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1561  Economy / Economics / Re: Deflation in Europe is actually inflation in disguise on: May 02, 2015, 06:57:42 PM

One has to be careful with money supply and QE.  The money supply that counts is M2 money.  What QE is about, is M0 money.  However, with compulsory credit contraction due to Basel III, the huge increase in M0 doesn't translate in a huge increase in M2 in fact.  What happened was that the ratio M2 / M0 has seriously been pulled down, and that, at the same time, M0 has significantly increased (QE).

http://www.data360.org/dsg.aspx?Data_Set_Group_Id=2052

As you can see, the "normal" inflationary increase of M2 has not really jumped up in 2008.  In fact, there was even a slight stagnation at that time.

http://www.tradingeconomics.com/united-states/money-supply-m0

The M0 supply is much more jumpy as one can see, and one clearly sees the steps due to the QE.  But it has not much influence on the real M2 supply.




We all know money supply has been increasing. Why hasn't  this translated into inflation,?

It hasn't because of money velocity and shadow banking. Primary dealer banks ensure this new money goes into Treasuries, not the economy, through commercial loans and it's attendant fractional reserve money creation. Treasuries through reverse repos are then used as collateral, instead of banks loans.

This insures money velocity is low, and inflation is funneled into demand for Treasuries is high ie. Yields (and interest rates)stay low.

Doesnt matter eventually it will show up in 1 way or another. Let's settle then on 1 thing, inflation doesn't occur, or atleast the standard textbook definition of inflation hasn't occured yet.

That doesnt mean that a more subtle and hidden form of it isnt occuring now. Because although you can't see inflation, you can definitely see it;s sympthoms.

Symptoms:
-Taxes raising all over the world, constantly, to pay the interest on the debt (even though the interest rates go down), the debt is growing, all governments are on deficit
-Due to inneficient allocation of credit, and the creation of zombie companies, many people are unemployed or soon will be unemployed when those guys go bankrupt
-Average earnings still rise slower than inflation (whatever the real inflation numbers are) , thus demand shrinks while supply is ever growing
-To compensate and hide the shrinking demand, credit cards and short term credits are used to boost demand

Now in my view this is a revolving door ponzi scheme, or a money funneling  "hot potato" game, and the 1 thing that ever grows is the debt, you just can't hide that.

So if you guys are right and indeed there isn't any textbook inflation yet (although the government can just rig the CPI numbers), the fact that it's so constrained, and the money velocity is the only thing that keeps inflation from suddenly spiking, then when the system implodes, hyperinflation will be imminent, unless they find a way to impose total capital controls, which now they think about eliminating cash.
1562  Other / Off-topic / Re: Let's talk about how hot Asian girls are. [NSFW] on: May 01, 2015, 08:21:36 PM
You are looking at a 19-24 year old woman, dont worry. No underage has tits like that lol

So wrong!  One of my best friend's daughters had double D's at age 13.

Poor kid, she'll have back problems her entire life.

Rare exception. She should stop drinking government tap water and canned food, they put puberty hormones in it that do these things.

Also she should go workout, to stengthen her back muscles then, and it will be fine.
1563  Economy / Economics / Re: "Deflation" in Europe is actually Inflation in disguise on: May 01, 2015, 08:19:00 PM
Deflation is painful for those who print money. Deflation is good, in absolute terms, for everyone else,, even those in debt. Debt means temporary boost in funds & lower prices means more purchasing power.

Actually for indebted persons its not, because their wages could go up, but the nominal value of the debt goes up aswell, along with the interest rates, and that can hurt them.

You got a 30.000 yen debt, which is like 150$, suddently the yen gets stronger now you got a 150.000$ debt referenced in 30.000 yen. Which one is better?

However in a deflationary economy people would not be indebted so hard. Credit cards would not exist, and only business loans would be made, as cars and houses could be bought from 1-2 year salaries.
1564  Other / Off-topic / Re: Let's talk about how hot Asian girls are. [NSFW] on: May 01, 2015, 06:44:21 PM


not my gf but she looks very similar  Cool

this chick is delicious

wanna lick her boobs and nipples bro?
She's super cute. Definitely gf material. Tongue Kiss Tongue

kinda scary how the age could be anywhere from 14 to 26. not sure if i am looking at a child or a woman

You are looking at a 19-24 year old woman, dont worry. No underage has tits like that lol
1565  Economy / Economics / Re: How to save money. on: May 01, 2015, 06:43:21 PM
Depends where you live and work and the common culture that surriunds you,if you have peer pressure then it may force you to spend more than you normally do,rather than spending spree,take time to make sure all the things you spend and need are really,all the things that you really need,you'll come to an state of acceptance  Huh

Nope, it doesnt matter where do you live and what you got. Everything that you earn you can still save it no matter how much it is. It just depends on your willing and what do you want to achieve and make target how month or years do you want to get it with your saving

This is only true up to a certain point. Some families can't have the luxury of having any savings, it happens a lot and you don't even need to go as far as third world countries, in any country that's being hit by the economic crisis and doesn't belong to a rich neighborhood you can see this phenomena happening where all wages go to basic expenses, therefore its mission impossible to have any relevant savings.

Yes minim wages are always below inflation levels, how useful they are in reality lol
1566  Economy / Services / [BOUNTY] Looking for people who can sell my digital goods, or monetize them ■■■■ on: May 01, 2015, 04:36:29 PM
Hi I`m a talented software programmer, I got 7 softwares that I made that needs to be advertised hard. Each software contains 1 banner ad inside it, so the more people use it/ see it, i get revenue from. The mission is to make more people watch/ use my softwares.

Here I need your help guys!  Smiley

I am giving to all of you commercial rights, royalty free, to sell my softwares or monetize them in any shape or form you wish. So that means that you can download them for free and then re-sell it on websites (where people don't know it's free), or monetize them in any shape or form you wish.

Ways to monetize it:
■Upload them to Pay-per-Download sites, such as Megabitload.com, it can be bitcoin based or normal cash based sites, google them, and find the one that suits you. After you chose your favorite PPD site, start advertising it on social media (since it's free), or just spend a little money to advertise it on websites
■Upload to softpedia or similar free-to-download sites
■Create a torrent file and put a "CLICK THIS LINK PLEASE.URL", a URL extension file, that is a shortcut to your website, and put that in the torrent. So after people will download the torrent of my software, they will click your website shortcut, and you get free impressions to your website or referral link that you wish to advertise. Make sure you upload it to all torrents sites, I `ve already uploaded it to a few, so upload it to the rest of them.
■Sell them on websites where you can sell softwares like amazon or whatever for real money (3-10$ / each piece, i dont think its worth more)
■Put them on other forums for sale (except this one), there are many forums out there where you can sell digital goods, so go ahead.
■Or other creative ways that you may think about

Obviously who will sell it first will get the most profits, so be quick guys until somebody else doesn't sell it before you. Now the reason why I don't sell it is simple , because I already got a banner ad in it, I don't have time to put it on all websites on the internet and manage 50 accounts, but you guys do have time, if each one of you sells it on 2-3 websites, then you can arrange it that the competition can be a bit loose and everyone gets profits.

And of course you can keep all the profits that you made by monetizing it, that is your BOUNTY, as I told you no royalty is required, there is a license file embedded in the softwares, read that for more info!

Here are my softwares that needs to be sold (Main Thread):
https://bitcointalk.org/index.php?topic=948131.0

Direct Download Link:
http://www.mediafire.com/download/4j7d7229cf2wxj2/My+Softwares+2.0.rar

Good luck!  Smiley
1567  Economy / Economics / Re: New rebublic Liberland to accept BTC as currency on: May 01, 2015, 04:10:58 PM
Finally this may mark the beginning of the first legal institution of Bitcoin in liberland,although not recognized by the European union or the world for the matter,but we can still dream can't we

Who cares about them anyway, they are a bunch of thieves, of course they wont recognize it. Is there honor amongs thieves?

The important thing is that we should support it, we are honest people here who want economic freedom. The EU doesnt want it (taxes ,regulations, permits).

1568  Economy / Digital goods / Re: ●♦★██████ FREE BITCOIN SOFTWARES ██████★♦● on: May 01, 2015, 04:07:52 PM
**New Software: What's My IP Address**




A simple 1 click to use tool, that will show your (external) IP address. It is portable, and you can copy the address to the clipboard. Since there are many websites that show this info, i thought it's easier to make a portable 1-click app from it, its much easier to use.

Download it from post #1


1569  Economy / Economics / Re: Deflation in Europe is actually inflation in disguise on: May 01, 2015, 03:08:13 PM
There can not be deflation when the money supply increases. However people's income is different: Those in the bottom of the food chain are still suffering from a lower demand and lower income, while those at the top of the food chain are getting higher income and higher demand for those things that are not included in inflation/deflation statistics (capital goods and assets)

This has been the case in Japan for nearly two decades by now. Deflation there started in the early 1990s, and despite the efforts by the Bank of Japan and the government through the reduction of interest rates and quantitative easing (money printing), it nevertheless persisted...

I`m not sure what "deflaton" you have in Japan. Also please stop using deflation as a synonym to price decrease because they are not!

Also, you dont even have price decrease in Japan. So their government is a totally liar.Just look at BTC/JPY price:

1 BTC = 155 £
1 BTC = 27800 ¥

How shitty that currency is, the prices obviosuly go up as the curreny is becoming toilet paper...That sounds like hyperinflation to me, but i must be an idiot for observing that, the mainstream media presstitutes are always right isnt it? Roll Eyes
1570  Economy / Economics / Re: Is it better to save money or invest it? on: May 01, 2015, 02:19:02 PM
Saving is the first thing that comes to mind if you think of investing in future. Without savings you will not be in position to invest and If u think from the middle class family point of view then they have only option of saving as their income is not higher they can't think of investment at that stage.

Without investing you will have nothing to save.

Let's say you are a 18 year old, with no job, and living on parents money. How would you start life?

If you have like 1000$, would you rather give it to a bankster on 1% interest rates, or give it to crypto currencies with a litte more risk but considerable better rewards.

The risk-reward ratio is favorable, its a good investment.
1571  Economy / Economics / Re: What do you guess about he future of bitcoin? on: May 01, 2015, 02:16:30 PM
Free market is free market, you cannot force people to use 1 currency. If they are truly libertarian (which i think they are) then they will use the currency which is the most secure and prominent: Bitcoin.

What if they are libertarian but not tech savvy? 
Bitcoin is great, but requires you to have a smartphone and use an exchange to get coins. Maybe in future when hardware wallets are cheap and easy to get and you'll be able to get BTC from an ATM across the street it will actually be available to everyone.

I`m not sure but first they will need an army and a police force, then people will move it and build houses, canalization, and water system.

Then after the basics are done, you can build the economy, and since its a free country, no permits and regulation are required to set up a Bitcoin Atm Cheesy

So i`m sure after the basics are built, the place will be full of Bitcoin ATM, people selling goods on the streets, without permits, and with low or no taxes.

Man it sounds like a paradise on Earth  Cheesy
1572  Economy / Economics / Re: Deflation in Europe is actually inflation in disguise on: May 01, 2015, 02:05:45 PM
Sorry, GreenStox, you are not talking about deflation. Depending on who you talk to, deflation is falling prices or a reduced money supply. Deflation can't be inflation in disguise because they are direct opposites. Inflation is rising prices or an increased money supply, again depending on who you talk to. You are writing about

Sorry , as i learned in university (not as if that is some very accurate info), i learned that deflation is the decrease of the money supply. That is a good definition of it.

Falling price isnt a deflation, its just falling price, the price cannot inflate/deflate, only the money supply can. Prices can rise and fall, thats the only thing they do, or remain the same.

When we talk about deflation, we must have a fixed, or a decreasing money supply. Bitcoin is not entirely deflationary, but i would say its semi-deflationary.

Quote
Deflation can't be inflation in disguise because they are direct opposites.

Yes but we dont have deflation. The presstitutes only hijack the word "deflation" and call the current phenomena deflation, when its obviously not.

Most people, like you, think that deflation is equal to decreasing prices, which is obviously not. Prices can decrease in inflationary enviroment too (although only for a temporary time until the real printing press kicks in).

If the average consumer's earnings decrease faster than prices, that is inflation, and we got that exact thing happening now!
1573  Economy / Micro Earnings / Re: where you get bitcoin every day? on: May 01, 2015, 01:59:11 PM
I have alot of ads set up, and now i earn 0.02 /day very easily, and autopilot, damn i`m a genius Cheesy

which ads affiliation you are using..
is that cpm or what??

let me know... Cool

Read above I would not trust his numbers unless some proof.  He uses creative math "i was a bit exagerating to make me feel good".   So hard to tell what he really made if any.   

Ad impressions just don't pay much.  So I'm not sure how to get his numbers assuming one of them is true.

Seriously man who cares? You should criticize my work not my character.

So you think Ernest Hemingway's work is crap just because he was a drunker? Yes he was alcoholic, but it's not his character that matters, but his work. So unless you have some problem with my work that I`ve done on the forum, then say it to my face, and let's stop the ad hominem attacks ok?

I have alot of ads set up, and now i earn 0.02 /day very easily, and autopilot, damn i`m a genius Cheesy

which ads affiliation you are using..
is that cpm or what??

let me know... Cool

I`m using a-ads mostly, and Bitmedia. I got a network of websites that we put up with my friends, which have many ads on it. Also i make softwares, and I put a small banner ad on all of them. The number of ad income increases with the number of people using it, therefore i`m putting out quality stuff out there which can be used for years.

The rest of it is secret, i`m not giving away my marketing skills for free Smiley

1574  Economy / Economics / Re: 2014 Poll: How many bitcoins do you own? on: May 01, 2015, 03:24:46 AM
Usually, I don't tell people how many coins I have, nor when I started collecting them. It is really noones business to know.


You dont need to but anonymously you could just to measure statistically this. When filling out anonymous survey, its made to analyze the data, and not to spy on people individually.
1575  Economy / Micro Earnings / Re: where you get bitcoin every day? on: May 01, 2015, 03:23:06 AM
Shit you caught me, i only made 0.01 BTC in reality, i was a bit exagerating to make me feel good Cheesy

Sometimes it happense, i bet most of these guys who post here lie all the time  Grin


I realized it after you pointed it out, if you had not , i would have forgot about it. Ok i apologize about it if that makes you feel better.

I think there is more interesting topic here than to talk about me exagerating 0.01 to 0.02 or are you so bored that you have nothing else to do?

I just don't like when someone lies to me.  You said "Shit you caught me, i only made 0.01 BTC in reality, i was a bit exagerating to make me feel good Cheesy" .  Sounds like you knew you did it.  It was not a accident.

Own up to lying and I will move on.

Subconsicously we all know it. Its only on forums that you can make a debate about such a tiny thing, people here are probably bored and have nothing else to talk about.  Cheesy
1576  Economy / Services / Re: INCREASED PAYOUT(4/13) ۩۞۩ secondstrade.com ★ signature campaign★weekly 0.035btc on: May 01, 2015, 03:12:46 AM
Hi I just noticed i`ve became a full member, can you update my status please in the google doc , THANKS  Cheesy Cheesy

first, you have to change to one of a full member.
i will update your information.
congratulation for your promotion.

thank you.



Thanks, ok i forgot about that sorry. Now i changed the signature to a full member. Thanks!
1577  Economy / Economics / Re: Deflation in Europe is actually inflation in disguise on: May 01, 2015, 03:07:19 AM
Deflation is not the source of the misfortune.

Deflation, the reduction of output of the economy, is the sympthom of QE/ZIRP.

Looks like people still dont understand what deflation is. It's not deflation that is happening. It's a skewed inflation or reverse inflation, that has the same characteristics as inflation.

What is happening now: Prices go down, demand goes down faster -> Prices are rigged, unhonest price discovery , artificially high prices

Normal market: Price goes down simultaneously with demand

Deflation market: Price goes down, demand goes up


So since now the price goes down slower than demand, the purchasing power of the currency is decreasing => Inflation, and the net income of the consumer aswell.


In a deflationary economy, the currency is always strenghtening, the purchasing power of it is going up, and the consumer has more money, thus he will spend more => Prices go down, demand goes up.

Is it that hard to understand bro?  Wink

What would be your best method to fight it then?


Well since its inflation, the best way to fight it is to stop printing money. Or raise interest rates and atleast pretend to not print money.

The best solution is to abolish all central banks, they rig the whole economy anyway, and they wont increase the interest rates now with all the world debt.

http://www.nationaldebtclocks.org/
1578  Economy / Micro Earnings / Re: where you get bitcoin every day? on: May 01, 2015, 02:03:47 AM
I have alot of ads set up, and now i earn 0.02 /day very easily, and autopilot, damn i`m a genius Cheesy

Yes sir, i earned 0.01 today from ad revenue, this ad business is getting better and better  Cheesy Grin
= https://bitcointalk.org/index.php?topic=984157.msg11248565#msg11248565

In one minute you story changed a entire .01 BTC.   Sounds like when a fisherman tells about his daily catch.

Shit you caught me, i only made 0.01 BTC in reality, i was a bit exagerating to make me feel good Cheesy

Sometimes it happense, i bet most of these guys who post here lie all the time  Grin


Actually being caught in lies is not that common.  You get a reputation on here good or bad.   For someone who wants people to read his books, faucets,etc should not lie.

I personally find it funny that you lied over .01 BTC but I for one will not believe anything you say.

Yes it is, c`mon it just exagerated, it wasnt even a lie, it was only an exageration. It's not serious its only for fun.


You compared it to a lie.  You knew it was not true.  Was posted in less then a minute.  Some might say you are scamming saying bigger numbers to get people to read your books and other junk you had.

I realized it after you pointed it out, if you had not , i would have forgot about it. Ok i apologize about it if that makes you feel better.

I think there is more interesting topic here than to talk about me exagerating 0.01 to 0.02 or are you so bored that you have nothing else to do?
1579  Economy / Micro Earnings / Re: where you get bitcoin every day? on: May 01, 2015, 01:00:57 AM

Actually being caught in lies is not that common.  You get a reputation on here good or bad.   For someone who wants people to read his books, faucets,etc should not lie.

I personally find it funny that you lied over .01 BTC but I for one will not believe anything you say.

Yes it is, c`mon it just exagerated, it wasnt even a lie, it was only an exageration. It's not serious its only for fun.
1580  Economy / Economics / Re: Deflation in Europe is actually inflation in disguise on: May 01, 2015, 12:57:37 AM
Deflation is not the source of the misfortune.

Deflation, the reduction of output of the economy, is the sympthom of QE/ZIRP.

Looks like people still dont understand what deflation is. It's not deflation that is happening. It's a skewed inflation or reverse inflation, that has the same characteristics as inflation.

What is happening now: Prices go down, demand goes down faster -> Prices are rigged, unhonest price discovery , artificially high prices

Normal market: Price goes down simultaneously with demand

Deflation market: Price goes down, demand goes up


So since now the price goes down slower than demand, the purchasing power of the currency is decreasing => Inflation, and the net income of the consumer aswell.


In a deflationary economy, the currency is always strenghtening, the purchasing power of it is going up, and the consumer has more money, thus he will spend more => Prices go down, demand goes up.

Is it that hard to understand bro?  Wink
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