tag:blogger.com,1999:blog-6616959642391988608.post8933562416148117852..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Fear subsides, equity prices riseScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-6616959642391988608.post-75846037843854048092011-01-12T10:46:07.456-08:002011-01-12T10:46:07.456-08:00PL-
The Hayek-Mises-gold fetish crowd just does n...PL-<br /><br />The Hayek-Mises-gold fetish crowd just does not appeal to me.<br /><br />Listen, since the world went off the gold standard, we have had the greatest economic boom of all time. <br /><br />I could even venture that today, on the entire globe, the only people left in poverty are those living in repressive non-market or corrupt regimes, or that do have have good work ethics. <br /><Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-50046048919092723142011-01-12T10:00:04.650-08:002011-01-12T10:00:04.650-08:00Benji,
All you need to know about real estate fro...Benji,<br /><br />All you need to know about real estate from a free market real estate investor.<br /><br />http://mises.org/daily/4973<br /><br />Summary: the Fed and Government are your problem, not part of your solution.Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-59347091808103036192011-01-12T09:58:58.953-08:002011-01-12T09:58:58.953-08:00BTW, this is a fun little service that ranks the r...BTW, this is a fun little service that ranks the ratio of positive to negative headlines in the WSJ. A type of leading or coincident indicator. <br /><br />http://campaign.r20.constantcontact.com/render?llr=o7aasceab&v=0016-lMRck6nqH2FeAgaVXXg01TAzl9YmNX6Rxwgup_O9VnhB0e56G2ptVWNsMfyeO0KiG0JKqBtWPKF9SVshVnt1ctURLQt5QmTTaE0dlg2m7f8tsgXiyN7oMk8ANZYJwRBenjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-210717314731491592011-01-12T09:56:02.831-08:002011-01-12T09:56:02.831-08:00Still, the record since Japan halted QE is not enc...Still, the record since Japan halted QE is not encouraging, and in fact, bond traders now expect at least another eight years of deflation in Japan. They seem caught in perma-recession.<br /><br />Worse (and I am being a bit "soft" here), it seems to me the "energy" has shifted to S. Korea and China. Japan is headed to being a backwater nation.<br /><br />I can't claim QE Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-2649188561208907352011-01-12T09:42:21.563-08:002011-01-12T09:42:21.563-08:00Bernanke and prior CB's are/were the largest s...Bernanke and prior CB's are/were the largest sellers of volatility the planet has ever known. Levered on the backs of US taxpayers.<br /><br />When this strategy eventually goes bust, the whole system will come crashing down.<br /><br />The Fed keeps implementing this bailout strategy on an increasingly shakier and weaker base.<br /><br />Good luck to all but you cannot fool the market Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-20674303883691772902011-01-12T09:41:45.628-08:002011-01-12T09:41:45.628-08:00This comment has been removed by the author.Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-86176738509577538042011-01-12T09:30:20.342-08:002011-01-12T09:30:20.342-08:00I think it is very difficult to draw parallels bet...I think it is very difficult to draw parallels between Japan's QE and ours. As I've pointed out many times, Japan was suffering from a monetary deflation. Its currency had appreciated significantly--hugely--against every other currency and against gold and commodity prices. It was a massive deflation. When Japan halted its QE program in 2006, its currency was still significantly Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-53418812718514199512011-01-12T09:13:07.706-08:002011-01-12T09:13:07.706-08:00What happened to Japan when they ended their QE ef...What happened to Japan when they ended their QE efforts?Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com