Comments on John Makin's articles Comments on John Makin's articles RSS Syndication from SeekingAlpha.com http://seekingalpha.com/author/john-makin/articles John Makin: The Fed's Dilemma http://seekingalpha.com/article/81141-john-makin-the-fed-s-dilemma?source=feed#comment-185582 185582 Sat, 14 Jun 2008 14:04:19 -0400 U.S. in 2008: A Chance to Learn From Japan's Lost Decade http://seekingalpha.com/article/66274-u-s-in-2008-a-chance-to-learn-from-japan-s-lost-decade?source=feed#comment-120516 120516 Fri, 29 Feb 2008 01:10:51 -0500 U.S. in 2008: A Chance to Learn From Japan's Lost Decade http://seekingalpha.com/article/66274-u-s-in-2008-a-chance-to-learn-from-japan-s-lost-decade?source=feed#comment-120231 120231 Thu, 28 Feb 2008 12:00:49 -0500 U.S. in 2008: A Chance to Learn From Japan's Lost Decade http://seekingalpha.com/article/66274-u-s-in-2008-a-chance-to-learn-from-japan-s-lost-decade?source=feed#comment-119849 119849 Wed, 27 Feb 2008 15:07:23 -0500 Fiscal Stimulus Package Won't Avert the Recession http://seekingalpha.com/article/62462-fiscal-stimulus-package-won-t-avert-the-recession?source=feed#comment-114198 114198 Sat, 02 Feb 2008 07:49:12 -0500 DG/PCE has hit a new low, dropping below previous recessions.
ND/DG keeps rising, absorbing Discretionary Income.

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Fiscal Stimulus Package Won't Avert the Recession http://seekingalpha.com/article/62462-fiscal-stimulus-package-won-t-avert-the-recession?source=feed#comment-114126 114126 Fri, 01 Feb 2008 16:30:54 -0500
The short/long term solution is to dissolve the FED and the fiat money system. The FED's misuse (abuse) of credit is the cause of every recesssion/depression and the source of all global financial problems.]]>
Fiscal Stimulus Package Won't Avert the Recession http://seekingalpha.com/article/62462-fiscal-stimulus-package-won-t-avert-the-recession?source=feed#comment-114095 114095 Fri, 01 Feb 2008 13:27:46 -0500 Fine in 2009 (Not So Great in 2008) http://seekingalpha.com/article/59537-fine-in-2009-not-so-great-in-2008?source=feed#comment-114078 114078 Fri, 01 Feb 2008 12:37:20 -0500 Fiscal Stimulus Package Won't Avert the Recession http://seekingalpha.com/article/62462-fiscal-stimulus-package-won-t-avert-the-recession?source=feed#comment-113913 113913 Thu, 31 Jan 2008 17:24:50 -0500
Commercial Banks as a system don’t loan out anything. They create money when they make loans

Money creation is not self-regulating

You can’t take money out of the banking system (only the FED can)

Savings transferred through the intermediaries never leaves the CB system. The intermediaries are the customers of the CBs.

Savings held within the commercial banking system are lost to investment or to any other type of expenditure.

From the standpoint of the economy the banks shouldn’t pay for something they already have. Payments on CB savings raise all interest rates, induce disintermediation among the financial intermediaries, shrink real-gdp, & decrease CB profits.

The short-term & long-term solution to our non-bank problem is to get the money creating depository institutions out of the savings business. This would vastly increase real-gdp & vastly increase commercial banking profits.
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Fine in 2009 (Not So Great in 2008) http://seekingalpha.com/article/59537-fine-in-2009-not-so-great-in-2008?source=feed#comment-109550 109550 Thu, 10 Jan 2008 19:27:23 -0500
With Government intervention, this downward spiral should be resolved in 12 years. It's an election year, and yes our mental midgets wanting to be a President will promise everything. Keep in mind that one person caqn not make a difference without the support of the House of Reps and Senate. It's a system of Checks and Balances, and Our system of Government does not allow for a Dictatorship, where a single person can "fix" anything.]]>
Why Do Financial Firms Take Too Much Risk? http://seekingalpha.com/article/56370-why-do-financial-firms-take-too-much-risk?source=feed#comment-104221 104221 Wed, 05 Dec 2007 18:10:24 -0500 Why Do Financial Firms Take Too Much Risk? http://seekingalpha.com/article/56370-why-do-financial-firms-take-too-much-risk?source=feed#comment-104147 104147 Wed, 05 Dec 2007 10:57:15 -0500 Why Do Financial Firms Take Too Much Risk? http://seekingalpha.com/article/56370-why-do-financial-firms-take-too-much-risk?source=feed#comment-104136 104136 Wed, 05 Dec 2007 09:48:25 -0500 Expecting Continued Dollar Weakness, US Recession http://seekingalpha.com/article/48861-expecting-continued-dollar-weakness-us-recession?source=feed#comment-97804 97804 Fri, 05 Oct 2007 16:49:15 -0400 Expecting Continued Dollar Weakness, US Recession http://seekingalpha.com/article/48861-expecting-continued-dollar-weakness-us-recession?source=feed#comment-97765 97765 Fri, 05 Oct 2007 10:39:00 -0400