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.
Dr. Strange Move or How I Learned to Love the Bill
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After a couple of years of disinflation, the Fed changed directions and
started lowering rates. By most measures, the economy had been humming
along near a...
NVIDIA Revisited
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On August 26, 2023, 5 days before it a new closing hi at 493.55, I wrote a
critical post about NVDA - the stock, not the company. After that, the
stoc...
Stay away from popular tech stocks, part II
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Last August, I wrote a blog post arguing that largest technology and
internet companies -- Amazon, Apple, Facebook, Google, Microsoft -- would
never grow i...
So, Where Have I Been?
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Well, of course, I have been where I am!
It's been a good few years away from this blog. I do miss some folks
terrible, and I sort of miss things financial...
Those Whom The Gods Wish To Destroy ...
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they first make mad. Still true!!!
*(Note: this post, and probably several others to follow, are actually
about the US dollar and relative currency trends....
Is there enough liquidity in the system? I don't know. Let me check the pool. It seems okay. No, maybe not. Are those bubbles? How am I supposed to know? Maybe I should cut interest rates? Or maybe I should raise them? Hello? Anyone? Oh, crap. Let me check the pool again. Hold on. I think I see something. Looks like me. Oh, wait. Might be my reflection. Is this all just an illusion? I better do something. Or would it be better to do nothing? This job is so hard. I touch the pool and the outlook changes. Is it supposed to do that? Has anyone ever done this before? Say what? I'm in charge? How did that happen? I better check the pool again. Do I get in the pool? I'm not sure. What if I can't get out? This job is so frustrating. F%^k it! I'm raising rates. No, I'm cutting them. Crap. Maybe I should just keep monitoring the situation. I know. I'll check the pool again. Maybe something has changed.
5 comments:
Bark pools.
Hahaha! Nice. :)
Central bankers aren't really that cute, but I think you've got the intellectual process pretty much mapped out.
PS: This is transcendingly brilliant. I bow before the master.
Maybe they are born cute and the central banking process turns them into ivory tower monsters? ;)
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