stock market was up today...

[VolStrom]

Engineers are great, they design some remarkable things. One thing I wish they would keep in mind while designing "how the hell is anyone supposed to work on it"

This is one of the reasons I retired when I did. Yeah we can make it cheaper, but you can't work on it. "That's a risk we're willing to take" was puked out of managements mouths over and over again. So we make something cheap and it takes 3 times as long to fix it and management want to know why it takes so long to fix it when it breaks. If I had my way, everything would be built indestructible and easy to work on.

 

[85SugarVol]

I’ll tell ya in four years. It’s one of the major defense contractors. And they all have been sodomized and will absolutely rebound. Defense is on sale and it’s always a solid money maker the way we love our spreading democracy.

Fidelity Aerospace & Defense (FSDAX) had been an excellent performer for decades...

Then, well, you know......

 

[NorthDallas40]

Well crap the market closed below my decision point on when I was going to start to get back in. Gotta pay attention for the rest of the week now

 

[Mick]

Well crap the market closed below my decision point on when I was going to start to get back in. Gotta pay attention for the rest of the week now

I would wait until you see what the Senators invest in. they seem to know market trends.

 

[1972 Grad]

I would wait until you see what the Senators invest in. they seem to know market trends.

Hillary seemed to be really sharp trading cattle futures.

 

[Mick]

Hillary seemed to be really sharp trading cattle futures.

I don't even know what that means. Maybe you thought it was funny or it;s an inside joke that I've not heard because i'm not part of the group.

 

[NorthDallas40]

I would wait until you see what the Senators invest in. they seem to know market trends.

Solid

 

[Thunder Good-Oil]

I don't even know what that means. Maybe you thought it was funny or it;s an inside joke that I've not heard because i'm not part of the group.

It means since she has a "D" next to her name she gets away with it.

Hillary Clinton cattle futures controversy - Wikipedia

 

[Mick]

Maybe globalism isn't that great?

I will give you an honest response, Globalism actually helped our market when times were tougher elsewhere in the world. Our market was propped up by that. As far as protectionism, there are certain things we should produce at home like ammo and healthcare supplies.

 

[Mick]

It means since she has a "D" next to her name she gets away with it.

Hillary Clinton cattle futures controversy - Wikipedia

It was a jab at the more immediate Senators. But I still don't know about Hillary's whatever it is. Maybe she killed a cow or something. Double tap to the back of the head. Maybe you should start calling her Cowlary.

Behind every good conspiracy is Hillary and a right wing nut.

 

[Thunder Good-Oil]

It was a jab at the more immediate Senators. But I still don't know about Hillary's whatever it is. Maybe she killed a cow or something. Double tap to the back of the head. Maybe you should start calling her Cowlary.

Behind every good conspiracy is Hillary and a right wing nut.

She turned $1,000 into six figures. Plus, she was in the hole $100,000 and the firm didn't call in the debt she owed. Certainly nothing funny or inappropriate was going on with Hills.

 

[Mick]

She turned $1,000 into six figures. Plus, she was in the hole $100,000 and the firm didn't call in the debt she owed. Certainly nothing funny or inappropriate was going on with Hills.

Exonerated I would say. Ain't that right Redhat? Hillary's your boogeyman, boogeyman, boogeyman and has nothing to do with this. But go on, half a century has passed.

 

[Thunder Good-Oil]

Exonerated I would say. Ain't that right Redhat? Hillary's your boogeyman, boogeyman, boogeyman and has nothing to do with this. But go on, half a century has passed.

Of course you'd call it exonerated, she has that "D" next to her name. Did the same thing happen to Trump after the House brought BS charges against him?

BTW, I didn't vote for Trump. I voted for the Libertarian. I might vote R in the future, but I will NEVER vote for a Democrat after all of the garbage that they've been pulling.

 

[1972 Grad]

It means since she has a "D" next to her name she gets away with it.

Hillary Clinton cattle futures controversy - Wikipedia

Mick gets his news from CNN and MSNBC. He stays gleefully ignorant of bad news about Democrats.

 

[Mick]

Of course you'd call it exonerated, she has that "D" next to her name. Did the same thing happen to Trump after the House brought BS charges against him?

BTW, I didn't vote for Trump. I voted for the Libertarian. I might vote R in the future, but I will NEVER vote for a Democrat after all of the garbage that they've been pulling.

Whom you voted for is not my concern, it's the narrow minded view of the finance that is disturbing. First off you praised the tarries then bragged about the over inflated market You're like a man on a surfboard during a hurricane.

 

[Thunder Good-Oil]

Whom you voted for is not my concern, it's the narrow minded view of the finance that is disturbing. First off you praised the tarries then bragged about the over inflated market You're like a man on a surfboard during a hurricane.

Whom I voted for is not your concern, yet you call me a red hat. What bragging about an over inflated market are you referring to? You're like a man stuck in a hole that won't stop digging.

 

[Mick]

You were exhibiting your ignorance about Hillary's corrupt securities trading and I thoughtfully educated you about them. Now all you've got is taking baseless personal shots at me. You're a dip**** suffering from TDS.

BTW, was there a Trump Steaks scandal or just an entrepreneur taking a risk and starting a new business? Contrast that with Hills and Bill making questionable commodities deals while in public office. Perhaps if they would have been properly punished they wouldn't have upped their ante with their "charitable" foundation's dealings. Chelsea's "salary" with that organization makes Hills' cow dealings look like mice nuts.

I made a good nature joke and you whine about Hillary. That's all I need to know. Cry for me. please. It's giving me enjoyment at this point. You interjected yourself.
"TDS". using that is cause for ridicule in itself. Only Trump nut jockeys use that acronym. Use your own words.

 

[Thunder Good-Oil]

I made a good nature joke and you whine about Hillary. That's all I need to know. Cry for me. please. It's giving me enjoyment at this point. You interjected yourself.
"TDS". using that is cause for ridicule in itself.

Your reading comprehension is as weak as your knowledge of the Clinton's record.

 

[Thunder Good-Oil]

I made a good nature joke and you whine about Hillary. That's all I need to know. Cry for me. please. It's giving me enjoyment at this point. You interjected yourself.
"TDS". using that is cause for ridicule in itself. Only Trump nut jockeys use that acronym. Use your own words.

One of the worst cases I've ever seen.

 

[Thunder Good-Oil]

I made a good nature joke and you whine about Hillary. That's all I need to know. Cry for me. please. It's giving me enjoyment at this point. You interjected yourself.
"TDS". using that is cause for ridicule in itself. Only Trump nut jockeys use that acronym. Use your own words.

If you think that I was replying to a joke, either the lack of reading comprehension comment has been 100% validated or your jokes are awful.

 

[Rasputin_Vol]

It’s outlined in the investopedia link. Go educate yourself.

You didn't answer his question.

Not a single dollar or coin would be created. Is that or is that not inflationary?

 

[NorthDallas40]

You didn't answer his question.

Not a single dollar or coin would be created. Is that or is that not inflationary?

He can go prove his own damn point. He was deflecting from the original point of doubling currency without the increasing goods or services which is the classical equation for inflation which was my point.

So if inflation is the lowering the purchasing power of the dollar you tell me Ras. How does the Fed action he outline automatically lead to inflation in a macro sense. How does that translate into a rise in the costs of goods and services? It isn’t clear to me that it does. And the last 12 or so years, much to my surprise also, supports that statement.

Also you do realize that the Fed action now is the same playbook as 2008. Which is contrary from the idiotic “just print $2T coins and it all goes away” Tlaib gameplan

And I’m absolutely sure he now appreciates you taking over his flailing argument for him.

 

[Rasputin_Vol]

He was deflecting from the original point of doubling currency without the increasing goods or services which is the classical equation for inflation which was my point.

I don't think anyone here is arguing against you on that point. I think we all agree that increasing the amount of currency is inflationary.

So if inflation is the lowering the purchasing power of the dollar you tell me Ras. How does the Fed action he outline automatically lead to inflation in a macro sense. How does that translate into a rise in the costs of goods and services? It isn’t clear to me that it does. And the last 12 or so years, much to my surprise also, supports that statement.

Because the question is, where does the Fed get its authority or the ability to issue credit to the US Treasury? That is the most fundamental question we have been trying to get you to answer (or understand).

Also you do realize that the Fed action now is the same playbook as 2008. Which is contrary from the idiotic “just print $2T coins and it all goes away” Tlaib gameplan.

How was the Fed able to do it in 2008? Or at any time.

You really are not understanding what we are asking you... or asking you to think about. You have a firm grasp on the definition of inflation and what the consequences of increasing the money supply does to the value of the currency.

What you don't understand or what you refuse to answer is how does the Fed get the ability to find money to loan to the US Treasury?

 

[NorthDallas40]

I just cane back here and was going to ask if you were deemed essential in this and have to keep going in @Rasputin_Vol are you? Our company was given an exemption in Dallas county today. While they aren’t ordering people in and are in fact pushing for as much work from home as possible I can’t see that continuing. I’m not worried but I am wondering where it will lead. They’ve got the green light to keep the doors open if they need to.

Ras I’m not willingly defending the Fed and the treasury it’s just the mechanism on how inflation is triggered.

With regard to the Treasury printing money, providing it to the Fed for management, and the Fed buying T bills and thus giving the money back to the government it’s a Ponzi scheme. I believe I stated that earlier too. But for 12 years it hasn’t resulted in inflation. The only reason I can see that happening is due to the increase in national debt which balances the transaction out. Without that accounting measure there would be a net increase in currency (I think...) as the Fed would literally have created currency and just given it to the government . This is all just a guess on my part but that’s the only thing that makes sense to me

 

[Rasputin_Vol]

I just cane back here and was going to ask if you were deemed essential in this and have to keep going in @Rasputin_Vol are you? Our company was given an exemption in Dallas county today. While they aren’t ordering people in and are in fact pushing for as much work from home as possible I can’t see that continuing. I’m not worried but I am wondering where it will lead. They’ve got the green light to keep the doors open if they need to.

I'm deemed essential at the moment.

With regard to the Treasury printing money, providing it to the Fed for management, and the Fed buying T bills and thus giving the money back to the government it’s a Ponzi scheme. I believe I stated that earlier too. But for 12 years it hasn’t resulted in inflation. The only reason I can see that happening is due to the increase in national debt which balances the transaction out. Without that accounting measure there would be a net increase in currency (I think...) as the Fed would literally have created currency and just given it to the government . This is all just a guess on my part but that’s the only thing that makes sense to me

For the very last time... the inflation you are looking for did not show itself on Main Street at the grocery stores or at the gas pump. The inflation showed up largely in the stock market, with other examples showing in college tuitions/student loans and the housing market.