Search found 1313 matches
- Mon May 13, 2019 8:11 pm
- Forum: Gold
- Topic: The French Crime of 1873: An Essay on the Emergence of the International Gold Standard, 1870–1880
- Replies: 20
- Views: 8252
Re: The French Crime of 1873: An Essay on the Emergence of the International Gold Standard, 1870–1880
If I borrow 100k from a bank, and spend it on cars, then default on the loan, that cash is still out circulating Why call something a "debt" if its never going to be paid back MMT wants to stop issuing bonds and do overt money printing http://bilbo.economicoutlook.net/blog/?p=31715 http://mikenorman...
- Mon May 13, 2019 12:08 am
- Forum: Gold
- Topic: The French Crime of 1873: An Essay on the Emergence of the International Gold Standard, 1870–1880
- Replies: 20
- Views: 8252
Re: The French Crime of 1873: An Essay on the Emergence of the International Gold Standard, 1870–1880
Hopefully the book will be turned into a podcast. > TLDR is that money is debt. Japan gov prints a billion yen bond, 0%, due in 500 years. BOJ prints Yen and the gov spends the billion into the economy. That money isnt "debt" its never going to be repaid. The bonds are an antiquated system, says MMT...
- Sun May 12, 2019 12:47 am
- Forum: Gold
- Topic: The French Crime of 1873: An Essay on the Emergence of the International Gold Standard, 1870–1880
- Replies: 20
- Views: 8252
Re: The French Crime of 1873: An Essay on the Emergence of the International Gold Standard, 1870–1880
eli5
Im still struggling to understand when economists say "there wasnt enough money during the depression." Rockefeller had "enough money"
Im still struggling to understand when economists say "there wasnt enough money during the depression." Rockefeller had "enough money"
- Thu May 09, 2019 10:44 pm
- Forum: Gold
- Topic: Gold Purchase!
- Replies: 13
- Views: 6539
Re: Gold Purchase!
Canada: http://www.centralfund.com/
Oh, its a meme
https://www.reddit.com/r/OutOfTheLoop/c ... _accident/
Oh, its a meme
https://www.reddit.com/r/OutOfTheLoop/c ... _accident/
- Thu May 09, 2019 10:37 pm
- Forum: Other Discussions
- Topic: Will Trump be Re-elected?
- Replies: 648
- Views: 343515
Re: Will Trump be Re-elected?
> Something that gets me is how many people refuse to leave high COL locations when they aren't earning the high incomes that would justify it. People dont like change. Gov should do more on this, some say UBI would help with mobility. I think high speed rail would be a better start. If the CA rail ...
- Thu May 09, 2019 10:08 pm
- Forum: Gold
- Topic: Time to Return to the Gold Standard?
- Replies: 55
- Views: 24479
Re: Time to Return to the Gold Standard?
Goldbugs/libertarians dont do nuance. They are always good, and government's always bad.
But to steelman, I went to good schools and no one ever explained the inflation tax. Mostly the fault of my parents, but still
edit: Free market money might be ideal, if everyone were rational...
But to steelman, I went to good schools and no one ever explained the inflation tax. Mostly the fault of my parents, but still
edit: Free market money might be ideal, if everyone were rational...
- Wed May 08, 2019 11:56 pm
- Forum: Other Discussions
- Topic: Cinco de Mayo Bicentennial
- Replies: 22
- Views: 8482
Re: Cinco de Mayo Bicentennial
Prob getting a Fiesta ST. Might rent one for a month: https://drivecanvas.com/ My concern about cars these days is poor visibility around the blind spot. I know you can adjust mirrors, but I dont like it. Might email a few dealers and say Im buying sometime in the next 6 months. They can send me an ...
- Wed May 08, 2019 3:21 am
- Forum: Variable Portfolio Discussion
- Topic: BYND
- Replies: 84
- Views: 86001
Re: BYND
Thx for that correction, BK had a veggie patty 15 years ago, I forgot cuz they arent in my 'hood. I suppose the problem is, folks disturbed by factory farming/mechanized slaughter, arent the type going to 24 hour drive-thrus. I wonder if legally mandating a few healthy options would create a disaste...
- Wed May 08, 2019 1:07 am
- Forum: Other Discussions
- Topic: Puri.sm
- Replies: 2
- Views: 1994
Re: Puri.sm
If I were FBI, Id offer these VPNs etc to people for a great price
- Wed May 08, 2019 12:22 am
- Forum: Variable Portfolio Discussion
- Topic: How do real estate holding play in the PP
- Replies: 12
- Views: 17473
Re: How do real estate holding play in the PP
> sale to investors for 30 cents on the dollar since they have rent stabilized tenants
You could sell a NY condo for 1 million if empty, but only 300k with tenants? No way to get them out?
You could sell a NY condo for 1 million if empty, but only 300k with tenants? No way to get them out?
- Wed May 08, 2019 12:18 am
- Forum: Variable Portfolio Discussion
- Topic: BYND
- Replies: 84
- Views: 86001
Re: BYND
Carls Jr finally added the "beyond burger." Its outrageous that BK, McD, and jack in the box offer 10 burgers but none meatless. I'm wondering if theres something addictive in meat. But it seems more like its just the general human quality of resisting change, especially with food. I suppose we get ...
- Tue May 07, 2019 11:50 pm
- Forum: Other Discussions
- Topic: Cinco de Mayo Bicentennial
- Replies: 22
- Views: 8482
Re: Cinco de Mayo Bicentennial
My car was parked If anyone has new car buying tips, share em
- Mon May 06, 2019 9:27 pm
- Forum: Permanent Portfolio Discussion
- Topic: Moving into the PP
- Replies: 37
- Views: 16128
Re: Moving into the PP
If the US issued 100 year bonds, do you still do 25% weighting? whats the math
- Sun May 05, 2019 11:50 pm
- Forum: Other Discussions
- Topic: Cinco de Mayo Bicentennial
- Replies: 22
- Views: 8482
Re: Cinco de Mayo Bicentennial
They dont need to invade, they already own half my condo complex. And one of em just totaled my car
- Sun May 05, 2019 11:42 pm
- Forum: Permanent Portfolio Discussion
- Topic: Moving into the PP
- Replies: 37
- Views: 16128
Re: Moving into the PP
> It’s funny my brain keeps groping for a pattern to predict the future. Thats what brains do, and investing (morlike savings allocation) is frustrating because its the one area where thinking backfires. You cant get the real insider info on what's going on inside China or inside companies. And the ...
- Sun May 05, 2019 11:28 pm
- Forum: Other Discussions
- Topic: Dalio on MMT
- Replies: 12
- Views: 4626
Re: Dalio on MMT
Getting rid of minimum wage would be almost like a job guarantee. But the MMT socialists wont like that
UBI might benefit those living in low rent areas where landlords cant ask for as much as you can afford. They'd have more disposable income, maybe birth rates would go up.
UBI might benefit those living in low rent areas where landlords cant ask for as much as you can afford. They'd have more disposable income, maybe birth rates would go up.
- Sun May 05, 2019 8:50 pm
- Forum: Other Discussions
- Topic: Dalio on MMT
- Replies: 12
- Views: 4626
Re: Dalio on MMT
Was hyperbole, business owners charge as much as they can. Capping what they can charge (price controls) causes product shortages. Nixon capped gas prices to hide his inflation. "I must always ensure that the working classes earn enough money to buy themselves food." Yeah. Millions of people are unw...
- Sun May 05, 2019 12:36 am
- Forum: Other Discussions
- Topic: Dalio on MMT
- Replies: 12
- Views: 4626
Re: Dalio on MMT
Try to reason with someone who wants a higher minimum wage and wants to stop "gentrification" and you'll start to wonder if democracy is so great. All I know for now is we need more transparency, like the checking accounts of public servants being visible to the public. "MMT" isn't "modern", we've a...
- Sat May 04, 2019 11:59 pm
- Forum: Gold
- Topic: Hello Everyone
- Replies: 10
- Views: 5220
Re: Hello Everyone
Im deciding betwixt Perth online depository (1% buy/sell fee) and their ETF. I think you have to tell the IRS about amounts over 10k
Rickards and RealVision gets $ from gold sellers so be aware they wont give balanced opinions
Rickards and RealVision gets $ from gold sellers so be aware they wont give balanced opinions
- Thu May 02, 2019 2:22 am
- Forum: Gold
- Topic: Gold ETF Fee War Gets Complicated
- Replies: 10
- Views: 5147
- Thu May 02, 2019 2:19 am
- Forum: Cash
- Topic: New I bond rate, 5/1/19 to 10/30/19
- Replies: 7
- Views: 13993
Re: New I bond rate, 5/1/19 to 10/30/19
Just bought so I woulda been pissed if the fixed rate went up. Now Im just mildly annoyed, wouldve preferred to wait until December, to see how macro events play out
- Thu May 02, 2019 2:15 am
- Forum: Other Discussions
- Topic: The Permanent Tooth and Gum Care Regime
- Replies: 176
- Views: 281668
Re: The Permanent Tooth and Gum Care Regime
Enjoying life, thats the point of the PP
- Wed May 01, 2019 1:01 am
- Forum: Other Discussions
- Topic: The Permanent Tooth and Gum Care Regime
- Replies: 176
- Views: 281668
Re: The Permanent Tooth and Gum Care Regime
I eat once a day, that reduces wear. And nothing tough like meats. After a few years of this, if I eat an early meal, i get very tired
- Tue Apr 30, 2019 12:30 am
- Forum: Gold
- Topic: Time to Return to the Gold Standard?
- Replies: 55
- Views: 24479
Re: Time to Return to the Gold Standard?
If gold is the only money, its purchasing power increases with time as more stuff is produced but the supply of gold stays the same. So you spend what gold you must, and bury the rest for a risk free return. Cash burns up at the inflation rate, forcing people to take risk and invest the money. Good ...
- Mon Apr 29, 2019 2:39 am
- Forum: Bonds
- Topic: TLT Study - Inverting History
- Replies: 25
- Views: 19056
Re: TLT Study - Inverting History
When and why are Japan's long term rates going to rise?