Ryan Barnes

Uncle Ben Signals the End Game

Um, I take it that you are predicting further lows in the major indexes? Any predictions on GDP numbers or how stock prices should react? I don't get what the author is ultimately getting at.

While the modern U.S. economy is certainly service-based, the situation isn't nearly as dire as the author claims. Part of advancing is realizing that the U.S. shouldn't be making basic physical goods en masse. We innovate, then we export it to the world.

And why would the Fed need to buy up Treasuries? They're getting bid up just fine on their own. We're borrowing at a great rate, and earning positive cash flows from most of our "helicopter drop"....as with all things of course, only time will tell. This is still likely the worst recession since blah blah....

The Shallowest Generation

I'm amazed that so much time was put into writing something so cynical...everything in this piece is tainted with naughty adjectives and catch-all phrases, and large nominal figures by themselves only serve to scare people who don't understand the basics of inflation. While many of the facts presented here are accurate, the whole of the tone seems to negate the value of the individual pieces...