Search found 689 matches

by BearBones
Sat Mar 26, 2016 9:43 pm
Forum: Other Discussions
Topic: Vaccines
Replies: 74
Views: 13223

Re: Vaccines

MachineGhost wrote: Okay, that's all I can do for now.  Burned out.
Thanks!
by BearBones
Sat Mar 26, 2016 8:50 am
Forum: Other Discussions
Topic: Vaccines
Replies: 74
Views: 13223

Re: Vaccines

Don't be such fucking patsy just because its all seductively wrapped up in the color of "science" and everyone and their mother believes it is inviolate.  I see the same hallmarks of intolerance to dissent and denial of facts in pro-vaccination ideology that were present in the food pyramid, global...
by BearBones
Fri Mar 11, 2016 5:31 pm
Forum: Permanent Portfolio Discussion
Topic: Staggering World Debt Points toward Crisis
Replies: 63
Views: 14681

Re: Staggering World Debt Points toward Crisis

The debt (which backs money now) is actually a claim on future earnings.  By increasing the debt faster than earnings increase (which is what we've been doing for a long time), we're making claims on earnings farther and farther into the future.  In some sense, the future is infinite, so there's no...
by BearBones
Thu Mar 03, 2016 8:01 pm
Forum: Other Discussions
Topic: Overshoot
Replies: 105
Views: 16502

Re: Overshoot

Great discussion! Keep going...
:)
by BearBones
Wed Mar 02, 2016 7:14 pm
Forum: Other Discussions
Topic: Hoarding Cash
Replies: 36
Views: 7403

Re: Hoarding Cash

I think the "modern" response to a shortage of cash will be EBT-style cards as a cash replacement.  The technology and infrastructure are already in place (hand reaching for my tinfoil hat). And aren't we almost already there?  What fraction of transactions actually occur in physical cash?  I usual...
by BearBones
Wed Mar 02, 2016 6:57 pm
Forum: Other Discussions
Topic: Overshoot
Replies: 105
Views: 16502

Re: Overshoot

Nice point, counterpoint!
by BearBones
Tue Mar 01, 2016 9:15 pm
Forum: Other Discussions
Topic: Hoarding Cash
Replies: 36
Views: 7403

Re: Hoarding Cash

I am going to put my tinfoil hat on and say that if you are truly worried about the demise of paper cash, holding paper cash makes no sense. I, for one, am not really as concerned about the demise of cash. More wondering what happens if their is a shortage of it when/if lots of people come to conve...
by BearBones
Tue Mar 01, 2016 9:08 pm
Forum: Other Discussions
Topic: Hoarding Cash
Replies: 36
Views: 7403

Re: Hoarding Cash

TennPaGa wrote: Dualstow posted this in a thread on the Cash board:
WSJ: Everything You Need to Know About Negative Rates
Not a subscriber. What's the conclusion?
by BearBones
Mon Feb 29, 2016 2:15 pm
Forum: Other Discussions
Topic: Hoarding Cash
Replies: 36
Views: 7403

Re: Hoarding Cash

For the very wealthy the logistics of holding a significant percentage of cash in physical form can be challenging. Bear in mind that most countries don't issue thousand dollar/pound/euro/franc bills anymore. Of course in the case of the PP we are cash heavy. Not only do we hold 25% in dollar denom...
by BearBones
Mon Feb 29, 2016 7:41 am
Forum: Other Discussions
Topic: Hoarding Cash
Replies: 36
Views: 7403

Re: Hoarding Cash

So if they had to "break the buck", and if my bank also had to break the buck, what would I do with non-invested funds? Just sit there and get nibbled away at? Right. But even in the absence of that, why would someone in Germany keep money in a "savings" account, let alone park it in a bond yieldin...
by BearBones
Sun Feb 28, 2016 7:58 pm
Forum: Other Discussions
Topic: Hoarding Cash
Replies: 36
Views: 7403

Hoarding Cash

So I was thinking about all of the recent posts about super low or negative interest rates tonight, and I was wondering if many wealthy people in Germany, Switzerland, Japan and others are starting to hoard cash. Why earn close to zero, or even worse, lose money on a bond, especially long term, when...
by BearBones
Sun Feb 28, 2016 11:39 am
Forum: Gold
Topic: Very Interesting Gold Standard Analysis
Replies: 9
Views: 4274

Re: Very Interesting Gold Standard Analysis

The money price of gold is therefore a measure of contractual performance by the Fed and Treasury.  If performance is satisfactory, gold's price should be stable, as citizens rest easy with the paper-money deal.  If performance is poor, the gold price will spike, as citizens terminate the money-deb...