I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention.
Another look a NVDA
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I've looked at NVDA a couple times, in *August 2023 *and *January 2024*.
On Saturday 8/26/23 I said the action in NVDA stock looked like it was
topping....
Quantifying Trickle Down in Real Average Earnings
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I studied a handful of economic measures to see their affect on Real
Average Earnings. I used the following series from the St. Louis Fed FRED
system:
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We've printed nine trillion dollars in my lifetime We print it as is needed just a smidge I'm the maestro of this era Now tough times are getting nearer And our dollar bills would flood the Brooklyn Bridge!
There is nothing quite as plentiful as money There is nothing quite as bountiful as cash Some people say it's folly But I'd rather be so jolly With money I can make you stash
There is nothing quite as plentiful as money
Money, money, money, money
There is nothing like a newly printed bill
Money, money, money, money
Everyone must hanker For the bailouts of this banker It's accountancy that makes the world go down
Down, down, down
You can stop your spending ways But it's only just a phase For it's money, money, money makes the world go down
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