Cool...
*Investors Blog*
- Thread starter Warstud
- Start date
Governments have a role in capitalism.
Yeah, my crystal ball is pretty blurry. I'll give it time, cuz that's what I do.
But the CPI number should make us all happy. Slowly trending in the right direction.
There was an Australian Taiwanese economist / statistician YouTuber decoded a BlackRock report a year ago, about how the extended QE since 2008 not caused hyper inflation till 2022, and how the "collaboration" between various central banks and governments caused the hyper inflation now. I recommend turning on the Close Caption and Auto Translation to English and carefully watch what happened on the Fed / central bank purchased sovereign debts and then later assets and debts directly, as well as the use of "helicopter money" to stimulate without reducing the already negative interest rate, blurring the line of independence between the two.
Welcome to the 70s.
Adam Smith believed Federal Government should be responsible for protecting our borders, enforcing civil laws, and providing public goods (military, etc.). Hardly "controlling" Capitalism rather invisible hand.
Believe you are remembering your Keynesian roots.
Smith advocated for a government military instead of small militias, as you said. Contrary to "let the market decide" he believed the governemnt should provide for things to support production, including court system, centralized banking and infrastructure. Smith felt there were things too big or too important and the market was ill equiped for them.
I think it is fair to say Adam Smith could not have imagined our highly complex economy today. I also think people use a few talking points that over simplify Smith's concepts.
Elon named some add exec from NBC the CEO of Twitter.
He told the BBC a few weeks ago his dog Floki was the CEO. I thought that was an excellent choice. I was going to sign up to twatter. If its run by a real dog it can't be all bad.
I am sort of upset. Guess I won't sign up.
I hope Floki got a nice severance.
He told the BBC a few weeks ago his dog Floki was the CEO. I thought that was an excellent choice. I was going to sign up to twatter. If its run by a real dog it can't be all bad.
I am sort of upset. Guess I won't sign up.
I hope Floki got a nice severance.
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https://therealdeal.com/new-york/20...eit-slipping-toward-debt-breach-analysts-say/
This REIT stopped paying dividends and facing debt breach.
Some REITs getting killed by all the rate hikes.
This REIT stopped paying dividends and facing debt breach.
Some REITs getting killed by all the rate hikes.
Departing tenants in office and retail, loans that need to roll over at rates way higher than the past - going to be a problem for nearly all REIT's.
Honest question - non political.
I have been seeing a lot of talk about govt. default - from places I wouldn't expect it. "its different this time" sort of thing. One analyst I read said there all in cash, no t-bills.
So just trying to follow this logic. Not saying I think there is going to be a default.
So if your not in T-bills and have a bunch of cash - you can:
Do I have this right? There really are no options better than the other beyond a physical asset? Wouldn't you still be better off in treasuries than a CD or money market or even savings account?
I have been seeing a lot of talk about govt. default - from places I wouldn't expect it. "its different this time" sort of thing. One analyst I read said there all in cash, no t-bills.
So just trying to follow this logic. Not saying I think there is going to be a default.
So if your not in T-bills and have a bunch of cash - you can:
- Put your money in the money market - which will plummet if there is a default - not insured
- Put your money in a savings account or CD, which if there is a default it probably leaves the bank with huge losses on their reserves of bonds and MBS's so maybe the bank defaults.
- If the bank defaults your covered by FDIC - which is backed by the government which would now be in default and is out of money from bailing out SVB.
- You could leave your money in a brokerage swap account. Neither options for my taxable accounts are insured options - maybe others have different options.
- You could put your money in your mattress - but if the government defaults won't it go to zero eventually - just maybe not right away?
Do I have this right? There really are no options better than the other beyond a physical asset? Wouldn't you still be better off in treasuries than a CD or money market or even savings account?
It's not different this time. Government will not default.
If your one to think it may, that would be the end of USA superpower and most likely take down the rest of the world with it, so only precious metal would be worth anything.
No question in my mind what-so-over it would never happen, nothing is different this time and my feeling is we are a 100 times more greater chance of world destruction via nuclear war. Yet I dont even concern myself with that. I live my life and enjoy, I pay public servants to take care of that stuff.
Whatever will be will be. This is all the fault of the voting public, I have no control over that, except my one little vote.
Yep. Big wasters always win. No worries here.
It's not sustainable, but no one cares. Young people will suffer, I don't care if they don't care.
I agree but not my question.
Trying to figure out - for those that think they might - what version of cash is safer than a T-bill? Doesn't seem to be any different, a 20 in my wallet or a T-bill at treasury direct.
Agreed. All I can do is pay my taxes and ignore the stupidity that goes on.
