http://www.zerohedge.com/news/guest-post-wealth-inequality-america-understanding-source
Wow such an interesting article. Absolutely every thought of mine put out in a text form.
I encourage anyone interested in OWS movement to read it right now.
It was published yesterday.
Edit: Exept that I don't exactly agree on the idea of another great depression. I don't think anyone is going to allow it to happen. I believe this deflation is only short term and should be over rather soon. I think in any case we are headed for hyperinflation.
But these words... man... "if you treat money as a commodity, which it should be, then like any commodity there is a price".
Breathtaking.
or this
" Interest rates are always a measure of how valuable money is at any given time. If money is scarce then the interest rate is higher, if money is widely available then interest is lower."
Haha since 2009 Federal funds rate is doing 0-0.25%
Obviously money is widely available, no?
yet it's getting deflated somehow.
Hillarious!
Overall: a very entertaining read. Makes you think twice on where to put your dollars today.
Wow such an interesting article. Absolutely every thought of mine put out in a text form.
I encourage anyone interested in OWS movement to read it right now.
It was published yesterday.
Edit: Exept that I don't exactly agree on the idea of another great depression. I don't think anyone is going to allow it to happen. I believe this deflation is only short term and should be over rather soon. I think in any case we are headed for hyperinflation.
But these words... man... "if you treat money as a commodity, which it should be, then like any commodity there is a price".
Breathtaking.
or this
" Interest rates are always a measure of how valuable money is at any given time. If money is scarce then the interest rate is higher, if money is widely available then interest is lower."
Haha since 2009 Federal funds rate is doing 0-0.25%
Obviously money is widely available, no?
yet it's getting deflated somehow.
Hillarious!
Overall: a very entertaining read. Makes you think twice on where to put your dollars today.