Search found 250 matches

by TBV
Wed Jan 01, 2014 11:27 pm
Forum: Stocks
Topic: Hussman Says Look Out Below For Stock Market
Replies: 28
Views: 10988

Re: Hussman Says Look Out Below For Stock Market

Strictly speaking, Hussman doesn't make "predictions" about what is about to happen in the market.  What he does is utilize an ensemble of market indicators to identify historical profiles which have or have not been favorable to prospective investors.  His approach is to apply that historical recor...
by TBV
Fri Nov 09, 2012 6:41 pm
Forum: Other Discussions
Topic: Total Economic Overhaul
Replies: 29
Views: 4468

Re: Total Economic Overhaul

Doodle: "Waste not, want not" are still powerful words to live by.  Ditto "A penny saved is a penny earned."  Our wants are what we allow them to be.  If we live with restraint, it ought to be fairly easy to satisfy them in a society where indigenous population growth is stagnant and the basics can ...
by TBV
Fri Nov 09, 2012 2:17 pm
Forum: Other Discussions
Topic: Total Economic Overhaul
Replies: 29
Views: 4468

Re: Total Economic Overhaul

I've always wondered why farmers, who always produce far more than they consume, don't just pack it in and keep a small garden for themselves and their families.  The rest of their time could be spent fishing or composing haiku.  I'm sure no harm would come of this.... :-\  :o  ;) On second thought,...
by TBV
Fri Aug 31, 2012 11:52 am
Forum: Gold
Topic: Repubs party platform: comittee to eval return to gold std and audit fed
Replies: 176
Views: 27580

Re: Repubs party platform: comittee to eval return to gold std and audit fed

Gumby: You ask why anyone should have to pay interest and then a few lines later ask why anyone would want to lend unless the interest rate were sufficiently attractive.  Everyone has a time preference with respect to money.  Either one wants to compensate folks for any delay in getting to spend the...
by TBV
Fri Aug 31, 2012 9:54 am
Forum: Gold
Topic: Repubs party platform: comittee to eval return to gold std and audit fed
Replies: 176
Views: 27580

Re: Repubs party platform: comittee to eval return to gold std and audit fed

If deflation is so fatal to prosperity, why has no causal link been found between deflation and depressions?http://minneapolisfed.org/research/sr/sr331.pdf You mean... no casual link, except for the Great Depression . "Our main finding is that the only episode in which we find evidence of a link be...
by TBV
Fri Aug 31, 2012 1:10 am
Forum: Gold
Topic: Repubs party platform: comittee to eval return to gold std and audit fed
Replies: 176
Views: 27580

Re: Repubs party platform: comittee to eval return to gold std and audit fed

Judging from the language used to describe debt-based monetary systems, it sounds as if everyone but a select class of plutocrats is a prisoner to debt.  The wealthy are somehow aloof from it all, as newborns free of original sin.  Doesn't sound like any entrepreneur I ever heard of.  In fact, guys...
by TBV
Thu Aug 30, 2012 2:05 pm
Forum: Gold
Topic: Repubs party platform: comittee to eval return to gold std and audit fed
Replies: 176
Views: 27580

Re: Repubs party platform: comittee to eval return to gold std and audit fed

To add some background info to the discussion.... In the case of California, home prices grew in both nominal and real terms for many decades after WWII.  So did real property taxes.  By the 1970's, the adverse impact on older residents (and not just older residents) was substantial.  They sometimes...
by TBV
Tue Aug 28, 2012 8:37 pm
Forum: Gold
Topic: Repubs party platform: comittee to eval return to gold std and audit fed
Replies: 176
Views: 27580

Re: Repubs party platform: comittee to eval return to gold std and audit fed

Stone: Items that have traditionally been used as stores of wealth do get accumulated.  Nothing out of the ordinary there.  Gold often ends up in a vault out of a desire to keep it safe.  Presumably, many PP'ers do the same thing with their physical gold.  It would, I believe, be more generally used...
by TBV
Tue Aug 28, 2012 3:09 pm
Forum: Gold
Topic: Repubs party platform: comittee to eval return to gold std and audit fed
Replies: 176
Views: 27580

Re: Repubs party platform: comittee to eval return to gold std and audit fed

I think there are two sets of questions at work here. Stone:  The clearance of bad debt and the downward adjustment of prices is the mechanism which allows consumers to feel free once again to consume.  It's what allows businesses to hire and borrow for future expansion.  The impossibility of having...
by TBV
Tue Aug 28, 2012 1:21 pm
Forum: Gold
Topic: Repubs party platform: comittee to eval return to gold std and audit fed
Replies: 176
Views: 27580

Re: Repubs party platform: comittee to eval return to gold std and audit fed

Several here have expressed concern over mounting debt and the interest-payment burden it poses on citizens (individually or collectively).  When debtors do not possess the money to repay their debt, they default.  First, they may seek shorter-term remedies like refinancing into short-term rates tha...
by TBV
Tue Aug 28, 2012 12:33 pm
Forum: Gold
Topic: Repubs party platform: comittee to eval return to gold std and audit fed
Replies: 176
Views: 27580

Re: Repubs party platform: comittee to eval return to gold std and audit fed

What the price of goods or services costs then vs now cannot be taken in isolation.  It has to be taken in relation to higher level of wages, growth in wealth/assets and improvement in living standards. Even during the inflationary 1970's, the lower class was the least effected by the high rates of...
by TBV
Tue Aug 28, 2012 12:47 am
Forum: Gold
Topic: Repubs party platform: comittee to eval return to gold std and audit fed
Replies: 176
Views: 27580

Re: Repubs party platform: comittee to eval return to gold std and audit fed

Gumby: I think you might enjoy reading/listening to the discussions about deflation and prosperity as shown below.  You may be surprised by the idea that any level of money supply is sufficient to support vibrant economic exchange so long as prices and interest rates are allowed to adjust.  The prob...