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ammo update

Discussion in 'California Flyway Forum' started by Flyfisher, Apr 14, 2021.

  1. Goosekiller

    Goosekiller Senior Refuge Member

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    Should never have had to print anything, because the economy should have never been locked down. Humans have been living with viruses since the dawn of time. All the government did was make people lazy. Now there are help wanted signs everywhere. People are refusing to go to work.
    A healthy economy is an economy that can purge itself now and again.
     
  2. Ajnorcal

    Ajnorcal Senior Refuge Member

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    I agree, however even without lockdowns we would’ve seen a huge drop because people would have stayed at home on their own to a large degree. Mobility data showed people were staying home more long before orders were put in place to do so. We still would’ve seen a significant crash.
     
  3. mikey

    mikey New Member

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    idaho
    i am haveing a hard time fineding 9mm snake shot here in idaho
     
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  4. Goosekiller

    Goosekiller Senior Refuge Member

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    Yes the scared azz people, mostly liptards would have hidden in the basement. Would there have been a recession, yes probably, but economies have to purge themselves. If the government keeps intervening, it's only going to cause a much larger crash in the future.
     
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  5. chubby

    chubby Elite Refuge Member

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    The government is making people non productive. I tried to hire a new guy but he told me the unemployment was too good to give up. Between the unemployment and the stimulus check he would be making a little less for doing nothing. Typical of the democrats.
     
  6. Wood-Dro

    Wood-Dro Elite Refuge Member

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    If that's the least of your ammo problems you're doing quite well....
     
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  7. Jim Dandy

    Jim Dandy Elite Refuge Member

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    It's Still "We The People", right??
    My magic 8 Ball has yet to steer me wrong. Happy Happy Happy everyday.

    Dandy
     
  8. Wood-Dro

    Wood-Dro Elite Refuge Member

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    Throw in some universal basis income, a cell phone, and they will most likely never work again, ever. An entire generation of socialist reliant sheep. Yaaaaa mediocracy!
     
  9. letmwurk

    letmwurk Elite Refuge Member

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    To get high rates of inflation you need both 1.) an expansion in the supply of money AND 2.) an increase in the velocity of money. Money supply growth and the inflation rate have historically been inversely correlated as seen here:

    [​IMG]

    Go back to my example of the fed printing $10 trillion and consider two scenarios. First, the fed buries the newly printed money into the ground. Alternatively, the fed takes the $10 trillion and sends everyone in the country a check for $30,000 that MUST be spent within a week or they lose it.

    Under the first scenario there is no impact on inflation. But under the second scenario hyperinflation would likely result as the new money quickly enters the economy and overwhelms the productive capacity of the economy. Historically the supply of money and the velocity of money have been inversely correlated. Right now the newly added supply of money isn't doing much (kind of like burying it). To get high inflation the money sitting there needs to get spent. So people need to lower their savings rate sharply (has been at an all-time high over the past year), more loans need to be made (loan growth has been slow over the past year), and having the treasury spend the $1.6 trillion they have on account at the fed (half of the expansion in the money supply the past year).

    I'm not arguing that there won't be inflation because I don't know with any certainty. There are a whole bunch of variables that need to all go in one direction when historically as M2 expands they've gone in the other direction. Some of those variables are based upon individual's collective actions that are based on the psychology of the individual thereby making forecasting their actions very difficult. That's why I highlighted your statement insinuating it was a certainty there will be mass inflation. Neither of us, or anyone else, know for certain we will experience higher inflation in the near term.
     
  10. marsh-mello

    marsh-mello Elite Refuge Member

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    I'm sure you know all this because of that political affiliation box you have printed out on your job applications....rrrrright!
     

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