Search found 1313 matches

by boglerdude
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...
by boglerdude
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...
by boglerdude
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"
by boglerdude
Thu May 09, 2019 10:44 pm
Forum: Gold
Topic: Gold Purchase!
Replies: 13
Views: 6539

Re: Gold Purchase!

by boglerdude
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 ...
by boglerdude
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...
by boglerdude
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 ...
by boglerdude
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...
by boglerdude
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 :)
by boglerdude
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?
by boglerdude
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 ...
by boglerdude
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
by boglerdude
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
by boglerdude
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 :)
by boglerdude
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 ...
by boglerdude
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.
by boglerdude
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...
by boglerdude
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...
by boglerdude
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
by boglerdude
Thu May 02, 2019 2:22 am
Forum: Gold
Topic: Gold ETF Fee War Gets Complicated
Replies: 10
Views: 5147

Re: Gold ETF Fee War Gets Complicated

So why wouldnt I go with https://www.etf.com/AAAU

.18% and government backed
by boglerdude
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
by boglerdude
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 :)
by boglerdude
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
by boglerdude
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 ...
by boglerdude
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?