tag:blogger.com,1999:blog-53246864840716464.post4196405934983383913..comments2024-02-29T00:46:38.800-08:00Comments on Washingtons Blog: John Williams: Numbers Show "Ongoing Depression"Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-53246864840716464.post-46863781251943054872009-08-19T08:04:05.684-07:002009-08-19T08:04:05.684-07:00Words like "hyperinflation" get bandied ...Words like "hyperinflation" get bandied about without our knowing much about their meaning, or the conditions these words are meant to imply.<br /><br />The economy has suffered massive damage. The damage is ongoing. This damage is not just to money and banking.<br /><br />The damage is to the structure and function of how all the pragmatic fixes of humankind have been fit together by a mundane and unnoticed history of "progress", -fixes that were meant to address recurring, smaller, temporarily addressible problems that ultimately led to this collapse.<br /><br />It is the tenuous sum of the imperfections of every pragmatic fix (because pragmatic fixes are inherently imperfect) that cause depressions. The number of these imperfections are nearly infinite, -just as they are unaddressible by any human intellect.<br /><br />Now, -this depression is the collapse of all these pragmatic fixes, as are all depressions. <br /><br />And this collapse is ongoing regardless the government's efforts.<br /><br />In the analysis of many -looking at a whirlwind of ongoing destruction- the government's efforts are about as effective as what we might expect would happen, if the government sent out a brigade of soldiers to do rescue and recovery missions in the midst of the height of a hurricane.<br /><br />The brigade of rescuers would themselves become missiles hurled by the high winds of a hurricane at its height.<br /><br />Getting back to hyperinflation: hyperinflation would be the natural result of government throwing too much money -at too few goods.<br /><br />The government in its attempt to fight this hurricane has put more money into the marketplace.<br /><br />This money flood does not however, re-employ the people who once worked in the businesses that supplied the goods in the marketplace.<br /><br />So, to understand hyperinlation, -we must understand, hyperinflation is as much caused by a flood of money -as it is caused by a shortage of goods in the marketplace.<br /><br />The world is no longer capable of supplying its own needs in the marketplace -because the destruction of the structure of the collection pragmatic fixes that existed before the depression -has been so great.<br /><br />The extent of the damage is what makes of it, -a depression.<br /><br />A depression is not a phenomena that lends itself to the pragmatic fixes of mortal men.<br /><br />A depression is a phenomena that is created by the pragmatic fixes of mortal men.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-48350775515912721552009-08-18T20:21:56.518-07:002009-08-18T20:21:56.518-07:00Recent Data Show Risk to U.S. Properties Stands at...Recent Data Show Risk to U.S. Properties Stands at over $3 Trillion<br /><br />http://www.americanbankingnews.com/2009/08/18/recent-data-show-risk-to-u-s-properties-stands-at-over-3-trillion/<br /><br />Yup obama 08=DEPRESSION 09 not just a bumper sticker anymore!Mysteryhttps://www.blogger.com/profile/15487885623049116291noreply@blogger.com