WORLD OF LIES COMING UNRAVELED

by You Know 155 Replies latest watchtower beliefs

• 

  You Know

  Crazy Thinker:

  What a bunch of mumbo jumbo doublespeak crap! Where is your evidence of this???

  I do know what I am talking about. You don't. I follow the financial situation very closely and have for years. Nearly every week for the last couple of years, and particularly since 9-11, the money supply has been inflated by between 20 and 50 billion dollars per week. This last week was an exception, and may explain why the stock markets contracted so violently. Read the Credit Bubble Bulletin. It is updated every Friday afternoon. http://www.prudentbear.com/archive_comm_article.asp?category=Credit+Bubble+Bulletin&content_idx=13447

  INFLATION is about prices! Hello! And prices are not going up! Please explain how currency can be hyperinflated without prices going up!!!

  Prices are going up. Stock prices have inflated during the bubble years. Real estate, like I said, has doubled in recent 18 months or so. That is a form of inflation. Your Sesame Street definiton of inflation ignores the cause of inflation, the cause of which is the inflation of the money supply, which causes the currency to become worth less, and so it takes more money to buy something real. In the case of hyperinflation the currency becomes totally worthless due to its super abundance. / You know

  Edited by - You Know on 15 July 2002 20:32:25
• 

  Satanus

  Sock prices have inflated during the bubble years.

  Thank dog, i have enough socks to last me for a year. at least.

  SS
• 

  You Know

  English Muffin says:

  yes. It hadn't passed un-noticed. Most dubs are lying low right now. We do understand.

  That's silly. There's only two or three "Dubs" that even post here on any given day. Do you suppose that all three of us went on holiday to Europe simultaneously? / You Know
• 

  You Know

  I previously overlooked this comment where D8TA asks:

  Is there a scripture in YOUR bible that even indicates that attacks on the U.S. a sign of YOUR "end times"? Nope.

  Actually there is a considerable portion of prophecy that talks about the coming fall of the Anglo-American dyad. Other than Jehovah's judgments upon his own organization, prophecies directed against the last world power make up a significant aspect of the considerable volume of things which Jehovah himself says that he has held in reserve that will only be made public at the time his judicial decisions are executed. Besides, how would you know anyway? You previously mentioned that Revelation talks about people throwing their money in the street. It doesn't. Like most apostate Dubs you imagine that you are well-informed, but obviously you are woefully ignorant of what the Bible contains, and especially what remains concealed. / You Know
• 

  dubla

  yk said:

  What has changed in that situation? The answer is...nothing.

  this is complete nonsense. just because there are still troops on both sides protecting their borders does not mean "nothing" has changed. there are still possibilities of future conflict between the two nations (there proabably will be for years to come considering the dispute has lasted decades), no one is denying that, but plenty has changed "in that situation" as of late.

  first off, india withdrew its naval forces from pakistani waters, and opened up its airspace to pakistani commercial aircraft, reported as of june 17th >>> http://asia.cnn.com/2002/WORLD/asiapcf/south/06/17/india.pakistan/index.html

  as of june 17th, india had also ruled out the immediate possibility of war with pakistan, and indicated that there was no "perceivable" tension along the line of control. at that time though, india was still ruling out dialouge with pakistan over the disputed kashmir state due to the continued cross-border terrorism taking place. since then, even more has changed.

  as of june 18th, pakistan had moved its "extra" troops from the indian border back to the afghan border.........on june 20th, the indian defense minister reported that cross-border terrorism had decreased considerably, saying it had "almost ended", and as of june 28th, indian prime minister vajpayee had again entirely ruled out the possibility of war with pakistan and had for the first time opened up the possibility of talks with pakistan over the disputed state of kashmir. talks over the disputed state had previously been ruled out since july of 2001.

  for someone to say that "nothing" has changed "in that situation" just shows complete and utter ignorance (or an obvious attempt at deceit).

  aa

  Edited by - dubla on 16 July 2002 11:5:40
• 

  Crazy151drinker

  YOU KNOW/DUMBASS

  "Real estate, like I said, has doubled in recent 18 months or so. That is a form of inflation. "

  NO DUMBASS, that is called supply and demand. MONEY has not lost its value, people are just willing to pay more for houses! This is not inflation!

  http://william-king.www.drexel.edu/top/prin/txt/SDch/Ch3ToC.html

  Here is a link for your stupid ass to learn some economics.

  "Nearly every week for the last couple of years, and particularly since 9-11, the money supply has been inflated by between 20 and 50 billion dollars per week."

  Now this is just plain incorrect. As you can see from below, the total currency as of 7/31/00 was $540 Billion dollars. At your 20-50 Billion a week (They cant even print that much dumbass!) The current money supply would be anywhere from $2.62-$5.74 TRILLION! Sorry Dumbass but there is not that much money floating around.

  As of July 31, 2000, of the $539,890,223,079 in total currency in worldwide circulation, $364,724,397,100 is in the $100 denomination

  http://www.ustreas.gov/topics/currency/index.html

  Maybe, just maybe (I will give you the benefit of the doubt) when you say "the money supply has been inflated by between 20 and 50 billion dollars per week." you are talking about money created through loans and such. This is NOT inflation. In fact this ''money supply inflation" is the reason why you have a car and a house DUMBASS. Dont YOU KNOW anything about banking? Or did you pay for your shack in CASH?????

  Let me give a simple example.

  By Federal Law, all banks have to have 10% on hand for all the loans they give. So when you bought your shack for $50,000 the bank by law had to have $5,000 on hand in reserve. So the Banks loaned you $50,000 (thats $45,000 they didnt have) and thus created $45,000 (on paper anyways). This is called EXPANSION of the money supply not INFLATION. ONCE AGAIN inflation means that the value of the money goes down, not that the supply of money is increasing.

  So once again YOUR WORLD OF LIES IS UNRAVELING!

  Maybe you should stick to misquoting the Bible as YOU KNOW nothing about economics! What is your degree in anyways?????? DR. DUMBASS
• 

  Crazy151drinker

  "Stock prices have inflated during the bubble years"

  I see where your ignorance is coming from. You are confusing the words inflated and inflation. Yes, some stock were inflated:

  inflated Pronunciation Key (
  adj.

  1. Filled or expanded by or as if by gas or air.
  2. Unduly enlarged or aggrandized; swollen: an inflated estimate; an inflated ego.
  3. Full of empty or pretentious language; bombastic.
  4. Raised or expanded to abnormal levels: inflated wages.
  5. Hollow and enlarged: an inflated calyx.

  But this is not inflation:

  inflation Pronunciation Key ( n. The act of inflating or the state of being inflated. A persistent increase in the level of consumer prices or a persistent decline in the purchasing power of money, caused by an increase in available currency and credit beyond the proportion of available goods and services. So we see that you are getting confused with "Raised or expanded to abnormal levels" and "A persistent increase in the level of consumer prices." One is a noun and the other an Adj. but you seem to mix them up. But then again maybe your head is inflated.

  OH! One more, and this one describes you!

  idiot Pronunciation Key (
  n.

  1. A foolish or stupid person.
  2. A person of profound mental retardation having a mental age below three years and generally being unable to learn connected speech or guard against common dangers. The term belongs to a classification system no longer in use and is now considered offensive.

  Edited by - crazy151drinker on 16 July 2002 12:1:44
• 

  Crazy151drinker

  Dear DUMBASS/YOU KNOW

  I read your pretty little economic link. All it talks about is the basic economic cycle. NO DOOM AND GLOOM, NO WORLD IS GOING TO END mumbo jumbo that you so proudly preach. Things go down, things go up. But if you really think this is the end, why dont you sell your house and your car, give all your money to the Watchtower, and move into the KH! Well????? Practise what you preach YOU KNOW! Or is this 1975 all over again??........
• 

  You Know

  Crazy Drinker says:

  NO DUMBASS, that is called supply and demand. MO NEY has not lost its value, people are just willing to pay more for houses! This is not inflation!

  LOL. You dont have a clue do you? Heres a quote from a link I provided. "We measure real estate value in cash. As inflation reduces the spending power of dollars, apparent costs rise. In other words, $300,000 doesn't buy what it did a few years ago, therefore it costs more dollars to purchase what was a $300,000 home. Same property, same number of rooms, but as the value of the dollar declines with inflation more mini-dollars are needed for a purchase"

  http://realtytimes.com/rtnews/rtcpages/20020423_bubble.htm

  Now this is just plain incorrect. As you can see from below, the total currency as of 7/31/00 was $540 Billion dollars. At your 20-50 Billion a week (They cant even print that much dumbass!) The current money supply would be anywhere from $2.62-$5.74 TRILLION! Sorry Dumbass but there is not that much money floating around.

  You dont know what you are talking about. There are various descriptions of money. You are referring to what is called M1, which is merely cash and checking deposits.

  http://wfhummel.cnchost.com/moneysupply.html

  However, that is not all there is to it. M2 AND M3 are also forms of money that is not in currency. According to the Federal Reserve link I provided M3 has expanded by more than a trillion and a half-dollars just since the year 2000. Clearly you are clueless about how the system works.

  http://www.federalreserve.gov/releases/h6/Current/

  By Federal Law, all banks have to have 10% on hand for all the loans they give.

  Thats not entirely accurate. Click here and get yourself educated.

  http://www.frbsf.org/education/activities/drecon/2001/0108.html

  So when you bought your shack for $50,000 the bank by law had to have $5,000 on hand in reserve. So the Banks loaned you $50,000 (thats $45,000 they didnt have) and thus created $45,000 (on paper anyways). This is called EXPANSION of the money supply not INFLATION. ONCE AGAIN inflation means that the value of the money goes down, not that the supply of money is increasing.

  The two terms are interchangeable because the expansion of the money supply ALWAYS leads to inflation eventually, unless the money supply is contracted, which occasionally happens, but it is not easy when there is a hyper-expansion as has been the case in recent years.

  see where your ignorance is coming from. You are confusing the words inflated and inflation. Yes, some stock were inflated:

  No, you are the one confused as your next statement reveals, where you quote the Sesame Street authority on inflation saying: A persistent increase in the level of consumer prices

  or a persistent decline in the purchasing power of money , caused by an increase in available currency and credit beyond the proportion of available goods and services.

  Apparently it is beyond your mental grasp that inflating stock prices have anything to do with an expanding money supply. Sadly, you are apparently uneducable in these, and other matters, but are puffed up to the point where you are oblivious to your own ignorance. / You Know

  .
• 

  You Know

  Crazy Drinker muses in his inebriated state:

  I read your pretty little economic link. All it talks about is the basic economic cycle. NO DOOM AND GLOOM, NO WORLD IS GOING TO END mumbo jumbo that you so proudly preach. Things go down, things go up things go down.

  I don't think you are able to even comprehend what you are reading. The Credit Bubble Bulletin is not devoted to charting a "basic econmic cycle," as you suppose. Instead, Doug Noland brings his expert analysis to bear upon the issues having to do with the distortions within the global financial system as a result of credit excess---hence the name "Credit BUBBLE Bulletin.". As the title of this weeks article indicates, there is a growing SYSTEMIC crisis. Systemic is the opposite of cyclic. A systemic crisis means that the entire financial system is in danger of collapse because of the intergration that makes up a system. Obviously, that is not part of any business cycle that your Sesame Street economy class has indoctrinated you with. / You Know

  Edited by - You Know on 17 July 2002 22:7:46