Search results

Actually, I just realized that I've already posted the piece I am referring in an older thread, so there's no need to link it again.

Ah, you've already reached a verdict, before even taking a look? All rightie then...

I wonder what the authors of the articles you have linked would say about this: http://online.wsj.com/articles/japan-wages-make-biggest-jump-in-17-years-1409624572 "TOKYO—Japanese wages rose at their fastest pace in over 17 years in July, tempering concerns about the strength of the nation's...

If he was consistently profitable, why is he not still working as a prop trader, either for JP or a fund? This sounds like a bit of a joke, tbh... Having said that, it seems that what he says in the excerpts from the stuff he sends out is quite reasonable.

Why does the author of your article not mention that the very same statistic registered the highest ever reading of 7.2% in March 2014? Or the fact that, during the years immediately before the tax hike, the average increase in household spending stayed meaningfully positive for the first time...

Well, first, at least on the face of it, Abenomics is supposed to be quite a bit more than "more of the same". Whether it actually turns out to be that way remains to be seen. One thing for sure, it's too early to conclude anything as the author so eagerly does. Secondly, if you've read about...

This article is, unfortunately, rather silly. Like many such commentators, the author isn't allowing facts to get in the way of his ideology. I am sorry, but the idea that the latest -6.8% GDP print suggests failure and is somehow very meaningful, whereas the previous quarter's 6.1% is an...

1. Like I have said already, you're neglecting a basic rule of double-entry bookkeeping. Specifically, the value of the newly created money is derived from the value-added produced by the project which is being financed with the loan. This is what makes it different to counterfeiting. Since...

Firstly, like I said, there is no dilution and no reduction of purchasing power. Secondly, are the bank shareholders not "people"? I mean it's the beauty of capitalism that you can become one of the recipients of banking profits, simply by buying a share of, I dunno, JPM or Citi or whatevers...

Firstly, the people aren't loaning anything, it's your private capital we're talking about. And yes, for sure, you need to be compensated for the risk inherent in making the loan. Given all this, how do you know that in today's system, the 3% or whatever rate that the banking system "charges"...

"Kinda obvious", heh? Best of luck to you!

I have a few economic freedom indices that I follow (e.g. ones produced by Heritage and Fraser Institute). They pretty uniformly show that the world's been getting a bit more free, slowly but surely.

Good luck... Have you tried doing some regression to see how valid your premise for this trade is?

http://indexes.nikkei.co.jp/en/nkave/index/component?idx=nk225 As to the mkt values, you can probably infer those from the weights, which you should be able to find in another link on that site.

Sorry, been busy, but I see I haven't missed much... Should I try to respond?

I am glad that I was able to amuse you a bit. If you have any evidence that contradicts my statement, I am all ears. Based on the data that I have seen, the various measures of the world's economic freedom have increased steadily through the years.

The contribution of these "binding covenants" to the crisis has been studied extensively. The claims that you're referring to are made by people (e.g. Edward Pinto and Peter Wallison) who are looking to absolve the banks and their leadership of all responsibility for terrible decisions. These...

Indeed... There's more than enough evidence to suggest that there has been a lot of progress. Like I have said many times, this is a false theory that is put forward by the bank lobby.

It's the "profit" that accrues to the central bank due to the fact that the owners of coins and notes in circulation collect no interest on their capital.

Free markets are a fantasy. We humans aren't developed enough for free mkts yet, so we have to make do with "as free as it gets". Still, historically we've been moving in the right direction.