Search results

What does conspiracy in Pakistan have to do with Jimmy Rogers? I think he is just trying to make a preserve wealth. I was not aware that he had any horse in the Pakistan, Mideast, polo match.

Jimmy Rodgers is one bowtie with balls. Its one thing to make eocnomic prognostications and its quite another to act on those ideas in your real life. Jimmy picked up his family and moved to Asia. He sold his U.S. domicile assets and invested in Singapore and Honk kong. He is teaching his...

Bearice, remind me to kill myself with a pitch fork if I ever again respond to one of your stupid vacuous threads.

The process of what is commonly recognized as 'inflation' requires a flow of capital from financial assets to tangible assets accelerated through increasing leverage on collateral assets and related expanding private sector credit formation. Without that flow and velocity of private leverage...

Oh such intellect! The last time I was in London, Morganist, the cabby drove me down a street and said, "your friend lives there now!" I said, oh who's that? The cabby said, Tony Blair! America was his only friend! I said, yeah...do you know the difference between Tony Blair and Godon Brown...

Where this guy works speaks louder than what he says. Shows you the Keynesian orthodoxy and insecure insular nature of the Liliputian economics Academe.

The stock market rise was not the expressed goal of QE which was for lower interest rates and higher inflation (self contradictory on its face but expressed goal nontheless). The rise in the stock market is due to perceived promise of continued Fed action to prevent rate increases and does not...

I'm with Maverick. I have read two of Soros's rambling books, watched interviews, read op-eds and I generally followed his career and thought for decades. Deep rumour suggests he got tipped with inside information from the Bundesbank when he 'broke' the Bank of England; rumour though, not...

Overseas aid is not a contribution of 'assets.'

Kassz007, you made an important prognostication: "credit destruction due to the natural disaster, followed by credit creation due to the BOJ pumping liquidity." Following what I have been suggesting about the role of credit formation in the process of inflation and deflation and the...

Achilles28, Great Comment! I'm putting it in my notebook. This is why the public company economy (C-Corp) in the U.S. has diverged from the private corp economy (S-Corp)...the private corp economy (aka "main street") relies on asset based lending without access to the public markets; primarily...

Of course it is Martinghoul, but I didn't sign up to write a book here. If you think more complexity should be drawn out of the simple relationships I scetched, why don't you have at it? Just shooting off that it is more complicated pretends to add comment but it really adds nothing. The fact...

Don't be distracted by broken window analysis of impact on Japan. Wealth is destroyed when assests are destroyed. Assets being a possessive right to a future income stream. We are seeing tremendous damage and destruction of tangible assets in Japan. You have to parse out what is insured and...

Its really not a good bargain...first the risk of banking default fell on the depositors...this lead to the development of larger super capitalized banks that larger depositors felt safe in...then the larger well capitalized banks began to back the credit of their smaller less well capitalized...

I think the Irish are starting to wonder why then have a deal to pay off thier bank bail out debts at 6% when Iceland has been offered 3%, along with Estonia and Latvia...I think the Greeks are not happy with their deal either.

It is ridiculous to talk about credit supply and demand without establishing a quality metric. The demand for credit that is properly underwritten by current standards set by the government and the banks is soft. To say that there is demand for bad credit or credit that cannot be underwritten...

I don't know why you want to make up a new economic vocabulary instead of using the existing one. That is not the best way to get people to understand you...especially when you teas with words and new 'states' that will be revealed in the future. I do think its fun that you have introduced the...

The issue is not whether there will be repercussions. There are always repercussions...consequences foreseen and unforseen that flow from policy choices. The question is which consequence is better for the Icelandic people who have to make the policy choice. The U.K. and Holland made the...

So, you are parsing out the concept of 'velocity'. What is new about that? You are making up new words but its the same thing. I don't know how to seperate symptoms from causes when the only thing you can really see is the capital flow...sure it flows for reasons that are not measured by the...

G of C, sorry for the poor word choice...you are right...the terms speculative and investment can be understood as mutually exclusive.