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[–] CanIHazPhD ago 

Stop being retarded. The question isn't how it's easier to pick a gold nugget. the question is how that explains your conclusion that a long run growing and deflationary economy is only possible with easy gold nuggets to pick.

I already explained why a big increase in production leads to deflation and why the so called golden century had a boom in production due to abundance of resources. And I never said that's the only possibility, just that the explanation for that case is the abundance of resources. This also explains why it hasn't happened again nor in any other place.

This doesn't disprove my theory. There were simply not enough malinvestments to overcome growht opportunities.

Prove it.

Please find me a better source.

Show that the source has a problem first. Just because data doesn't fit your pre conceived ideas doesn't mean you can say "the source is wrong"

Even if it were true that's a lot better than what you're doing.

It is true, and it's not better.

Now this is completely disengenious. I know have the intellectually moral duty to disbelieve your claim about 1920-1946 given that interest rates rose from 1% to 4%+ from 2000 to 2007. Atleast I am not a lying coward.

Here it's a zoom on the period from 1952 to about the present, you can see spikes around 1988, 1994 and 2004, amongst a notorious downwards trend. Explain why the 2000-2007 period would be so different from the others, or why should we look at a small hike in a 3 year period (the hike happened between 2003 and 2006, from 2000-2003 it was actually a reduction) instead of the overall trend.

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[–] ForTheUltimate ago  (edited ago)

This doesn't disprove my theory. There were simply not enough malinvestments to overcome growht opportunities.

prove it

lol. What's there to prove? There was not enough recession as you claim.

Anyway I've looked over the data on FRED and I think I'm done here.

I'll just add a little [precision] which I don't think will make any difference for you anyway (even though it's the only excuse I can imagine for you).

I just did. The investments you caused into being [that would otherwise not be without your intervention] simply cannot be profitable at the higher interest, thus raising interest rates causes a recession.

Goodbye.

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[–] CanIHazPhD ago 

lol. What's there to prove?

Glad to see you realized your mistake.