 OldOllie
Male, 50-59, Midwest US
 8706 Posts
|
Friday, February 18, 2011 10:58:39 PM
@Old Ollie: That was explained...
No, it wasn't. My post contained 4 separate points, none of which were previously addressed by anyone. |
|
 lemmingboy15
Male, 18-29, Southern US
642 Posts
|
Friday, February 18, 2011 1:05:22 AM
tl;dr
i already took economics, and it was more entertaining than this graphic. |
|
 SvampeBob
Male, 18-29, Europe
3088 Posts
|
Thursday, February 17, 2011 11:09:08 PM
 |
|
 connor53
Male, 13-17, Eastern US
207 Posts
|
Thursday, February 17, 2011 5:33:08 PM
Infographics are supposed to show me quick facts and statistics about stuff in a way that I can understand. This repeated what I've learned in economics this past week. |
|
 Raokin
Female, 18-29, Southern US
458 Posts
|
Thursday, February 17, 2011 11:42:27 AM
Dear lord, this was supposed to cure my boredom? |
|
 kairobert
Male, 18-29, Europe
1634 Posts
|
Thursday, February 17, 2011 10:57:52 AM
The Capitalist economy is far too unmanageable. If a portion of the effort that goes into controlling it would go into researching solving the issues of a socialist economy we would have a permanent solution. |
|
 Angelista10
Female, 18-29, Europe
183 Posts
|
Thursday, February 17, 2011 7:05:37 AM
i think my IQ went up slightly :P |
|
 DickenMcHunt
Male, 18-29, Midwest US
1140 Posts
|
Thursday, February 17, 2011 6:12:44 AM
@Old Ollie: That was explained... |
|
 littlepete50
Male, 18-29, Europe
1364 Posts
|
Thursday, February 17, 2011 12:13:09 AM
more bored |
|
OldOllie
Male, 50-59, Midwest US
8706 Posts
|
Wednesday, February 16, 2011 10:11:40 PM
This isn't precisely accurate. Inflation is an increase in the money supply relative to the GDP. Rising prices are the RESULT of inflation, but they are not inflation.
Look at it this way: if you had all the money, you could buy all the stuff. If you had more dollars, but there was still the same amount of stuff, it would just take more dollars to buy the same stuff.
Right now the Fed is buying up treasury bills with money they have created out of thin air. The government then spends this money on stuff, competing against the rest of us and our dollars to buy the same stuff. The result is predictable: more dollars bidding for the same stuff means each dollar is worth less, so the price of stuff goes up.
Unfortunately, much of that money is going overseas for oil. Oil is still oil, but the value of the dollar is going down the toilet. |
|
 whipplefunk
Male, 40-49, Southern US
484 Posts
|
Wednesday, February 16, 2011 9:04:43 PM
"TL;DR"
exactly |
|
Purrie
Male, 18-29, Western US
110 Posts
|
Wednesday, February 16, 2011 7:44:23 PM
TL;DR |
|
 SilverThread
Male, 30-39, Western US
3360 Posts
|
Wednesday, February 16, 2011 7:02:21 PM
This taught me nothing useful about inflation.
 |
|
 TysonRP
Male, 13-17, Canada
314 Posts
|
Wednesday, February 16, 2011 6:12:46 PM
This was quite informative... I don't have anything funny to say after that though. I don't even know why you are still reading this comment. |
|
 ViiZedek
Female, 18-29, S. America
126 Posts
|
Wednesday, February 16, 2011 5:45:20 PM
ok...now you must know brazil:
we have inflation since i was born, and for a 12month of work, 7 are ONLY for the government, that doesn't do a poo in return. people are dying in floods, diseases that could've been already extinct, lack of public security, civil war, because of those nasty politicians the people who are illiterate(or didn't complete school-like 70% of the population) put there in change for a plate of food. oh, also the brazilian president is working for an anti-semite party, and does comercial agreements with iran and those other countries UN had imposed penalties to.
please....someone take me out of here... |
|
 SebastianLam
Male, 13-17, Western US
734 Posts
|
Wednesday, February 16, 2011 5:21:22 PM
Also, this is old so if you want the deflation one it's here |
|
SebastianLam
Male, 13-17, Western US
734 Posts
|
Wednesday, February 16, 2011 5:19:08 PM
I love econ:) It just makes sense. It's like yeah... makes sense. |
|
 Lillim
Female, 30-39, Midwest US
260 Posts
|
Wednesday, February 16, 2011 5:09:03 PM
That's surprisingly helpful, actually... |
|
 SmilinSam
Female, 18-29, Eastern US
3603 Posts
|
Wednesday, February 16, 2011 5:08:26 PM
very informative! i know alot more about inflation now, thanks IAB... pictures help me get past my ADD and actually keep retaining information. text books should be set up this way. |
|
 SapphireHart
Female, 18-29, Europe
414 Posts
|
Wednesday, February 16, 2011 4:51:37 PM
I still don't understand inflation... |
|
 PacoP42
Male, 13-17, Western US
1081 Posts
|
Wednesday, February 16, 2011 4:40:01 PM
There's so much about this subject I thought i knew but didn't. kewl post! |
|
 Finwicket
Male, 18-29, Eastern US
373 Posts
|
Wednesday, February 16, 2011 4:04:02 PM
This looks like something I would find in a textbook not on a website where d*ck jokes and pictures of cats are. |
|
 tincel1372
Female, 18-29, Canada
423 Posts
|
Wednesday, February 16, 2011 3:13:27 PM
I never understood economics, and I never will.
Therefore, I predict I'll soon be in deep $hit.
Sucks. |
|
 gorgack2000
Male, 13-17, Europe
4702 Posts
|
Wednesday, February 16, 2011 3:05:28 PM
I actually found this really interesting! Explained a lot, the first genuinely helpful infograph I've read for a long while. |
|
 sofaking42
Male, 18-29, Canada
255 Posts
|
Wednesday, February 16, 2011 2:47:28 PM
Oh such critics...It was interesting and informative. Thanks IAB! |
|
Back to Listing
){kind=avatar}
){kind=avatar}
){kind=avatar}
){kind=avatar}
){kind=avatar}
){kind=avatar}
){kind=avatar}
){kind=avatar}
){kind=avatar}
){kind=avatar}
){kind=avatar}
){kind=avatar}
){kind=avatar}
){kind=avatar}
){kind=avatar}
){kind=avatar}
){kind=avatar}
){kind=avatar}