BRILLAINT article, Dan, as usual. NOTE: The link isn't working.
I believe the Doom index has far higher integrity than any Bureau of Lying Statistics CPI numbers and job creation numbers. That is why there are so many other statistical analyses of inflation out there i.e. there are plenty of people who don't believe their numbers any more than people believe that lawfair is just or that jobs are being created in this robust economy. Or that a country and its people can grow richer by printing money that was never earned and saved.
Given that these political "leaders" spending money we haven't earned and saved to an extent never seen before with debt then at levels never seen before while the economy grows more and more slowly as the debt grows one should question their reasoning for building debt to be paid by our children. It also seems a bit ridiculous to be at war with a nation that has tremendous natural resources we could put to use, especially a losing war amongst the many losing wars. Brought to you by the same people bringing wokism, covid, calling you deplorable, cutting off young children body parts and giving your kids hormone shots that destroy their sexuality while you are kept in the dark, and now we have to watch men boxing women because the men want to call themselves women. Do these "leaders" have to show up at your house and shoot everyone in your family before one questions their motivations?
"It also seems a bit ridiculous to be at war with a nation that has tremendous natural resources we could put to use, especially a losing war amongst the many losing wars"
I find it interesting that our 2 or more dreaded enemies magically become best buddies and allies; the Germans and Japanese just to mention 2. How long before we will be embracing Russia and Iran having wasted billions of taxpayer and debt fighting these proxy wars?
These leaders are communists. It is amazing that there are people in America who can't understand that when they take away someone's right to free speech then they don't have a right to free speech.
Dan—week after week I appreciate your well reasoned articles. I realized today that readers might also like to know that our system is not the only broken system. Other than mentioning Japans
plight, most Western countries and many Eastern countries are coping with system brakes that do not get covered
by the big 3 (Bill Tom Dan). My point is that this is not an American phenom. We
are not alone in the morass. Every where I look, governments are dysfunctional. JF
When the Federal Reserve buys assets, one form of money is transformed into another, but no new money is injected directly into the real economy. Instead, money enters the real economy through credit issued by commercial banks. If this holds true, a distinction should be made between asset inflation and real economy inflation, as they result from two different mechanisms that are not directly connected. The article suggests a synergistic relationship between the reserve creation by the Fed and the money injected into the real economy by the US Treasury. Is this truly the case, or are we essentially dealing with two separate systems—financial assets and the real economy—where any interaction between them is only a secondary effect?
You are right in my opinion. The central banks create reserves which then via commercial banks get into the real Economy System via the credit multiplicator. Insofar it depends whether the banks spread it out or not or to what extent. But by buying assets like bonds the central banks manipulate the interest rates beyond the short term rates and insofar they control indirectly the real Economy System.
BRILLAINT article, Dan, as usual. NOTE: The link isn't working.
I believe the Doom index has far higher integrity than any Bureau of Lying Statistics CPI numbers and job creation numbers. That is why there are so many other statistical analyses of inflation out there i.e. there are plenty of people who don't believe their numbers any more than people believe that lawfair is just or that jobs are being created in this robust economy. Or that a country and its people can grow richer by printing money that was never earned and saved.
Given that these political "leaders" spending money we haven't earned and saved to an extent never seen before with debt then at levels never seen before while the economy grows more and more slowly as the debt grows one should question their reasoning for building debt to be paid by our children. It also seems a bit ridiculous to be at war with a nation that has tremendous natural resources we could put to use, especially a losing war amongst the many losing wars. Brought to you by the same people bringing wokism, covid, calling you deplorable, cutting off young children body parts and giving your kids hormone shots that destroy their sexuality while you are kept in the dark, and now we have to watch men boxing women because the men want to call themselves women. Do these "leaders" have to show up at your house and shoot everyone in your family before one questions their motivations?
"It also seems a bit ridiculous to be at war with a nation that has tremendous natural resources we could put to use, especially a losing war amongst the many losing wars"
I find it interesting that our 2 or more dreaded enemies magically become best buddies and allies; the Germans and Japanese just to mention 2. How long before we will be embracing Russia and Iran having wasted billions of taxpayer and debt fighting these proxy wars?
These leaders are communists. It is amazing that there are people in America who can't understand that when they take away someone's right to free speech then they don't have a right to free speech.
Dan—week after week I appreciate your well reasoned articles. I realized today that readers might also like to know that our system is not the only broken system. Other than mentioning Japans
plight, most Western countries and many Eastern countries are coping with system brakes that do not get covered
by the big 3 (Bill Tom Dan). My point is that this is not an American phenom. We
are not alone in the morass. Every where I look, governments are dysfunctional. JF
All leading to One World "Government" with One World "Currency" and One World "Leader."
Hmmmm. Seems I've read about all of these events in a Book...
And One "Prophet", Yuval Noah Harari. Good to hear from you, StarboardEdge. We do seem to be cut from the same cloth.
Amen.
The link for Friday doesn't work: It says "This page doesn't seem to exist.
It looks like the link pointing here was faulty. Maybe try searching?"
https://phoenician-league.lpages.co/summit-registration/
Thank you for the link, Dan!
The chapter ends with a ...? Anybody gonna take the bait?
Awaiting publication of the CliffsNotes
Meh. Maybe participate, but keep your hand firmly on your wallet...
💯Good advice
I will switch my wallet to the left side
That way I can keep my right on my pistol.
😉😂🤣
Left me leary of how much the “surprise” is going to cost me. I’ll probably get the book, but will definitely tread carefully, if at all.
When the Federal Reserve buys assets, one form of money is transformed into another, but no new money is injected directly into the real economy. Instead, money enters the real economy through credit issued by commercial banks. If this holds true, a distinction should be made between asset inflation and real economy inflation, as they result from two different mechanisms that are not directly connected. The article suggests a synergistic relationship between the reserve creation by the Fed and the money injected into the real economy by the US Treasury. Is this truly the case, or are we essentially dealing with two separate systems—financial assets and the real economy—where any interaction between them is only a secondary effect?
You are right in my opinion. The central banks create reserves which then via commercial banks get into the real Economy System via the credit multiplicator. Insofar it depends whether the banks spread it out or not or to what extent. But by buying assets like bonds the central banks manipulate the interest rates beyond the short term rates and insofar they control indirectly the real Economy System.
The link to register for Joe’s event doesn’t work. Do you have a link?
https://phoenician-league.lpages.co/summit-registration/
The link to Joe`s summit was faulty, could you send another one?
Thanks
Donnie
https://phoenician-league.lpages.co/summit-registration/
Same comment - the event link isn't working.
https://phoenician-league.lpages.co/summit-registration/
The link to Joe Withrow's August 9 event appears to be broken......
Try this: https://phoenician-league.lpages.co/summit-registration/
Link worked.