Generational Dynamics Forum - New Site

My mind is a total blank. I can't get excited about writing about anything. I've covered the Iran situation. There are new suicide bombings in Pakistan, but I have nothing new to say. The financial crisis is deepening, but on the surface everything looks great. The world is drifting along in a "ste...

This is really an over-simplification of a very complex situation. You don't need a bank to create money. It can be done by anyone, completely legally. Suppose I have a $1000, and you have nothing. Then we have $1000 between us. Then suppose I lend you the $1000, and you give me an "IOU $1000" in r...

This time it is different. I finally read something that backs my theory that money does not exist inside banks. I read the Murray Rothbard book, "The Mystery of Banking" in which he made a statement that confirmed this. Instead, banks create money, not lend it or possess it. Instead, they create a...

Gerald, Sorry if I'm being too lazy by not reading old posts, but I am curious, what is a "black swan event"? Thanks Jimz In my previous statement, there is a "Black Swan" event coming, very different from the above example. Those who know of it, on either side of the fence, know it's importance an...

Not to worry --

Abraham Delano Messiah Obama will save us...

Sorry, I found this name somewhere on the Mises Institute Site and had to relate it.

Bill

From a web site reader: > What happened? Why are you not posting your negative thinking > about the stock market anymore? Are you too scared to look foolish > now? Damn it, why did I believe in your stupid thoughts. I missed > this big rally because of you. Stop writing bullshit if you can't > unde...

I'm not sure if anyone here has seen this, but I just had to share it. It had me rolling on the floor, alternately, laughing and crying: http://www.wimp.com/reservelosing/ I could only stare in disbelief. Just when you think you have seen everything.... We need to contact our legislators and demand...

The toughest part about this whole exercise is that it is impossible to predict whether the equity markets will themselves rise or fall in valuation as they can be modified significantly by the value of the currency. Add to that intervention/manipulation on a scale not seen since the 30's and I don...

It is a good sign -- I hope the trend continues. More generally, I think we should see a "slowing down" from the "rat race" as values shift -- either voluntary or by force -- towards more deep and more lasting. I believe there is a spiritual dynamic to these cycles -- one that requires major change,...

Comments on Spiralman However, I'd to solicit some other people's comments? Are people reading the postings? Are there any other opinions? How come nobody has posted any comments? Have I set things up the best way? (And here I'm referring to the separate "Spotlight" forum, with two threads.) Or is ...