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That article is the equivalent of.... Last week I visited Nevada for the first time and was completely awe struck by the amazing infrastucture. The quality of life is so great in Nevada that masses of people from all over the globe want to be there. This is evidenced by the fact that as I...

C'mon Guys... Anecdotal evidence like the situation above are hardly representative of the market as a whole. You could locate 10,000 of those 50% reduction situations and it still wouldn't be relevant because it would only make up .2% of all homes for sale right now. Fact remains that...

The intentions behind saving and hoarding are quite different. Hoarding results from the belief that there will be a shortage or lack of wealth and it is in your best interest to store up as much as possible. Hoarders expect that this shortage will cause the "money" to increase in value or...

To expand on this idea, we can use the proportion of gross income comparisons. In the 60-70 period, food and beverage made up about 25-27% of the average household gross income. It is currently at about 12-15%. Other things that have gotten "cheaper" are clothing, transportation, and...

To respond to this I would have to put aside my feelings that g-ment shouldn't really be involved in the economy at all. But assuming that g-ment should be involved, as a g-ment you should reward people for financial responsibility, but not for hoarding. Your goal is not for people to...

I'm not talking about good and bad. I'm talking about a greater good or a lesser bad.

It does suck that the retirees get hosed with high inflation, but a huge number of them don't have much in savings either. They are living off only social security checks. Recent estimates put this number at 1/3 of retirees and an even larger number with only minor income outside of social...

Don't confuse what I am saying. I'm not saying that the FED and G-ment have been doing a great job. I'm not even saying they have been doing a good job. What I am saying is that we live in a Republic, and as such they should be acting according to the desires of the majority, regardless of...

I don't disagree with you there, but that is past and the situation is what it is. The question is in prescribing the proper solution. You are suggesting that we call a spade a spade, and allow for an overnight reversion to the mean. Again, every citizen could be completely informed of...

I disagree. You could explain the "reality" of it to every citizen in the country and then have a popular vote. I'd put money on the fact that people would chose for the g-ment to act similarly to what it is now.

The other thing to keep in mind is how long it takes to get rid of a deflationary mindset when rates are already at historic lows. In 2003 Japan had thought it finally recognized that "deflation" was their problem and they were going to appoint a BOJ governor that would go ahead and flip the...

There is logic to that statement, and I've been saying something similar for years, with the addition that both pop growth & GDP growth should be considered by the "computer". However, my theory depends on implementing such a plan during an expansion phase. To do that right now would be a...

The logarithmic chart is more valuable in comparing this sort of data as the linear chart would make any inferences virtually impossible.

Selling naked puts is the same as simply writing covered calls if quantities remain identical. In that sense, they are no more risky than a covered call unless you increase the leverage. I would argue that you are actually better off selling puts for a couple reasons if you are someone who is...

It would be great to see the Euro cut in half within two years. I'm planning an extended vacation around that time.

That's the other thing. I don't think the g-ment should be collecting nearly as much tax as they currently are. They chould be forced into becoming more efficient as they are likely the most inefficient organization in the country. If a family is living paycheck to paycheck, most of the...

Sorry, just thinking aloud really. With the exception of the two world wars, there weren't really any periods of what I would consider excessive taxation of anyone but the super wealthy. I actually don't even know why I'm arguing in favor of trickle down economics when I am actually a...

I agree with the premise, but all other tax brackets were dramatically increased in 1918 to the tune of 300% of previous levels. Same thing in the 40's as not only the highest marginal rate increased but also every other bracket to the tune of over 200% increases. In addition, personal...

I'm not saying that they will illegally hide it, but rather that incentive exists for them to simply not take a large income, which many of them have complete control over. Middle/lower-income people don't have this control, nor do they have the luxury of simply living off past income. In...

I'm not arguing that people won't rise through brackets, but rather that they will do so at different rates depending on the incentives to rise. Also, if tax rates get too high on the top 2%, it isn't very difficult for them to forgo claiming income. OTOH, it is quite difficult for the...