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PostPosted: Fri May 11, 2018 3:45 pm 
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There has always been some gradual underlying inflation over time (FED and credit economy), what is even more important is rapidly increasing prices on certain products or services due to poorly thought out government meddling and intervention/tax policy/over-regulation in markets that leads to price distortions. Housing, Healthcare/insurance, college tuition, drug prices, gas prices are good examples of market price distortions caused by bad policy. Regulation of monopoly public utilities rates is a rare example of government getting it mostly right, with the exception of renewable energy boondoggles, which have always been a trial and error, temporary credits driving uncertainty for business investments in solar and wind, ethanol and electric cars etc.


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PostPosted: Sat May 12, 2018 7:28 am 
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Let me tell you why I think inflation is out of control. Once it goes up it does not come down. You let it go up too fast it sucks.

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PostPosted: Sat May 12, 2018 12:14 pm 
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Inflation is only a problem is wages aren't rising with it or if you're on fixed income. Well, at least moderate inflation like what we've had recently. Out of control inflation can be devastating. We don't have that.

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PostPosted: Sun May 13, 2018 8:41 am 
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john wrote:
What costs more now other than gas?

How about higher education? How about health care? How about professional services?


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PostPosted: Mon May 14, 2018 12:45 pm 
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ChromaKey wrote:
How about higher education? How about health care? How about professional services?

Good points. All of these are out of control.

Higher education costs the problem is in large part caused the government. Guaranteed student loans are a huge factor. It means colleges can hike up the prices year after year and students just borrow more and more. This is an incentive for the next years price increase. Students can get that 5 year BA degree in black history or underwater lesbian studies or journalism and the banks must loan the money.

Doesn't matter if the student will only make $19,000 a year working her career at starbucks. The banks will make the loan because the government backs um up. The good news for us is that these student loans can not be discharged in a bankruptcy. They will follow the student for their whole life until it's paid off. The government will garnish their social security checks when they retire! At least in this case, stupidity will follow them as long as they live on earth!

The cure for this is the free market. Banks should only loan 50% of the costs, and the student should be on the hook for the other 50%. If the students and/or parents had to actually pay even part of the bill when it came due- they would be much more critical about how the money is being spent. This would also force competition between schools as students make better economical decisions with their money.

I didn't borrow any money for my education, I worked days and went to night school classes- or had day classes and worked nights. Anyway- I dont care what college costs today- I'm done paying for mine. I think students are getting ripped off royally by the schools and by their liberal professors.

Health care... Well we tried! Several times we tried to repeal Obamacare and all those massive regulations. John MCCain is a total backstabber. He screwed the whole country. The best hope we have now is that individually we will live mostly healthy lives, and minimize our need for the health care system. Again, a problem mostly caused by the government trying to do good deeds.

Professional services.... Avoid them as much as you can! Way overpriced. Do as much for yourself as you can.

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PostPosted: Thu May 17, 2018 1:13 pm 
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BearMtnHIB wrote:
ChromaKey wrote:
How about higher education? How about health care? How about professional services?

Good points. All of these are out of control.

Higher education costs the problem is in large part caused the government. Guaranteed student loans are a huge factor. It means colleges can hike up the prices year after year and students just borrow more and more. This is an incentive for the next years price increase. Students can get that 5 year BA degree in black history or underwater lesbian studies or journalism and the banks must loan the money.

Doesn't matter if the student will only make $19,000 a year working her career at starbucks. The banks will make the loan because the government backs um up. The good news for us is that these student loans can not be discharged in a bankruptcy. They will follow the student for their whole life until it's paid off. The government will garnish their social security checks when they retire! At least in this case, stupidity will follow them as long as they live on earth!



Ha ha ha ha ha.. "The Banks Must Loan the money"

Oh the poor banks! They set this whole thing up you egghead- Its a complete racket, they are siphoning off 600 billion from the economy every year...legally and risk free..and... What kind of ignoramus thinks our government makes the Banks loan out money they don't want to loan out? And other than you..who else on Earth see'es the Banks as victims?

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