Furlough estimate

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07-18-2020 | 04:38 PM

#1541

757operator

New Hire

Joined: Mar 2020

Posts: 8

Likes: 0

Quote:

Originally Posted by FXLAX

I don’t know what else to say.

^^^^^^^^^^THIS.^^^^^^^^^^^^^^^^^^>

Thank you EXLAX

07-18-2020 | 05:05 PM

#1542

ReadOnly7

Slam-Clicka

Joined: Dec 2019

Posts: 1,570

Likes: 85

Quote:

Originally Posted by 757operator

^^^^^^^^^^THIS.^^^^^^^^^^^^^^^^^^>

Thank you EXLAX

Trust me.......Luis has PLENTY to say, on every topic.

07-18-2020 | 05:21 PM

#1543

FAAFlyer

Gets Weekends Off

Joined: Dec 2012

Posts: 181

Likes: 0

Quote:

Originally Posted by Huell

LOL ... Did you even read the article? While de-emphasis of the Phillips Curve may change the way inflation is FORECAST it will not change inflation the way it hits your wallet. If you were around earning/spending money in the late 70s you would understand.

Nothing about printing money is free ... Let them print off enough to pay of the deficit and see what happens.

#wouldfeel3rdworld

Yeah, LOL! Funny stuff. If you can't comprehend the significance of this then I am wasting my typing.

07-18-2020 | 05:53 PM

#1544

Huell

777 - ret

Joined: Apr 2020

Posts: 863

Likes: 0

From: Waco CG-4 center seat

Quote:

Originally Posted by FAAFlyer

Yeah, LOL! Funny stuff. If you can't comprehend the significance of this then I am wasting my typing.

Your typing is wasted ... except that you are showing everyone your complete lack of comprehension in several areas.

My education was in Finance and Economics whatever that is worth. I haven't used it in a few years but I do still have somewhat of a grasp on the basics.

07-19-2020 | 02:08 AM

#1545

Huell

777 - ret

Joined: Apr 2020

Posts: 863

Likes: 0

From: Waco CG-4 center seat

Quote:

Originally Posted by FAAFlyer

Why would you be appalled as a taxpayer when federal money is being used to support businesses during a crisis? The federal government issues the currency it uses, taxes are not used for federal spending.

This must be a joke ... please tell me it is so. Sarcasm? Otherwise, if you really believe the statement, completely clueless.

07-19-2020 | 03:40 AM

#1546

SlickMachine

Gets Weekends Off

Joined: Jul 2011

Posts: 181

Likes: 0

Quote:

Originally Posted by FAAFlyer

This is why we can't have nice things any more.

07-19-2020 | 04:10 AM

#1547

YAKflyer

Line Holder

Joined: Jan 2007

Posts: 440

Likes: 14

From: 30 West

Quote:

Originally Posted by Huell

This must be a joke ... please tell me it is so. Sarcasm? Otherwise, if you really believe the statement, completely clueless.

Perhaps the biggest reason for the inflation of the 70's was taking the currency off the gold standard in 1971. Regardless, it was not a fun time if one (me) was buying a house or other large purchase that required financing. If we use history as a lesson (which too often our leaders fail to do) clearly printing money is a train wreck about to happen to the economy.

07-19-2020 | 05:29 AM

#1548

Huell

777 - ret

Joined: Apr 2020

Posts: 863

Likes: 0

From: Waco CG-4 center seat

Quote:

Originally Posted by YAKflyer

Absolutely true ... spending on the continued war and then the oil crisis and other things all played a part. Didn't buy my first house until 1982 ... 13% interest? I think. Actually came out ok on the house when sold the house 2 years later. Interesting times but certainly different challenges now.