The volume is monstrous. Something is up.
From MACRO point of view, the money is just a fake notion. So you are right.
If you observe carefully, the plant world converts the energy from Sun light into carbohydrate and then the animal kingdom consumes the carbohydrate to retrieve the energy. The human society and the game of money are built on the need for us to consume to sustain our life and meet our needs and desires.
What if our bodies are design to take energy from the Sun light directly -- one hour of exposure to Sun light per day would be enough? Think about it.
I just checked the usdebtclock dot org website, the largest federal spending items are Social Security $850 Billion, Medicare/Medicaid $840 Billion, Defense $594B, Income Security $310B, Net Interest on Debt $266B, and Federal Pension $247 B.
If Fed really hike the interest rate to the so-called "normalized" level, then the Net Interest on Debt could easily balloon to $500 B and higher. So expect the future federal budget deficit to be around $1 Trillion per year.
Making something means actually manifesting physical objects.
Printing something means creating notions in people's minds. They are only abstract constructs which do not have manifestation in the physical plane.
The trillions dollars printed by Fed are not actual physical money, but "phantom" constructs in people's minds. They are real only because you believe the money in your 401K account is real and the money you use to trade stock is real.
It is anybody's guess.
but failed to get above 100-day SMA line. Maybe the algorithmic trading programs will pick up steam tomorrow. Just my guess.
If the oil continue to fall, then the financial market will experience shocks, given the hundred of billion worth of financial derivatives bets tied to oil prices.
Read the book, you will understand. If you do not have a clue the first time, read many times.
Where is the energy of fission process (nuclear bomb) come from? The conventional physics concludes that the massive amount of energy is stored in the fissile material. But some some suggested that the energy comes from the high-plane, and the fission process only serves as a "portal".
There are plenty energy around for us to use. I suspect that the so-called fission process is only a way to open a portal in order to "download" massive amount of energy from the higher dimensions.
Maybe the big crash, i.e. 10% drop in DOW in one day, is coming, given the acute liquidity crunch.
The $10 oil price is probably coming. And it will bring extraordinary shocks to the financial market, and the global financial institutions.
Many investment banks might believe that their risks are well hedged. But there is no way to predict the counterparty risk -- the defaulting of parties with concentrated losing bets, as in AIG case.
stocktor_evil became so hyper every time I post is because I have concluded that NASA did not send men onto the Moon during the Apollo program. and he strongly disagree: how can the news/truth reported on the TV be false?
The reason I concluded that NASA did not land men on the Moon is quite simple: The Moon has 1/6 gravity of the Earth. In order to bring the Astronauts safely home, a rocket, i.e. the lunar module, needs to be launch from the Moon surface.
Interestingly, NASA never conducted the test launch of Lunar Module on the Moon surface before sending the human astronauts in.
but what Treasury Secretary Lew did not mention is that there are probably hundreds of billions notional value of financial bets ( swaps, CDO, CLO, commodity futures, etc) tied to oil prices. The sudden collapse in oil prices would likely trigger turmoil in the financial market in a not-so-transpart way.
The damage to the mainstreet from such turmoil could out-weigh the beneficial "tax cut" effect
I can imagine that large sum of money are transferred from the losers to the winners in those financial bets, such as swaps, commodity linked products, commodity futures, etc. Will the global investment sail through this perfect storm safely??
It is anybody's guess.
so the sudden collapse in oil price does not affect the financial stability of global investment banks??
In the current fission technology, the pertinent question is whether the massive amount of energy is stored in the purified Uranium, or the purified Uranium only serves as a portal to massive amount of energy from the higher dimensions.
Does that matter serve as the storage of energy, or as the channeler of the energy from the higher dimensions?