Posted at 09:40 AM in Business, Business Opportunity, Food and Drink, Quirky, Squidoo | Permalink | Comments (0)
Quirky is rocking a new manifesto video. The future of inventing is here: NOW!
Posted at 03:03 AM in Business, Business Opportunity, Marketing/Business, Quirky, Squidoo | Permalink | Comments (0)
This economic mess is getting bigger. The cost-of-living pain being inflicted through the destruction of our currency is staggering.
Its called wealth transfer, I call it confiscation.
The government creates the myth of inflation, that prices can only go up, while in fact their money printing and easing is the inflation.
***Get that: the printing/easing/debasement is the inflation, higher prices the result***
(remember money is a commodity, subject to the same laws of supply and demand as anything else, more supply and its value falls)
Printing & Easing = Lower Dollar
Lower Dollar = Higher Prices
Higher Prices = Less purchasing power
Less purchasing power = lower standard of living for avg. Americans
The daisy chain goes something like this:
*Govt. overspends and over benefits itself, going hugely in debt (remember a govt. does not create or make anything, they live off our taxes, off our hard work).
*Govt. prints money, trying to hide its debt (inflate its way out of overspending).
*Prices rise because of the printing & easing, the Govt. claims its from real demand, but is phony.
*Now the govt. claims that costs have risen, that running the govt is more expensive, so they need to raise taxes.
*Govt. kicks back some of the money to the unions, wealthy and other connected individuals to ensure re-election (Many forms: subsidies, tax breaks, campaign advertising, pork barrell projects, etc, you name it).
*The gravy train recipients use the taxpayer money and lobbyists to get their causes at the top of the next political agenda.
*Repeat, over and over!
The rich and politicians keep more and more. Every printing and easing cycle allows the well-to-do and connected, to increase their wealth.
As the dollar gets devalued repeatedly, on a relative basis the wealthy can still spend and consume, buying up more and more of the means-of-production (relegates average citizens to servitude/serfdom in a way).
The latest example is the housing market. A large percentage of the average population is stuck renting apartments and leasing, as the wealthy run around buying up all of the property (cherry-picking) at great prices (transfer of wealth). And, NO people not paying their mortgages are are not justified either, that is just as wrong.
Happens over and over, its just a different asset class each time.
Tell the govt. to stop devaluing your money. Stop creating bubbles. Remind them that they work for you, the taxpayer. Make them live with in a budget.
Why do I write this. I must share it! It feels like a duty. I only hope that in some small way it helps others by creating awareness.
"I am only one, but still I am one. I cannot do everything, but still I can do something; and because I cannot do everything, I will not refuse to do something that I can do. "
Helen Keller
Reading for those interested in learning more: (no particular order)
The Economy Is Sliding Into a Stagflationary Spiral
Big Five Most Vulnerable to Derivatives
Taleb Says Fed Doesn't Understand Risks of Quantitative Easing
(Video) DJIA Priced in Gold: What It Means for the Long-Term Trend
Inflation (monetary) Is Not Inflation (price)
The Accidental Egalitarian: Technology and the Distribution of Income
Private equity's egregious tax loophole
Bill Gross: The leader Treasury, Fed needs Commentary: We need new blood to save investors, retirees
Posted at 06:44 AM in Business, Current Affairs, Economic, Investing, Politics, Stock Market | Permalink | Comments (0)
Here are the coolest products for the back to school season:
Organize those cords
Products you will not find anywhere else
UnHampered: the fold flat laundry basket
Posted at 08:50 AM | Permalink | Comments (0)
Americans should be very concerned about their currency.
The unwinding of the Yen carry trade should have happened. The worlds financial elite have been shorting and leveraging up in Yen for 15 years plus.
But, instaed a bailout, Yen intervention.
Since Thursday, the Yen annd Dollar have fallen against the worlds currecnies, But, looking at the Yen/Dollar in isolataion, it shows a differnt story.
Nothing but Yen/Dollar up. Which means, the Yen up & Dollar down. Both are falling against the world, but the dollar is falling faster then the Yen.
The big boys (G7) are being allowed to roll their levergae from short Yen into short Dollars.
Great read, especially the first page. Read and share.
"In any event, the yen intervention certainly had nothing to do with the evident distress of the Japanese people. What happened is that one of the potent engines of the global carry-trade -- the massive use of the yen as a zero cost funding currency -- backfired violently in response to the unexpected disasters in Japan.
Accordingly, this should have been a moment of condign punishment -- wiping out years of speculative gains in heavily leveraged commodity and Emerging Markets currency and equity wagers, and putting two-way risk back into the markets for so-called risk assets. Instead, once again, speculators were assured that in the global financial casino operated by the world’s central bankers, the house always has their back---this time with an exchange rate cap on what would otherwise have been a catastrophic surge in their yen funding costs."
Posted at 03:36 AM in Business, Current Affairs, Economic, Investing, Politics | Permalink | Comments (0)
This article on Quantative Easing is worth reading and sharing with everyone. Even if you choose to disagree, at least you have seen the info and are informed.
The Quirky community has rolled out its latest product: Stepper. It is a lightweight shoe rack that folds flat for easy storage and transport.
Get your Stepper
Posted at 10:11 AM in Business, Business Opportunity, Personal, Quirky, Squidoo | Permalink | Comments (0)
Portotrash is a very cool way to reuse those plastic bags. It will be at home in the kitchen, garage, virtually anywhere.
Get more details or order your Quirky Portotrash
Learn about Quirky
Posted at 03:05 PM | Permalink | Comments (0)
Check it out, here is one of the latest products that I have been working on. I hope you like it.
"Verseur is a wine lover’s multitool, combining everything you need to open, serve, and save your favorite wines. In addition to an easy-to-use corkscrew, Verseur also includes a foil cutter, a pour spout, and a tight-sealing stopper for keeping your opened bottle fresh."
Learn more about Quirky
Posted at 10:10 AM in Business, Business Opportunity, Cooking/Kitchen/Recipes, Food and Drink, Friends and Family, Quirky, Squidoo | Permalink | Comments (0)