Recent content by Mick01

Sorry for the type-O, should've checked. The DOW is riding pretty high right now by anyone's standards, but the DOW does not reflect the economy as a whole. So, continue inflating the DOW for show or go into austerity with Europe?

With the PPT keeping the DOW afloat for political purposes, the question I pose is this: Post election, do we see the govt care about maintaining the appearance of a growing economy? If so, will he they to inflate the DOW with trillions more fiat cash? If not, will they assume the...

All I know is that post election, the US is going for a long ride downhill.

You really think we should take the word of a guy who calls himself an expert economist but couldn't see the crash of 2008 coming? Has Bernanke ever been right? Don't think so. His word isn't worth much IMO

Here's a chart I would like to see. The number of 50K+ paying jobs lost versus the number of >40K jobs gained since this great "recovery." You can cover up the truth but you can't cover up the consequences of the truth.

Further to this: Don't believe the media when they tell us that inventory is down and demand is up, causing higher prices in some markets. This is nothing more than large institutional investment houses buying mortgage backed securities like the FED is doing, so in essence frontrunning...

This answer seems logical when dealing with a manufacturing driven economy, which the US no longer is. Would you then include the entire manufacturing of the world, which can easily ship into this economy to fill the need? Seems to break down when we consider how easily other manufacturing...

Many people believe we will see hyperinflation at some point due to all the printing Ben's doing, but I recently read an economist who stated it will take very long due to a few reasons. 1)The amount of cash printed represents only 2-3% of overall US dollars on the world market and therefore...