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dnpvd51

dnpvd51
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  • Austrian Economics Recipe For Disaster [View article]
    This austerity thing you are crying about was done to pay off politically connected banks.

    This is not Austrian economics.

    I think you mean the Iceland solution.
    Nov 3, 2013. 12:59 PM | 5 Likes Like |Link to Comment
  • Austrian Economics Recipe For Disaster [View article]
    In Greece, the banks were bailed out.

    You are basically apologizing for taking the wealth from the people and giving it to the banks.

    Why not let these reckless banks go bust?
    Nov 3, 2013. 12:43 PM | 9 Likes Like |Link to Comment
  • Lower WTI Oil Price Ahead [View article]
    Why invest in shale oil if you expect lower prices?

    That doesn't make sense.
    Nov 3, 2013. 12:27 PM | Likes Like |Link to Comment
  • The Fed's Crash Cooking Is Almost Done [View article]
    Either the dollar is going to crash or the stock market is going to crash.

    How can both possibly crash at the same time? If the stock market tanks, folks will rush to dollars and conversely if the dollar crashes folks will rush to the stock market.

    In conclusion, it is not smart to put all one's eggs in one basket and bet on a stock market crash. I expect the dollar crash to be the more likely outcome, but we can't rule out the market crashing either. Or perhaps one followed by the other.
    Nov 3, 2013. 12:34 AM | Likes Like |Link to Comment
  • Reality Check For Peter Schiff [View article]
    The problem with your analysis is your starting point. Compare commodities to ten to fifteen years ago and then show me your deflation.
    Nov 2, 2013. 03:59 PM | 1 Like Like |Link to Comment
  • Time For A Change In Monetary Policy [View article]
    Economics is a political science. The prevailing economic policy will tend to transfer wealth to the politically powerful.

    For example, our economic policy today transfers wealth to the Wall Street banks that own the politicians.
    Nov 2, 2013. 12:46 PM | Likes Like |Link to Comment
  • Reality Check For Peter Schiff [View article]
    Why don't you tell me where the wealth comes from to pay for the benefit of the mortgage interest deduction? Does it come from heaven?

    And there is FICA and medicare and businesses that pay taxes. ANd the more expensive houses pay property taxes. And so now the wealthy have more income to pay higher property taxes. I could go on and on here.
    Nov 2, 2013. 01:26 AM | Likes Like |Link to Comment
  • Reality Check For Peter Schiff [View article]
    Rabble,

    You summed up Schiff's arguments extremely well, perhaps better even than Schiff makes them.

    The Federal Reserve bond buying spree also adds to the chances for a very bad outcome here.
    Nov 2, 2013. 01:16 AM | 1 Like Like |Link to Comment
  • The Worrying U.S. Path Toward High Inflation [View article]
    Are you suggesting that I put myself on the board at Goldman Sachs?

    Most people are in no position to collect the lucre handed out by the FED and it is just absurd for you to make the claim.
    Nov 1, 2013. 10:19 PM | Likes Like |Link to Comment
  • The Worrying U.S. Path Toward High Inflation [View article]
    The Federal Reserve apologists here are full of bologna.

    I have a savings account. The Federal Reserve is stealing the value from my account and giving this value to its banking buddies. This is the basic concept.

    And now anybody that has savings must take inordinate risks to retain their savings. And the whole house of cards is very unstable. As we may either get hyperinflation. Or we will have the FED, probably with different folks at the helm, trying to stem inflation, and then the whole thing crashes.
    Nov 1, 2013. 09:44 PM | 1 Like Like |Link to Comment
  • Reality Check For Peter Schiff [View article]
    THere is zero social benefit for the mortgage interest deduction. This wealth must be transferred from somewhere.

    So it is sucking wealth from distressed areas and giving to the wealthy neighborhoods.
    Nov 1, 2013. 01:59 AM | 1 Like Like |Link to Comment
  • Reality Check For Peter Schiff [View article]
    You are not paying less than you were paying ten years ago for heat and electricity and low NG prices are a bit of an anomaly. Don't expect this to last

    You may be paying less than a few years ago.
    Nov 1, 2013. 01:45 AM | 2 Likes Like |Link to Comment
  • Reality Check For Peter Schiff [View article]
    Housing is as expensive as all hell. What are you talking about?

    You have to compare to the 80s and 90s.
    Oct 31, 2013. 02:26 PM | 5 Likes Like |Link to Comment
  • The Worrying U.S. Path Toward High Inflation [View article]
    Jason

    I wonder why the FED didn't think of this earlier. Here they can buy trillions in bonds, make profits and everybody sings ring around the rosie. How wonderful.
    Oct 30, 2013. 11:19 PM | Likes Like |Link to Comment
  • Your Thesis Needs To Be Falsifiable [View article]
    Your basic thesis is still correct. NG is underpriced and the NG producers are way overpriced.

    Bernanke money keeps the NG producers afloat. The pure NG producers are taking on tons of debt.
    Oct 29, 2013. 09:23 PM | 2 Likes Like |Link to Comment
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