Comments on: An Edifice of Pure Economic Crapola http://dailyreckoning.com/an-edifice-of-pure-economic-crapola/ Entertaining Ideas on the Economy, Markets, Gold, Oil and Investing Strategies. Fri, 10 Feb 2012 23:16:51 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Viv http://dailyreckoning.com/an-edifice-of-pure-economic-crapola/#comment-710 Viv Wed, 18 Feb 2009 12:15:48 +0000 http://dailyreckoning.com/?p=11629#comment-710 We're in deflation Mr Mogambo, The FED might be printing money, but the banks are hoarding it and the consumer is unwilling to borrow. So we're in deflation and NO the FED won't monetize the debt yet as the bond market would slaughter the remains of the global economy plus the FED would have to print 25 trillion dollars to be able to inflate. We’re in deflation Mr Mogambo,

The FED might be printing money, but the banks are hoarding it and the consumer is unwilling to borrow. So we’re in deflation and NO the FED won’t monetize the debt yet as the bond market would slaughter the remains of the global economy plus the FED would have to print 25 trillion dollars to be able to inflate.

]]> By: Economic analysis | An Edifice of Pure Economic Crapola - Contrarian Stock Market Investing News - Featuring Bargain Stocks http://dailyreckoning.com/an-edifice-of-pure-economic-crapola/#comment-673 Economic analysis | An Edifice of Pure Economic Crapola - Contrarian Stock Market Investing News - Featuring Bargain Stocks Tue, 17 Feb 2009 16:50:05 +0000 http://dailyreckoning.com/?p=11629#comment-673 [...] An Edifice of Pure Economic Crapola Advertisement Tags: Consumption Function, government bailout, Keynes, Us Federal Reserve, Wealth [...] [...] An Edifice of Pure Economic Crapola Advertisement Tags: Consumption Function, government bailout, Keynes, Us Federal Reserve, Wealth [...]

]]> By: Thomas P. Mayr http://dailyreckoning.com/an-edifice-of-pure-economic-crapola/#comment-670 Thomas P. Mayr Tue, 17 Feb 2009 15:52:50 +0000 http://dailyreckoning.com/?p=11629#comment-670 Could one of you please comment on the stupidity of Forbes and others blaming the mark-to-market accounting rules for the terrible economic decisions that have been made (and are still being made). Mark-to-market is the only tool to use. Without it, the banks will try their best to offload their portfolios onto shareholders or worse - the Treasury; at grossely inflated prices. Would be nice if we all could live in Make Believe Land, but we don't!!! If it's worth nothing, call it ZERO and let's move on. Could one of you please comment on the stupidity of Forbes and others blaming the mark-to-market accounting rules for the terrible economic decisions that have been made (and are still being made). Mark-to-market is the only tool to use. Without it, the banks will try their best to offload their portfolios onto shareholders or worse – the Treasury; at grossely inflated prices. Would be nice if we all could live in Make Believe Land, but we don’t!!! If it’s worth nothing, call it ZERO and let’s move on.

]]> By: Pedro http://dailyreckoning.com/an-edifice-of-pure-economic-crapola/#comment-669 Pedro Tue, 17 Feb 2009 15:22:03 +0000 http://dailyreckoning.com/?p=11629#comment-669 A while back one of you gurus, perhaps the MG himself, speculated that gold would rise above $900, then sometime soon another weather system would take it down considerably below $900 (that drop depending on how far above $900 it went) before shooting up again later in 2009 or so. Is this pattern still expected and due to what "event" or climate change? A while back one of you gurus, perhaps the MG himself, speculated that gold would rise above $900, then sometime soon another weather system would take it down considerably below $900 (that drop depending on how far above $900 it went) before shooting up again later in 2009 or so. Is this pattern still expected and due to what “event” or climate change?

]]> By: Todd’s Life » Blog Archive » Feb 16: Monday http://dailyreckoning.com/an-edifice-of-pure-economic-crapola/#comment-645 Todd’s Life » Blog Archive » Feb 16: Monday Tue, 17 Feb 2009 01:47:00 +0000 http://dailyreckoning.com/?p=11629#comment-645 [...] http://www.dailyreckoning.com/an-edifice-of-pure-economic-crapola/   [...] [...] http://www.dailyreckoning.com/an-edifice-of-pure-economic-crapola/   [...]

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