(Logan Martin Lake Specific)
4,311 messages
Updated 1/15/2024 10:58:34 AM
Lakes Online Forum
83,605 messages
Updated 4/25/2024 9:33:24 PM
Lakes Online Forum
5,193 messages
Updated 4/3/2024 3:47:36 AM
(Logan Martin Lake Specific)
126 messages
Updated 12/23/2022 9:21:15 AM
Lakes Online Forum
4,169 messages
Updated 4/15/2024 11:05:05 PM
Lakes Online Forum
4,260 messages
Updated 3/24/2024 9:24:45 AM
Lakes Online Forum
2,976 messages
Updated 3/20/2024 11:53:43 PM
Lakes Online Forum
98 messages
Updated 4/15/2024 1:00:58 AM
|
|
|
| Name: |
Webmaster
- 
|
|
| Subject: |
FED Cuts The Greatest Subsidy To The Rich
|
|
Date:
|
12/18/2013 3:55:26 PM (updated 12/18/2013 3:59:24 PM)
|
Today, the Federal Reserve announced they will taper their counterfeiting measures by $10 billion per month. That amounts to a reduction of only 2.922% in counterfeit money being "printed" (of their grand total). The stated reasons to not taper in prior Fed announcements has been because the economy (employment) was not improved to their desired level. Do you think this taper is being done now so when Janet Yellen takes over the Chairman position they will have an excuse to print more counterfeit money, blaming that this taper did not "work"?
|
| Name: |
MartiniMan
-
|
|
| Subject: |
They are in a real bind
|
|
Date:
|
12/18/2013 7:46:09 PM
|
The fact is that the pumping by the Fed has created all sorts of artificial outcomes, not the least of which is a stock market far out performing any sense of economic reality. Just talk of QE easing has devastated the mortgage market which is at a 12 year low. However, the main problem with it is that it cannot go on forever and the real trick will be to have a soft landing. History tells us that said soft landing will be a challenge to accomplish. I don't envy Yellen because she has a hell of a mess to clean up......or maybe she will ease along and leave the mess for the next Fed chairman. Time will tell...
|
| Name: |
Webmaster
-
|
|
| Subject: |
Bad Outcomes
|
|
Date:
|
12/19/2013 11:47:58 AM (updated 12/19/2013 11:54:30 AM)
|
The one thing that got me interested in politics the past three years was doing research to try to figure out how to protect investments. Nothing seems safe. Money in stocks will be lost again (because of the bubble). We can't earn on savings because of the Fed's interest rates. Bank accounts and financial investments can be levied by the IRS and that is expected across the board when the Fed loses its printing power. There are limitations on exporting money. Cash money will be devalued because of inflation (and that is bad for exchange rates). Not even buying gold/silver bullion and coins is safe. Many people don't even know about the government gold confiscation in 1933. People are still having gold stolen from them today if the government proves it was hidden during the 1933 confiscation. I believe gold and silver ETFs are fraudulent because there are questions about oversight on whether the gold is really there. One can invest in non-depreciable assets, but what good will that holding be when the economy becomes poor that few have money to buy large assets (meaning property will not appreciate much anyway). When the Fed can't print, states will lose subsidies (which shouldn't exist now). That will turn land/property holdings into a liability because of property taxes.
All of this because of wars, false security, the welfare state and the retirement Ponzi scheme of 1935.
|
| Name: |
Webmaster
-
|
|
| Subject: |
Soft Landing
|
|
Date:
|
12/19/2013 12:35:28 PM
|
This is an article that talks about possible solutions. The Ludwig von Mises Institute, which primarily is an organization about sound money, is headquartered in Auburn, AL. It is located on Magnolia Avenue near the business school.
URL: How the Paper Money Experiment Will End
|
| Name: |
MartiniMan
-
|
|
| Subject: |
Soft Landing
|
|
Date:
|
12/19/2013 12:56:32 PM
|
Am very familiar with Mises as one of my son's close friends who recently graduated from Harvard had summer internships there for two summers. They do very good work I believe from a Libertarian perspective. Thanks for the link.
|
| Name: |
Webmaster
-
|
|
| Subject: |
Soft Landing
|
|
Date:
|
12/20/2013 12:37:39 PM
|
Mises was hiring an IT Director earlier this year. That would be the job of a lifetime to apply for (for me), but I haven't forgotten what it is like to have a day job and run a business on the side. I earned my degree at Auburn in 1992, but had not heard of Mises until about two years ago.
|
|
|
New Post
Search
Off-Topic Forum
Reply
»
Alabama Lakes
»
Logan Martin Lake
Login
|
Home
