The herd is with the inflation call... look no further than market action. Don't pretend to be contrarian when the facts are otherwise. Inflation is the debtors dream... and we have a lot of debtors in this country. Do markets typically like to reward the crowd? No.
Elliott Wave. Learn what patterns are really saying. They are waves of pessimism and optimism... modeled patterns of herding behavior and form. Fundamentals are the "snake oil" of the financial industry and the financial alchemy of lying CEOs. Fibonacci and the markets reflection of man's growth in the world. Consider this a special moment to learn the truth... elliottwave.com. Catbox.
M3: The Money Supply Sure Doesn't Look Like Deflation [View article]
Thanks for saying what needed to be said. Most posts don't realize this very important point. To increase money supply, you need a willing lender and willing borrower. Currently, that is pretty much limited to the FED and the US Govt (unwilling taxpayers). Eventually, we will hit a limit on that by the rise in interest rates due to fear of default, not inflation. Deflation wins for now.
On May 02 12:46 PM donbob wrote:
> Looking at M1, M2, or M3 in isolation could be misleading. If you > then look at the velocity of money in these categories and the money > multiplier, they are falling off a cliff. The money is being pumped > in, but going nowhere. This would indicate deflationary forces are > still in effect with inflation to occur at some time much farther > down the road.
Nice article... refreshing and on point. Now, if we can can just get some of these honest and intellectually-rooted journalists into MSM... nevermind, journalists have to "sell out" like politicians to write in MSM. Sad time in our nation's history.
The next bubble after bonds will be Gold? A "Gold bubble" is better stated as the "collapse of fiat currencies"... in other words, the ultimate bubble to collapse and drive us to the worst kind of deflation is the bursting of the fiat money bubble. Everything will grind to a halt because there will be no consistent means of exchange among the masses. Hopefully, this will not occur in our lifetime, but the FED seems to be accelerating us to that end.
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Latest | Highest ratedLook Who's Betting on Inflation [View article]
The herd is with the inflation call... look no further than market action. Don't pretend to be contrarian when the facts are otherwise. Inflation is the debtors dream... and we have a lot of debtors in this country. Do markets typically like to reward the crowd? No.
Head and Shoulders Rorshach Test [View article]
M3: The Money Supply Sure Doesn't Look Like Deflation [View article]
On May 02 12:46 PM donbob wrote:
> Looking at M1, M2, or M3 in isolation could be misleading. If you
> then look at the velocity of money in these categories and the money
> multiplier, they are falling off a cliff. The money is being pumped
> in, but going nowhere. This would indicate deflationary forces are
> still in effect with inflation to occur at some time much farther
> down the road.
Keynes vs. Von Mises [View article]
Serial Bubbles: Now It's Bonds [View article]