tag:blogger.com,1999:blog-7806136543904112143.post2571222803786780522..comments2023-10-30T09:23:42.803-05:00Comments on Some Assembly Required: SAR #16042Charles Kingsley Michaelson, IIIhttp://www.blogger.com/profile/04364694465614330540noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7806136543904112143.post-31043143389885486662016-02-11T16:38:21.696-06:002016-02-11T16:38:21.696-06:00I will have to admit I'm at a loss as to why b...I will have to admit I'm at a loss as to why banks think negative interest rates are good for anything except deflation. My new approach is to take all those economic arguments and rotate them 90 degrees to greed. QE is not for spurring the economy, it is for shoveling money directly into the pockets of the financial class. The same for ZIRP and NIRP. <br /><br />The abstract reason is, 'then there will be more economic activity', but that is fallacy. People that are NOT rich spend and make economic activity, and then over time the elite alter the system to increase their diversion of that wealth. Ever since the 50's, the rich have been tinkering, but the world is out of expansion room now. Hopefully the reset coming up will leave some folks around to have another try at a social order. Phase I of humanity, the expand like crazy part, seems to be over.Tnoreply@blogger.comtag:blogger.com,1999:blog-7806136543904112143.post-44811070240552217752016-02-11T09:17:40.435-06:002016-02-11T09:17:40.435-06:00I belabor the obvious when I opine 'The System...I belabor the obvious when I opine 'The System' wasn't built for sustainability and , as we all know full well, anything even remotely resembling 'equity', never mind efficency.<br /><br />The system serves as a justification of advantage for certain individuals, individuals who exploit their advantage over the rest of us for personal gain.<br /><br />Not a particularly stable platform to begin with but when the law is used to enforce inequity, this is what you get.<br /><br />Tangential to this is the lack of 'transparency' when it comes to the electoral process.<br /><br />Those who control the media 'coronate' the candidate of their choice and then obsfucate any attempts to uncover/reveal the truth. This is the danger presented by the 'middle of the road' candidate. That one can be firmly in their pocket but mouths the words enough of the public wants to hear making victory 'credible', just like the current meatpuppet.<br /><br />Which is to opine/agree that the whole 'process' has been suborned.<br />We can only wonder why we use 'secret' ballots at all. Most of us aren't shy when it comes to politics and it frequently comes to open hostility/blows between ardent supporters.<br /><br />But back in the days of the monarchs, expressing one's dissatisfaction with the current officeholder had some very detrimental side effects.<br /><br />Which leads us to Come the Dawn: (nicely put) and the likelihood that markets aren't 'efficeint' after all. Maybe the author chose poorly, example-wise, but logically, any/all 'new/virgin' stocks should outperform existing ones, even if their foundation is deeply flawed (and, rules being what they are, 'flawed' stocks shouldn't make it to IPO if the premise isn't at least marginally viable.)<br /><br />Since the whole financial edifice is built on 'belief' and worse, based on trust (and in the end it's theft.) Stocks are the ultimate 'do it yourself' money. Values are completly ficticious and it only serves those with, er, 'posessions' to 'magnify' those posessions.<br /><br />While the rest of us sit on the sidelines, shaking our heads in disbelief, thinking WTF!Gegnerhttps://www.blogger.com/profile/01918737715343158105noreply@blogger.comtag:blogger.com,1999:blog-7806136543904112143.post-43057689914379565732016-02-11T09:07:29.456-06:002016-02-11T09:07:29.456-06:00Iowa was really squirrely in the vote counting, an...Iowa was really squirrely in the vote counting, and because of so many superdelegates in New Hampshire Clinton will get one more delegate than Sanders despite losing by 22% in the popular vote. The fix is already in....DTenhttps://www.blogger.com/profile/16680692778145423072noreply@blogger.com