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dnpvd51

dnpvd51
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  • Google Will Eat Microsoft's Lunch [View article]
    Then you go on to list some real world examples to show it is possible which reminds me of Linux and the horrible experience ( for the consumer ) that is.

    ______________________...

    Horrible experience with Linux. People love their Chromebooks. What are you talking about?
    Jul 5, 2013. 05:08 PM | Likes Like |Link to Comment
  • QE: There's A Problem With The Transmission [View article]
    What is the price the FED is paying for MBS? How much are they spending in brokerage fees?

    How much money are the primary dealers making here?
    Jul 5, 2013. 05:00 PM | Likes Like |Link to Comment
  • QE: There's A Problem With The Transmission [View article]
    Right,

    Is the FED really creating value sending mega tons of cash to the Wall Street bankers that should have went bust. And why was the FED sending gazillions to overseas banks?

    How much value did the FED create when they caused the market to crash by keeping rates too low for too long after 2001?

    It is at best debatable whether the FED creates value. I don't think enriching Wall Street bankers creates value for the rest of us.
    Jul 5, 2013. 04:58 PM | 1 Like Like |Link to Comment
  • Google Will Eat Microsoft's Lunch [View article]
    What about Chromebooks?

    These can easily run on Android also I would guess.
    Jul 5, 2013. 11:45 AM | Likes Like |Link to Comment
  • Barrick Gold Prospects And Problems [View article]
    It is my experience that these shareholder lawsuits hurt the shareholders and enrich the lawyers.

    I wonder if I can sue the lawyers for costing me money here?
    Jul 5, 2013. 01:56 AM | 1 Like Like |Link to Comment
  • Barrick Gold: Is Pascua-Lama A Company Breaker? [View article]
    Isn't the company trading well under book value?

    So certainly much of the bad news is baked into the stock price.
    Jul 5, 2013. 01:22 AM | 1 Like Like |Link to Comment
  • QE: There's A Problem With The Transmission [View article]
    Jason,

    Are you trying to claim that FED actions don't transfer wealth?
    Jul 5, 2013. 01:03 AM | Likes Like |Link to Comment
  • Peter Schiff Has It Totally Backwards - Gold Is Not Going 'To The Moon' [View article]
    Do you know that in 2000 the price of NG more than doubled in less than two months?

    I just bought Bill Powers book on NG. I suggest you give it look.
    Jul 4, 2013. 01:28 AM | Likes Like |Link to Comment
  • QE: There's A Problem With The Transmission [View article]
    As for "what happens when prices crashes (sic)", the Fed holds its MBS and Treasuries, which continue to pay principal and interest as contracted, and its funding cost for that position continues to be rock bottom. Since it isn't selling them before maturity, it doesn't have to care a lick about what happens to their market prices. The answer to your question, therefore, is "just about nothing". Some yellow journalists will allege doom, no doom will ensue. That's it.

    ______________________...

    And what happened to the price of the FED assets now that yields have risen somewhat? How can the FED claim a profit when the price of their portfolio is declining?

    And what happens if/when yields really start to rise?
    Jul 3, 2013. 02:51 PM | Likes Like |Link to Comment
  • QE: There's A Problem With The Transmission [View article]
    Um, you can't shift wealth away from those who don't own assets. By definition, they have no wealth to shift. Please try to be coherent in your wild populist allegations.
    ______________________...

    Your statement is false and easily refuted on many levels.

    First of all, the poor have income and it is this income that is stolen.

    Second, the FED does not produce wealth, so when the FED has a policy of raising the price of an asset, this can only be done by taking from somewhere else. It is a zero sum game.

    I could go on and on here, but your point makes no sense.
    Jul 3, 2013. 02:40 PM | Likes Like |Link to Comment
  • QE: There's A Problem With The Transmission [View article]
    Why did we need to prop up asset prices?

    So we could shift wealth away from those that don't own assets to those that do?
    Jul 3, 2013. 12:38 AM | Likes Like |Link to Comment
  • QE: There's A Problem With The Transmission [View article]
    I hope that you are kidding about the FED making a profit.

    We are all paying more at the grocery store and everywhere else to pay for this profit. And the profit is illusory since the FED is paying top dollar for CRAP MBS and too much for treasuries.

    What happens when the prices crashes.
    Jul 2, 2013. 06:29 PM | 1 Like Like |Link to Comment
  • QE: There's A Problem With The Transmission [View article]
    How is the FED going to shrink this enormous ocean of money?
    Jul 2, 2013. 01:28 AM | Likes Like |Link to Comment
  • Is QE Deflationary? A Conjecture [View article]
    If we compare decade over decade it is hard to find anything that did not rise in price faster than the CPI.

    This pretty much proves that the CPI is a fantasy number.
    Jul 1, 2013. 08:34 PM | Likes Like |Link to Comment
  • If You Support Private Banking, You Support Government Subsidized Banking [View article]
    I don't believe that GE would have shut down as they actually make things that people need.

    Perhaps Goldman Sachs would have had to shut down, and good riddance.
    Jul 1, 2013. 01:44 PM | 1 Like Like |Link to Comment
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