Cover your webcams, says FBI chief


If the FBI recommends blocking web cams who am I to say no!

WHERE’S THE DEMAND? OIL PRICES DROP AGAIN


The price goes down when supply exceeds demand and the price goes up when demand exceeds supply basic economics.

Inflation – Deflation – Interest Rates


inflation-deflations

QUESTION:

Is there a correlation between the GDP rate and interest rate ?
Best regards,

BL

ANSWER: No. What central bankers fail to take into consideration is that the interest rate is the OPPORTUNITY COST of money as reflected into the future. This is why interest rates naturally decline during a recession because of the future expectation of what money will buy when it returns. If inflation is say 10%, then lenders demand at least that much back plus a profit. Interest rates reflect the inflation rate (opportunity cost of money) plus a profit.

Deflation is when the purchasing value of money rises and tangible assets fall in value. This is also reflected in the drop of interest rates. Often, rates have gone negative for brief periods when people are parking money while expecting it to buy more. They are willing to pay to park their money just to know it will buy more tomorrow.

SDR – China – Dollar


imf-sdr

COMMENT: You are wrong. The SDR will destroy the dollar as of October 1st when they include China. You will see. China will sell all its US Treasurys and buy SDRs.

REPLY: Your very statement is totally absurd. The SDR is calculated simply by a basket of currencies including the dollar, yen, pound, and euro (see IMF calculation). So please explain to me, when the SDR is just a basket of currencies that have all declined against the dollar, just how the SDR could destroy the dollar when it is its largest component?

china-m

Here is a chart of the SDR against the dollar. It too has declined like the components of the yen, euro, and pound. Now let’s look at the Chinese yuan. This too has declined against the dollar. So I fail to see how the SDR will destroy the dollar without a magical recovery in Japan, China, Britain, and Brussels. The dollar has been rising against the yuan since 2013. So why would you sell all treasury bonds when they have made a fortune on the currency and swap into something that depreciates?

Donald Trump and Mike Pence Economic Club New York – 11:30am Live Stream


Trump did well and speaking from an economic education I agree with his over all approach and I also believe it will work.

Jim Grant Rejects Rogoff’s “Curse Of Cash”, Warns “Government Wants To Control Your Money”


The FED is only interested today in supporting the federal government its original charter was to prevent bank runs by buying and selling commercial paper. FDR changed that and so today the FED tries to control the economy with interest rates and buying and selling government debt neither of these works at economic smoothing and so we have what we have a situation where the government thinks it can control the economy but actual has no way to do so. The discussion is to long for a blog post but it is a fact why else to we have under 2% growth +/- 1% interest and trillions of dollars in debt?

Lunatics Are In Control Of The American Madhouse


The change Obama promised was never defined so we can’t be sure that he didn’t actually deliver his promise!

Not a joke: California to actually begin regulating cow farts


So this bill is the Bovine Dietary Improvement Bill aka Flatulence reduction legislation.but maybe the should study where the most flatulence occurs as it could be from people eating Mexican styled food.

Guccifer 2.0: More hacked DNC documents revealed at cyber conference


The government insists that the Russians have hack the DNC and the reason is that they are making a case to go to war with Russia. This makes no sense since Russia and the U.S. have the ability to destroy each other many times over and that meant it was to neither of their advantage to attack the other. This was called mutually Assured Destruction or MAD back in the day of the USSR. For some reason the butch females surrounding Obama Abedin, H. Clinton, Jarrett, Mills, M. Obama. Powers, and Rice started the Arab Spring which has lead to the current situation leading to war — some one needs to stop this before we are all killed..

Dow Down this Week with Hillary & Rate Hikes


djind-d-9-10-2016

We should see a new low this week in the share markets as concern over a rate hike hits the markets globally coming from the Fed and Hillary they have finally said on Sunday has pneumonia.

We will provide the timing arrays for this week on the Private Blog for client eyes only.