Posted by tecwrg on 6/13/2012 5:20:00 PM (view original):
Inflation hurts discretionary spending.  That's an entire segment of the economy.  

The fact that the local supermarket is now getting more of your money (which is not necessarily profit to them, but may just be meeting increased costs on their part) is of no consolation to the local movie theater which is now selling less tickets.

Mike said inflation hurts spending.  It clearly doesn't hurt spending.

Inflation reduces the buying power of your money but also increases wages.

jrd_x,

You should really stop.  You're digging a hole you can't climb out of, as it is apparent that you have NO IDEA of how an economy works, or why.

Pleas explain to me how an economy works.

Posted by jrd_x on 6/13/2012 5:23:00 PM (view original):

Posted by tecwrg on 6/13/2012 5:20:00 PM (view original):
Inflation hurts discretionary spending.  That's an entire segment of the economy.  

The fact that the local supermarket is now getting more of your money (which is not necessarily profit to them, but may just be meeting increased costs on their part) is of no consolation to the local movie theater which is now selling less tickets.

Mike said inflation hurts spending.  It clearly doesn't hurt spending.

Inflation reduces the buying power of your money but also increases wages.

Please explain to the owner of the movie theater in my example how inflation "clearly doesn't hurt spending".

If it really is inflation, the movie theater owner is raising his prices too (and paying his vendors and employees more).

Posted by jrd_x on 6/13/2012 5:53:00 PM (view original):
If it really is inflation, the movie theater owner is raising his prices too (and paying his vendors and employees more).

I'm trying to do you a favor jrd_x...really, stop.  You're making yourself out to be an idiot.  Those who actually "know" what they're talking about, are reading your comments and laughing.  Find another topic, or read a book dude.

Posted by jrd_x on 6/13/2012 5:53:00 PM (view original):
If it really is inflation, the movie theater owner is raising his prices too (and paying his vendors and employees more).

Inflatin isnt a magic trick. Your wages dont go up just because costs go up. They may but some people dont.

Posted by OSU_Buckeye on 6/13/2012 6:03:00 PM (view original):

Posted by jrd_x on 6/13/2012 5:53:00 PM (view original):
If it really is inflation, the movie theater owner is raising his prices too (and paying his vendors and employees more).

I'm trying to do you a favor jrd_x...really, stop.  You're making yourself out to be an idiot.  Those who actually "know" what they're talking about, are reading your comments and laughing.  Find another topic, or read a book dude.

Interesting.  Since you know so much, why don't you explain the economy to me and give me your ideas on policies that would improve it?

Posted by swamphawk22 on 6/13/2012 6:04:00 PM (view original):

Posted by jrd_x on 6/13/2012 5:53:00 PM (view original):
If it really is inflation, the movie theater owner is raising his prices too (and paying his vendors and employees more).

Inflatin isnt a magic trick. Your wages dont go up just because costs go up. They may but some people dont.

It certainly isn't a magic trick.  Answer a question for me.  Why is the fed pushing interest rates down?

For you to really understand how an economy works & why, you need to do a lot of reading.
Sorry, but there's not enough hours in the day, to teach you the complexities of the economy.
I see nothing wrong with you giving your opinions or ideas, but to tell others what is & what isn't....
well, I was trying to be nice and save you from yourself.
But if you insist on continuing, by all means, go ahead.  I enjoy a good laugh as well.

Thought so.

What?  You think I have time to explain Supply & Demand, imports and exports, GDP - both local & global, National Debt, Govt's roll in the economic market - to include, taxes, borrowing and spending, etc.  Financial institutions, the stock market, labor force & unemployment, energy markets, housing markets, etc.  Manufacturing, retail, growth....and more!
Yes, jrd_x....YOU have a lot of reading to do.  It all ties together, in one way or another.  Below is an example of macroeconomics (though there are better charts).

And you think I have time to explain it all to you, so you can understand?  Sorry.....Take a class, or as I suggested...Read a book.

Wow, that is a great place to start.  Tell me, in a broad sense, what caused the recession?

Should I read what I missed or should I assume that jrdx is still insisting that inflation is good for the economy?

Posted by MikeT23 on 6/13/2012 7:55:00 AM (view original):
For ****'s sake.  Is the resident village idiot arguing that inflation would be a good thing?

Or this.