Steve’s a barking: What if we treated IPOs like the TV show the price is right ( huh)

 What is this crazy blogger writing about now? Comparing an IPO to a game show. 

 Well, that’s not exactly what I’m getting at. 

 The price that the owners of the stock before the IPO make a killing if (and it does) the price rises extremely high. My idea is just like the game show: the price is right (if you win something like a car), you are charged the full retail of the commodity in taxes (a car loses value as soon as you take it home). Well, the United States needs to help pay off its debt, so why not help pay off the debt by having the so-called gains of the person making the money the first day and possibly months later on the gains, so the rich slob should be treated like the poor slob, and we the people can help pay off our national debt.

 😃😜😜😜😜😜😜😜😜😜😜😜😜😜😜😜😜😜😜😜😜😜😜😜😜😜😜😜😜😜😜

Steve’s Barking; Question …. what happen to gold as hedge against inflation? (6/11/26)

 In the United States, we are having extremely high inflation. At the same time, the holding of gold is going down. Now, how do I know that gold is going down? Well, if the price is going down, I make the presumption that people are selling gold. Now, I’m assuming that people are not holding it against inflation,  as it was in the olden days.

Steve’s Barking; Question of the day, Is America committing suicide ?

 This crazy blogger has it in his head that by the IPO of SpaceX and the other non-solvent companies, the stock market will be destroyed.  It will destroy life savings, retirement, and pensions. 

 Now you may ask how will it do that? These non-profitable companies will take money from profitable companies, thereby diluting the money saved.

 No one is saying where the money that is needed to use AI companies and to travel to Mars is coming from. 

 Now companies are asking people to pay to go Add free. At one time, there was only a limited amount of ads on these platforms; now there is more time taken up by ads than content.

 Almost 100 years ago, the stock market crashed, and along with it came the Great Depression. Do you, the reader, think like me, this not-too-smart blogger, because of the weakening of regulations, there is an excellent chance of another market crash and another Great Depression? 

 In conclusion, did America commit economic suicide by loosening regulations?

Steve’s Barking; Question of the day. Where is all this money coming from?

 This blogger, not being the smartest guy in the world, doesn’t understand where all the money is coming from to build these AI data centers. I keep reading that Alphabet, Meta, SpaceX, and several new companies are going to need billions and billions of dollars, equaling trillions of trillions of dollars. Now I know that assets and debt equal over 45 trillion dollars, maybe more, but what I don’t understand is how can you turn assets and debt into liquid assets? Are the banks suddenly printing money, or have they been hoarding the billions? Are those with retirement money suddenly going to have money to go crazy and help finance these billions of dollars the AI data centers need?

 Speaking of money, who has that kind of money to invest in SpaceX IPO that values it over a trillion dollars? 

 I’m just not smart enough to figure it out.

Steve’s Barking; What me worry about birh rate

 Oh no, this crazy blogger is now saying that despite what the doom-sayers are shooting about, we shouldn’t be scared of lowering birth rates. We should be worrying about the sustainability of humans with the depletion of resources that we need to survive.

Steve’s Barking; Stock prudence wrong ( 6/5/2016)

 I kept hearing that the stock market was waiting for the job report. The assumption was that if the jobs report was good ( it great) stocks would go up, so as of 11am the stock market is down. Go figure 🤫

Steve’s Barking; Upper Middle class Democratic Socialist

  It has come to my attention that those who run and our in office are upper middle class. 

 It seems to me that they or the spouses make or have assets that put them in the upper middle class.

 The mayor of New York has land in Uganda that’s worth from reports upwards of a quarter of a million dollars.

 The  Democratic Socialist representative from Minnesota reported, then said no to at least a million dollar income.

 My ex representative from the Bronx and Queens hasn’t married her finance, so no one knows what she’s really worth.

 In my foolish mind I could care less. If they want to be the torch bearers for the lower income Americans so be it.

 My problem with the hiding of wealth by Democratic Socialists is the trust worthiness of these politicians. Hiding their income and or assets.