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Th1onein

(8,514 posts)
Tue Jan 1, 2013, 10:01 PM Jan 2013

HEY! What happened to the runaway inflation that Rush and Hannity predicted after the stimulus?

Did you forget about that? I did. Whatever happened to it? Did you notice it? Must have gone by so fast, I missed it.

Republicans are such fucking LIARS!

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HEY! What happened to the runaway inflation that Rush and Hannity predicted after the stimulus? (Original Post) Th1onein Jan 2013 OP
It's impossible to have "runaway inflation" with a fiat currency Recursion Jan 2013 #1
Because that never could have happened to Germany? dkf Jan 2013 #12
They didn't have a fiat currency Recursion Jan 2013 #13
same as the inflation predicted for Clinton's economic policies Skittles Jan 2013 #2
You mean Hannity and Limbaugh might be complete idiots? Buzz Clik Jan 2013 #3
They probably aren't, but their listeners are. HooptieWagon Jan 2013 #10
Gee, I missed that. Turbineguy Jan 2013 #4
The sad thing is that those who listen to them are so stupid that ... LisaLynne Jan 2013 #5
Well, they remembered Hannity's prediction... TreasonousBastard Jan 2013 #6
That is true! LisaLynne Jan 2013 #7
Maybe they cut it up and everyone gets a cell or two? TreasonousBastard Jan 2013 #8
You can't have any real inflation if wages don't go up. reformist2 Jan 2013 #9
No velocity of money... dkf Jan 2013 #11

Recursion

(56,582 posts)
1. It's impossible to have "runaway inflation" with a fiat currency
Tue Jan 1, 2013, 10:01 PM
Jan 2013

It amazes me how otherwise smart people don't even get the basics of this.

Recursion

(56,582 posts)
13. They didn't have a fiat currency
Tue Jan 1, 2013, 11:20 PM
Jan 2013

Runaway inflation happens when you have a commodity-pegged currency and drop the peg.

 

HooptieWagon

(17,064 posts)
10. They probably aren't, but their listeners are.
Tue Jan 1, 2013, 11:00 PM
Jan 2013

And fear-mongering is effective propaganda with morons.

LisaLynne

(14,554 posts)
5. The sad thing is that those who listen to them are so stupid that ...
Tue Jan 1, 2013, 10:18 PM
Jan 2013

they won't even remember the Dim Duo said it, so they won't ever have to admit to being wrong!

TreasonousBastard

(43,049 posts)
6. Well, they remembered Hannity's prediction...
Tue Jan 1, 2013, 10:30 PM
Jan 2013

that Romney would win in a landslide.

His ratings are down around half now.

 

dkf

(37,305 posts)
11. No velocity of money...
Tue Jan 1, 2013, 11:17 PM
Jan 2013

The people with the capacity to borrow don't want to. The people without the capacity want to but can't qualify.

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