The European Central Bank is finally doing something--but it won't be enough

 
More Than Mortal
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This is the way the world ends. Not with a bang but a whimper.
Except I know exactly what I'm talking about which is why you can't even make an argument and have no idea what you're talking about.
You haven't said a single thing this entire thread which makes any economic sense.

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You fantasize and imagine yourself being intelligent over most of the other losers here, some major accomplishment that is, when in reality you're just another pathetic squirt that wants to be special and whore attention on internet forums because your life is that miserable.
My life's actually all right, thanks. I know I'm more intelligent than most of the other people here when it comes to economics, but I've no doubt people like Turkey have me on mathematics, Icy has me on current affairs--et cetera.

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Your entire argument is invalid because the very fabric of it does not work. The economy of the world has already failed, and it will never be corrected without completely starting anew.
That's some grade-A fear-mongering you've got there. If this is true, why didn't monetary easing ruin the economy in the 1930s? Or even in 1987? You've had, essentially, 70 years to play with to demonstrate your hypothesis and you've sorely disappointed.

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I know you will never accept the truth and will continue remaining in your cognitive dissonance as always.
Well now you've just gone incoherent.

Do you want to walk away from this like a man, Cam, or do you want me to absolutely rupture your anus some more and reveal your shocking ignorance of the things you choose to discuss?


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More Than Mortal
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This is the way the world ends. Not with a bang but a whimper.
It HAS failed, did you seriously not see our debt?
Again, if you're worried about the debt you should be campaigning for fiscal responsibility, not monetary restraint. How are we going to pay back the national debt in a dead economy? It's not possible. If monetary stimulus can revive aggregate demand and kick the economy back in gear, we might be able to pull off what Clinton did in the 1990s and bring the debt back under control. Not with people like you, though, sacrificing the recovery.


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More Than Mortal
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This is the way the world ends. Not with a bang but a whimper.
Clinton only increased the debt, what are you talking about? He increased it by trillions.




EDIT: Replaced it with a more accurate graph, representing the debt-to-GDP ration properly.
Last Edit: January 17, 2015, 08:36:42 AM by Meta Cognition


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Clinton only increased the debt, what are you talking about? He increased it by trillions.




To add to that, Clinton left us with a $200 BILLION surplus.


 
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This is the way the world ends. Not with a bang but a whimper.
Last Edit: January 17, 2015, 08:37:19 AM by Meta Cognition


 
 
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More Than Mortal
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This is the way the world ends. Not with a bang but a whimper.
Exactly, he still increased the debt.
. . . What?



Clinton's administration is in purple--the part which curves down. The debt-to-GDP ratio shrunk.


 
 
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Last Edit: January 17, 2015, 04:52:47 PM by Camnator


 
More Than Mortal
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This is the way the world ends. Not with a bang but a whimper.
That is different then increasing the overall debt.
Thinking about the debt in absolute, numerical terms is pointless. . .

A $3bn debt is a lot worse if its 80pc of your economy instead of just 5pc. The fact that the economy grew during Clinton's tenure matters. The debt shrank in relation to the size of the economy--which is the only proper measure of the situation of the national debt.


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More Than Mortal
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This is the way the world ends. Not with a bang but a whimper.
After he baselessly questioned my intelligence after I was correcting him and explaining why he was wrong
I didn't baselessly question your intelligence. You're just spouting ideological rhetoric without appreciation of economic facts, which isn't surprising when you quite clearly stated you don't even care about money demand. And all your "correction" amounts to is:
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I care about problems and desire actual solutions to them that won't make things worse. It's blatantly obviously you have no grasp of economics which is why you're not even beginning to see reality here.
Nothing rational, statistical or empirical. . . Just a lot of emotional, 'you can't even begin to understand my superiority'-esque narcissistic nonsense.


 
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This is the way the world ends. Not with a bang but a whimper.
Of course you want to think that because you realize you're wrong.
No. . . There's a reason the graph represents the debt-to-GDP ratio in the first place: because that's what matters.


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The economy didn't "grow" under Clinton, we simply lived a bigger lie as our money became even more worthless.
Again, no. The economy grew at an average of just over 3pc per year. And inflation was stable under Clinton.


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This is the way the world ends. Not with a bang but a whimper.
. . .
You keep espousing this idea that your arguments are based on history and experience, and are appreciative of facts, but I'm yet to lay witness to this awe-inspiring rationality. I'm still waiting for you to say some even remotely meaningful when it comes to what we know about the economy. Now, the fact that you want to claim some sort of epistemic authority while making cryptic statements about picking up a 'bigger stick' and robbing from the entire world, then all it does is demonstrate your sheer lack of understanding.

Inflation was stable during Clinton's tenure, and the economy did grow. If you had the appreciation of facts you claim to have, you'd know this and understand that everything I'm telling you is based in evidence and looking at prior monetary policy to see what works, and what economic indicators actually tell us what is working.

So far, however, nobody has been fortunate enough to lay witness to your clear superiority on this issue. So--much like God--you must forgive us when we question its existence.


 
 
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I DONT GIVE A SINGLE -blam!- MOTHER -blam!-ER ITS A MOTHER -blam!-ING FORUM, OH WOW, YOU HAVE THE WORD NINJA BELOW YOUR NAME, HOW MOTHER -blam!-ING COOL, NOT, YOUR ARE NOTHING TO ME BUT A BRAINWASHED PIECE OF SHIT BLOGGER, PEOPLE ONLY LIKE YOU BECAUSE YOU HAVE NINJA BELOW YOUR NAME, SO PLEASE PUNCH YOURAELF IN THE FACE AND STAB YOUR EYE BECAUSE YOU ARE NOTHING BUT A PIECE OF SHIT OF SOCIETY
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. . .
You keep espousing this idea that your arguments are based on history and experience, and are appreciative of facts, but I'm yet to lay witness to this awe-inspiring rationality. I'm still waiting for you to say some even remotely meaningful when it comes to what we know about the economy. Now, the fact that you want to claim some sort of epistemic authority while making cryptic statements about picking up a 'bigger stick' and robbing from the entire world, then all it does is demonstrate your sheer lack of understanding.

Inflation was stable during Clinton's tenure, and the economy did grow. If you had the appreciation of facts you claim to have, you'd know this and understand that everything I'm telling you is based in evidence and looking at prior monetary policy to see what works, and what economic indicators actually tell us what is working.

So far, however, nobody has been fortunate enough to lay witness to your clear superiority on this issue. So--much like God--you must forgive us when we question its existence.

All you have to do is look at the world around you and do a little research. Follow the money. I've said many meaningful things, you just can't grasp the concept. I recommend you read this entire thread three or four times, it may help you. The only one lacking understanding is you. Look at all of the recent wars we've been in. You want me to give you a history lesson because you're slow? Sorry, not going to happen. I've said what needs to be said. If you think what we currently have is working, there is no helping you.

"My only argument here is to say that I'm right, you're wrong.  I don't need any basis or statistics to back it up, I'm just out here for a sTROLL."


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. . .
You keep espousing this idea that your arguments are based on history and experience, and are appreciative of facts, but I'm yet to lay witness to this awe-inspiring rationality. I'm still waiting for you to say some even remotely meaningful when it comes to what we know about the economy. Now, the fact that you want to claim some sort of epistemic authority while making cryptic statements about picking up a 'bigger stick' and robbing from the entire world, then all it does is demonstrate your sheer lack of understanding.

Inflation was stable during Clinton's tenure, and the economy did grow. If you had the appreciation of facts you claim to have, you'd know this and understand that everything I'm telling you is based in evidence and looking at prior monetary policy to see what works, and what economic indicators actually tell us what is working.

So far, however, nobody has been fortunate enough to lay witness to your clear superiority on this issue. So--much like God--you must forgive us when we question its existence.

All you have to do is look at the world around you and do a little research. Follow the money. I've said many meaningful things, you just can't grasp the concept. I recommend you read this entire thread three or four times, it may help you. The only one lacking understanding is you. Look at all of the recent wars we've been in. You want me to give you a history lesson because you're slow? Sorry, not going to happen. I've said what needs to be said. If you think what we currently have is working, there is no helping you.

"My only argument here is to say that I'm right, you're wrong.  I don't need any basis or statistics to back it up, I'm just out here for a sTROLL."

I have backed up my argument, which you'd realize if you actually read the thread.

No, you really haven't.  Meta has been providing graphs, charts and links.  You've only provided the US Debt Clock website and nothing else outside of "Oh you don't understand this hurdurr"


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