http://www.gleasonreport.com/emails/2014-06-tgr.pdf
"We aren’t experiencing a deflation. It’s a financial collapse of the dollar-anchored international monetary system. The only way to prop up US GDP is through massive fiscal spending. Huge expenditures on public infrastructure projects are one option. That would employ people and could buy the system some time. However, it’s difficult to coordinate political support for massive public works programs. The neocons would like to take a craven path. War spending is a faster way than infrastructure spending to pump money
into an economy. It only needs the right propaganda, a frightened electorate and a president’s pen. If that starts you won’t be able to buy gold. But Obama has been outmaneuvered in Ukraine and humiliated in Iraq. With no support for war at home pulling off another false flag will be a tough task. On the other hand, if they don’t prop the economy up it will just collapse. Either way you go broke if you don’t act to safeguard your wealth."
New Gleason Report Is Out.......Gather Your Loved Ones?
Moderator: Global Moderator
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goodasgold
- Executive Member
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Re: New Gleason Report Is Out.......Gather Your Loved Ones?
This approach has really worked well for Japan, hasn't it!Reub wrote: http://www.gleasonreport.com/emails/2014-06-tgr.pdf
"The only way to prop up US GDP is through massive fiscal spending. Huge expenditures on public infrastructure projects are one option..."
As another alternative, how about cutting government spending to pay our bills while reforming our absurd tax laws so that saving is encouraged?
Re: New Gleason Report Is Out.......Gather Your Loved Ones?
You mean actually investing time and effort in productive capacity vs. wasting it? I just spoke to Krugman, and he convinced me that will never work.goodasgold wrote:This approach has really worked well for Japan, hasn't it!Reub wrote: http://www.gleasonreport.com/emails/2014-06-tgr.pdf
"The only way to prop up US GDP is through massive fiscal spending. Huge expenditures on public infrastructure projects are one option..."
As another alternative, how about cutting government spending to pay our bills while reforming our absurd tax laws so that saving is encouraged?
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MachineGhost
- Executive Member
- Posts: 10054
- Joined: Sat Nov 12, 2011 9:31 am
Re: New Gleason Report Is Out.......Gather Your Loved Ones?
I'm taking a course in microeconomics and the textbook is authored by Krugman. Oh joy.Kshartle wrote: You mean actually investing time and effort in productive capacity vs. wasting it? I just spoke to Krugman, and he convinced me that will never work.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Re: New Gleason Report Is Out.......Gather Your Loved Ones?
Please share with the group the most laughable parts.MachineGhost wrote:I'm taking a course in microeconomics and the textbook is authored by Krugman. Oh joy.Kshartle wrote: You mean actually investing time and effort in productive capacity vs. wasting it? I just spoke to Krugman, and he convinced me that will never work.