Profile and commentaries of Doom
Member since September 2011
Followed by 0 memberFollows 0 member
85 commentaries, with 15 Replies
14 replies to his comments (16%)
Average Note : 68 / 100 for 44 rated commentaries  70  33 
Last commentary posted on Friday, December 28, 2018
 Profile Commentaries Followed By Following 
 James Howard Kunstler
Merry Christmas to All  (2)
Gee, if it wasn't constant robocalls all day long, maybe it'd be worthwhile to answer the phone...
12/28/2018 at 12:13 AMPermalink
 James Howard Kunstler
Stormy Weather  (10)
Agreed; I doubt he could have won against an actual human being, or, heck, anything in possession of a soul.
1/30/2018 at 12:11 AM  2  2  Rating :  0 Permalink
 Jordan Roy Byrne - The Daily Gold
Why You Must Own Silver in 2018
I don't know about your prediction, but, yeah, until the "we can short it infinitely often" issue is addressed, silver can only be whatever price the big banks want it to be...and $20 an ounce doesn't seem like something they want.
1/23/2018 at 5:25 AM  0  2  Rating :  -2 Permalink
 James Howard Kunstler
Racism-O-Rama  (8)
It's not just the English that is considered RACIST, it's also mathematics, and a wide range of other things:
1/15/2018 at 5:42 PM  2  0  Rating :  2 Permalink
 James Howard Kunstler
Who Moved My Xanax  (11)
My goodness, Mr. Kunstler may have gotten into the red pills...
1/12/2018 at 9:18 PM  1  1  Rating :  0 Permalink
 Andy Hoffman - Miles Franklin
Part 2, Politics and the Rule of Law  (4)
You'll have to clarify for me if you're serious or not (sometimes sarcasm doesn't go well in text). As the former president, Obama would be in a pretty good position to be responsible for major criminal acts committed by the government under his reign.

Considering the broad array of criminal allegations, it'd be pretty amazing if the guy at the top didn't know about anything at all.
1/5/2018 at 11:08 PM  2  2  Rating :  0 Permalink
 Andy Hoffman - Miles Franklin
Part 2, Politics and the Rule of Law  (4)
What bias? Do you have an example?
1/5/2018 at 4:29 AM  2  2  Rating :  0 2 AnswersPermalink
 James Howard Kunstler
What Now  (5)
Mathematically, doubling down is an amazingly powerful strategy...until it isn't.
12/4/2017 at 8:18 PMPermalink
 James Howard Kunstler
Another One Bites the Dust  (5)
Shallow it may be, but it's frickin' hilarious to laugh at all the hypocritical jerks who gave Trump ("I'm no angel") endless grief for his "when you're a celebrity you can grab them by the p*ssy" line now tell us to overlook this creep ("I'm sanctimonious because I'm on the Left") because he was just joking around. ;)
11/23/2017 at 3:31 AM  2  1  Rating :  1 Permalink
 Steve Saville - Speculative Investor
A silver price-suppression theory gets debunked  (3)
I think he linked the wrong article, because there's minimal facts and logic there relevant to price suppression. It's a shame, because I really would like to see a counter-argument the "mass conspiracy to suppress prices" theory.
10/7/2017 at 9:28 PM  0  1  Rating :  -1 Permalink
 Andy Hoffman - Miles Franklin
Did I Say Yesturday, The Most Precious Metal Bullish Quote Ever Well, Trump Took Just 24 Hours To Top It!  (2)
That's...pretty ignorant. Gold was much higher under Obama, and seeing as Trump is merely continuing the policies of Obama (and Bush, for that matter), the future of international politics is as dark as it's been for years.
8/14/2017 at 4:10 AM  0  1  Rating :  -1 Permalink
 James Howard Kunstler
Words and Deeds  (8)
Do you get the feeling we've got a couple of guys who just downvote everything? How about actually responding, instead of just a downvote?
7/29/2017 at 4:43 PM  4  3  Rating :  1 2 AnswersPermalink
 Mish - Global Economic Analysis
Fed Balance Sheet Unwinding Expected “Relatively Soon”: Let the Debate Begin
Also, the poor will be getting a huge shipment of free government cheese, fresh from the moon.
7/27/2017 at 12:42 AM  0  2  Rating :  -2 Permalink
 Andy Sutton
Supply Side Economics – 42 Years Later – Paul Craig Roberts  (5)
Lots and lots of things aren't in wikipedia, because they don't fit the Leftist narrative, and many entries have an extraordinarily biased presentation. That's why Infogalactic is steadily taking the place of wiki as a (more) valid source of information.
7/23/2017 at 10:54 PM  1  2  Rating :  -1 Permalink
 James Howard Kunstler
Meow  (3)
>>For all his blunders and stumbles...<<

To be fair, all presidents blunder and stumble like this. This is just the first in a long while where the media scrutinizes to this degree.
7/21/2017 at 11:13 PM  1  1  Rating :  0 Permalink
 James Howard Kunstler
Covfefe Land  (2)
You're using the word wrong. "Covfefe" refers to coverage or presentation of material from a hate-filled, particularly Leftist, point of view. For example, an article from Stormfront could be called racist covfefe article.

On the other hand, anything on CNN is simply covfefe.
6/2/2017 at 6:12 PMPermalink
 Sprott Money
Is Gold Signaling The Next Financial Crisis - Rory Hall/Dave Kranzler
Might be a loading glitch, article looks good to me.
5/11/2017 at 7:44 AMPermalink
 Graham Summer - Gains Pains & Capital
Interesting Cut and Paste From the Mayo Clinic  (3)
Indeed, Chelsea Clinton has very small hands.
4/30/2017 at 5:11 PM  3  1  Rating :  2 Permalink
 James Howard Kunstler
The Revenge of Comet Pizza  (1)
To be fair, Milo resigned from Breitbart, he wasn't "bounced." The problem we have here is this takedown was choreographed across the fake media, as so many other choreographed assaults have been (have we already forgotten election night with the parade of women claiming to be attacked by Trump?).

Meanwhile, Bill Maher said much the same choreographed takedown. Lena Dunham says even worse and.....
2/24/2017 at 10:14 PM  1  1  Rating :  0 Permalink
 Mish - Global Economic Analysis
US Consumers to Pay for Wall: Trump Plans 20 Border Tax on Mexican Goods  (1)
Trump is new to political theory and thus is ignorant of the concept of "unintended consequences." While this isn't a good sign, it's not that much worse than our veteran politicians who know how unintended consequences work, and enact bad/ineffectual policies anyway.
1/27/2017 at 10:01 PM  0  1  Rating :  -1 Permalink
 James Howard Kunstler
The Cheeto Cometh  (5)
"If he survives" is a pretty consistent qualifier among pundits regarding Trump.

It's pretty clear we're at the point now where we all know that our government will kill anyone who stands in the way of plundering the American people.
1/16/2017 at 7:33 PM  2  0  Rating :  2 2 AnswersPermalink
 James Howard Kunstler
The Deep State Blues  (3)
With every passing day, I'm forced to like Trump more for the enemies he's made.
12/19/2016 at 6:36 PM  2  1  Rating :  1 Permalink
 Andy Hoffman - Miles Franklin
Trump VS. Clinton-Who’s “Better” For Gold  (2)
Uh...I'm not sure I understand the conclusion here.
10/21/2016 at 1:24 AM  1  0  Rating :  1 Permalink
 Mish - Global Economic Analysis
Hillary on WikiLeaks Founder Julian Assange: “Can’t We Just Drone This guy”, Other Comments from Cl...  (1)
What's really telling here is that Trump calling a model Piggy is played out a horrifically bad behavior, all over the mainstream media for days...while Hillary makes very credible death threats and the media has nothing to say at all.
10/5/2016 at 3:17 AMPermalink
 Mish - Global Economic Analysis
Do You Believe There is Food Price Deflation Mish vs. Consensus
You covered the burrito index, which I think is a more fair representation of actual prices that most people pay. I use the taco index, myself. When I was a kid, tacos were a quarter, or 4 for a dollar. When I was at university, it was 3 tacos for a dollar at Taco Bell.

Now they're 1 for $1.20. So, either I'm around 400 years old (to be consistent with government's claims of low inflation), OR prices ar...
8/31/2016 at 5:54 PMPermalink
 James Howard Kunstler
The Odious Versus the Tedious  (5)
"Odious versus the tedious" is good prose, but "Odious versus the odious" is more accurate by far.
7/26/2016 at 5:10 AM  1  0  Rating :  1 Permalink
 Nathan Lewis - New World Economics
Where Does All the Money Go Let's Kick Around Colgate University  (1)
It's even worse than that, I'm afraid. There's a massive over- and double- counting of faculty that you can't get from that sheet. Many of the "faculty" are actually staff/administrators. For example, at my school, the deans and librarians were counted as faculty, effectively halving the student/faculty ratio. There are similarly weird "job definition" rules that allow for some amazing salaries at the administra...
6/20/2016 at 5:59 PMPermalink
 Mish - Global Economic Analysis
US Recession Odds Hit 55 According to Deutsche Bank Model
By recession, I reckon they mean "things so bad the government can't possibly manipulate the statistics to say we're not in a recession."
6/15/2016 at 2:46 AM  1  0  Rating :  1 Permalink
 David Bardallis
The $100,000 trazillion gaquillion plan  (45)
It's just so...accurate. If fiat means nothing, what difference does the number make, anyway? I love the quote by Krugman, it could easily be something he's said.
5/11/2016 at 9:46 PMPermalink
 David Bardallis
The $100,000 trazillion gaquillion plan  (45)
Wow, this sure has aged well.
5/11/2016 at 9:44 PMPermalink
 Mish - Global Economic Analysis
License to Steal: Italy’s Highest Court Rules “Theft Not a Crime if Hungry”
Actually, I find the "attempted theft" definition odd. Wouldn't pretty much all cases which make it to court be classified as "attempted theft"?

If they got away with it, then there's no case because the criminal can't be charged. But if they're caught, it's attempted, right?
5/3/2016 at 8:06 PMPermalink
 James Howard Kunstler
Can’t Anyone Fix This  (8)
Every presidential election my friends and I talk about how there's nobody worth voting for, and each time it just gets worse. Trump's a blowhard, but still leagues better than all other GOP candidates, who don't even dare say "I can't be bought." Hillary promises the same as the non-Trump GOP candidates (and lots of people have purchase receipts for her) and Sanders is promising the "we'll give you lots of fre...
10/19/2015 at 5:05 PM  2  0  Rating :  2 Permalink
 Peter Schiff - Euro Pacific Capital
Groundhog Day at the Fed  (16)
It is weird how the mathematics made it very clear that no meaningful rate hike is possible (yes, I qualified that with "meaningful" because a hike of .0001% might not tank the economy). Our country/economy is so debt-ridden. more importantly 0% interest debt-ridden, that a tiny increment would increase the payments by multiples....and most can't make the payments now without taking out further loans.

9/19/2015 at 12:49 AMPermalink
 Andy Hoffman - Miles Franklin
It does rather beg the question: rates can't go any lower. Rates can't be increased.

These guys no longer serve any purpose, so why can't we just get rid of them?
9/2/2015 at 7:56 PMPermalink
 James Howard Kunstler
Potemkin Party  (15)
He coughs at the phrase "Democratic Party Leadership"? Apparently he hasn't looked much at the GOP, whose leadership (gag) is also feeble.
7/27/2015 at 10:57 PM  1  0  Rating :  1 Permalink
 John Rubino - Dollar Collapse
Are Gold Investors Finally Capitulating
I just don't see capitulation as a possibility. IF you sell gold, you get...what, paper money? Paper money loses a few percent (or more) of it's value every year. You could put the cash in a bank but...Greece makes it very clear that banks aren't a good choice.

So, you'll have to invest that money in...what? CDs? Your rate of return there is 1% or so, and there's nothing out there that's particularly sa...
7/21/2015 at 4:50 AMPermalink
 Chris Vermeulen - GoldandOilGuy
Americans Have No Idea that the United States is on the Brink  (3)
Um, is there a parapgraph or two missing here?
6/26/2015 at 4:33 AMPermalink
 Mish - Global Economic Analysis
Deconstructing and Debunking Shadowstats  (2)
I was under the impression that the inflation stats on his site were, as he explained them: one set is "official government inflation", and the other is "inflation, assuming the government is correct about why it made a change."

See, the government changes how it measures inflation, on a fairly regular basis. When it makes a change, it justifies it, eg, "we're making this change because the current rule...
4/29/2015 at 4:43 AMPermalink
 Chris Vermeulen - GoldandOilGuy
In Three to Five Years Gold Will Be Priceless  (10)
Trouble is, everything here could be said just as accurately, 3 to 5 years ago.
4/23/2015 at 5:42 AMPermalink
 Mish - Global Economic Analysis
In Search of the Magic Wand: Career Change at Age 45 Possible  (1)
Yes, stay away from University of Phoenix, a school with a 9% graduation rate, that only gets students because it spends $200,000 a day on Google advertising, and where employers toss applicants with UoPhoenix degrees in the trash.
2/25/2015 at 11:34 PMPermalink
 Chris Powell - GATA
Doug Casey's omniscience vs. the many records of gold price suppression  (4)
I certainly concede Casey's omniscience is odd, but not proof that he's "in on it".

That said, large conspiracies have been successfully enacted for years, so I can't rule out a conspiracy just because it would take a few thousand people (cf Gulf of Tonkin), especially when banks acknowledge they do manipulate, at least to some extent.

But, please, can you provide a plausible explanation why go...
2/16/2015 at 2:27 AMPermalink
 Eric Dubin - Investor Intelligentsia
360 Tons of Gold Within Annual Worldwide Sewage Flows
I was under the impression that the highest yielding gold mine in Japan was the sewage treatment plant that covers a major industrial sector near Tokyo:
2/2/2015 at 5:15 PMPermalink
 Mish - Global Economic Analysis
Job Site of the Future: Unmanned Bulldozers and Drones for Routine Construction  (2)
Exactly! That's why the cotton gin and industrial steel mills closed down immediately and had no effect on the economy. Oh, wait. Nvm.
2/1/2015 at 6:46 PMPermalink
 Chris Powell - GATA
Koos Jansen: India's silver exports rose to record in 2014
Heh, the title doesn't match the subject. I would have been shocked if India was really exporting silver, much less exporting a record.
1/26/2015 at 6:30 PMPermalink
 James Howard Kunstler
The Broken Template  (10)
You can google "Obama's Stupid Community College Plan" to get an idea of how bad the community college system is.
1/26/2015 at 5:21 PM  2  0  Rating :  2 Permalink
 The Gold Report
John Williams: A Downhill Run for the Dollar in 2015  (1)
Certainly an interesting read, but Williams has been making these sorts of predictions many years now?

I have absolute confidence that the dollar's collapse is inevitable, but it's been "any month now" for a long time. I sure hope a new guy with a better crystal ball, because at this point most prognosticators are falling into the "stopped clock is right twice a day" category.
1/4/2015 at 8:05 PMPermalink
 Chris Ciovacco - Ciovacco Capital Management
Can Stocks Get Over The Hump This Time
The answer to the question that is the title: the US was a phenomenally wealthy country, and thus it was very easy to grotesquely underestimate just how long it will/would take for the fiat system to plunder all the wealth. The real question is "Just how much longer can the gold bugs be wrong?" I suspect less than 5 more years...but the immense wealth of this country is easily underestimated.
12/30/2014 at 6:40 PMPermalink
 Mark O'Byrne -
Swiss Gold Poll Likely Tighter Than Polls Suggest
Thing is, there's something really wrong with all these "close elections": the exit polls don't line up. That's why they stopped doing them for presidential elections in the US, and why Scotland is "a bit" upset that their independence vote failed. I strongly suspect that data is being manipulated so that the predicted outcome is "too close to call"...then, when, sho' 'nuff, the Powers That Be win the election, ...
11/24/2014 at 1:48 AM  2  0  Rating :  2 Permalink
 Charleston Voice
When Central Banks Re-build Silver Reserves  (16)
Coins have some measure of protection, for their "numismatic value", which the law an allow the serfs to keep. Bars have no such protection.

Somehow, I feel when the time comes, the law will simply be changed "to keep us safe", and, failing, that, they'll start shooting people in the head until the coins are "given" too.
11/4/2014 at 11:29 PM  3  0  Rating :  3 Permalink
 Mish - Global Economic Analysis
McDonald's Vows Fresh Thinking After Net Income Declines 30; Mish Offers Some Advice
Please reconsider asking for lower prices...the only way McDonald's can do that is to cut back on food quality. Seeing as they're already down to putting wood pulp in their "meat" and other foodlike products, I shudder to think what they might do to reduce quality further. I also avoid the fast food places.

I took my lady to a burger place today. I had a turkey burger, she the veggie burger. We each had...
10/22/2014 at 6:23 PMPermalink
 Mac Slavo - ShtfPlan
A Visual History: How Much $1 Used To Get You (And How Much It Gets You Now)  (4)
Weird, that's twice in a row with a random vote-down with no actual counter-argument.
9/22/2014 at 2:47 AM1 AnswerPermalink
 Mac Slavo - ShtfPlan
A Visual History: How Much $1 Used To Get You (And How Much It Gets You Now)  (4)
What's really odd about that list is how often the "new" price is in the area of 20x the old price, at least when you're around 50-100 years ago. It's almost as though the purchasing power of an ounce of silver (which is basically what "$1" represented over a century ago) has remained the same, while the purchasing power of a dollar has fairly consistently dropped 95% over that time period.
9/18/2014 at 11:37 PM  3  1  Rating :  2 1 AnswerPermalink
 Mish - Global Economic Analysis
Deflationary Spiral Nonsense; Keynesian Theory vs. Practice; Eurozone Policymakers Concerned About F  (3)
"the upcoming collapse in the Yen will provide the final proof that Keynesian economics is pure idiocy."

The final proof? Rubbish, Keynesian insanity has been proven as idiocy with every Keynesian experiment. When the Yen collapses (further), nobody will take it as proof...the Japanese consumers will be accused of hoarding, or it'll be blamed on poor weather, or even global warming.

If the Yen ...
9/17/2014 at 5:32 AM  1  1  Rating :  0 Permalink
 Jeff Clark - Casey Research
Survey Results: Readers’ Thoughts on Whether to Hold, Fold, or Be Bold  (1)
So, um, why no actual survey results? What % were bold? What % were fold?
9/16/2014 at 6:36 PMPermalink
 Michael Pento - Delta Global Advisors
Why Goldman Sachs is Wrong on Gold  (12)
Goldman Sachs has basically a 100% success rate on trades (feel free to correct me if I'm wrong). So, I'd sure love GS to be wrong, but, bottom line, they have a chokehold on trading that simply guarantees they will be right.

Right up until the point they are wrong, of course.
9/16/2014 at 3:52 AM  1  0  Rating :  1 Permalink
 Tim Iacono - Iacono Research
Oliver on Student Loans/For Profit Colleges
Indeed, for-profit schools are pretty scummy, but publicly supported schools, in many, many, ways are little better. It's quite common in public schools, for example, to take people with the documented mental capacity of an 8 year old, and sign them up for a lifetime of student loans. You can google my blog under "Professor Doom" and "education" to get much documentation of what's going on.
9/9/2014 at 7:19 PM  1  0  Rating :  1 Permalink
 Mish - Global Economic Analysis
Moral Dilemma: Should a Libertarian Who Does Not Need Food Stamps, but Qualifies for Them, Take Them  (3)
Certainly, that's part of it. But there are plenty of liberals that have at least some assets, that nevertheless have no morality to question. On the other hand, it seems like libertarians are forever questioning what is the morally right thing to do.
9/2/2014 at 5:40 AMPermalink
 Jeffrey Lewis
Silver and the Unmentionables  (8)
I have to agree the trading of silver/gold the last few months has been bizarre, to say the least. Ten/twenty years ago, every time something bullish for PB happened in the real world (eg, war, or threat of war), and these prices would jump. Now? We've had what, 3 wars/near wars in the few months and....nothing. If anything, a drop.

Now, some claim that it's all paper selling/shorting to keep the market...
9/1/2014 at 6:56 PM  1  0  Rating :  1 1 AnswerPermalink
 Mish - Global Economic Analysis
Moral Dilemma: Should a Libertarian Who Does Not Need Food Stamps, but Qualifies for Them, Take Them  (3)
Isn't it interesting that liberals never ask themselves "if I believe the government does everything better than humans, why don't I just give everything I have to the government and let it take care of me in whatever way it deems fit?"
8/30/2014 at 9:47 PM  1  0  Rating :  1 1 AnswerPermalink
 Mish - Global Economic Analysis
Trapped in Venezuela: Looking to Get Out Good Luck!
Yeah, "It can't happen here" is a terrible, terrible, assumption to make. I'll grant it's unlikely to happen tomorrow, but it's certain it'll happen at some point. It may be six months (or less), or sixty years (or more)...but past that I can't narrow it down much. My own feeling is it'll happen in my lifetime, but there's a decent chance I'll get lucky and die first.
8/28/2014 at 5:32 PMPermalink
 Michael Pento - Delta Global Advisors
The Keynesian Counterfactual is Japan  (6)
What's interesting about this is if you try to point out the Japanese failure of pure Keynesian policies to a liberal/Keynesian, he's just say "The US isn't the same as Japan, it's a bigger country, so Keynesianism works here." But then when you point out how other socialist policies failed horribly (like in the USSR), they just point to how Denmark or Finland have socialist policies that work fine...for the tim...
8/20/2014 at 5:17 PMPermalink
 Tim Iacono - Iacono Research
Elizabeth Warren on Banks and Student Loans  (1)
My blog actually covers the immense fraud of higher education/student loans in pretty heavy detail. Google "Professor Doom" and "Black Secret of Higher Education" to find one of the more relevant posts.
8/7/2014 at 3:30 AMPermalink
 Mark O'Byrne -
Gold Could Go To Infinity - Ron Paul  (2)
I always hate those "gold to infinity" expressions. It's far more accurate to say that "paper will go to zero" in terms of buying power. If gold really "went to infinity" I'd be able to buy the entire country with an ounce of gold...and we all know that's never going to happen under any circumstances.

Even in a "gold to infinity" scenario, it'll still probably take several ounces of gold to buy a decent...
8/1/2014 at 4:14 AM  2  0  Rating :  2 Permalink
 Chris Powell - GATA
GATA needs help, so please consider buying a T-shirt
Did I miss the link for buying a t-shirt?
7/21/2014 at 1:44 AMPermalink
 James West - Midas Letter
5 Things that Need to Happen for $2,000 Gold and $50 Silver  (15)
Isn't it more to fair any one of these things would cause what you claim? They're not all interrelated, but if the China dumps dollars, that could easily cause rates to rise. If QE ends (hah!), the market will tank hard core.

I'll grant that the futures markets failing won't necessarily cause any of the other things, but it seems like the collapse of the paper market could all by itself cause the physic...
7/13/2014 at 6:18 PM  2  0  Rating :  2 1 AnswerPermalink
 Chris Powell - GATA
German gold stays in New York in rebuff to euro doubters
Stuff like this makes me wonder "What will be the most outrageous lie of the 21st century?"

I'm pretty sure "Yeah, we have your gold. We're just not going to let you see it, or return it to you."
7/1/2014 at 4:40 AM  2  0  Rating :  2 Permalink
 Tom DiLorenzo - lewRockwell
How the Free Market Ends Discrimination  (5)
Maybe he could back it up with a link? I'm curious, if the South could be IN the Union with their slave system intact, why could it not be OUT of the Union with their slave system intact? Is he saying the Federal government really is that evil?
6/3/2014 at 5:55 PMPermalink
 Chris Vermeulen - GoldandOilGuy
Why Gold Is Falling and a Gold Forecast You May Not Like  (11)
If interest rates go lower, that'll just drive more people into buying rocks (that might appreciate in value) over savings in dollars or bonds (both guaranteed not to appreciate in value relative to inflation).

If the Fed raises rates like you predict, the country won't be able to pay the interest on the debt, leading to a collapse of the dollar. That's good for gold, too.
3/29/2014 at 5:10 PM  2  0  Rating :  2 Permalink
 Pete Kofod - Casey Resarch
What’s Wrong with Modern Libertarians  (3)
You've rather missed the key point of libertarianism: The Non-Aggression Principle. It may be worthwhile to at least learn the basic foundation of libertarian philosophies before posting a polemic against libertarianism. You don't have to do so, obviously, but it would help.

It's rather funny to hear you bemoan the name-calling of (unnamed, unlocated, unattributed) libertarians in one breath, and in ano...
3/6/2014 at 7:22 PMPermalink
 Julian D. W. Phillips - Gold Forecaster
Gold Silver Market Morning  (3)
The real question is why wasn't there a 9:30am massive short slam 3 days in a row?
2/15/2014 at 6:18 PM  0  1  Rating :  -1 Permalink
 Rick Ackerman
Deflation vs. Hyperinflation  (5)
I'll take a stab at that hyperinflation scenario. Initially, inflation grows "slow", just 20% or so for a few years...wages don't come close to keeping up. Rising prices affects almost everything day to day (food, gas, electricity, etc), but the money from that goes to corporations, not to the people providing those things. With no money to spare in the general population, service industry collapses for lack of ...
1/2/2014 at 6:48 AMPermalink
 Mish - Global Economic Analysis
U.S. Crushes 6 Tons of Ivory, Some of it Exquisitely Carved, to "Send Message" to Poachers; Does Thi  (4)
But...but if the government dumped all that ivory on the market at once, that would lower the price of ivory, and then it wouldn't be as lucrative for the poachers.

Oh wait, that makes sense, too, so no way the government would go for it.
11/19/2013 at 4:04 AM  4  2  Rating :  2 1 AnswerPermalink
 Chris Powell - GATA
Academic study admits possibility of gold market rigging but can't confirm it
But, it's impossible to document *anything* statistically, all you ever get is "evidence" that's always in the eye of the beholder. Tobacco companies, for decades, said there was no statistical evidence that smoking and lung cancer were related, because, ultimately, "statistical documentation" never objectively exists.
9/24/2013 at 6:38 PM  1  0  Rating :  1 Permalink
 Mish - Global Economic Analysis
"How Can One Calculate True Price Inflation"  (1)
Sorry for the double post, but my first comment vanished.

Lost in the above discussion is the mention of productivity increases, that should further factor into an inflation calculation. A lone man can harvest vastly more grain than decades ago--this should lower prices, but inflation has slurped up the benefit of better productivity. Similarly, high quality steel was worth more than its weight in gold ...
9/24/2013 at 5:47 PM  2  0  Rating :  2 Permalink
 Mish - Global Economic Analysis
Future of Education is At Hand: Online, Accredited, Affordable, Useful  (2)
Online education has potential, but the higher education system is utterly without integrity. Additionally, accreditation is nothing like you, or most people, think it is.
9/7/2013 at 4:01 AM  2  0  Rating :  2 Permalink
 Tim Iacono - Iacono Research
Indian Rupee Crisis Now Even More Comical
Hmm, the government will pay more than pawn shops and dealers...the dealers will respond by paying more. The government will respond by paying still more...repeat ad infinitum. Could the law of unintended consequences ignite the beginning of the end for fiat?
8/30/2013 at 6:36 AM  1  1  Rating :  0 Permalink
 Rick Ackerman
Career Advice for a Son or Daughter
Yes, only go for college degrees that are for a specific job. If you apply to college, and you are classified as "remedial", stay the hell out:
8/27/2013 at 7:26 AMPermalink
 Graham Summer - Gains Pains & Capital
The One Chart That Proves We’re Not in a “Recovery”  (1)
It's a shame I can't get the links to work.
7/10/2013 at 10:13 PMPermalink
 Lew Rockwell
Another Nail in the Neocon Coffin  (29)
Goodness, a pair of refugees from the Gaming Den, I think.
5/15/2013 at 8:30 PM  5  3  Rating :  2 Permalink
 John Rubino - Dollar Collapse
Welcome To The Third World, Part 5: Higher Education Goes Broke  (4)
Professors somewhere might be paid executive salaries, but certainly not where I am; I make about 1/3 of what the administrators make, however. The real issue with college expenses is the administrative bloat.

Back when my college had under 1,000 students, we had a dozen faculty and a like amount of administrators. Now we have 5,000 students and...20 faculty. Administrators, on the other hand, have inc...
6/25/2012 at 7:27 PM  1  0  Rating :  1 Permalink