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1
_
2018 Jun 2, 9:27am
_
2018 Jun 2, 9:27am
Anti Central bank people are not economist or data people and this is why they have failed not only in this cycle but have failed since 1913.
The only explanation I can give is that these people hate being alive, they regret ever being born and their sister soldiers the MMT people are almost just as bad.
We have over 155,000,000 people working
We have the Longest Job expansion ever
We have the largest job openings in the history of the world
Real wages are at all time highs
Retail sales are at all time highs
U.S. is about to have the longest economic expansion ever
Unemployment Claims to civilian labor force is at all time lows .. remember how the crash of America was supposed to start in October of 2014.... when QE ended
We will never seen in our life time a more incoherent group of people than the Anti Central Bank People
The only explanation I can give is that these people hate being alive, they regret ever being born and their sister soldiers the MMT people are almost just as bad.
We have over 155,000,000 people working
We have the Longest Job expansion ever
We have the largest job openings in the history of the world
Real wages are at all time highs
Retail sales are at all time highs
U.S. is about to have the longest economic expansion ever
Unemployment Claims to civilian labor force is at all time lows .. remember how the crash of America was supposed to start in October of 2014.... when QE ended
We will never seen in our life time a more incoherent group of people than the Anti Central Bank People
2
MisterLefty
2018 Jun 2, 9:28am
Yes, the major banks run the world, and criminals not only go unpunished, but are rewarded for committing massive fraud, e.g., Hank Paulson as US Treasury Secretary. But who should be trusted with the country's currency? Congress? The President?
3
Glock-n-Load
2018 Jun 2, 11:00am
Logan Mohtashami says
How can you say this when we, as a country, have experienced shock and awe like 08'? AND they said no one could have predicted it?
Anti Central bank people are not economist or data people and this is why they have failed not only in this cycle but have failed since 1913.
How can you say this when we, as a country, have experienced shock and awe like 08'? AND they said no one could have predicted it?
4
Glock-n-Load
2018 Jun 2, 11:31am
Logan,
Did you call the housing bust? Can you factualize that for us if you did please?
Did you call the housing bust? Can you factualize that for us if you did please?
5
_
2018 Jun 2, 1:40pm
_
2018 Jun 2, 1:40pm
jazz_music says
You're correct on this point... want I want to sell more than anything is that the Anti American bears and extreme left and right people were nothing but a whisper in the wind, dying relic of a religious economic cult that missed out on 200 years of human progresss
Let me quote myself here for a second
"A few questions for my American–bashing friends out there: Did you really (I mean really) think that we had 96,000,000 people looking for work? Did you really think that a rising federal debt was going to bring the end of the American empire? Did you really believe that all Americans are poor or just a few dollars away from poverty? Or were you just saying that so you could sell your solid gold bit coins and industrial sized containers of Dinty Moore beef stew to stock your bomb shelters? Tell the truth now, for once…
Tsk Tsk….. when the next recession comes and it will, I am sure you and all your trolls, orcs and goblins will crawl out of your caves to say “We told you!” But you still won’t be right. The next recession will not be the end of the world and not even the end of America – it will just be the next recession, followed by the next recovery. So stop embarrassing yourselves. I don’t care how much money you’re making from your lies — it’s not worth the cost of your soul."
https://loganmohtashami.com/2018/06/01/american-job-bears-have-embarrassed-themselves-in-this-cycle/
Logan has something to sell you.
You're correct on this point... want I want to sell more than anything is that the Anti American bears and extreme left and right people were nothing but a whisper in the wind, dying relic of a religious economic cult that missed out on 200 years of human progresss
Let me quote myself here for a second
"A few questions for my American–bashing friends out there: Did you really (I mean really) think that we had 96,000,000 people looking for work? Did you really think that a rising federal debt was going to bring the end of the American empire? Did you really believe that all Americans are poor or just a few dollars away from poverty? Or were you just saying that so you could sell your solid gold bit coins and industrial sized containers of Dinty Moore beef stew to stock your bomb shelters? Tell the truth now, for once…
Tsk Tsk….. when the next recession comes and it will, I am sure you and all your trolls, orcs and goblins will crawl out of your caves to say “We told you!” But you still won’t be right. The next recession will not be the end of the world and not even the end of America – it will just be the next recession, followed by the next recovery. So stop embarrassing yourselves. I don’t care how much money you’re making from your lies — it’s not worth the cost of your soul."
https://loganmohtashami.com/2018/06/01/american-job-bears-have-embarrassed-themselves-in-this-cycle/
6
mell
2018 Jun 2, 1:50pm
Logan Mohtashami says
I mostly agree with you here - however the only consequence of such thinking IMO is that when the next recession hits you don't QE, buy MBS and abolish the rule of law by fucking over bondholders, because it is a natural correction followed by a new economic boom. I never viewed 2008 as catastrophic (in fact cities like SF got a nice breather from too many people and pollution) and maintain my assertion that more lower-to-middle class people would be able to afford houses/healthcare/education - like most localized assets/services that cannot be imported inflate crazily on QE - if the recovery had been organic and taken longer. But either way the game will go on and as long as dovish policies are kept in place I am more bullish on the nominal value of assets.
et me quote myself here for a second
"A few questions for my American–bashing friends out there: Did you really (I mean really) think that we had 96,000,000 people looking for work? Did you really think that a rising federal debt was going to bring the end of the American empire? Did you really believe that all Americans are poor or just a few dollars away from poverty? Or were you just saying that so you could sell your solid gold bit coins and industrial sized containers of Dinty Moore beef stew to stock your bomb shelters? Tell the truth now, for once…
Tsk Tsk….. when the next recession comes and it will, I am sure you and all your trolls, orcs and goblins will crawl out of your caves to say “We told you!” But you still won’t be right. The next recession will not be the end of the world and not even the end of America – it will just be the next recession, followed by the next recovery. So stop embarrassing yourselves. I don’t care how much money you’re...
I mostly agree with you here - however the only consequence of such thinking IMO is that when the next recession hits you don't QE, buy MBS and abolish the rule of law by fucking over bondholders, because it is a natural correction followed by a new economic boom. I never viewed 2008 as catastrophic (in fact cities like SF got a nice breather from too many people and pollution) and maintain my assertion that more lower-to-middle class people would be able to afford houses/healthcare/education - like most localized assets/services that cannot be imported inflate crazily on QE - if the recovery had been organic and taken longer. But either way the game will go on and as long as dovish policies are kept in place I am more bullish on the nominal value of assets.
7
_
2018 Jun 2, 1:53pm
_
2018 Jun 2, 1:53pm
mell says
QE had no real velocity, hence why yields rose everything they were on it and fell when it was on really after the first #QE went into place
Demographics and Productivity is economics the rest is stamp collecting... this means the age of super growth is over for developed countries but the age of the replacement worker war is here to stay for this century and robots won't save us
Stay American in this battle for this century
you don't QE
QE had no real velocity, hence why yields rose everything they were on it and fell when it was on really after the first #QE went into place
Demographics and Productivity is economics the rest is stamp collecting... this means the age of super growth is over for developed countries but the age of the replacement worker war is here to stay for this century and robots won't save us
Stay American in this battle for this century
9
richwicks
2022 Jun 25, 3:49am
richwicks
2022 Jun 25, 3:49am
says
Wow. You're completely insane.
The central bank is an unaudited organization in which they are free to create as much "money" as they please, which allows them to selectively invest into any corporation, be it a corporation that makes war, or pushes LGBTQ, or engages in propaganda. They can create as much money as needed to bribe judges, to pay for assassins, to bribe nations.
They are the real power. Our democratic republic, our free market economy, has been destroyed by them.
You're a slave to them, everybody is.
The United States has fought 3 wars to remove the central bank. The first war, was the American revolution. The second was the Mexican American war which was instigated and funded by the English Central Bank, and the 3rd was the Civil war which was again financed by the English Central Bank.
Anti Central bank people are not economist or data people and this is why they have failed not only in this cycle but have failed since 1913.
The only explanation I can give is that these people hate being alive, they regret ever being born and their sister soldiers the MMT people are almost just as bad.
Wow. You're completely insane.
The central bank is an unaudited organization in which they are free to create as much "money" as they please, which allows them to selectively invest into any corporation, be it a corporation that makes war, or pushes LGBTQ, or engages in propaganda. They can create as much money as needed to bribe judges, to pay for assassins, to bribe nations.
They are the real power. Our democratic republic, our free market economy, has been destroyed by them.
You're a slave to them, everybody is.
The United States has fought 3 wars to remove the central bank. The first war, was the American revolution. The second was the Mexican American war which was instigated and funded by the English Central Bank, and the 3rd was the Civil war which was again financed by the English Central Bank.
11
Onvacation
2022 Jun 25, 7:45am
Onvacation
2022 Jun 25, 7:45am
DooDahMan says
A record number of people voted for Trump last election.
looking at voter turnout in most years the public is not very interested - in anything.
A record number of people voted for Trump last election.
13
NuttBoxer
2022 Jun 25, 10:04am
NuttBoxer
2022 Jun 25, 10:04am
_ says
Meaning liars or manipulators, correct. People against central banks are foremost historians. And it is their holistic view of history and economics that enables them to see the destructive nature of central banking.
_ says
Let's see, explanations for the above...
Inflation
Inflation
Inflation
The jobs open are not high paying, and many require dangerous experimental injections. If you don't get work in six months, you drop off the unemployment statistics, which everyone knows are always far below reality. Two examples locally, a Wells Fargo branch that lost all it's tellers the same day, and a Middle School that's been desperately trying to hire staff for over a year. Ohh, and a 30% increase in gas prices.
The mental instability it takes to con yourself into believing what's going on now is normal or healthy is staggering. The only difference between people with these delusions now and in five years, if we don't reverse these trends, they'll be spouting it from under bridges, or inside government subsidized housing.
Anti Central bank people are not economist or data people and this is why they have failed not only in this cycle but have failed since 1913.
Meaning liars or manipulators, correct. People against central banks are foremost historians. And it is their holistic view of history and economics that enables them to see the destructive nature of central banking.
_ says
We have over 155,000,000 people working
We have the Longest Job expansion ever
We have the largest job openings in the history of the world
Real wages are at all time highs
Retail sales are at all time highs
U.S. is about to have the longest economic expansion ever
Unemployment Claims to civilian labor force is at all time lows
Let's see, explanations for the above...
Inflation
Inflation
Inflation
The jobs open are not high paying, and many require dangerous experimental injections. If you don't get work in six months, you drop off the unemployment statistics, which everyone knows are always far below reality. Two examples locally, a Wells Fargo branch that lost all it's tellers the same day, and a Middle School that's been desperately trying to hire staff for over a year. Ohh, and a 30% increase in gas prices.
The mental instability it takes to con yourself into believing what's going on now is normal or healthy is staggering. The only difference between people with these delusions now and in five years, if we don't reverse these trends, they'll be spouting it from under bridges, or inside government subsidized housing.
14
NuttBoxer
2022 Jun 25, 10:08am
NuttBoxer
2022 Jun 25, 10:08am
DooDahMan says
Give me the ability to issue a countries currency, and I care not who makes their laws(and even less who votes on them).
Yes, we are personally responsible for allowing an evil cartel to continue it's activities, but no, voting won't do shit to stop them. The Republic can only be preserved through the shedding of patriot blood.
Mostly I agree with your commentary however the central bank is not 100% at fault - it took voters to allow this decade after decade.
Give me the ability to issue a countries currency, and I care not who makes their laws(and even less who votes on them).
Yes, we are personally responsible for allowing an evil cartel to continue it's activities, but no, voting won't do shit to stop them. The Republic can only be preserved through the shedding of patriot blood.
16
richwicks
2022 Jun 25, 11:55am
richwicks
2022 Jun 25, 11:55am
DooDahMan says
It took decades of deceit, bribery, and propaganda. You can see how weak many people are, intellectually. Tell them there is a "pandemic" and they believe it even though there obviously isn't. Call a massive riot with buildings being burned down a "mostly peaceful protest" and their believe it. Call an actually mostly peaceful protests with agent provocateurs in the crowd an "insurrection" they believe it. Call an obviously stolen election "the most secure election ever" and they believe it.
I've been able to see the Asch Conformity experiment being played out multiple times and in rapid succession, and I can see who is just a mindless conformist that goes along to get along and I can see who is an actual thinking person. They are WAY more of them than I thought possible.
richwicks says
Our democratic republic, our free market economy, has been destroyed by them.
Mostly I agree with your commentary however the central bank is not 100% at fault - it took voters to allow this decade after decade.
It took decades of deceit, bribery, and propaganda. You can see how weak many people are, intellectually. Tell them there is a "pandemic" and they believe it even though there obviously isn't. Call a massive riot with buildings being burned down a "mostly peaceful protest" and their believe it. Call an actually mostly peaceful protests with agent provocateurs in the crowd an "insurrection" they believe it. Call an obviously stolen election "the most secure election ever" and they believe it.
I've been able to see the Asch Conformity experiment being played out multiple times and in rapid succession, and I can see who is just a mindless conformist that goes along to get along and I can see who is an actual thinking person. They are WAY more of them than I thought possible.
17
NuttBoxer
2022 Jun 25, 2:32pm
NuttBoxer
2022 Jun 25, 2:32pm
That comment was in no way personal. Wasn't gonna tattle before Logan, now I am. @Patrick, I have Logan on ignore, only seeing his comment because he created a new account, something that is against the rules of the site.
19
Patrick
2022 Jun 25, 3:13pm
Patrick
2022 Jun 25, 3:13pm
@NuttBoxer
It seems personal to me. It's not about the topic, only about the user.
Logan, creating a second profile to go for a new record in ignores?
It seems personal to me. It's not about the topic, only about the user.
20
Patrick
2022 Jun 25, 3:15pm
Patrick
2022 Jun 25, 3:15pm
NuttBoxer says
It's not against the rules to create a new account unless you've been banned, and there are only a couple of banned users. Logan is not banned.
he created a new account, something that is against the rules of the site.
It's not against the rules to create a new account unless you've been banned, and there are only a couple of banned users. Logan is not banned.
21
NuttBoxer
2022 Jun 25, 9:46pm
NuttBoxer
2022 Jun 25, 9:46pm
Ignore feature is useless if you allow circumvention via new accounts. People with lots of time on their hands will just keep bypassing it. They can already comment without an account, I don't see any reason to allow this. The result will just be more personal attacks, as we keep seeing people's comments we long ago decided were of no interest.
I've had the same account same username since I joined. Everyone here knows who I am, and if they don't ever want to read my shit, ignore once, and they never will.
And dude has more ignores, by far, than anyone I've seen. He's gonna create new accounts to circumvent that, he deserves what he gets.
I've had the same account same username since I joined. Everyone here knows who I am, and if they don't ever want to read my shit, ignore once, and they never will.
And dude has more ignores, by far, than anyone I've seen. He's gonna create new accounts to circumvent that, he deserves what he gets.
22
richwicks
2022 Jun 25, 10:03pm
richwicks
2022 Jun 25, 10:03pm
NuttBoxer says
Personal attacks are something you need to learn to ignore. If you call me a stupid asshole without explaining how I'm wrong, that just means you can't explain how I'm wrong. Ignore ad hominem attacks.
People who are too unaware of this sort of attack you should not care about that they, supposedly, "think".
When somebody merely insults you, and cannot explain you are wrong, the people that believe you are wrong because an insult aren't people you want to bother with anyhow. Some people are hopeless.
I don't see any reason to allow this. The result will just be more personal attacks, as we keep seeing people's comments we long ago decided were of no interest.
Personal attacks are something you need to learn to ignore. If you call me a stupid asshole without explaining how I'm wrong, that just means you can't explain how I'm wrong. Ignore ad hominem attacks.
People who are too unaware of this sort of attack you should not care about that they, supposedly, "think".
When somebody merely insults you, and cannot explain you are wrong, the people that believe you are wrong because an insult aren't people you want to bother with anyhow. Some people are hopeless.
How is it possible for there to be 2 exactly opposite views concerning the economy?
"The word ‘recovery’ has been invoked by people managing the financial world following the crisis of 2008. Unfortunately, no such recovery is under way. It is an illusion perpetuated by the twin Federal Reserve policies of ‘quantitative easing’ (QE or printing money) and ‘financial repression’ (artificially low interest rates).
It is a combination of the central banks of the United States, ECB and many other countries issuing vast amounts of newly printed money at ultra-low interest rates (hardly any interest to pay on inter-bank loans) and creating excessive monetary inflation to reduce the burden of existing debt by shrinking the ‘dollar-value’ of the national debt.
The programme is a racket, a Ponzi scheme, and is a fundamentally dishonest policy in which are enlisted the ‘Too-Big-To-Fail’ (TBTF) global mega-banks. They play casino games as middlemen, purveying US Treasury bonds to the Fed for mammoth commissions and fees. They are also recipients of a bottomless cascade of near-zero interest loans that can be rolled into securities paying a bit more interest and therefore providing a steady stream of zero risk profit in what is known as the ‘carry trade’ and Re-purchase agreements (RePos)."
https://www.theburningplatform.com/2018/06/02/the-financial-jigsaw-issue-no-3/