Well written and interesting. What I see is that while the inflation will benefit the financial sector, who can all magically adjust their incomes to compensate for the loss of purchasing power, it doe not benefit at all the much larger segment who lack that wonderful ability. Thus the net effect is injuring the majority of folks, and really, doing that damage quite intentionally.
Inded, flinging timulus dollar around everywhere may possibly get some help to those in need, or maybe not. Evidently there i a great thrill in flinging other people's money helter skelter. But I doubt that it would thrill me much. So what the ultimate effect of this money flinging become await to be seen, although the prediction of inflation and suffocating debt seem believable.
That NFT craze is not new, it has just extended from the art world, where items sel for prices not related to their values. It indicates a rather hedonistic mindset coupled with an excess of wealth easily gotten. " Chasing after the wind, catching it, and feeding on it."to quote a verse in Proverbs.
And of course, the fools un the federal reserve will do nothing to displease their friends in Wall Street, such as avoiding inflation.
It may happen that there will come a "correction" of rather brutal proportions. Certainly painful for all of us.
What needs to be done for the benefit of everybody except speculators is a small change to the rules, making all petroleum future purchases CASH ONLY, no credit or other "leveraging" permitted. Not really an infringement on rights, just an alteration of the process.
The fact is that gas is one of the very few well defined commodities that folks need to have.
Quite an interesting article, but one disagreement, which is that "The Inflationists" have been at their demented game for much longer than a decade, although probably different words were chosen to disguise the activities.
Latest Comments
Investors, Speculators, Gamblers, Instigators
Thanks for a well-thought article with some great insights.
Inflation Fears Relating To $1.9 Trillion Stimulus Are Exaggerated
Well written and interesting. What I see is that while the inflation will benefit the financial sector, who can all magically adjust their incomes to compensate for the loss of purchasing power, it doe not benefit at all the much larger segment who lack that wonderful ability. Thus the net effect is injuring the majority of folks, and really, doing that damage quite intentionally.
US Stock Market Weekly Review March 15 – 19, 2021
Inded, flinging timulus dollar around everywhere may possibly get some help to those in need, or maybe not. Evidently there i a great thrill in flinging other people's money helter skelter. But I doubt that it would thrill me much. So what the ultimate effect of this money flinging become await to be seen, although the prediction of inflation and suffocating debt seem believable.
Dawn Of The Dead In The United States Of Voodoo
Quite an interesting article, but very unfortunately it seems to be rather correct. THAT is the bad part.
Volatility Increases As Markets Worry About Higher Rates
That NFT craze is not new, it has just extended from the art world, where items sel for prices not related to their values. It indicates a rather hedonistic mindset coupled with an excess of wealth easily gotten. " Chasing after the wind, catching it, and feeding on it."to quote a verse in Proverbs.
And of course, the fools un the federal reserve will do nothing to displease their friends in Wall Street, such as avoiding inflation.
It may happen that there will come a "correction" of rather brutal proportions. Certainly painful for all of us.
Is Buying The Dip Dead?
An interesting summary after the video.
What Will Q1 2021 Earnings Season Show?
My prediction is that some will win big time, some will do OK, and some will lose their shirts. Who will do which is not so very clear right now.
Reddit/Robinhood Short Interest Squeeze Activity Continues
Interesting indeed, But will it deter the short sellers? Probably not, unless they go totally broke and are unable to get credit again.
But it is an interesting show to watch. But who is making the money from them buying those shares to bid up the price? That group is the winner.
Okay, NYMEX, Go On …
What needs to be done for the benefit of everybody except speculators is a small change to the rules, making all petroleum future purchases CASH ONLY, no credit or other "leveraging" permitted. Not really an infringement on rights, just an alteration of the process.
The fact is that gas is one of the very few well defined commodities that folks need to have.
Value Will Continue To Outperform?
Quite an interesting article, but one disagreement, which is that "The Inflationists" have been at their demented game for much longer than a decade, although probably different words were chosen to disguise the activities.