SuzukiSavage.com - 20 Shocking Numbers of the Past Four Years

Savage_Rob Serious Thumper Alliance Member Offline Mechanically Inclined Amateur Posts: 6972 Texas (Dallas area) Gender:	20 Shocking Numbers of the Past Four Years 09/21/12 at 08:15:46 http://www.fool.com/investing/general/2012/09/18/20-shocking-numbers-of-the-p...
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justin_o_guy2

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Re: 20 Shocking Numbers of the Past Four Years
Reply #1 - 09/21/12 at 21:51:14

5 million is the number of personal bankruptcy filings since September 2008. The number of bachelor's degrees awarded from 2008 to 2011 is just slightly more, at 5.2 million.

( Do try to read it like a Brit, mate)
So, what theyre sayin is, I think, all but 200,000 of them what graduated with a Bachelors degree has done had to declare bankruptcy, is it? Ohh, my,, that isnt good,, that isnt good at all..
I suppose it'd be fair to say 'avin a Bachelors degree just dont pay.. ehh?

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The people never give up their liberties but under some delusion.- Edmund Burke.

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justin_o_guy2

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Re: 20 Shocking Numbers of the Past Four Years
Reply #2 - 09/21/12 at 21:55:19

$1.2 trillion is the increase in excess reserves banks hold at the Federal Reserve. This is why massive money printing hasn't led to massive inflation -- yet.

Nooo,, thats One of the reasons. Another reason is all the dollars held by other countries because they need them to buy & sell on the world stage. OIl is traded in Dollars.
Iraq & Libya had each announced plans to stop doing that & suddenly, they were Bad & needed invaded.

Wait till China & others come waltzing in with our "Mortgage Papers" & demand payment. They will "Buy", with our Fed Bonds, whatever they want & Then, That $$$ will be loosed into the economy, diluting the pool of dollars, which IS inflating the $$$ supply, & that, dear friends, IS inflation.

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The people never give up their liberties but under some delusion.- Edmund Burke.

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justin_o_guy2 Serious Thumper Offline What happened? Posts: 55279 East Texas, 1/2 dallas/la.	Re: 20 Shocking Numbers of the Past Four Years Reply #3 - 09/21/12 at 22:33:45 61% is the percentage of new debt issued by the Treasury that the Federal Reserve purchased last year. Does anyone grasp the gravity of that? If its not a bit confusing, that the FED is buying the debt, if that doesnt make ya go, Whaaat? Huhh? then you dont understand how important it is,
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srinath

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Re: 20 Shocking Numbers of the Past Four Years
Reply #4 - 09/24/12 at 10:33:10

justin_o_guy2 wrote on 09/21/12 at 21:55:19:

$1.2 trillion is the increase in excess reserves banks hold at the Federal Reserve. This is why massive money printing hasn't led to massive inflation -- yet.

Nooo,, thats One of the reasons. Another reason is all the dollars held by other countries because they need them to buy & sell on the world stage. OIl is traded in Dollars.
Iraq & Libya had each announced plans to stop doing that & suddenly, they were Bad & needed invaded.

Wait till China & others come waltzing in with our "Mortgage Papers" & demand payment. They will "Buy", with our Fed Bonds, whatever they want & Then, That $$$ will be loosed into the economy, diluting the pool of dollars, which IS inflating the $$$ supply, & that, dear friends, IS inflation.

Yes it is inflation - and we need it, bad. We have deflation in durable goods and inflation in consumables. We could use inflation all the way around.
Listen inflation doesn't hurt anyone except those that have liquid assets ... like as in cash. Wages adjust ... so does most other forms of assets ... in fact look for a nice old bike ... made in the 80's, like our savage. you dont see one in complete running shape for under 1500 do you ... as it so happens @ that price the yearly depreciation with normal use seems to be right about equal to the gain from inflation ...

Houses, land, and many many hard assets tend to keep right along with inflation. Vehicles will drop till they reach that plateau ...
Ask anyone about the 80's ... they buy a house and seem to be getting crushed under the payments ... 2-3 years go by and they downright feel their house was cheap and the payments ae very affordable. The miracle called inflation baby.
Of course Mitt romney wants deflation, cos he's hidden his $$$ in swiss banks where they dont pay you interest, they charge you for keeping their mouth shut ... so inflation is awful for him.

Cool.
Srinath.

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justin_o_guy2 Serious Thumper Offline What happened? Posts: 55279 East Texas, 1/2 dallas/la.	Re: 20 Shocking Numbers of the Past Four Years Reply #5 - 09/24/12 at 16:02:58 REad Creature from Jekkyl Island & such foolishness will never pass your lips again, Ask the folks who saw bread cost more than a wheelbarrow load of money,,
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srinath

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Re: 20 Shocking Numbers of the Past Four Years
Reply #6 - 09/24/12 at 17:41:24

justin_o_guy2 wrote on 09/24/12 at 16:02:58:

REad Creature from Jekkyl Island & such foolishness will never pass your lips again,

Dude dont quote someone or worse yet some book ... hypothetical, purely hypotherical.

justin_o_guy2 wrote on 09/24/12 at 16:02:58:

Ask the folks who saw bread cost more than a wheelbarrow load of money,,

You mean the people who lost WW1 and had to pay billions in indeminity and lost alsace and loraine to the various victors etc etc ... Those people, as soon as we lose WW3 I'll worry about that.

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Srinath.

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Paraquat Serious Thumper Offline SuzukiSavage.com Rocks! Posts: 2206	Re: 20 Shocking Numbers of the Past Four Years Reply #7 - 09/24/12 at 19:33:12 justin_o_guy2 wrote on 09/24/12 at 16:02:58: Ask the folks who saw bread cost more than a wheelbarrow load of money,, Perfect conditions in a power vacuum for a dictator to come to power. --Steve
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justin_o_guy2

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Re: 20 Shocking Numbers of the Past Four Years
Reply #8 - 09/24/12 at 19:57:23

srinath wrote on 09/24/12 at 17:41:24:

justin_o_guy2 wrote on 09/24/12 at 16:02:58:

REad Creature from Jekkyl Island & such foolishness will never pass your lips again,

Dude dont quote someone or worse yet some book ... hypothetical, purely hypotherical.

justin_o_guy2 wrote on 09/24/12 at 16:02:58:

Ask the folks who saw bread cost more than a wheelbarrow load of money,,

You mean the people who lost WW1 and had to pay billions in indeminity and lost alsace and loraine to the various victors etc etc ... Those people, as soon as we lose WW3 I'll worry about that.

Cool.
Srinath.

Dude dont quote someone or worse yet some book ... hypothetical, purely hypotherical.

Every bit as hypothetical as a math text book. Absolute, based in fact, truth about HOW the federal reserve works, what it does, & how it damages us,

Henry Ford Quotes
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
Henry Ford
Read more at http://www.brainyquote.com/quotes/quotes/h/henryford136294.html#SEDHEE7iL59HS...

I am one of few who DO know, & he was right,YOu clearly dont, so, you continue to believe as you were taught,

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The people never give up their liberties but under some delusion.- Edmund Burke.

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srinath

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Re: 20 Shocking Numbers of the Past Four Years
Reply #9 - 09/25/12 at 07:29:05

justin_o_guy2 wrote on 09/24/12 at 19:57:23:

Every bit as hypothetical as a math text book. Absolute, based in fact, truth about HOW the federal reserve works, what it does, & how it damages us,

There are underlying assumptions, with the damage you theorise there is enough of them to rival the encyclopaedia brittanica. In a math text book there is enough to fill a few lines of text that increase in complexity as the problems increase in complexity.

Example Sq root of 4 = + or - 2. Assumptions for that - none required.
vs this -

Theorem 21 of geometry: The angle between chord and tangent = angle in the alternate segment. Oooo nice theorem, except it assumes you are talking about a circle - not an ellipse, parabola, hyperbola, cardiode, involute or a (pholeum) folium of descartes all of which have chords and tangents.

Enough pre conditions to choke a horse my friend ... the monetary system and the feds meddling etc etc etc all can cause economic collapse ... and if your loaf of bread cost a wheel barrow full of $$$ who would be the worst off or best off ... all of it is dependent on many many assumptions and pre conditions. Why do people go to gold when there is an economic collpse - that makes the least sense ... ok when you consider than historically there was the gold standard ... it sorta made sense ... however when we do have a collapse now gold will be as worthless as the wheel barrow full of cash ... cos you can eat neither ... You can feed $$$ to a goat and then kill the goat and eat that, but you have to have a goat to start with.
Cool.
srinath.

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Savage_Rob

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Re: 20 Shocking Numbers of the Past Four Years
Reply #10 - 09/25/12 at 12:38:55

srinath wrote on 09/25/12 at 07:29:05:

justin_o_guy2 wrote on 09/24/12 at 19:57:23:

Every bit as hypothetical as a math text book. Absolute, based in fact, truth about HOW the federal reserve works, what it does, & how it damages us,

There are underlying assumptions, with the damage you theorise there is enough of them to rival the encyclopaedia brittanica. In a math text book there is enough to fill a few lines of text that increase in complexity as the problems increase in complexity.

Example Sq root of 4 = + or - 2. Assumptions for that - none required.
vs this -

Theorem 21 of geometry: The angle between chord and tangent = angle in the alternate segment. Oooo nice theorem, except it assumes you are talking about a circle - not an ellipse, parabola, hyperbola, cardiode, involute or a (pholeum) folium of descartes all of which have chords and tangents.

Enough pre conditions to choke a horse my friend ... the monetary system and the feds meddling etc etc etc all can cause economic collapse ... and if your loaf of bread cost a wheel barrow full of $$$ who would be the worst off or best off ... all of it is dependent on many many assumptions and pre conditions. Why do people go to gold when there is an economic collpse - that makes the least sense ... ok when you consider than historically there was the gold standard ... it sorta made sense ... however when we do have a collapse now gold will be as worthless as the wheel barrow full of cash ... cos you can eat neither ... You can feed $$$ to a goat and then kill the goat and eat that, but you have to have a goat to start with.
Cool.
srinath.

JOG's assertion is that the book is factual rather than your assertion that it's hypothetical. It's that simple.

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srinath

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Re: 20 Shocking Numbers of the Past Four Years
Reply #11 - 09/26/12 at 07:13:42

Savage_Rob wrote on 09/25/12 at 12:38:55:

JOG's assertion is that the book is factual rather than your assertion that it's hypothetical. It's that simple.

I am saying that its factual too, except so many many things had to happen just the right way ...
Like have you ever seen an auto or worse a bike accident that you cant imagine how the rider walked away ... or someone die in what seemed like a simple accident ... That is a classic case of what could happen. Many many moving parts, and if you get it just right you dont damage much, if you get it just wrong you damage a lot.
Cool.
Srinath.

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justin_o_guy2 Serious Thumper Offline What happened? Posts: 55279 East Texas, 1/2 dallas/la.	Re: 20 Shocking Numbers of the Past Four Years Reply #12 - 09/26/12 at 18:17:16 YOure smart enough to get it if youd read the book.,
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