Inflation or Deflation

So for stuff that you really need, has the price gone up since 2010?    Hell ya.

It really doesn't matter whether you consider inflation to be an increase in the money supply or an increase in product prices.

Funny how the "deflationistas" have dug in their heels.   Look at this article from 2010
 
http://www.ritholtz.com/blog/2010/07/inflation-versus-deflation/

They will print until they can't, what could be more clearcut?

Bucky, Still the King of Pain

Looks like Bucky going to Tap the Egg so to speak, know what I mean?

Municipal Default, Gov Dissolved so there is no one to sue, 1857

http://en.wikipedia.org/wiki/Watertown,_Wisconsin

Read down, a railroad bond fund default by a city. 

They did their own CDO, packaged up a bond that was for sure going to default, and then sold that crap off to some outsiders (well makes a good story anyway).    Then the city defaulted on building the railroad, railroad went bankrupt, and then the city completely dissolved the government so that there was no person who could be served with a suit.

The bondholders were mad and chased them all the way to the Supreme court, who decided, you guys don't get diddly.  


The year ---

1855, and influenced by the Panic of 1857

GDX Musings

Will they print or will they prefer riots in the streets trying to remove them from power?

 On May 15, 2012 we said

GDX time to back up the Buggy, gold buggy that is 

 http://oahutrading.blogspot.com/2012/05/gdx-time-to-back-up-buggy-gold-buggy.html

 It had fallen to 39 area, now in 47 area

Musing on Gold Miners Index, highly emotional, highly gamed.  

Rant on Sun Spots

 http://www.theaustralian.com.au/news/world/siberian-thaw-unlocks-ice-age-carbon-vault/story-e6frg6so-1226461953329

Story Above, Weather unlocking giant carbon vault

It might not have been that long ago that Antartica teemed with life.   

Stating that there are large weather variations that are part of natural cycles, and the “experts” effen get it wrong all the time.   The experts have a whole new theory every 5 to 15 years, on stuff that was accepted as fact not presented as theory.  

Sure we can be mucking up the environment with excess CO2, however, there is a good possibility that other Sun and earth cyclical factors are “bigger movers” of things, and we can be taking a lot of silly actions thinking that humans are all powerful, and those actions are misdirected and thus costly mistakes.  

Seems like humans and pre-humans were always good at moving around, nomad like.   Perhaps the ability to move and adapt was very valuable in the past, as the Sun and Earth cycles required it.

We just went through a “super minimum” of sun spots, not as extreme as the Maunder Minimum of the 1600’s, but the biggest of a century.   We shouldn’t expect business as usual in the weather.         

Now maybe we ought to think about not putting valuable or dangerous assets on the Ocean front (like nuke plants, that will sure work out well, keep them cool) and be ready for changing weather and planting patterns, and a lot of other stuff.

Oh, and did you know that the Dutch Tulip Mania and the Maunder Minimum were related in time......hmmm, and the recent debacle.......

Educators are the biggest lobbyists, hmmmm

 You wonder why higher education has tripled in cost?

They know that without jobs, they are the only game in town, and they are controlling the market and leglislative process.