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Inflation - What has history taught us?, The Bleeding Obvious thread.
anroo
post Posted: Aug 21 2011, 02:10 PM
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In Reply To: Mungo's post @ Jul 28 2011, 01:13 PM

The question is what can history teach us ???

Everything but will we listen

No because we think we can do things differentley

Conclusion you can't reinvent the wheel

 
Dave_vic_ozz
post Posted: Aug 21 2011, 01:33 PM
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In Reply To: flower's post @ Aug 19 2011, 03:02 PM

Funny.

Volvo 240 wagons are getting collectable.



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My comments reflect the moment in which they were posted.
Everything can change, and usually does, without notice.
 
flower
post Posted: Aug 19 2011, 03:02 PM
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In Reply To: nipper's post @ Aug 19 2011, 02:53 PM

I have a mate with a 20 year old Volvo - someone wrote on the dust "Rich Bastard" - he was parked in Redfern - spelling was OK, though
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Love that bit--"spelling was OK"



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nipper
post Posted: Aug 19 2011, 02:53 PM
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In Reply To: Dave_vic_ozz's post @ Aug 19 2011, 02:50 PM

QUOTE
Far-left extremists are specifically targeting German luxury cars, symbols of the country's wealth and power, bringing the total number of vehicles torched in the German capital this year to at least 138, more than double the figure for all of 2010.

The rise in Berlin car burnings coincides with widespread lawlessness that erupted last week across England. More than 1,500 people were arrested as rioters looted shops, attacked bystanders and burnt autos. In Berlin, far-left extremists are specifically targeting German luxury cars, symbols of the country's wealth and export prowess, police said.

"The arsonists want to hit what they say are 'Fat Cats,'" Berlin police spokesman Michael Gassen said. A special unit is investigating the fires as political crimes after the police received letters claiming responsibility that derided globalization, gentrification and rising rents, he said.

as quoted in The Daily Reckoning www.dailyreckoning.com

I have a mate with a 20 year old Volvo - someone wrote on the dust "Rich Bastard" - he was parked in Redfern - spelling was OK, though



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time."
- Dr John Hussman

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Dave_vic_ozz
post Posted: Aug 19 2011, 02:50 PM
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Flower
QUOTE
A friend just told me that in Germany the "underpriveleged" are physically targetting luxury cars (representing a symbol of wealth)--let's hope this does not descend into anarchy.



Similar thing to 1980's here. YUPPIES and their cars were on the nose.



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My comments reflect the moment in which they were posted.
Everything can change, and usually does, without notice.
 
Mungo
post Posted: Jul 28 2011, 01:13 PM
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In Reply To: hoaky's post @ Jul 27 2011, 09:35 PM

What has history taught us? sweet FA - that's why history is such a beautiful thing - you just know what the current bunch of leaders (HA!) are going to do as none of them have the capacity to think outside of the box.

 


hoaky
post Posted: Jul 27 2011, 09:40 PM
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In Reply To: hoaky's post @ Jul 27 2011, 09:35 PM

happy days are here again.

 
hoaky
post Posted: Jul 27 2011, 09:35 PM
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In Reply To: flower's post @ Jul 27 2011, 09:59 AM

Hi Flower,
I got to this film after watching Ron Paul and Bernanke discussing if gold was money. Its good smile.gif pretty funny
1933 Pro-Inflation Propaganda Film
Found this vintage 10 minute short film and thought it had some relevance to the issues we see in the economy today.

This country allowed politicians to sell them a load of crap back then, and nowadays it looks as if we are bellying up to trough for another helping.
http://www.liveleak.com/view?i=3e0_1235601005

I guess the Bernanke believes it.


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flower
post Posted: Jul 27 2011, 09:59 AM
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"Cows for bride inflation spurs cattle theft in South Sudan"

With about 20 breeds, South Sudan has a cattle population of 11.7 million, as well as 12.4 million goats and 12.1 million sheep, according to the UN's Rome-based Food and Agriculture Organization. That ranks South Sudan as having the sixth-largest livestock herd in Africa, with an asset value estimated at the equivalent of $2.6 billion.

In the countryside, a cow can fetch between 400 and 500 pounds ($150-190). In the capital of Juba, cows cost 1,000 and 1,500 pounds ($375-560) a head, and bride price is between 150 cows and 400 cows.

http://www.bloomberg.com/news/2011-07-26/c...outh-sudan.html



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flower
post Posted: Feb 18 2011, 12:02 AM
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The cost of living in the U.S. climbed more than forecast in January, led by higher prices for food and fuel that may be starting to filter through to other goods and services.

The consumer-price index increased 0.4 percent for a second month, exceeding the 0.3 percent median estimate of economists surveyed by Bloomberg News, figures from the Labor Department showed today in Washington. The so-called core rate, which excludes volatile food and fuel costs, rose 0.2 percent, the biggest gain since October 2009.


http://www.bloomberg.com/news/2011-02-17/c...fuel-costs.html
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History has taught us----" you can fool all the people some of the time, some of the people all the time, but you can't fool all of the people all of the time"



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