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To: jrhana who wrote (25103)12/6/2003 1:59:12 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 39344
 
jr,
Don Coxe is IMO one of the best and one of few I listen to regularly. Simple, straightforward, no clutter, all meat, no filler :o)
regards
Kastel



To: jrhana who wrote (25103)12/6/2003 3:18:59 PM
From: TheSlowLane  Respond to of 39344
 
jrhana/enigma/kastelco - glad you enjoyed it, I think this week's call was exceptionally good. I would encourage people to listen to it, because then you get the full effect of vocal nuances/inflection. I do the transcript because I know that audio is not for everyone and I think what he has to say is vitally important. I have a feeling that his audience controls a vast amount of money, too. So, you feel like Cassandra too...glad I am not the only one.



To: jrhana who wrote (25103)12/6/2003 5:14:28 PM
From: SwampDogg  Read Replies (2) | Respond to of 39344
 
<<There has been and will be no deflation in my life time>>

Deflation is debt contraction more than anything else.
Take a look at a 200 year chart of inflation and deflation and this is pretty obvious. The Fed's attempts to inflate may fail badly and prices may collapse.

There was a head fake in inflation in 1929-1930 as well and it quickly went the other way. the only difference this time is the debt bubble is far worse and the banks are on the hook for all of the real estate.

How can you have a boom when nobody owns anything and wages are falling? They can inflate all they want but workers have to make more or else...

Bonds are telling us that inflation is not on the horizon. If the Fed raises rates (which I doubt)the yield curve will flatten and deflation will be even more of a problem.

The real question is whether the world will destroy the current Fiat system in order to save the U.S consumer from going bankrupt. When the rubber hits the road, I don't think that they will.



To: jrhana who wrote (25103)12/6/2003 7:26:20 PM
From: yard_man  Read Replies (1) | Respond to of 39344
 
there won't be any inflationary BOOM -- we've had the BOOM -- get ready for the BUST.



To: jrhana who wrote (25103)12/7/2003 6:20:38 PM
From: jrhana  Read Replies (1) | Respond to of 39344
 
The inflationary boom is at our doorstep

Message 19570533