama and the bots are not.

Oh, damn. I just hate sitting on the sidelines while a game is being played.

Vette_Newb · 02-26-2013, 11:23 AM

Quote:

Originally Posted by Texdentist

Oh, damn. I just hate sitting on the sidelines while a game is being played.

Well, at least get in on the home team's side. You claim to vote that way..

XQIZT · 02-26-2013, 12:32 PM

Quote:

Originally Posted by Vette_Newb

Good. Now quit telling those of us who do have a pretty good understanding, that we are full of shit and obama and the bots are not.

Yes, yes...indeeeeeeeeeed....so brilliant, yet so isolated...and no ability to convince anyone that what you say, post or regurgitate the the best course of action...

If it's so obvious to you...and your merry band of followers here...why is it that it gets no real traction in Realitytown? You'd think that you'd have scores of people gathered under the banner of "do what's best for the country and we'll all prosper." I for one am always ready and willing to listen...and yet in the end, I find myself disappointed.

Vette_Newb · 02-26-2013, 12:39 PM

Quote:

Originally Posted by XQIZT

Yes, yes...indeeeeeeeeeed....so brilliant, yet so isolated...and no ability to convince anyone that what you say, post or regurgitate the the best course of action...

blah blah blah.. your just a new version of etoxic. And if it's so hard to convince anyone, why are most noted economist saying the same thing genius? The only ones saying the opposite is the administration and the puppet media.

Quote:

Originally Posted by XQIZT

If it's so obvious to you...and your merry band of followers here...why is it that it gets no real traction in Realitytown? You'd think that you'd have scores of people gathered under the banner of "do what's best for the country and we'll all prosper." I for one am always ready and willing to listen...and yet in the end, I find myself disappointed.

Poor you.. you have my pity, but not my sympathy.

XQIZT · 02-26-2013, 12:42 PM

Quote:

Originally Posted by Texdentist

OK, I don't.

Neither do I. 2 charts show loose inverse relationships...and 2 show more direct relationships.

And the first chart just shows was the price of gas was on those particular days...with no context as to where it was on the days before or after. How are we to know if "prices surged" unless we see the days and weeks prior and after?

XQIZT · 02-26-2013, 12:46 PM

Quote:

Originally Posted by Vette_Newb

blah blah blah.. your just a new version of etoxic. And if it's so hard to convince anyone, why are most noted economist saying the same thing genius? The only ones saying the opposite is the administration and the puppet media.

Poor you.. you have my pity, but not my sympathy.

Whatever...you can keep playing the role of the old man sitting on his porch yelling at the squirrels. Again...if it were SO obvious, then there should be a candidate that can roll out in front of the country, explain it in everyday terms and get the support of 70% of the people, hands down. Unfortunately, that never happens because it appears that most of us are missing the super secret decoder ring that only comes in Cracker Jack boxes.

Vette_Newb · 02-26-2013, 12:46 PM

Quote:

Originally Posted by XQIZT

Neither do I. 2 charts show loose inverse relationships...and 2 show more direct relationships.

And the first chart just shows was the price of gas was on those particular days...with no context as to where it was on the days before or after. How are we to know if "prices surged" unless we see the days and weeks prior and after?

The charts are in months..