# So where's the inflation, fucktards?

**URL:** <https://boards.straightdope.com/t/so-wheres-the-inflation-fucktards/546932>\
**Category:** The BBQ Pit\
**Created:** [July 16, 2010, 4:40pm UTC](https://boards.straightdope.com/t/so-wheres-the-inflation-fucktards/546932 "2010-07-16T16:40:23Z")\
**Posts on this page:** 2\
**Page:** 4

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**Author:** ![Damuri\_Ajashi](https://avatars.discourse-cdn.com/v4/letter/d/898d66/32.png) [@Damuri\_Ajashi](https://boards.straightdope.com/u/Damuri_Ajashi)\
**Post date:** [July 21, 2010, 5:26pm UTC](https://boards.straightdope.com/t/so-wheres-the-inflation-fucktards/546932/61 "2010-07-21T17:26:41Z")

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> [@gonzomax](#):
>
> I am not convinced it has really turned at all. It is not because the stimulus did not work, it did. It was just not large enough to turn things around.  
> Small businesses are where hiring occurs. The banks will not shake loose the tax money the government gave them to get the economy working. Obama can not force them to do the right thing.  
> It is not too late to take over a bank or two and get the economy moving again.The banks have no interest in helping the economy as long as they are guaranteed to be able to make lots of money without the risk of lending to small business.

The economy has definitely turned. It was heading straight down and now its got its good months and its bad months but its not heading straight down anymore.

Banks are borrowing money from the discount window at 1% and buying 2% treasuries with them. But access to credit is not the most important factor for most businesses as fara as I can tell. According to participants in the recent small business conference in DC they are far more concerned about demand than lending.

Think back over the last two or three years, I bet you’ve been buying more from large retailers rather than small retailers because teh alrge retailers have more pricing power. They can squeeze their small business suppliers and pass on savings to consumers. When demand is higher, they can’t get away with this.

There may be a liquidity problem in mortgage lending but the piquidity problems in small business lending is not the bottleneck that some people think.

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**Author:** ![gonzomax](https://avatars.discourse-cdn.com/v4/letter/g/e8c25b/32.png) [@gonzomax](https://boards.straightdope.com/u/gonzomax)\
**Post date:** [July 21, 2010, 7:12pm UTC](https://boards.straightdope.com/t/so-wheres-the-inflation-fucktards/546932/62 "2010-07-21T19:12:15Z")

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[http://www.mcclatchydc.com/2010/07/12/97368/fed-chief-to-banks-find-a-way.html](http://www.mcclatchydc.com/2010/07/12/97368/fed-chief-to-banks-find-a-way.html) Actually not getting lending is hurting small business. Bernanke is trying to force banks to lend and Obama has called them out. They still resist. The banks may have fucked up the economy but the don’t feel any responsibility to help fix it. They have to be taken over until we get things working again.

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