Gyroscopic Investing

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."

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..."

This approach has really worked well for Japan, hasn't it!

As another alternative, how about cutting government spending to pay our bills while reforming our absurd tax laws so that saving is encouraged?

goodasgold wrote:

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..."

This approach has really worked well for Japan, hasn't it!

As another alternative, how about cutting government spending to pay our bills while reforming our absurd tax laws so that saving is encouraged?

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.

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.

I'm taking a course in microeconomics and the textbook is authored by Krugman.  Oh joy.

MachineGhost wrote:

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.

I'm taking a course in microeconomics and the textbook is authored by Krugman.  Oh joy.

Please share with the group the most laughable parts.