paulsjj

Velocity of U.S. Money Supply Is Finally Edging Up

About 1% of the recent GDP growth was the real economy, the rest was government spending. IMO we are looking at government money velocity not real economy money velocity.

Are Negative Yield Money Funds Next?

One of these days 6 to 10 real solvent and secure banks will get together and form an organization composed of safe and secure banks. They will each put in a significant amount of start up money. They will devise criteria that will define other safe and secure banks. They will hire auditors and forensic accountants, and compliance experts. They will have their own shops audited for safety, solvency, compliance. and transparency. Other banks can join the organization after being put through the safety, solvency, compliance, and transparency wringer. They will pay a large annual fee to join the organization after being certified by the organization for safety and solvency. Membership will be public so that people will know where to put their money. The organization will be completely separate from any and all levels of government.

Capitalism Is for the Other Guy

The new Aristocracy: the Aristocracy of Pull, Naked Power , Influence, & Corruption...

Ticking Away: The Inflation Time Bomb

FDR said that "we owe itto ourselves". We have representative governmentg. What this means that the Government borrows and prints the money that congress (our representatives) spend and we have to pay fore it in taxes, inflation, and lost purchasing power. The 0 t0 0.25% Federa; Funds Rate is riping off our savings. Are we dumb or what???

A New Economic Indicator?

Your handle says it all...


On Nov 05 11:48 AM Witchy wrote:

> Two lists.
>
> A few people, in mostly random order, who in the past contributed
> much to how we are, who we are, some of our best and brightest, all-time
> most-interesting: Thales, Sophocles, Socrates, Moses, Buddha, Confucius,
> Jesus, Leonardo, Michelangelo, Shakespeare, Copernicus, Galileo,
> Edw. Jenner, Darwin, Dostoevsky, Einstein, Heisenberg, T. Edison,
> Rachel Carson, Roberto Bolano ...
>
> A few people, in mostly random order, currently active and important
> to how we are, who we are, among our best and brightest, most interesting:
> E. O. Wilson, J. Lovelock, Obama, Bernanke, Gore, Jobs, Gates (both),
> Buffett, Branson, Soros, P. Roth, J. Gray, and many more ...
>
> Question: are, were, would any of them be, gun-obsessed?
>
> The gun-nuts are among the lowest of us, those who have the least
> to contribute ... Our Neanderthals ...

Gold Fever Spreads to India

Let us know when India sells 200 Tonns of Gold...that indeed would be news. I doubt if the world will ever see that gold again.

The Current Baseline Scenario for the U.S. Economy

Funny money...Funny GDP...Funny economy...Funny politics...Funny unemployment...etc. Not so Funny.

When Will the Dollar Snap-Back?

Sombody has to buy the stuff...that my beome problematic.


On Oct 17 07:41 AM LilBob wrote:

> I don't know if I'd use the term "snapping back" but there will clearly
> be a "race to the bottom" in terms of currency valuations as the
> US is still the ultimate market for many consumer goods. Don't forget
> that much of China's wealth came from them supplying goods for our
> K-Mart, Wal-Mart and Target stores. Without US discount retail to
> use as an economic crutch the Chinese will have a much harder time
> managing economic growth, and they will do everything they can to
> keep the Yuan relatively weak. The US is still a leading producer
> of high end technology goods-such as manufacturing control systems
> and medical imaging equipment-and high end consumer goods-premium
> apparel, boats, riflfes, etc.-advanced manufacturing countries like
> Germany and Norway are also likely to attempt to manage some deflation
> of their currencies so as not to be priced out of competitiveness
> in those markets.

The Yin-Yang of Deflation and Inflation

The yin & yang symbol is boundried by an endless circle. We the people are the circle. As long as we continue reduce our spending of our real $'s blessed by our time, effort , and ability we favour yin...and can drive out speculation and corruption. The bailouts short circuit the process and favor the anointed at our expense.

Government's Economic Strategy: Cover Up How Bad Things Are

There is no institution available to investigate, prosecute or redress the massive fraud... scary.

History of the Dollar's Devaluation

I would be happy to buy American if I could find anything made in the USA.
BTW why is the purchasing power of the $ a secret.


>overwhelming majority of Americans who buy American-made products in America, your dollar will be worth just as much tomorrow as it is today<

Faber, Rogers, Dent and Celente: Collapse Dead Ahead

Every week Barrons Magazine reports a PE for the S&P500 in the 130's based an reported earnings. This is in the Indexes and PE's box of their Market Labratory.

Better than Expected Q2 GDP Numbers: Part II

The G part is government spending. Why isn't the metric Net G used G income -G spending. This would give a different picture.

If the GDP is shrinking marginally faster than the PCE the PCE will look etter than it really is.

The fact is we are not growing.

Liquidity Crisis Increasing: Actions Speak Louder than Words

It isn't money until its lent out and used in some form of enterprise.

Taleb Questions Talent of Wall St. Analysts

How did they become megabanks? They do the work of the Fed and the Treasury. Its a mistake to assume an adversary relationship. They work together.


On Sep 27 12:29 PM john s. gordon wrote:

> the only real talent the megabanks have is plundering the u.s treasury
> to pay bonuses to their fat-cat executives who drive the firms into
> bankruptcy.