tag:blogger.com,1999:blog-4921988708619968880.post1554388328710940812..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: Debt Rattle, February 6 2008Ilargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-4921988708619968880.post-16798198992529322152008-02-07T05:20:00.000-05:002008-02-07T05:20:00.000-05:00Just a technical comment here :)Could you more cle...Just a technical comment here :)<BR/><BR/>Could you more clearly differentiate the font you use for your own comments and the fonts you use for your article excerpts?<BR/><BR/>It can be difficult to tell which is which. <BR/><BR/>Enjoying the blog immensely.Lindsay Wenthttps://www.blogger.com/profile/15171049436003044907noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-37267381440731950802008-02-06T20:07:00.000-05:002008-02-06T20:07:00.000-05:00Cid Yama,You can make links live by using [a href=...Cid Yama,<BR/><BR/>You can make links live by using [a href="URL"]Title[/a], where the square brackets are replaced by < and >.<BR/><BR/>I've read pretty much everything the author of that article (Robert Prechter) has written for at least the last 10 years. I'd recommend <I>Conquer the Crash</I> from 2002 if you'd like to know more, and there's a lot more to know.<BR/><BR/>Credit expansions, Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-140305957352619212008-02-06T17:39:00.000-05:002008-02-06T17:39:00.000-05:00I found this awesome article:In reading a history ...I found this awesome article:<BR/><BR/>In reading a history of major depressions in the U.S. from 1830 on, I was impressed with the following:<BR/><BR/>(a) All were set off by a deflation of excess credit. This was the one factor in common.<BR/>(b) Sometimes the excess-of-credit situation seemed to last years before the bubble broke.<BR/>(c) Some outside event, such as a major failure, brought Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-43401468272294742902008-02-06T17:10:00.000-05:002008-02-06T17:10:00.000-05:00PeakTO,I agree with Goritsas that deflation is alr...PeakTO,<BR/><BR/>I agree with Goritsas that deflation is already underway. Confidence is a prerequisite for liquidity, and confidence is evaporating by the day, along with trust. Without trust and confidence, there's nothing Bernanke or other central bankers can do to increase liquidity. Whatever they manage to inject is overwhelmed by what is withdrawn through writedowns and money being taken Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-12984749717091474702008-02-06T16:38:00.000-05:002008-02-06T16:38:00.000-05:00This is cheating by using Consumer price index ins...This is cheating by using Consumer price index instead of actual money and credit figures but --the US had a nasty deflationary period for ten years following Sept. 1929 with CPI down -18.5%. That contained within the Federal Reserves reign 1914 to 2007 when consumer prices are up 2000%!<BR/>http://inflationdata.com/inflation/Inflation<BR/>_Rate/Inflation_Rate_Calculator.asp<BR/><BR/>--BigelowAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-42023734812529330272008-02-06T14:11:00.000-05:002008-02-06T14:11:00.000-05:00peakto said:... inflation seems to be the short te...peakto said:<BR/><BR/><B>... inflation seems to be the short term rule(as in Ben seems happy to print money like mad) …</B><BR/><BR/>The Fed is not "printing" money at all right now. The supply of money in circulation is quite constant at this time. While it may appear the Fed is trying to stimulate things by reducing the cost of borrowing, if consumers and businesses don’t borrow then it mattersgoritsashttps://www.blogger.com/profile/09767556060065779629noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-87070423518559360832008-02-06T13:04:00.000-05:002008-02-06T13:04:00.000-05:00Ilargi,I agree it will eventually be deflationary....Ilargi,<BR/><BR/>I agree it will eventually be deflationary...and horrifyingly deflationary. <BR/><BR/>Not that you were addressing me or anything, but inflation seems to be the short term rule(as in Ben seems happy to print money like mad) <BR/><BR/>The question for me is when does it cross the line into collapse, which is utterly, with all finality, deflationary.<BR/><BR/>Until that line is peaktohttps://www.blogger.com/profile/17444882512154967449noreply@blogger.com