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dnpvd51

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  • Why Are Interest Rates So Low, Part 3: The Global Savings Glut [View article]
    I will refer you to the expert William Black:

    http://huff.to/1BYvzKa
    Apr 5, 2015. 08:39 PM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low, Part 3: The Global Savings Glut [View article]
    JasonC,

    I am really confused about your post. How does being critical of the massive bailouts have anything to do with "sore losers and resentniks." Or American capitalism for that matter?

    And I do not know what song that you claim that I have been singing since 2009, but I will grant that I have not been singing praises of the bailouts or the FED.

    And not many of the ones that predicted the last two crashes and who are also expecting another one were telling folks not buy stocks in 2009.

    You must have been hearing imaginary music.


    Apr 5, 2015. 08:37 PM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low? [View article]
    How does the wealthy owning assets imply that the wealthy benefit from high interest rates. As we see, low interest rates increase the price of assets. High interest rates will lower the price of assets.

    High interest rates also raise the value of the dollar which raises the cost of labor which benefits almost everyone outside the very wealthy.

    Low interest rates encourage debt slavery which is not quite reducing wealth disparity.
    Apr 5, 2015. 06:17 PM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low, Part 3: The Global Savings Glut [View article]
    Some people think that this inflated market is going to collapse, and then the FED will do QE4 and then the dollar will collapse. This will cause a loss of faith.

    We then have folks claiming this is impossible. Unfortunately, these are the very same people that claimed the last two crashes were impossible.
    Apr 4, 2015. 10:34 PM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low, Part 3: The Global Savings Glut [View article]
    Enriching suspected criminals with trillions of dollars might be good politics. And economic science is essentially political so you have another point.

    But is it a good idea?

    Why should we enrich a band of miscreants?

    And it is debatable whether we were saving the banking system. We were most likely saving the wealthy and well connected from losing a bunch of wealth.
    Apr 4, 2015. 07:03 PM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low? [View article]
    The FED is not an agency of the government. The FED is owned by the banks.
    Apr 4, 2015. 04:35 PM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low, Part 3: The Global Savings Glut [View article]
    If it makes you feel better, then you can claim that the massive bailouts were not political.

    I prefer to stay in reality.
    Apr 4, 2015. 03:46 PM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low, Part 3: The Global Savings Glut [View article]
    It is debatable whether everyone is richer than in 2009. If we measure in ounces of gold everyone is poorer. It is a fact that the very wealthy in 2000 are now quite often the very very wealthy.

    And if you added ten times your net worth after the crash, then you bet on the FED bailing out folks that deserved to go to jail. No political blinders at all. One needed to be in tune to politics to make such decisions. If the FED didn't create huge amounts of money out of thin air, good investing decisions would have been much different. Many banks should have went under and their executives should have went to prison.
    Apr 3, 2015. 11:47 PM | 1 Like Like |Link to Comment
  • Why Are Interest Rates So Low, Part 3: The Global Savings Glut [View article]
    JasonC,

    It is an undeniable fact that with all the QE and other FED nonsense the very wealthy became very wealthier.

    Certainly many of these big bank bond holders and executives deserved to lose a huge chunk of money on their reckless investments which caused a financial crash.

    According to William Black these banks were engaged in criminal activity

    http://huff.to/1BYvzKa

    Instead of going to jail, the FED gave these guys trillions of dollars.

    And now the FED and its apologists try to defend themselves with a bunch of words that do not really mean anything.
    Apr 3, 2015. 10:57 PM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low? [View article]
    Your logic here is flawed. Someone that borrows now must borrow more since prices rise on easy terms.

    We have given easy terms to students and look at the debt load that students carry. The housing market crashed from easy terms forcing folks to take on too much debt.

    Forcing more debt on folks is not really helping them.
    Apr 3, 2015. 06:57 PM | 2 Likes Like |Link to Comment
  • Why Are Interest Rates So Low? [View article]
    Low interest rates increase wealth disparity. The wealthy own the assets and thereby profit from low interest rates. The common guy is paid in money and is thereby cheated by low interest rates.
    Apr 3, 2015. 03:55 PM | Likes Like |Link to Comment
  • Google Taunts Microsoft With $149 Chromebooks [View article]
    Linux works and it is not watered down.
    Apr 3, 2015. 01:51 PM | 1 Like Like |Link to Comment
  • Why Are Interest Rates So Low? [View article]
    The FED is owned by bankers. The job of the FED is to defend the banks at the expense of the PEOPLE.

    Monetary policy can move value here and there, but it does not produce value.
    Apr 3, 2015. 01:49 PM | Likes Like |Link to Comment
  • Why Are Interest Rates So Low? [View article]
    Perhaps overpaying for trillions of dollars of bonds raised their price a little bit.
    Apr 2, 2015. 05:18 PM | 3 Likes Like |Link to Comment
  • Fed Funds Not So Easy: Major Implications For Stocks [View article]
    THere was no FED before 1913, so then you must be claiming that we had no interest rate before the FED.
    Apr 2, 2015. 04:07 PM | Likes Like |Link to Comment
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