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

Anonymous (User Deleted) | Legendary Invincible!
 
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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"

His graphs were irrelevant or only proved him wrong. The debt has been my main point all along, it's the very fabric of my argument. If you have been reading this thread you'd know this. It's why any other point here is moot, as the entire monetary system is already worthless. You and Meta are so far behind in the argument, which is what I've been trying to explain.
All I've seen is you being completely wrong and performing mental gymnastics to somehow turn it in your favor.


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big sponge
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So yeah, this is going to be a final reminder for people to stay on topic. Next person to stray from the topic will end up getting a serious tagged warning.

Which as those of you who have read the rules of this board know is much heavier than a standard warning.


 
More Than Mortal
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This is the way the world ends. Not with a bang but a whimper.
I've said many meaningful things
Sorry, you just fucking haven't.


 
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This is the way the world ends. Not with a bang but a whimper.
The debt has been my main point all along
Which came under control during Clinton's administration due to FISCAL discipline. You clearly don't understand monetary policy.


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This is the way the world ends. Not with a bang but a whimper.
as the debt still grew massively..

You're just completely wrong.


 
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This is the way the world ends. Not with a bang but a whimper.


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This is the way the world ends. Not with a bang but a whimper.
as the debt still grew massively..

You're just completely wrong.

Why do you keep posting irrelevant graph? The debt still grew massively, they just didn't spend everything they stole. How are you not getting that?
Is calling evidence which clearly contradicts you "irrelevant" a normal practice for you?

You're fucking delusional.


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This is the way the world ends. Not with a bang but a whimper.
 ::)
Nothing you posted contradicted me. Also, you just insulted me after a warning, great job.
No, I'm not insulting you. You believe something which is irrevocably wrong in light of the evidence. This is the schizophrenia of economics. It's self-imposed delusion.

You don't seem to understand that the dollar value increase of the debt under Clinton is irrelevant when the economy grew enough to shrink its overall relative size.
Last Edit: January 19, 2015, 02:18:12 AM by Meta Cognition


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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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This is the way the world ends. Not with a bang but a whimper.
You seem to think the massive debt somehow isn't a big deal when it has already destroyed the economy. The fact is Clinton did nothing to help, there was just more of the same theft, borrowing, "printing" and debt.
Except Clinton made the debt smaller in terms of the whole economy. . . What about that are you finding so difficult to grasp. The economy grew under Clinton because of agricultural and telecommunications deregulation,  lowering the tax rate on the middle class and--most importantly--sound monetary policy. Nominal income remained on track for pretty much all of Clinton's administration thanks to Alan Greenspan; there was no excessive printing of money.


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This is the way the world ends. Not with a bang but a whimper.
You seem to think the massive debt somehow isn't a big deal when it has already destroyed the economy. The fact is Clinton did nothing to help, there was just more of the same theft, borrowing, "printing" and debt.
Except Clinton made the debt smaller in terms of the whole economy. . . What about that are you finding so difficult to grasp. The economy grew under Clinton because of agricultural and telecommunications deregulation,  lowering the tax rate on the middle class and--most importantly--sound monetary policy. Nominal income remained on track for pretty much all of Clinton's administration thanks to Alan Greenspan; there was no excessive printing of money.

You're only further proving yourself wrong. Inflating the economy at the time was an awful thing to do, and at least you are now admitting he increased the national debt. Nothing about the government's monetary policy is sound.
You're just making assertions with no evidence. The economy wasn't artificially inflated, it was growth, the pure numerical value of the debt doesn't matter and all reliable indicators point to an incredibly stable monetary regime. . .

I have facts and evidence for my positions, and have presented them accordingly. You, however, have not.


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This is the way the world ends. Not with a bang but a whimper.
The fact you think debt doesn't matter shows how naive you are, exactly.
See you're not even paying attention--I didn't say that. I said the only proper way to measure the importance of the debt is in comparison to GDP; I actually think the debt at the moment is too big.

All you're doing is making wild claims with no evidence--no, common sense doesn't count,  you economically illiterate dope--and making unfalsifiable claims. . . How has the economy become artificially inflated? How come we've actually seen real growth since then? How come nothing bad has happened over the course of this century-long, monolithic artificial inflations when we've seen throughout history that it doesn't take that long? You can't answer these questions properly because you're just presenting false of even insignificant propositions.

How come all of the reliable indicators from 1992 to 2006 show a near-perfect monetary framework that was, if anything, actually tight, from 2001-2006.


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This is the way the world ends. Not with a bang but a whimper.
There hasn't been growth


40 years ago the Internet didn't exist.


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The fact you think debt doesn't matter shows how naive you are, exactly.
See you're not even paying attention--I didn't say that. I said the only proper way to measure the importance of the debt is in comparison to GDP; I actually think the debt at the moment is too big.

All you're doing is making wild claims with no evidence--no, common sense doesn't count,  you economically illiterate dope--and making unfalsifiable claims. . . How has the economy become artificially inflated? How come we've actually seen real growth since then? How come nothing bad has happened over the course of this century-long, monolithic artificial inflations when we've seen throughout history that it doesn't take that long? You can't answer these questions properly because you're just presenting false of even insignificant propositions.

How come all of the reliable indicators from 1992 to 2006 show a near-perfect monetary framework that was, if anything, actually tight, from 2001-2006.

The only one making wild claims with no evidence other than the type that proves you wrong is yourself. Of course you aren't aware of common sense. There hasn't been growth, there's been delusion and we're worse off than ever before. Nothing bad has happened? Wow, you're legitimately that delusional? Look at the state of this world. Price increases, lack of jobs, massive debt, criminal wars, senseless deaths, unjust laws, infringements of our liberty and the income tax alone proves you wrong.

You know,  in a serious debate you need cites and sources for your claims, not just wild, silly remarks like "You don't have common sense hurrrrr".  Meta has been giving you sources for his claims.


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This is the way the world ends. Not with a bang but a whimper.
Innovation is irrelevant to the economy.
There's no way you're that ignorant. This is where the conversation ends.


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