Remember the "Madelbaums" episodes?
That's what this country has become....a society crawling with "Mandelbaum" types.
"I'll show you who is the (fastest/smartest/most talented)....its go time!"
Hey man, just having some fun.
Hope you're having a great weekend!
steak market....close enough on the weekend.
Good recipe, Pud. I do something similar once a week.
You've made similar posts in the past, and planet x thingy should have happened by now, it's a bunchashit givitup endofstory amen.
Here we had and intelligent conversation going, with every participant red thumbed by....I suspect, "mav", the enemy of healthy two sided conversations here, and anywhere life exists, where the life forms are capable of communicating.
Hope your having a good weekend people, even you mav.
over and out.
Forget all that, and focus on something that will behoove you for the rest of your life: learn to flip real estate with a college level education from the quintessential, prenatal pro, that's right, the Don. Trump.
Pay a fee up front, then go for the upgrade offered on the telemarketing follow up call. It's going to sound like "the Don" will be with you every step of the way, but don't worry, once you give your payment info, no one will be there ever for you.
Of course it does!
So what card are you using, Visa, Mastercard, American Express or Discover?
With the current type of QE, interest rates can not rise, and it does prevent inflation. But interest rates keep needing to go down. As far as going negative, even.
Because the people who would normally borrow, can't. Pretty simple.
The gas needs to go in the tank, rather than being fed directly to the motor.
LOL, I don't know about "smooth things over", but they should definitely send you. Not necessarily round trip. LOL.
When it comes to "entitlement thinking", nobody !@$@#3es me off like the insurance fat cats and medical professionals right here in the good old USA.
We have a law here that says we must, MUST have insurance from one of these pig companies, or else pay a fine to the IRS. And you know the nice doctors at the hospital aren't ever thinking about how to wring the old sponge on anything or everything that could be "covered".
Give me "what is an $800 chest x-ray that took two minutes" for $100, Alex.
Don't even get me started on the pharma crooks.
Whose the entitled in this country?
Socialism is great for the banks, insurers, medical pros, etc.
But it's good ole capitalism for the rest?
No, not an attempt to force inflation, per se.
An attempt to keep consumers flush with cash, and at the same time, prevent run away inflation.
Run away inflation can be prevented with higher interest rates.
The problem with traditional, or "Japanese" style QE, is that it relieves a symptom without being a cure.
It's like having a car that runs out of gas, as an analogy; the consumer is the gas tank, and on the corporate side you have the combustion side of things.
Current QE is like feeding gas directly into the combustion side of things and not ever filling the gas tank.
Yet we see it has been a lack of gasoline causing the problems.
What they should do, is just open the spigot full throttle, and control it on the other end.....it's the only way interest rates will ever hit normal again.
They could also kill a few other birds with the one stone while their at it, for example, the automation dilemma sitting squarely on the horizon could be mitigated at the same time.
I don't feel as cynical as you seem to.
Most citizens, historically, pay zero attention to monetary policy.
But thanks to nut jobs like us, and forums like this one. more and more people are at least becoming aware of "monetary policy", "the Fed", etc.
And they go out and talk about it more now than ever.
The biggest problem I see is a lack of understanding.
Back in 2008, credit markets came to a freeze, a multitude of banks and insurers had become insolvent, yadda yadda we were on the brink of collapse.
If it weren't for the Fed, we would have collapsed. Give credit where it's due, at least now we're all arguing about how to improve the economy, rather than how to replace the entire system.
And yes, there are new tools to deal with a whole new approach to value, consumption and production.
Obviously, most stocks and indices are inflated right now. It's something that gets pointed out daily here, and everyone likes to talk about the causes of the bloat.
The question to ask is, "Would today's stock prices seem inflated two years from now?"
The market is a forward looking discounting mechanism. And right now it's telling me something about the horizon: It likes what it sees.
In spite of the fact that we have two very despised candidates running for president, the market seems awfully optimistic.
Perhaps it's the fact that public awareness about certain issues is forcing both candidates to adjust their platforms accordingly, which will no doubt produce growth friendly policies.
No doubt it will be hard for either candidate to get a heck of a lot through congress anyhow.
The big story in this election, which will receive little or no attention, is who will get the house and senate this time around?
Are stocks cheap right now?
What if Trump is on the receiving end of the surprise?
With Trump University, and a new con job exposed (his letter from his "doctor", a forgery proclaiming his health and fitness to be president)....
I wouldn't be surprised if Clinton benefits come Shocktober.
You left out all the wonderful effects of the "affordable (cough) care act".
There's more than one socialistic entitlement funnel, to the people who preach that entitlements and socialism are bad.
"Adam and Eve" is a story.
Perhaps early mankind's attempt at explaining how humans came to possess a conscious mind that differentiates "good", meaning desirable, from "bad" or "evil", that which is not desirable.
Anyone living today who believes these stories, is as you say, in my opinion.
My point, was to offer a reasonable explanation of how and why these stories came about.
For ancient mankind, the stories provided answers to unanswerable questions. Although flawed, the stories set people free to use their brains on more important things.
It allowed for a civilization that has continued to make progress, and still does today. However, I believe we are long past the point where those stories are needed, and the religions that grew from them are more of a hindrance than a help to further progress.