Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: ChanceIs who wrote (241123)	3/16/2010 3:22:11 PM
From: GST	Read Replies (2) \| Respond to of 306849

<MISH I believe is self educated in economics> When pressed, Mish defines inflation as an increase in money supply caused by an increase in money supply -- it is clear -- very clear -- and it is absurd. One of the problems with economics is that economists are not good at being clear. Money is a good example -- it serves two purposes: 1) As a medium of exchange and 2) As a store of value. The note that you cite that Mish posted was far from clear on the velocity of money because he failed to note that money can and does have two purposes -- as a medium of exchange and a store of value. For money to be a stable store of value it should increase along with the size of the economy. This is not rocket science. If money does not expand along with the size of the economy it tends to act as a drag on the economy. If money supply expands faster than the economy it tends to undercut the role of money as a store of value -- again, not exactly rocket science. It is about as complicated as knowing what size pants to where -- bigger pants for bigger people and smaller pants for smaller people. But Mish will tell you that any size of pants will do -- and big people can wear little tiny skinny pants if they want to -- ouch. Mish likes to play like he knows something that most humans overlooked or are confused about. Far from shedding light, he simply adds lots of misinformation because he does not think so much as believe. If there is inflation, Mish does not 'believe it' because it does not suit his belief system. If you really want to understand Mish it is not hard -- his ego far exceeds his knowledge base and he uses any opportunity at self-promotion to inflate his profile and drive traffic to his web-site -- this is the business that he is in -- self-promotion.

To: ChanceIs who wrote (241123)	3/16/2010 3:44:56 PM
From: Skeeter Bug	Read Replies (2) \| Respond to of 306849

>>Sometimes I wonder if the banks don't own the schools and intentionally keep people in the dark.<< government owns the schools - and who owns government? i always wondered why personal finance wasn't taught in school FIRST. what is more important? greenspan and bernanke know exactly what their job is. they are not fools. they are experts at what they do. let charles lindbergh explain: "From now on, depressions will be scientifically created." -- Congressman Charles A. Lindbergh Sr. , 1913 "The financial system has been turned over to the Federal Reserve Board. That Board administers the finance system by authority of a purely profiteering group. The system is Private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money" -- Charles A. Lindbergh Sr., 1923 some general quotes: barefootsworld.net this is by design. the battle between the banking cartel and the people to control the money powers in this nation is not taught anywhere - except in independent productions like Bill Still's The Money Masters and The Secret of Oz.

To: ChanceIs who wrote (241123)	3/16/2010 5:25:37 PM
From: Skeeter Bug	Respond to of 306849

Chancels, this was put together to try and make the learning process as easy as possible. swarmusa.com i think that rothschild quote belongs on top of this page - i'll see if Nate will add it. if you have any suggestions, let me know and i will forward them. it isn't that intelligence is lacking, it is that the will to learn something dry is lacking. that "dry" is WMD that impoverishes society. nobody will save us, we have to save ourselves. Swarm Central is eye of the resistance. swarmusa.com if you sign up, you get swarm targets via email.