Comments on: Fed’s Fake Recovery http://dailyreckoning.com/feds-fake-recovery/ Entertaining Ideas on the Economy, Markets, Gold, Oil and Investing Strategies. Fri, 10 Feb 2012 18:49:19 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: chris http://dailyreckoning.com/feds-fake-recovery/#comment-25053 chris Mon, 14 Sep 2009 03:28:32 +0000 http://dailyreckoning.com/?p=18333#comment-25053 Does 'fake it till you make it' also apply to economics? Tempted to say yes. Faking has been the underlying cause of the GFC; fake bond valuations, fake credit ratings, fake real estate values, fake earnings, fake growth prognoses, etc. It shows just how much economic activity depends on this intangible thing called confidence. Does ‘fake it till you make it’ also apply to economics?
Tempted to say yes.
Faking has been the underlying cause of the GFC; fake bond valuations, fake credit ratings, fake real estate values, fake earnings, fake growth prognoses, etc.
It shows just how much economic activity depends on this intangible thing called confidence.

]]> By: John http://dailyreckoning.com/feds-fake-recovery/#comment-24483 John Fri, 11 Sep 2009 20:53:45 +0000 http://dailyreckoning.com/?p=18333#comment-24483 "Unemployment is not rising; it is falling." Huh? I've been reading Mr. Bonner's scribblings for years and years and I greatly admire his work. But every now and then he messes up. Isn't anyone there at the DR proofing his work before it's posted? “Unemployment is not rising; it is falling.”

Huh?

I’ve been reading Mr. Bonner’s scribblings for years and years and I greatly admire his work. But every now and then he messes up. Isn’t anyone there at the DR proofing his work before it’s posted?

]]> By: Wil http://dailyreckoning.com/feds-fake-recovery/#comment-24472 Wil Fri, 11 Sep 2009 19:50:28 +0000 http://dailyreckoning.com/?p=18333#comment-24472 I the think it's more likely the Fed, Treasury and Bullion Banks are running out of funny money to suppress gold and strengthen the dollar. It's not foreign investors who are buying US debt, it's the FED, with it's custody account kiting scheme. Then you have the Sprott report. But right now, gold value is still for the most part quoted in USD. I the think it’s more likely the Fed, Treasury and Bullion Banks are running out of funny money to suppress gold and strengthen the dollar.
It’s not foreign investors who are buying US debt, it’s the FED, with it’s custody account kiting scheme.
Then you have the Sprott report.
But right now, gold value is still for the most part quoted in USD.

]]> By: Jason http://dailyreckoning.com/feds-fake-recovery/#comment-24469 Jason Fri, 11 Sep 2009 19:46:42 +0000 http://dailyreckoning.com/?p=18333#comment-24469 the White House has said that their stimulus program (ARRA) has created or saved one million jobs. This number is at best, a 'guesstimate' or a shell game, at worst, flagrant fabrication. Where did they arrive at this number? Why not just tell us that a trillion or even a zillion jobs were created or saved? the White House has said that their stimulus program (ARRA) has created or saved one million jobs. This number is at best, a ‘guesstimate’ or a shell game, at worst, flagrant fabrication. Where did they arrive at this number? Why not just tell us that a trillion or even a zillion jobs were created or saved?

]]> By: Harry http://dailyreckoning.com/feds-fake-recovery/#comment-24453 Harry Fri, 11 Sep 2009 18:52:59 +0000 http://dailyreckoning.com/?p=18333#comment-24453 Hi, don't mind me. I just get excitable when the warden gives me a few extra minutes of internet privs. Hi, don’t mind me. I just get excitable when the warden gives me a few extra minutes of internet privs.

]]>