Everything is Just Fine
Cognitive Dissonance In May of 2006 at the height of the housing bubble, then Fed Chairman Ben Bernanke gave a speech at the Federal Reserve Bank of Chicago’s 42nd Annual Conference on Bank Structure and Competition. https://www.federalreserve.gov/newsevents/speech/bernanke20060518a.htm. In the Q&A session he commented—”Rapid appreciation in house prices has made homeowners feel wealthy and has powered […]
$5 eggs and other inflation pain points: Here’s where prices are rising
While there are of course certain factors of supply and demand that can directly effect prices, such as bird flu means less chicken and eggs (reduction in supply) while demand stays the same, prices will rise due to shortages. Or the CA fires and natural disasters will cause insurance premiums to rise (more demand, limited […]
Jim Quinn: Everybody Knows | ZeroHedge
Long read but couldn’t have said it better myself…. Source: Jim Quinn: Everybody Knows | ZeroHedge
Lender of Last Resort – The Official Site for the Infinite Banking Concept – R. Nelson Nash
Source: Lender of Last Resort – The Official Site for the Infinite Banking Concept – R. Nelson Nash
Quarterly Statements
As the first quarter of 2014 comes to a close and mutual funds re-balance their holdings to make sure that their quarter end reports include the hottest stocks (window dressing) and they try to rotate sectors to make sure they are in the best performing sector…..blah blah blah blah…..and why should I care? Your right, […]