Does anyone really believe the people voting for Trump care about the truth, or understand any kind of basic economic policy?
That’s not his base, this is Jerry Springer goes to Washington.
They don’t want percentages and interest rates, they want ugly pics of Heidi and Fiorina and Bill Clinton sex scandals.
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He doesn’t seem to realize that a) all CNBC has to do is re-run the tape back and b) by running that tape back, he has once again flip flopped on a policy position.
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because a) the rich are not like you and me and b) every little success that he did have suckered in even more folks.
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And that’s one of the smaller denominations (20 million Marks, in case someone has trouble reading the text – yes I know the numeral is there too). There were postage stamps worth much more, or at least with more zeros.
Note that it’s a bill printed by the German railways (Deutsche Reichsbahn), because that’s how far gone things were. Practically every municipality and state-run organization printed its own money.
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It’s just Trump making more friends among journalists. Nothing to see here, move along.
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And we had deficits (to say nothing of debt) that ran over 122% of GDP at the end of World War II and the middle class and the post-war economy boomed.
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The Trump solution would, among other things, deprive the world economy of its most crucial safe asset, U.S. debt, at a time when safe assets are already in short supply.
Of course, we can be sure that Mr. Trump knows none of this, and nobody in his entourage is likely to tell him. But before we simply ridicule him — or, actually, at the same time that we’re ridiculing him — let’s ask where his bad ideas really come from.
the 21c is very much different from the time period that had the British dominate 3/4’s (?) of the world (which would be amazing since they lost the American colonies at that time), so it would be very dangerous to believe that something ominous couldn’t occur by trying to get US debt collectors to accept ‘hair cuts’.
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this is econ 101 from trump university. get used to it. if you can’t understand it, email sarah palin for an in-depth rundown. she was a governor, you know. for awhile.
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Haircuts, shmaircuts. Donald should stay in his area of expertise, and start talking about double comb-overs.
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And that’s just the thing. His followers don’t have a problem with what he’s saying because to them, it all makes sense. Sure, you treat the American financial dealings the same way you’d make real estate development deals. For them the analogy holds because they can make sense of that as opposed to how government works. Very simplified business deals are the sorts of areas that Rump’s followers think they can understand. Of course, they’re just wrong but that’s their version of “common sense.”
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Speaking with the pretense of knowhow, then when called out, having forgotten the original question, speaking again with the pretense of other’s ignorance. He then compounds the issue with new nonsense. This man is going to be tied up in so many knots before this is over, it will take a team of psychic surgeons working around the clock to untangle.
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Talk about a mood swing, Trump went from default to hyperinflation without batting a eye.
He must be off his meds.
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Double?? Try a triple comb-over. There’s a picture of how the magic gets done somewhere. This is the best I could find:
https://thenatteringnabobs.files.wordpress.com/2015/08/mv.png
See. Its all in the math…
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Trump can’t. He’s too huge to fail.
You and I, however, sure can. The Bush recession was just a warm-up.
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I always think this is what it would have looked like if P.T. Barnum had run for President.
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So what’s your fucking problem with my tongue-in-cheek joke then? Posting an image representative of the iconic hyperinflation situation is hardly a deep dissertation as to the potential effect of “just printing money” under the particulars of the economic situation in which we find ourselves. Whatever your issue with Krugman, you seem to be acting on that, rather than my post. You seem to be arguing that Krugman made dire warnings of hyperinflation, but the fact is, Krugman pooh-pooh’d hyperinflation and almost always does. He calls the people who base all of their economic theories on dire warnings of it a cult.
http://www.nytimes.com/2014/09/12/opinion/paul-krugman-the-inflation-cult.html
And this guy thinks he was wrong in some aspects, but still admits inflation is a concern:
Really though, I don’t much give a flying fuck about whatever little say it, take it back, change of opinions, differences of opinion, etc., went on with Krugman or anyone else arguing the nuances of economic theory. I’m capable of reading them and thinking about them for myself, and I do. He’s a big dog to some extent and that makes him a target. Hyperinflation can occur if circumstances are right. Period. Are we in immediate danger of it? Not really. However, posting a picture to make jokes about it being a potential hazard of someone espousing a “just print money to pay down the debt” policy hardly evinces some sort of misunderstanding of economic concepts and policies (or the “required reading”) that justifies the sort of umbrage-laced nonsense you gal-splained at me.
Don’t worry though. I’m not terribly concerned if you’re offended by my rebuttal.
But only short words. Because, you know, stubby fingers… 
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I have a whole box of various bills printed then and later which were issued by different cities and towns, which I found in the Berlin apartment of my in-laws when clearing it out after their deaths…
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I had forgotten that Mugabe was still in charge.