Lawn Care Business Forum Lawn Care Business Book Lawn Care Business Blog Lawn Care Software
Home Forum Contract & Flyer Templates Blog Software Videos Podcast Calculators / Estimators Store Mower Review Design It Yourself Lawn Business School

Go Back   GopherHaul Landscaping & Lawn Care Business Marketing Forum > Lawn Care, Landscaping, and Property Management Forums > General Talk

General Talk If it doesn't fit anywhere else, post it here.

$3.8 trillion budget


General Talk

If it doesn't fit anywhere else, post it here.
Reply
 
Thread Tools Search this Thread
  #11  
Old 02-03-2010, 01:51 PM
SuperiorPower
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Steve View Post
Will inflation ultimately be the answer? If the government keeps printing money, the value of it is less and therefor the debt is less?

Do you think this will be the way it goes?
No. I think and absolutely believe the more money we print, the more we will have to pay. Consider this. You buy a house for $150,000 and then they print a lot of money. The dollar value goes down to half of what it was before. On the Gold standard, before the money was printed, you house was worth XX amount of ounces of gold. Now it is still worth XX amount of gold. But in cash, your house is now worth $300,000. At least this is the way I understand it.

I have heard say that gold and oil stay the same relative value when compared to each other. They may fluctuate slightly, but stays relatively the same, no matter what currency does. Example: when Gold was about $1,000 per ounce oil was about $100 per barrel. I was told they generally stay like that, about 10 to 1.

Inflation is simply (at least the way I understand it) that we say things are worth more and more and more. Essentially what we are doing is making the dollar worth less. If my house was worth $100,000 4 years ago, but now sells for $125,000, despite me making no improvements to quality or curb appeal, it is simply due to the inflation. Bottom line is, I have not increased my homes quality or physical worth, but it sells for more. Where is the difference? The dollar is now worth less than 4 years ago. Though in reality, 4 years ago when I bought my house, it was likely worth more than it is now, but that is simply due to the economy. So physical property values and the gold standard do not completely adhere to each other.

Any thoughts or clarification anyone? I am not sure I understand this correctly.
Reply With Quote

Stop guess-timating. Learn how to estimate and make money! $$$
Mow Time Estimator Lawn Care Price Estimator Mulch and Topsoil Calculator Snow Plow Estimate Calculator


  #12  
Old 02-03-2010, 02:08 PM
swstout's Avatar
swstout swstout is offline
Steve
 
Join Date: Jan 2009
Location: Canastota, NY
Age: 65
Posts: 1,082
Rep Power: 7
swstout is on a distinguished road
Default I think it's worse

Lawn care business tipsLawn Care Business Book
I think it is worse than that! According to the CBO (Congressional Budget Office), under the current budget $0.42 of every $1.00 spend by government is either borrowed or printed. This is a double hit to the economy. We are borrowing money with the prospect of repaying it with a diminished dollar.

If the new budget is passed, that means that almost $1.6 trillion will be either borrowed or printed! Incidentally, that is almost 2X the oft reported Bush Deficit Obama was supposedly saddled with.

Steve
__________________


Reply With Quote
  #13  
Old 02-06-2010, 04:00 AM
SuperiorPower
Guest
 
Posts: n/a
Default

Ok, so if I understand what you are saying this is what happens: we borrow $1.6 trillion, but if the dollar is worth only $0.50 on the $1 (of its current value) when we go to repay, we would actually have to repay $3.2 trillion?
Reply With Quote
  #14  
Old 02-06-2010, 09:41 AM
swstout's Avatar
swstout swstout is offline
Steve
 
Join Date: Jan 2009
Location: Canastota, NY
Age: 65
Posts: 1,082
Rep Power: 7
swstout is on a distinguished road
Default Without inflation

Quote:
Originally Posted by SuperiorPower View Post
Ok, so if I understand what you are saying this is what happens: we borrow $1.6 trillion, but if the dollar is worth only $0.50 on the $1 (of its current value) when we go to repay, we would actually have to repay $3.2 trillion?
$3.2 trillion if we don't have inflation and, many economists are predicting Super Infaltion.

Steve
__________________


Reply With Quote
  #15  
Old 02-07-2010, 04:18 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 35,740
Rep Power: 10
Steve has disabled reputation
Default

Quote:
many economists are predicting Super Infaltion
What causes Super Inflation and what are the results of it?
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
  #16  
Old 02-07-2010, 05:39 AM
swstout's Avatar
swstout swstout is offline
Steve
 
Join Date: Jan 2009
Location: Canastota, NY
Age: 65
Posts: 1,082
Rep Power: 7
swstout is on a distinguished road
Default Super or Hyper Inflation

[quote=Steve;64327]What causes Super Inflation and what are the results of it?[/quote]

Inflation is a sustained increase in the aggregate price level. Superinflation or hyperinflation is very high inflation.

Although the threshold is arbitrary, economists generally reserve the term to describe episodes when the monthly inflation rate is greater than 50 percent. At a monthly rate of 50 percent, an item that cost $1 on January 1 would cost $130 on January 1 of the following year.
 
What Causes Hyper Inflation

Usually, countries with hyper inflation have the following features

Large government debt, usually over 100% of GDP

Printing Money. To cope with meeting the debt, the government starts printing money. This decreases the value of existing money creating a multiplier effect where people lose confidence in money and keep demanding wage increases.
 
Reluctance / inability to deal with it. When Germany experienced hyperinflation in the 1920s it was not a phenomena they fully appreciated or understood. Their primary fear at the time was unemployment. They feared that unemployment could precipitate a Communist Revolution so they didn't want to do anything to reduce demand and possibly cause a recession.

Steve

__________________


Reply With Quote
  #17  
Old 02-08-2010, 03:35 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 35,740
Rep Power: 10
Steve has disabled reputation
Default

Quote:
When Germany experienced hyperinflation in the 1920s it was not a phenomena they fully appreciated or understood. Their primary fear at the time was unemployment. They feared that unemployment could precipitate a Communist Revolution so they didn't want to do anything to reduce demand and possibly cause a recession.
That is certainly interesting. And then look where it led!
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
$50 budget a month tiedeman Lawn Maintenance / Lawn Renovation 9 03-08-2007 10:33 PM
Customer with budget problems tiedeman Show Off - Picture Post - Photo Gallery 5 02-25-2007 04:09 PM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
leaf removal
tlf59263
04-15-2014 10:00 PM
Today 09:38 PM
by kslawn
3 113
this mower is driving me...
boog
Today 12:07 PM
Today 09:35 PM
by kslawn
1 49
REO calling
Dan Tanner
Yesterday 05:03 PM
Today 09:23 PM
by kslawn
7 151
Truck Signage
Dan Tanner
Yesterday 11:00 PM
Today 09:08 PM
by BelleCityLawn1
8 133
Help with weed liability!
Prolawnofchatt
04-15-2014 09:10 AM
Today 08:06 PM
by Prolawnofchatt
4 153
Pay per click advertising
roostertail
02-12-2014 07:26 PM
Today 07:11 PM
by yardrate
10 572
Looking for advice on a...
Tekeda1
04-13-2014 09:53 AM
Today 05:56 PM
by Tekeda1
15 296
What Fertilizer to Use?
acrajchel
04-07-2014 01:56 PM
Today 03:10 PM
by acrajchel
9 274
Instagram
Gerardo_Landscape
Yesterday 11:28 AM
Today 11:50 AM
by Steve
1 50
These are the days on...
ExtremeLawncareServices
03-22-2014 09:12 AM
Yesterday 08:26 PM
by ExtremeLawncareServices
30 982
Nationwide lawn care...
Billy Goat
04-15-2014 05:21 PM
Yesterday 07:35 PM
by stevef1201
8 165
Accepting credit cards,...
Darksteel
03-17-2014 08:01 PM
Yesterday 01:02 PM
by jymie
15 685
Trimec
acrajchel
04-15-2014 08:24 PM
Yesterday 11:10 AM
by Steve
3 80
Gopher Forum Discount!
BlackRain75
04-12-2014 10:44 PM
Yesterday 10:50 AM
by Steve
9 239
hello
NFrailey
04-15-2014 01:39 PM
Yesterday 10:48 AM
by Steve
1 71
Any greenhouse operators...
GoGreenerKS
04-15-2014 11:21 AM
Yesterday 10:43 AM
by Steve
3 94
Pricing a Mulch Job
dmcalpi
04-07-2014 02:16 PM
Yesterday 09:40 AM
by jymie
21 567
google earth
CDLAWNCARE
04-12-2014 03:24 PM
Yesterday 09:36 AM
by jymie
8 198
There has to be an...
CDLAWNCARE
04-14-2014 12:59 PM
04-15-2014 04:06 PM
by Dan Tanner
6 149
First Day Back!
BelleCityLawn1
04-09-2014 09:13 PM
04-15-2014 11:16 AM
by Steve
11 284
Mow America
stevegredler
04-13-2014 01:02 PM
04-14-2014 09:53 PM
by kslawn
5 169
Power Broom
acrajchel
04-14-2014 07:46 AM
04-14-2014 12:47 PM
by CDLAWNCARE
2 88
Say Hello !!!
Steve
03-19-2007 11:18 AM
04-14-2014 11:34 AM
by Steve
1,176 284,464
Equipment reviews
Greg'slawnandlandscape
04-09-2014 07:17 AM
04-14-2014 11:27 AM
by Greg'slawnandlandscape
13 390
Sulky and Turf Tracer
acrajchel
04-07-2014 01:44 PM
04-14-2014 10:51 AM
by Steve
8 288
Aerating Prices?
Dan Tanner
04-08-2014 03:16 PM
04-14-2014 10:31 AM
by Steve
13 395
Estimating help
acrajchel
04-11-2014 06:06 PM
04-14-2014 10:20 AM
by Steve
3 148
Lawn Renovation
stevef1201
04-11-2014 12:00 PM
04-14-2014 10:03 AM
by Steve
5 166
Need help bidding church...
GreenRidge Lawn&Landscape
04-07-2014 08:01 PM
04-14-2014 09:49 AM
by Steve
12 379
Hello all
Griff20114
04-12-2014 05:08 PM
04-14-2014 09:46 AM
by Steve
1 95
Step by Step Spring Lawn...
WarriorLawnscaping
04-10-2014 07:01 AM
04-14-2014 09:43 AM
by Steve
5 205
Jeff Cowden
jcowden
04-11-2014 07:27 PM
04-14-2014 09:39 AM
by Steve
1 93
Exmark Commercial 30...
Dan Tanner
04-11-2014 05:35 AM
04-14-2014 09:37 AM
by Steve
4 167
What Was Your Setup When...
superrman77
02-11-2014 10:53 AM
04-14-2014 08:04 AM
by acrajchel
21 1,545
Small guy time to get a...
googus
04-08-2014 08:16 AM
04-13-2014 07:18 PM
by A. Kulak Landscaping
9 302
Weekly vs. Bi-weekly
CDLAWNCARE
04-12-2014 01:48 PM
04-13-2014 06:03 PM
by kslawn
9 306
Weed ID help
TwinBrosLC
04-12-2014 10:39 AM
04-13-2014 07:40 AM
by stevef1201
4 142
Lexington, KY
acrajchel
04-07-2014 01:06 PM
04-11-2014 09:49 PM
by acrajchel
1 119
Food Plot Management
BlackRain75
04-11-2014 10:20 AM
04-11-2014 03:51 PM
by Steve
4 121
Estimating a job
acrajchel
04-08-2014 11:07 AM
04-11-2014 03:32 PM
by Steve
6 270
New Boomless Sprayer!
BlackRain75
01-03-2014 01:01 PM
04-11-2014 03:25 PM
by Steve
11 990
Hello....
SWFloridaLawns
04-10-2014 06:15 PM
04-11-2014 02:28 PM
by Steve
2 117
Truck, Trailer,...
hawthornelawncare
12-23-2011 12:01 AM
04-10-2014 10:33 PM
by ExtremeLawncareServices
78 24,985
Trading Accounts
goodtimez
04-09-2014 05:42 PM
04-10-2014 01:55 PM
by Steve
2 148
Grass that has...
erock289
04-09-2014 10:21 AM
04-10-2014 01:52 PM
by Steve
3 160
Prowrap Trimmer Engine...
Steve
05-24-2006 07:05 PM
04-10-2014 01:09 PM
by Steve
10 2,193
1st annual Easter egg...
Greg'slawnandlandscape
04-09-2014 06:58 AM
04-10-2014 01:07 PM
by Steve
1 107
Hello everyone
aceslawnandgarden
04-03-2014 06:54 PM
04-10-2014 01:06 PM
by Steve
9 364
Weed control programs
Mallard91
04-02-2014 12:25 PM
04-10-2014 12:56 PM
by Steve
6 329
homeowner vs...
GoGreenerKS
04-07-2014 10:54 AM
04-10-2014 12:52 PM
by Steve
8 277
» Popular Tags
2wd 4x4 advertisement article marketing birdscaping blower care charge christmas light service credit card customers echo exmark fall ferris financing flower bed for sale four wheel drive franchise gopherhaul gravely gravely 34" zero turn health holiday holiday decorating how much to charge installation invoice kansas city labor cost late lawn lawn care lawn care business lawn care business show lawn clarksville lawn service clarksville tn leaf cleanup lesco lighting brass outdoor lights llc llp marketing mowing mulch mulch price new and restored landscapes new buisness new business office management oil podcast promotion redmax scag seo snow sole proprietorship starting a business stihl subcontractor theft of services tips tree care unreasonable walk behind walker yard clarksville zero turn
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 10:39 PM.


(C) 2011 Riggs Publications - Terms of use & Privacy Policy

All times are GMT -5. The time now is 10:39 PM.

(C) 2011 Riggs Publications - Terms of use & Privacy Policy