Monday, November 30, 2015

Consequences

Moral: Wherein we look at Quora, briefly.

A question came up: Why does it matter that the Fed hasn't raise interest rates yet?

My answer: Why-does-it-matter-that-the-Fed-hasnt-raised-interest-rates-yet/answer/John-M-Switlik

---

So much to discuss. The big boys and girls run with their fantasies intact. As in, they shuffle numbers up to their little platform in the cloud (no, not talking the modern theme - it's more like Mick - please get off of my cloud). In doing so, they step on the myriads.

That is my view. Looking up at the idiots. Yes, you people, mathematics does not save you. Not so does computing, either.

Janet is looking at her numbers. Why cannot we get a systems person there rather then one who has been lulled (by the fat cats and their money) into keeping the chimera going?

Remarks:  Modified: 11/30/2015

11/30/2015 --



Thursday, November 19, 2015

FED warp

Moral: Wherein we see one view of unwinding.

Unwinding? Our note, 08/24/2009: Ben offers no mea culpa; oh, he blinked and then panicked (not what one would expect of a General). Ben unwind now. The Vienna School's view that these things are undecidable (which is a computational issue) is right on.

At the time, we were all expecting some type of normal withdrawal from the addictive ways. But, the addicts won out, and savers became more flayed than sacked.

---

Recently, a WSJ opinion brought this back to fore for me. How the Fed Has Warped the 401(k). The image is an excerpt.


Be sure to read the comments. A lot of these are people talking about their strategies for beating the system, in the sense of not losing their money and obtaining some type of gain. Remember, we have quoted Niels as saying that the only way to not lose is fiddling (insider info, etc.). 

What we need for savers is the savings bond, rather than the market chimera, that pays interest over time. There is much to discuss in this regard. 

Remarks:  Modified: 11/20/2015

11/20/2015 -- Taking winnings (?) off the table.