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for the MISH followers. . .

derrybderryb Posts: 36,792 ✭✭✭✭✭

"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

Comments

  • Derry, thanks for posting that link. very good read.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Very thought provoking.... would be interesting to see what would happen if the Fed were abolished.... nah, the politicos would structure something equally stupid to take it's place, since they need to control the money. Cheers, RickO
  • jmski52jmski52 Posts: 22,822 ✭✭✭✭✭
    Thanks for the link. His model gives me a better understanding of what credit does to the investing equation. His comments on growth, or lack of it in various markets for the next 10-20 years are telling.

    He thinks that the USA is still the place to be, and I still agree with him.

    I liked his description of silver: <<Silver, however, has a huge industrial component. Sometimes silver acts like money but most of the time it acts more like a commodity plaything.>>image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • Thanks !
    NumbersUsa, FairUs, Alipac, CapsWeb, and TeamAmericaPac
  • InYHWHWeTrustInYHWHWeTrust Posts: 1,448 ✭✭✭
    nice interview... very sad to hear about his wife having advanced ALS, had no idea image
    Do your best to avoid circular arguments, as it will help you reason better, because better reasoning is often a result of avoiding circular arguments.
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