Jimbob

4 Comments

ON: Fri Jun 13th 17:51 PM
Commented on:
Why Today Is Different From the Inflationary 1970s

One difference between now & the 1970's, the govt. has changed the calculation of inflation so that it is now significantly understated. So a comparison is like apples & oranges.
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ON: Fri Jun 6th 21:17 PM
Commented on:
Preparing for the Fall

We have only seen the tip of the iceberg recession and the market has not discounted it. Head for the exits. cash is king now!
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ON: Wed Apr 30th 08:34 AM
Commented on:
Has the Federal Reserve Become Too Powerful?

The Fed's primary focus has not been inflation and we are seeing the disastrous results. No doubt the fed has cut rates way too far. Looks like the 1970's all over.
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ON: Wed Mar 5th 12:12 PM
Commented on:
A Solution to the Mortgage Mess?

The problem is- who are all these people going to sell their unaffordible homes to?
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