Comments on: “Myths” Paul Krugman Does Not Want To Talk About http://usawatchdog.com/%e2%80%9cmyths%e2%80%9d-paul-krugman-does-not-want-to-talk-about/ Connecting the Dots to Give You A Clear Picture of What’s Really Going On Wed, 16 May 2012 16:48:25 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Greg http://usawatchdog.com/%e2%80%9cmyths%e2%80%9d-paul-krugman-does-not-want-to-talk-about/#comment-5467 Greg Thu, 29 Jul 2010 16:45:25 +0000 http://usawatchdog.com/?p=1976#comment-5467 Ramuis, That's what some of the "quantitative easing" was about. The Fed actually printed money to buy its own treasury debt. This is how interest rates on 30 year mortgages are under 5%. The government crates false demand to sell the bonds so rates are suppressed. You will see much more of this in the future. I hope this has answered your question. Greg Ramuis,
That’s what some of the “quantitative easing” was about. The Fed actually printed money to buy its own treasury debt. This is how interest rates on 30 year mortgages are under 5%. The government crates false demand to sell the bonds so rates are suppressed. You will see much more of this in the future. I hope this has answered your question.
Greg

]]> By: Ramius http://usawatchdog.com/%e2%80%9cmyths%e2%80%9d-paul-krugman-does-not-want-to-talk-about/#comment-5456 Ramius Thu, 29 Jul 2010 13:08:09 +0000 http://usawatchdog.com/?p=1976#comment-5456 How can the government buy its own debt? How can the government buy its own debt?

]]> By: Greg http://usawatchdog.com/%e2%80%9cmyths%e2%80%9d-paul-krugman-does-not-want-to-talk-about/#comment-4782 Greg Wed, 14 Jul 2010 00:15:26 +0000 http://usawatchdog.com/?p=1976#comment-4782 Peter, Only buy housing if you really need and can afford it. We are nowhere near a bottom in housing. Who knows how this will end but the best advice is be a safe and conservative as you can. greg Peter,
Only buy housing if you really need and can afford it. We are nowhere near a bottom in housing. Who knows how this will end but the best advice is be a safe and conservative as you can.
greg

]]> By: Peter http://usawatchdog.com/%e2%80%9cmyths%e2%80%9d-paul-krugman-does-not-want-to-talk-about/#comment-4767 Peter Tue, 13 Jul 2010 14:59:08 +0000 http://usawatchdog.com/?p=1976#comment-4767 Thanks for reply, Greg. By housing, do you mean acquiring foreclosed property? I've heard of people going to the Detroit area and buying up property at 10 to 20 percent of the former value. One of my concerns is the vast quantity of property being acquired by banks through foreclosure. It reminds me of the pernicious banker taking advantage of widows and orphans. Along those same lines is the selfish aspect of corporations whose operations have no benefit to society and actually are a detriment to society. An example is the food commodities trading by large banks which created an artificial shortage. I think national and international cooperatives are the answer. Large corporations have to have the best interests of society as their overarching priority. Thanks for reading. Thanks for reply, Greg.
By housing, do you mean acquiring foreclosed property? I’ve heard of people going to the Detroit area and buying up property at 10 to 20 percent of the former value. One of my concerns is the vast quantity of property being acquired by banks through foreclosure. It reminds me of the pernicious banker taking advantage of widows and orphans. Along those same lines is the selfish aspect of corporations whose operations have no benefit to society and actually are a detriment to society. An example is the food commodities trading by large banks which created an artificial shortage. I think national and international cooperatives are the answer. Large corporations have to have the best interests of society as their overarching priority. Thanks for reading.

]]> By: Greg http://usawatchdog.com/%e2%80%9cmyths%e2%80%9d-paul-krugman-does-not-want-to-talk-about/#comment-4715 Greg Mon, 12 Jul 2010 03:54:06 +0000 http://usawatchdog.com/?p=1976#comment-4715 NM, When prices go up and their savings are crushed. Thank you for your comment and question. Greg NM,
When prices go up and their savings are crushed. Thank you for your comment and question.
Greg

]]> By: Greg http://usawatchdog.com/%e2%80%9cmyths%e2%80%9d-paul-krugman-does-not-want-to-talk-about/#comment-4711 Greg Mon, 12 Jul 2010 03:11:50 +0000 http://usawatchdog.com/?p=1976#comment-4711 Yes Peter, I think housing will offer great value for people in the future. I think that if you position yourself correctly before the coming crash you will thrive when the country rebuilds itself. Thank you for your comment and question. Greg Yes Peter,
I think housing will offer great value for people in the future. I think that if you position yourself correctly before the coming crash you will thrive when the country rebuilds itself. Thank you for your comment and question.
Greg

]]> By: nm http://usawatchdog.com/%e2%80%9cmyths%e2%80%9d-paul-krugman-does-not-want-to-talk-about/#comment-4662 nm Sun, 11 Jul 2010 15:40:48 +0000 http://usawatchdog.com/?p=1976#comment-4662 I have found websites like yours to be invaluable in terms of my basic understanding of economics. Thank you. It is because of blogs like yours and because of listening to people like Jim Sinclair and Peter Schiff, that I can no longer read conventional news outlets when it comes to economics. I shutter to think how little other Americans know because 99% of them do not read blogs like these. When will they get it? I believe the vast majority of wage earning middle class Americans will begin to get it when massive inflation kicks in and they realize that their paychecks aren't going to cover their standard living expenses anymore. Right now, most aren't getting it, especially those who still have jobs. Rising gas prices will be their first hint of what's in store for them. When do you think people will begin to realize what's about to happen? Thanks I have found websites like yours to be invaluable in terms of my basic understanding of economics. Thank you. It is because of blogs like yours and because of listening to people like Jim Sinclair and Peter Schiff, that I can no longer read conventional news outlets when it comes to economics. I shutter to think how little other Americans know because 99% of them do not read blogs like these. When will they get it?

I believe the vast majority of wage earning middle class Americans will begin to get it when massive inflation kicks in and they realize that their paychecks aren’t going to cover their standard living expenses anymore. Right now, most aren’t getting it, especially those who still have jobs. Rising gas prices will be their first hint of what’s in store for them.

When do you think people will begin to realize what’s about to happen?

Thanks

]]> By: Peter http://usawatchdog.com/%e2%80%9cmyths%e2%80%9d-paul-krugman-does-not-want-to-talk-about/#comment-4583 Peter Sat, 10 Jul 2010 13:04:53 +0000 http://usawatchdog.com/?p=1976#comment-4583 Hi Greg, Do you ever contemplate solutions for the economic issues we face? Our best and brightest seem to be at a loss for real progress. As a reporter, maintaining objectivity and avoiding promotion of your own ideas must be a constant challenge. Our politicians are leaving because they seem to feel frustrated or are being replaced by almost anyone who's not part of the present establishment. Do you see any positive signs out there? Any movements that attract your attention because of their inherent value to society? Hi Greg,

Do you ever contemplate solutions for the economic issues we face? Our best and brightest seem to be at a loss for real progress. As a reporter, maintaining objectivity and avoiding promotion of your own ideas must be a constant challenge. Our politicians are leaving because they seem to feel frustrated or are being replaced by almost anyone who’s not part of the present establishment. Do you see any positive signs out there? Any movements that attract your attention because of their inherent value to society?

]]> By: Greg http://usawatchdog.com/%e2%80%9cmyths%e2%80%9d-paul-krugman-does-not-want-to-talk-about/#comment-4564 Greg Fri, 09 Jul 2010 21:29:46 +0000 http://usawatchdog.com/?p=1976#comment-4564 James, According to shadowstats.com the "real" inflation rate is north of 9%. John Williams of SGS makes that calculation using the same methods as the U.S. government did in 1980. A 9% inflation rate cut the value of money in half, in less than 10 years. We are just getting started up the inflation ski jump. Watch what happens next, when the idea we are in for a real hard crash landing hits the public and politicians. Money, money, money will created to cushion the landing. Thank you for the question and reading USAWatchdog.com. Greg James,
According to shadowstats.com the “real” inflation rate is north of 9%. John Williams of SGS makes that calculation using the same methods as the U.S. government did in 1980. A 9% inflation rate cut the value of money in half, in less than 10 years. We are just getting started up the inflation ski jump. Watch what happens next, when the idea we are in for a real hard crash landing hits the public and politicians. Money, money, money will created to cushion the landing. Thank you for the question and reading USAWatchdog.com.
Greg

]]> By: Greg http://usawatchdog.com/%e2%80%9cmyths%e2%80%9d-paul-krugman-does-not-want-to-talk-about/#comment-4563 Greg Fri, 09 Jul 2010 21:21:44 +0000 http://usawatchdog.com/?p=1976#comment-4563 Thank you for weighing in. Greg Thank you for weighing in.
Greg

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