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These are two distinct situations. As I've explained, the effects are different depending on our personal activities. Having said that, inflation erodes most consumers buying power, they're falling behind in the inflationary curve. Merchants do a lot better, because they're able to quickly...

Grob, Before you go ahead and spill your wits, let me further a -- little-- into the relations of some variables that have been mentioned. And only the simplest relations... Let's take employment, for instance, and its relation to other variables. If labor gets to be scarce, its price...

Asian currencies.

Just wanted to add what I think is an important concept in regards to valuations of assets. Assets lose value when rates go up, and gain value when rates go down, due to the discount rate effect. Let's take an example. A $100K fixed 30 yr mortgage at 6%. My calculator says, that the...

It's a double whamy!

Interesting read: http://www.businessweek.com/bwdaily/dnflash/apr2005/nf20050415_1709_db016.htm?chan=gb

Man oh man!! What a weasel. You know nothing of the guy, and yet claim him an impotent trader... If you read like this, watch your butt. It seems that the interpretations of your readings are distorted. There are gems lying out there in the teachings of this trader that you so, gratuitously...

Ditto. The dollar will fall ( maybe the EU more so) till we see improvements in the trade deficit. And, this is inextricably related to the labor cost relation between the US and Asian countries, and most importantly, China. If the Yuan, stays pegged to the dollar, employment and...

Maybe they were smart, and took ARM's through the downward slope of rates. But, now that the slope started climbing, what will keep them from changing their variable interest mortgage to fixed rate, including their cc debt? Anyhow, my point was that the individual has to review his particular...

So, if a few investments have negative or no return, you get a downturn. If, the downturn is big, because of the multiplying effects of credit, for instance, you get a big hole or contraction in the money circulating: a recession. Since there's little money to go around, people have, at...

I can cut my cards, and return them to the bank, if I don't agree with a rate increase. Most mortgages are variable?? I doubt it. I would like to see a reference to this. Thx.

Well, let me put it this way: The economy as you put it is you. Yes, you. I would guess that your main concern would be: * your job stability, then * your pay, then * what you can do with your pay, then * how much do you owe. * Lastly, the benefits system which surrounds you and...

I thought Marxism was dead?? Since his writings, the rich lost much of their control to the managerial (managers, administrators, bureaucrats, i.e. Greenspan?) class, and the middle and lower classes are richer... That's why his teachings are obsolete, I suppose... Maybe it's b/c the poorest...

You mean to say that the US empire went out to conquer and enslave the meek chinese?? Things are not at all that way nowadays, wouldn't you agree? Maybe, that's why globalization is so different. It sure looks to me like a two way street. From what I read, the chinese sweatshop worker...

Sounds to me like the native american issue from the 1800's... A couple of more things to help clarify the issue: * Globalization is a fact, and the greatest promoter has been the US. * The US has quite a history of world trade. After world war II, though, Europe and Japan were in...

Banks, banks, central banks... I think the medullar issue rests on the concept of reserves, or, the fact that banks create credit out of nothing... Last I heard, the ratio was 1x9. Or, for every dollar in reserves the banks can lend 9. If I remember well, reserve dollars can also be notes...

A couple of things come to mind... First, some facts worthwhile remembering: * China has opened to the world. * China has been able to lure manufacturing know-how into its borders on the promise of their huge domestic market: 1.3 billion. * Chinese labor is inexpensive. Or, US labor is...

You've got years of learning ahead of you. Here's a good starting place: http://finance.groups.yahoo.com/group/StockFetcher/ These guys have a very good commonsense method. One advice: trade minimum till you start making money. I wish I would've followed this advice, would've saved...

Another view: http://www.robtv.com/shows/past_archive.tv?day=thur

Excellent chart.