Their are many people in this world who consider themselves smart. Their so smart that they believe that the money supply should stay the same or ever so slightly go up as to be tied with gold.
These brilliant people never explain if population grows wouldn't that mean that the money supply depletes in relationship to the population. This being so we have a monetary depreciation of money.
Never mind the Midas's who wants it all as if money was some kind of game and the only way to win is to have more then the next person. In the game of survival that's not how the game is played.
Now I don't know how business is taught in Harvard, University of Chicago, or even Stanford, but I do understand that you need debt to succeed. Our politicians who are afraid of debt must be really lousy business people, or if they were successful in business before they decided to serve the country, they were probably idiot savant's who knew how to run their business but not very good in finance.
Wednesday, December 28, 2016
Sunday, December 25, 2016
Steve's barking; Trump=Hover or Roosevelt
On the campaign trail Donald Trump made like Teddy Roosevelt a rich man of the people. As he picks his cabinet he appears to be a man of the Republican bosses. Only time will tell.
Steve Barking; Watching a train wreck inside the train
Being an American who runs to car accidents out of curiosity as most my fellow countrymen do. Now we're going to watch a economic train wreck, the economic terrorist have taken over the U.S. economy.
Let's destroy foreign trade so that we can have runaway inflation.
Let's devalue the currency, so the cost of natural resources can go up. Yea we can sell our natural resources cheap, and for us Americans we have rising inflation.
For all those who complain that they paid into Social Security, and Medicare and they are not entitlements, the Repulican Party made it plain they they intend to destroy them as if they were welfare for the aged. Thanks for hurting the elderly consumer.
So we hire people who think it a good decision to have private roads, so that the delivery trucks have to pay exorbitant prices to ship goods from one place to another, just hope that inflation is high enough so that it can be purchased. Same with water. Purchase water and you can't afford that cable bill or the internet.
Continuing on, our companies are being run on cheap money, I'm positive that if the cost of money goes up a majority of public companies will be in deep trouble.
Ability to purchase goods and services in several years out for the majority of my fellow citizens will be a hardship.
Tariffs go both way and the purchasing of America's goods and services will be hard for the citizens of other counties.
Let's destroy foreign trade so that we can have runaway inflation.
Let's devalue the currency, so the cost of natural resources can go up. Yea we can sell our natural resources cheap, and for us Americans we have rising inflation.
For all those who complain that they paid into Social Security, and Medicare and they are not entitlements, the Repulican Party made it plain they they intend to destroy them as if they were welfare for the aged. Thanks for hurting the elderly consumer.
So we hire people who think it a good decision to have private roads, so that the delivery trucks have to pay exorbitant prices to ship goods from one place to another, just hope that inflation is high enough so that it can be purchased. Same with water. Purchase water and you can't afford that cable bill or the internet.
Continuing on, our companies are being run on cheap money, I'm positive that if the cost of money goes up a majority of public companies will be in deep trouble.
Ability to purchase goods and services in several years out for the majority of my fellow citizens will be a hardship.
Tariffs go both way and the purchasing of America's goods and services will be hard for the citizens of other counties.
Friday, December 16, 2016
Steve's barking: The inmates have taken over the asylum
When you look at the incoming administration you can say the old American saying inmates have taken over the asylum.
Hiring people who don't believe in the department that they head.
The president elect must be trying to destroy America with out really trying.
Hiring people who don't believe in the department that they head.
The president elect must be trying to destroy America with out really trying.
Subscribe to:
Comments (Atom)