SI
SI
discoversearch

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 coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: maceng2 who wrote (50475)3/20/2013 10:45:05 AM
From: ggersh  Read Replies (1) | Respond to of 71475
 
Do teardowns count???? News from anywhere and the machines go
friggin ballistic, doesn't matter if it's meaningful or meaningless...-nfg-

Welcome to bubbleville....-g-


UK Discloses Home Purchase Subsidy As Part Of Its Latest 2013 Budget

Submitted by Tyler Durden on 03/20/2013 - 09:56



As part of its 2013 budget, the UK announced something quite dramatic - a government-funded housing subsidy. The government will to commit GBP 3.5 billion of capital spending over the next three years to shared equity loans. The Loans will be up to 20% of the value of a new-build home. The government will also offer mortgage guarantee to lenders to help them provide more loans to people who can’t afford big deposits. Guarantees will be sufficient to support GBP130b of mortgages, Osborne says. "These guaranteed mortgages will be available to all homeowners, subject to the usual checks on responsible lending,” Osborne says.



To: maceng2 who wrote (50475)3/20/2013 12:12:33 PM
From: ggersh2 Recommendations  Respond to of 71475
 
Another way of looking at the art, is 13 years on and
no appreciation of "assets" and that's if you chose
your stocks correctly......

Over same said period CEO compensation and top 1%
wealth soared, while 99% toiled....-nfg-

Sorry for the disappointing art critique! -vbg-



To: maceng2 who wrote (50475)3/20/2013 12:15:15 PM
From: ggersh  Respond to of 71475
 
i'll tell you all about it on my next visit! -g-

zerohedge.com

Guest Post: How I Became A Trillionaire (And Some Thoughts On Inflation)Submitted by Tyler Durden on 03/20/2013 - 12:06

These photos illustrate the fundamentally arbitrary nature of fiat (paper) money. Why do we prefer the $100 greenback over the $100 trillion note issued by the Reserve Bank of Zimbabwe? The purchasing power of the Benjamin far exceeds the purchasing power of the $100 trillion bill. But the Benjamin is not immune to inflation; the dollar has lost about 95% of its 1900 purchasing power. If 95% of households are experiencing a loss of purchasing power and most of the new money and credit are flowing to the top 5%, you get asset bubbles, not demand-driven inflation. When 95% of the households are poorer in terms of purchasing power and financial wealth, where can demand-driven inflation arise in a global economy of massive manufacturing and labor over-capacity? The rise in costs within industries controlled by cartels (healthcare, higher education, defense, etc.) may look like demand-driven inflation, but are actually transfers of wealth and purchasing power from households to the government-protected cartels.