QE Forever?
#21
Posted 16 November 2013 - 09:32 PM
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
#22
Posted 16 November 2013 - 11:43 PM
This can't be good!
Seriously, deflation is the most frightening thing facing nations in debt.
And there is a whiff of worldwide deflation in the wind thus... QE "Forever" ...why not?
Gold's Biggest Issue: Deflation?
Why the Meltdown in Copper Prices this Week is Very Important for Precious Metals, and Possibly Equities Markets
http://stockcharts.com/c-sc/sc?s=$COPPER&p=D&b=5&g=0&i=p73659825481&r=1384663494864.png
http://stockcharts.com/c-sc/sc?s=$CRB&p=D&b=5&g=0&i=p06054548192&r=1384706133814.png
http://stockcharts.c...71474&r=453.png
Edited by Rogerdodger, 17 November 2013 - 11:36 AM.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#23
Posted 17 November 2013 - 08:23 AM
#24
Posted 17 November 2013 - 09:20 AM
The lying fraud theft war nsa is causing deflation.
The hopium paper was fictional faith and that is done too on a massive scale.
The asset prices is a panic out of the fake paper and deposit accounts, nothing more,
has a backside eventually which I figure on 2016-17 with an installment warning coming
up first of 2014.
My industry would depend on an awful large numbers of well paid employed with
large disposable incomes because the product price has doubled since about 2009.
A temporary subprime auto bubble stuffing years of future demand, makes the backside of this worse?
The price doubled late in response to 2004-2007 materials but was ultimately enabled later by
taking down the labor and taking down capacity industry wide.
Stick a fork in it, it gets worse, alot worse.
Inflation in capital assets, food, rent, taxes, medical, with deflation in labor.
http://www.economist.com/node/17465313
DANIEL DEFOE, the author of “Robinson Crusoe”, would have felt at home in these debt-laden times. A string of failed business ventures frequently left him in hock to his creditors. As a result he was known as the “Sunday gentleman” because he ventured out into polite society only on the Sabbath, when custom forbade the arrest of debtors.
The author also played a role in the evolution of “quantitative easing” (QE), or using newly created money to buy debt. He has been credited* with dreaming up the South Sea Company, the subject of an early experiment in QE.
Defoe was an enthusiast for Latin America and persuaded the British government to set up a company to trade with the region in 1711. Early business opportunities were almost non-existent thanks to Spanish opposition. But an enterprising director of the company called John Blunt saw another way to make money. Europe was then agog at the apparent success of John Law's schemes in France, where the sale of shares in a project to develop the Mississippi delta had relieved the monarchy of much of its debt. Blunt proposed that government-debt holders exchange their paper for new stock in the company.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
#25
Posted 17 November 2013 - 10:02 AM
17_16
#26
Posted 17 November 2013 - 10:29 AM
One of the more interesting threads at TT in a long time.
I forgot to add
I agree that in the short term deflation is more of a concern than inflation.
The VAT will put off the pain for a shorter time then it has in Europe.
Watch Europe for what the future could hold. The cost base of taxes and social spending can not compete with the USA and China.
So there is time.
17_16
#27
Posted 17 November 2013 - 10:37 AM
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
#28
Posted 17 November 2013 - 10:43 AM
#29
Posted 17 November 2013 - 10:57 AM
Martin Armstrong. The Stock Market Will Double By 2015
http://www.financial...e-market-double
Edited by Dex, 17 November 2013 - 11:04 AM.
17_16
#30
Posted 17 November 2013 - 11:18 AM
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics