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  • The U.S. Economy Is Producing Too Many Jobs [View article]
    This guy is a rambler, I agree. I wouldn't even have read the article except that I feel obligated to shoot down anyone who tries to advocate for less jobs. I almost take that personally.
    Apr 1, 2012. 12:30 PM | 1 Like Like |Link to Comment
  • The U.S. Economy Is Producing Too Many Jobs [View article]
    The stock market is not a good an indicator of economic health. The only thing that matters is jobs, production, and consumption. The stock market is rigged. If it weren't then it would be at 5000. Why? Because nobody has money, everyone is laden in debt, and the only thing people buy now is gas and food, which have gone up so high so fast that it boggles my mind. Everything else goes to paying off debt. I love how people ignore the reality of the world right out their window, but think the answers lie in theories, models, and systems. An economy is all about GDP. Ours is in the dumpster.
    Apr 1, 2012. 12:28 PM | 11 Likes Like |Link to Comment
  • The U.S. Economy Is Producing Too Many Jobs [View article]
    Your analysis is way off. The solution isn't to get rid of jobs, the solution is to bring industry and production back to the US. Getting rid of jobs to help the economy - that's just plain silly.
    Apr 1, 2012. 12:22 PM | 6 Likes Like |Link to Comment
  • Has Silver Topped Out? [View instapost]
    I'm happy to pay a premium on physical silver. 1st, I can spend physical silver. 2nd, the premium is like insurance against fakes and is like a brand name. If I offer you a blank silver round, you can't be sure it's real just by looking and feeling. If it's a Silver Eagle, we all know it's real. I'm happy to pay a premium for this. Also, I don't know where you get your coins, but I can name 10 places I can drive to that charge $2.50 over spot for SE's. Less if you buy a lot.
    Apr 1, 2012. 12:17 PM | Likes Like |Link to Comment
  • A Case for Divesting Dollars [View article]
    I have two problems with the article. First, while true that there are many forces that effect the dollar's value, it has always and always will go up when there's less and down when there's more, especially like now when there is a LOT more. Second, gold became money for all intents and purposes, when the market crashed. It is certainly easy to use as currency - offer someone an ounce of gold for a car worth about the same and most people will take it. It is very liquid - you may not be able to buy gas with it everywhere, but more and more places will take it and silver too; you can find them on the web. The definition of money is in its liquidity and its ability to be directly used as a medium of exchange - gold meets this definition. Can you buy everything with it? No, but you can't buy everything with a check or credit card, or even cash either.
    Nov 14, 2010. 10:52 PM | 1 Like Like |Link to Comment