wethereyet?'s Comments

The Deal's Getting Done, But Will It Work?

Sun, 28 Sep 2008 10:19:01 -0400

I wonder if David Merkel, whose opinion I respect, would tell me if he sees inflation as less of a threat here than deflation. I get a sense from the article that he does. If it remains the big fear then I hoard cash and keep my debt low, figuring cash will be king soon enough... Commodity prices will fall, and so gold would be something to stay away from, etc.
But at least until the government makes the hoped-for profit on this deal, isn't it massively inflationary? You are diluting the currency by a huge amount, correct? So my strategy for this would be opposite of what I just said, get out of dollars, probably into gold, etc.
I thought I knew what the enemy was a couple of months ago: deflation, and I was investing accordingly. Now I'm confused-- we seem to have hugely opposing forces at work here and I really don't know what to plan against-- a slowdown, or hyperinflation??

A Gigantic Buy - Cramer's Stop Trading! (9/23/08)

Fri, 26 Sep 2008 09:14:14 -0400

Thanks for the GME info--- the tide has clearly turned for young people who like video games: I believe a lot of them don't measure 'cool' or 'success' as young people used to. It's all about proficiency in the game, and hot rods and physical toys are taking a back seat for many, many <25 yr olds. Maybe I'm overstating, but have you observed 16 yr olds in action when it comes to video games? It's the future.

Buffett Enters the Fray

Wed, 24 Sep 2008 09:11:16 -0400

Hank: So I'll pencil you in for 5 Bill??
Warren: Oh, OK, OK.
Hank: For these terms, you know what this means right?
Warren: I have to do CNBC.
Hank: You bet. And Bloomberg, and CNN, and Oprah, and anyone else who will listen.....