I like it when readers write intelligent things.
What would be GREAT is if they SENT ME THE INTELLIGENT THINGS THEY WROTE WHEN THEY WROTE THEM because the Captain does appreciate a day off from blogging, which good posts by readers permit.
From Mr. Fuller.
From Econmom.
But to answer Economom's question about what would make a deferred velocity no longer deferred.
China and other countries that no longer care to hold onto our currencies. Not that they'd dump them on the market (because that would trigger a collapse in the price of the dollar), but by indication they refuse to lend the US any more money by buying any new treasuries (which would trigger a decline anyway).
Matter of fact I just shorted the US dollar against an unnamed currency this morning despite the US dollar's decline this past 6 months. And you want to know why I did it?
No economic analysis.
No research (aside from the research I have already done up till this point)
I just got plain depressed listening to Joe Soucheray about how we're blowing away money on "art institute" projects and other worthless garbage "stimulus" projects that produced NOTHING of true genuine wealth to the tune of $1 trillion dollars.
What genuine VALUE was generated from this stimulus program?
The answer is NOTHING.
Roads that didn't need repairing, got "re-repaired."
Worthless minimalistic art created by some doped artist turned into a G.D. drinking fountain.
"Art institutes"/"community centers" that never generated a damn'sworth of production in their lives got stimulus money.
And lord knows what else the money has been spent on.
When this reality, that the stimulus money in a foolishly childish innocent like mentality was veritably THROWN away on a Keynesian "aggregate demand" curve ACTUALLY REACHES THE EARS OF (what I consider to be incredibly deaf) CHINESE DEBT HOLDERS, what do you think they will do with their dollar assets?
En
freaking
joy
the
collapse.
Maybe "Cindi" and her masters in "social work" will be able to solve these real world problems.
Monday, November 23, 2009
Sunday, November 22, 2009
Inflation vs. the Money Supply
Real quick, then I must bolt.
If you increase the money supply by 5% and you produce 5% more stuff inflation will be 0%.
If you increase the money supply by 5% and produce 0% more stuff, inflation will go up by 5%
If you decrease the money supply by 5%, but produce no more stuff, you get deflation of 5%.
This is not an opinion, this is a mathematical fact. If you print off more money and produce less (like we are today) you will have inflation. It's an unavoidable law of economics.
However, economies are not simple entities nor machines that work like clocks and why you have this disagreement that more money will not trigger inflation vs. will. So allow me to explain a couple things;
1. Just because you print off money NOW doesn't mean it will IMMEDIATELY trigger inflation. The chart below shows us IN GENERAL when the M2 money supply was increasing at a higher rate we had inflation. When we stopped printing money in the 70's, inflation came back under control.
2. A person will observe that we increased the money supply rather rapidly during the dotcom bubble, which did not trigger inflation. However that inflation is measured by the "CPI" and does not include investment assets such as stock market bubbles and housing bubbles. If those were included in the CPI you would see the correlation again.
3. Obamaites will immediately point out that inflation has turned to DEflation even though we've increased the money supply again.
Don't worry my friends. Give it time to permeate. Give it time.
If you increase the money supply by 5% and you produce 5% more stuff inflation will be 0%.
If you increase the money supply by 5% and produce 0% more stuff, inflation will go up by 5%
If you decrease the money supply by 5%, but produce no more stuff, you get deflation of 5%.
This is not an opinion, this is a mathematical fact. If you print off more money and produce less (like we are today) you will have inflation. It's an unavoidable law of economics.
However, economies are not simple entities nor machines that work like clocks and why you have this disagreement that more money will not trigger inflation vs. will. So allow me to explain a couple things;
1. Just because you print off money NOW doesn't mean it will IMMEDIATELY trigger inflation. The chart below shows us IN GENERAL when the M2 money supply was increasing at a higher rate we had inflation. When we stopped printing money in the 70's, inflation came back under control.
2. A person will observe that we increased the money supply rather rapidly during the dotcom bubble, which did not trigger inflation. However that inflation is measured by the "CPI" and does not include investment assets such as stock market bubbles and housing bubbles. If those were included in the CPI you would see the correlation again.
3. Obamaites will immediately point out that inflation has turned to DEflation even though we've increased the money supply again.
Don't worry my friends. Give it time to permeate. Give it time.
Saturday, November 21, 2009
"Baffled" My Ass
"We're shocked, SHOCKED that there is no global warming."
But boy, did those researchers make off with a lot of money acting like there was for the past 20 years.
But boy, did those researchers make off with a lot of money acting like there was for the past 20 years.
Friday, November 20, 2009
Thursday, November 19, 2009
IOUSA
Sadly, this movie will make no impact or difference in that too high a percentage of the population is composed of veritable children that have never had to pay for anything in their lives and still expect it to continue on that way.
I'm outta here guys. Enjoy the collapse.
I'm outta here guys. Enjoy the collapse.
Where is Your Stimulus Money Going?
Click here and you can type in your area code and get a break down of the money.
Surprise, surprise, the majority of my money is going to the...
DEPARTMENT OF EDUCATION!
Surprise, surprise, the majority of my money is going to the...
DEPARTMENT OF EDUCATION!
The "Real" Unemployment Rate
I know that when unemployment goes down or a recession occurs there is a political incentive of the minority part to point out to the "real" unemployment rate wherein they include things like "underemployment" and the fact people have become discouraged and left the labor force. I don't much give credit to these figures, not because they aren't real, but any time there's a recession things like underemployment and discouraged worker occur anyway, regardless of who's in power.
However, for those that were interested, here is the labor force participation rate, which shows about 2% of the labor force has "quit" and stopped looking for jobs. If you want to add that 2% to the current 10.2% you would have a "real" unemployment rate of around 12%.
But don't worry, unemployment will continue to go up, so for those looking for more ammo against the Obama administration, don't worry, it's coming.
However, for those that were interested, here is the labor force participation rate, which shows about 2% of the labor force has "quit" and stopped looking for jobs. If you want to add that 2% to the current 10.2% you would have a "real" unemployment rate of around 12%.
But don't worry, unemployment will continue to go up, so for those looking for more ammo against the Obama administration, don't worry, it's coming.
Wednesday, November 18, 2009
Recession Medicine - Natasha
Another throw away picture. Besides, I think we all need a pick me up.
Shoot me an e-mail if you want a calendar. Should be ready within the week so I might as well start getting orders.
You Cannot Fight Ignorance
Quick lesson for all of you conservative, libertarian, freedom loving capitalists out there who are angry and have this sense of futility and hopelessness as it becomes plainly obvious the $1 trillion in stimulus money has just been essentially given to left leaning organizations and non-profits and has done nothing to stimulate the economy;
There is nothing you can do.
Understand that this is a democracy and when a critical percentage of the population is so egregiously uninformed and ignorant about economics that they vote for somebody to indebt them and their children to the tune of $10 trillion, you are powerless. How precisely do you fight that? How does an informed, educated and learned minority override the idiotic, brainwashed majority? You can't, at least not in a democracy.
So the only thing you can do is not worry about it.
I learned long ago that I control very little in my life. You can do all the right things. Make all the right moves. Predict all the right crashes. But in the end you don't control the vast majority of things that are going to shape and affect your life. For example I wrote an outstanding book. I took my time, put a lot of effort into crafting the perfect sentences, layout and cover. Did everything in my power to market it, but in the end it was nowhere near successful as the typical "I'm A Cute Conservative Girl, Buy My Book While Sean Hannity Pimps It Out" type book. However, in the end, I still get to point to it and say, "you know, I wrote a damn good book! And how many other people can claim that?" It didn't matter if the book was successful, all that mattered was that I did my best as that's the only thing I control. Therefore the only thing you can control is your response.
So you have a choice. YOu can get angry, yell at the sky, and be depressed about the quickly deteriorating future. Or you can pour yourself a drink, play video games, and say, "to hell with it." The end result is going to be the same regardless of what you do.
So relax, take it easy. Kiss your wife. Play with the dog. Go hunting. Read a book. Take in a movie. But above all else, don't worry about it. The only thing that is going to convince the masses is continual and consistent double digit unemployment rates. You pointing to charts and data will not while yelling at the top of your lungs will not. All it will do is drive up your blood pressure.
There is nothing you can do.
Understand that this is a democracy and when a critical percentage of the population is so egregiously uninformed and ignorant about economics that they vote for somebody to indebt them and their children to the tune of $10 trillion, you are powerless. How precisely do you fight that? How does an informed, educated and learned minority override the idiotic, brainwashed majority? You can't, at least not in a democracy.
So the only thing you can do is not worry about it.
I learned long ago that I control very little in my life. You can do all the right things. Make all the right moves. Predict all the right crashes. But in the end you don't control the vast majority of things that are going to shape and affect your life. For example I wrote an outstanding book. I took my time, put a lot of effort into crafting the perfect sentences, layout and cover. Did everything in my power to market it, but in the end it was nowhere near successful as the typical "I'm A Cute Conservative Girl, Buy My Book While Sean Hannity Pimps It Out" type book. However, in the end, I still get to point to it and say, "you know, I wrote a damn good book! And how many other people can claim that?" It didn't matter if the book was successful, all that mattered was that I did my best as that's the only thing I control. Therefore the only thing you can control is your response.
So you have a choice. YOu can get angry, yell at the sky, and be depressed about the quickly deteriorating future. Or you can pour yourself a drink, play video games, and say, "to hell with it." The end result is going to be the same regardless of what you do.
So relax, take it easy. Kiss your wife. Play with the dog. Go hunting. Read a book. Take in a movie. But above all else, don't worry about it. The only thing that is going to convince the masses is continual and consistent double digit unemployment rates. You pointing to charts and data will not while yelling at the top of your lungs will not. All it will do is drive up your blood pressure.
Tuesday, November 17, 2009
Thank You Ben Stein
Humans are amazing creatures of habit and repetition. So much to the point you really wonder if they're sentient beings at all and are instead automotons that just do what their genetic programming tells them. Foremost of which I view as an "automotomic" trait being that of having children. As most of you know, I am thoroughly ensconced in the "no children camp," actually forever condemned to the "no children camp" on account I had a vasectomy. However, it is not the fact people have children or breed that shocks me, but rather their response to me and those like me who just plain refuse to have children. Most responses are "what's wrong with you?" Some claim I have an "obligation" to breed. Some even go so far to accuse me of being greedy for not suffering the pain that is known as having children.
However, there is ryhme and reason for not breeding, and for once it comes from a respectable individual that everybody seems to like; Ben Stein.
So don't listen to me. And don't yell at me for not wanting to breed. Listen to and yell at Ben.
However, there is ryhme and reason for not breeding, and for once it comes from a respectable individual that everybody seems to like; Ben Stein.
So don't listen to me. And don't yell at me for not wanting to breed. Listen to and yell at Ben.
Monday, November 16, 2009
Natasha Calendar Coming VERY Soon
Within the week I imagine.
Remember, this is a picture we threw out!
On a side note, better shoot me an e-mail if you did want one. It will be around $15 or so. Don't quote me, but that will be the high side.
E-mail CAPTcapitalism@yahoo.com
Sunday, November 15, 2009
RT Rybak
Is an effing moron, only to be outdone by the morons that keep voting him in to raise their own damn property taxes.
I'm so glad I moved out of Minneapolis. About the only city I know where people complain about the property taxes, but vote in the green party and all democrats all the time.
I'm so glad I moved out of Minneapolis. About the only city I know where people complain about the property taxes, but vote in the green party and all democrats all the time.
Speech Codes
I found a very interesting and helpful site by accident this morning and it is The Foundation for Individual Rights in Education. They're basically a watchdog group over America's colleges and universities, checking primarily on the freedom of speech.
They rate universities by a "Green, Yellow, Red" lighting system as described below.
I was shocked by their report to see that the vast majority of colleges in the US are considered under the "red alert."
You WILL conform.
They rate universities by a "Green, Yellow, Red" lighting system as described below.
I was shocked by their report to see that the vast majority of colleges in the US are considered under the "red alert."
The report is VERY interesting to read and points out some interesting things such as differences between public and private universities, lists all the colleges by code rating, etc., but again, just showing you, you really don't have the freedom of speech in American college life.
Well you HAVE the freedom of speech, you'll just be disciplined or fired for speaking uncomfortable truths, thinking incorrectly and voicing opinions of the non-leftist philosophy.
You will comply.
You WILL conform.
Friday, November 13, 2009
More Proof Socialism Sucks
Hmmm... Interesting. Nobody wants to live in Venezuela, Cuba or North Korea. And despite the world hating the US over, most people want to live in (drum roll).....
RELATIVELY CAPITALIST NATIONS!!!!
A couple other things to note;
1. The UN is constantly toting Norway as "the" place to live. Most people do not concur.
2. South Africa is the hot spot in all of Africa.
3. Russia was a surprise, though with their flat tax and leadership that actually has pride in the nation and doesn't blame itself for all the world's problems is interesting.
4. I'd like to see the Caribbean countries in that Cuba would not fair well against evil capitalist tax havens such as Bermuda and the Cayman Islands.
5. HT to Canada, eh!
6. I am surprised though that Ireland was not higher. With us hot, pastey white, drunken Irishmen afterall I mean.
European Insight to Health Care
For those of you looking for an analysis on health care systems, visit The Good German.
Thursday, November 12, 2009
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