The community is delayed by three days for non registered users.

federal reserve notes

Thanks Saturn. WOAH indeed!

WOAH!!!

Posted by zzzz on 18th of May 2010 at 04:40 pm

Thanks Saturn. WOAH indeed!

Debt is deflationary when it's paid off, not if it's Monetizied.

On Bloomberg as well

GS in court

Posted by zzzz on 27th of Apr 2010 at 01:36 pm

On Bloomberg as well

there goes prechter's theory that

for the conspiracy minded...

Posted by zzzz on 10th of Mar 2010 at 01:05 pm

there goes prechter's theory that " they have no power at all"

Deflation happens when debt gets paid off. money - debt = 0 (+ interest)

What happens when the debt is defaulted (such as mortgages)? The money representing the debt is still in the money supply, is it not?

dow is the same after 8 years

Posted by zzzz on 12th of Sep 2009 at 03:33 am

 dow closed on 9/11/2009 -- 9605.41

 dow closed on 9/11/2001 -- 9605.51

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!