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Old 11-04-2018, 05:10 PM
 
749 posts, read 406,596 times
Reputation: 1116

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Every Growth Season (Day Cycle - Inflation) is followed by a Rest Season (Night Cycle -Deflation). We need deflation as much as we need inflation/growth. Deflation is a bad thing with a positive side. Deflation is what the FED dreads and tries to delay or mitigate, sometimes with outrageous inflation (1965-1983) and sometimes with dangerous asset bubbles (2001-PRESENT).

Why do we need deflation?
1) lowers prices
2) destroys debt
3) revitalizes the conservative SAVING CULTURE of the society
4) revitalizes the local currency.

To do this, every Night-Cycle must be accompanied by higher interest rates. Now Powell's FED needs to UNWIND the absurd delusions of Bernanke et al. PERPETUAL ECONOMIC GROWTH as an idea is madness. Asset Bubbles are not economic growth. Asset bubbles are the cause of the world's homeless catastrophe. HOMELESSNESS today is not caused by the lack of a job - it is caused by the HOUSING BUBBLE which forces prices too high. Inflation and debt inflation is the great destroyer of empires and civilizations.

What is the negative side of GROWTH?
1)An inflated gap between the rich and poor, which needs to be closed and will be closed by deflation
2)The pollution of the environment by business activity
3)The diminishment of the spiritual perspective
4)The accumulation of way too much DEBT, which will destroy the society if allowed to grow unrestricted, by ZIRP and NIRP and QE, which will be mitigated if deflation is not suppressed by smart economic tricks designed to preserve personal wealth at the cost of the whole society.

We don't need to be protected against the Business Cycle. The Business Cycle is periodical. Everything in cycles. Growth flows into Contraction; Contraction flows back into Growth. We need to plan that years of Growth are always followed by years of dissolution, with the understanding that Growth will follow again. Growth is never disconnected from the END OF GROWTH, and the beginning of decay and deflation of that Growth.

We are in deep water. We should have done one thing; and we did the opposite. Our elite, the 1% does not want deflation - because deflation and austerity will destroy their profits and lower prices, which will mean losses for them. But austerity is another word for self-discipline. In a society devoted to self-indulgence, of course, this will be considered a threat.

FED (Powell) is UNWINDING its balance sheet. And, unless they change course, they are planning to UNWIND for many years ahead. The UNWIND is erasing Dollars from the market. Fewer dollars, higher dollar cost. This is removing liquidity from the system, which was the basis of the ASSET BUBBLE economy 2001-PRESENT.

Good Luck!

 
Old 11-04-2018, 05:11 PM
 
712 posts, read 253,075 times
Reputation: 1235
if i sell my bubble for more than i paid for it...it is growth to me.
 
Old 11-04-2018, 05:20 PM
 
64,835 posts, read 66,327,513 times
Reputation: 43211
Here we go again
 
Old 11-04-2018, 05:23 PM
 
17,645 posts, read 12,253,083 times
Reputation: 12883
Hey when your last thread slows down just start another
 
Old 11-04-2018, 05:25 PM
 
64,835 posts, read 66,327,513 times
Reputation: 43211
You know , if you just keep repeating your opinions long enough they magically become the only outcome possible and view .
 
Old 11-04-2018, 05:57 PM
 
Location: Brawndo-Thirst-Mutilator-Nation
15,274 posts, read 15,266,256 times
Reputation: 10995
Bubbles are wonderful economic-growth if you are the one getting your bread buttered!
 
Old 11-04-2018, 06:00 PM
 
64,835 posts, read 66,327,513 times
Reputation: 43211
And there need not be a loser either. The same asset can get passed around and multiple people benefit. Likely more people benefit then the odds of being last man on the line when it pops
 
Old 11-04-2018, 07:00 PM
 
3,603 posts, read 2,016,855 times
Reputation: 6271
Buy Gold gold and more gold.
 
Old 11-04-2018, 07:02 PM
 
712 posts, read 253,075 times
Reputation: 1235
buy bubbles and more bubbles
 
Old 11-04-2018, 07:27 PM
 
1,718 posts, read 1,716,808 times
Reputation: 4021
There are a few on the forums that are masters at copy and paste as they post the same things over and over. Things like how well they are doing, how well their kids are doing ETC

Only thing I can figure is their local audience runs for the hills when they see them and the internet is the last frontier.
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