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dnpvd51

dnpvd51
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  • Fannie Mae repays Treasury, and more [View news story]
    You don't see that your point about gold does not logically say anything about dollars?

    I give up. The bottom line is that our policy is stealing from savers to pump up the housing market and the bond market. Fannie and Freddie's profits are basically stolen from savers.(And there are plenty of very smart people that share this view. So it is not like it is out in left field).

    I enjoy reading mathematics and mathematical proofs. I was hoping to prove the above statements mathematically. But we have a guy that claims that value cannot be stolen because dollars don't hold value or some nonsense, well I give up.

    Now all the victims of Maddoff can just keep their shares and pretend that they were holding dollars instead. Then they would have had nothing stolen from them.
    Feb 28, 2014. 12:57 PM | 3 Likes Like |Link to Comment
  • Fannie Mae repays Treasury, and more [View news story]
    Jim,

    Apparently, your point is that gold goes up and down in dollar terms and yet there is nobody stealing the value of gold. The market is making this decision outside of any thieves.

    So if this happens in gold it must be true that dollars go up in down in value, and nobody is stealing the value of dollars. The market is making this decision.

    I am not so sure that your logic here is all that sound.

    Anyway, we have the Federal Reserve claiming that they can influence the value of dollars. The Federal Reserve openly claims that their policy targets the inflation rate. Further, since the interest rate on savings is clearly lower than the inflation rate, the Federal Reserve is implying that their policy of raising inflation will take from savers.

    So let me ask you how the Federal Reserve can increase the inflation rate without taking from savers?
    Feb 27, 2014. 08:33 PM | 2 Likes Like |Link to Comment
  • Fannie Mae repays Treasury, and more [View news story]
    I don't understand what the hell you are talking about.

    If a dollar has value over and above the paper and ink, it must be the exchange value.

    Why are your comments getting likes? We must have members of the Federal Reserve reading this stuff.
    Feb 27, 2014. 03:25 PM | 2 Likes Like |Link to Comment
  • Fannie Mae repays Treasury, and more [View news story]
    I read through your thing here. How is owning a dollar not owning an exchange value? The paper the dollar is printed on is not all that valuable.
    Feb 27, 2014. 02:34 PM | 1 Like Like |Link to Comment
  • Fannie Mae repays Treasury, and more [View news story]
    JasonC,

    You can make up your own definitions if you want, but value is clearly measurable. When the stock exchange opens tomorrow, the value of the securities will be measured in bid ask and settlement prices.

    The value of a currency is more abstract and more difficult to measure, but this does not take away the fact that the dollar has a value.

    Further it is obvious that the value of dollars in a savings account held at .1% interest is dropping and it is completely idiotic to suggest otherwise.
    Feb 27, 2014. 01:18 AM | 3 Likes Like |Link to Comment
  • Zacks' Bear Of The Day: Whole Foods Market [View article]
    It is misleading to claim that this stock is up 700%

    WFM was hammered five years ago but before that it was expensive.

    I shop here all the time. As long as they maintain their quality, I think this is a good one. Almost every good company is too expensive and some bad ones also.
    Feb 27, 2014. 12:22 AM | 1 Like Like |Link to Comment
  • Fannie Mae repays Treasury, and more [View news story]
    going short the dollar is a little bit complicated. The only way to do it really is to buy everything.

    Because if this thing goes up in price and this other thing goes down in price, you may take a big loss even though the dollar is actually losing.

    So it does not make sense to say one is short when one can take a big loss even though the dollar is losing value.
    Feb 26, 2014. 03:58 PM | 1 Like Like |Link to Comment
  • Fannie Mae repays Treasury, and more [View news story]
    JasonC

    Sorry, but you really don't know what you are talking about. But you do use a bunch of words to not say much of anything.

    Value is a physical measure just like temperature is a physical measure. I have no idea what you are trying to convey here.
    Feb 26, 2014. 02:40 PM | 3 Likes Like |Link to Comment
  • Fannie Mae repays Treasury, and more [View news story]
    One more point. People here are trying to make the argument that it is better for society to buy a house with the extra bedroom and fancy car rather than put the money in the bank. The bank can then loan this money out to productive enterprises.

    Most of economics is a bunch of BS. Certain policies are better for certain classes, and different policies shovel value over to other classes altogether. So most of economics is just BS justifications for taking a bigger share of the pie.
    Feb 26, 2014. 01:06 AM | 1 Like Like |Link to Comment
  • Cisco Vs. Apple Vs. Google: A Bond Market Battle [View article]
    Thank you

    I have been buying from the Treasury. I was wondering how the treasury arrives at their sales price.
    Feb 26, 2014. 12:45 AM | Likes Like |Link to Comment
  • Cisco Vs. Apple Vs. Google: A Bond Market Battle [View article]
    My problem with buying bonds is my broker charges too much spread.

    How much spread should be in these types of bonds? i take it that the larger the purchase the better the spread.

    Also on a treasury is a one buck spread completely out of line?
    Feb 26, 2014. 12:19 AM | Likes Like |Link to Comment
  • Fannie Mae repays Treasury, and more [View news story]
    Let us say that I buy another currency or hard asset with my dollars, and that asset price falls in the toilet while the price of everything else in the world starts rising like crazy.

    How is that a dollar short?
    Feb 26, 2014. 12:03 AM | 1 Like Like |Link to Comment
  • Fannie Mae repays Treasury, and more [View news story]
    It is all very simple. If today, we have x dollars in the world and the economy is growing, these dollars should become more valuable. If the economy is shrinking, obviously the dollars will become less valuable.

    Now I understand that we have fractional reserve currencies and all kinds of this and that, but the bottom line is that a dollar can only become less valuable if some entity takes the value.

    It is really very simple.
    Feb 25, 2014. 10:39 PM | 1 Like Like |Link to Comment
  • Get Out Of Bitcoin Now [View article]
    It is better to invest in the big banks and Fannie and Freddie. Then the government will bail out the losers.
    Feb 25, 2014. 08:11 PM | 1 Like Like |Link to Comment
  • Fannie Mae repays Treasury, and more [View news story]
    So instead of putting money in a savings account I can go on shopping spree at the mall?

    Further, capital naturally has a return. When banks pay less than the rate of inflation this value(return on capital) is going to some entity or other(not the saver).
    Feb 25, 2014. 01:57 PM | 1 Like Like |Link to Comment
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