Comments on: Grandma Was Right – Especially About the Farmer and His Mare

By: Jeff Brown

Jeff Brown — Thu, 02 Sep 2010 20:04:53 +0000

Eric — Answer your own question. Will the voting public lean toward self reliance or on bleeding the producers dry? The next couple of Novembers will tell.

By: Eric Amzalag

Eric Amzalag — Thu, 02 Sep 2010 18:13:02 +0000

The question is – will the government deleverage any time soon? It looks to me as though they are satisfied w/ pouring money into that fire you spoke of Jeff. When will they let markets operate as tehy are supposed to?

By: Joshua Dorkin

Joshua Dorkin — Wed, 10 Feb 2010 05:21:20 +0000

Wait . . . you’re saying that we should remember what history SHOULD have taught us? How dare you!

By: Elizabeth Bolton

Elizabeth Bolton — Wed, 10 Feb 2010 04:40:45 +0000

The older I get the more amazed I am at how short our collective historical memory is. It becomes very difficult, as you point out, to think beyond our recent experiences. Interest rates are a perfect example – lots of buyers today can’t imagine them much higher since they’ve been lulled into thinking super low rates are the norm.
.-= Elizabeth Bolton´s last blog ..Octagon Houses =-.

By: Jeff Brown

Jeff Brown — Tue, 09 Feb 2010 22:29:48 +0000

You’re right, as I should’ve said instead, that government is massively ‘leveraged’ and SHOULD be deleveraging. The problem, of course, remains the same. The only thing worse than massive deleveraging is what the government is doing, which you so correctly pointed out — pouring premium gas on the fire.

Reducing taxes across the board, personal, business, cap gains, etc., would be their version of deleveraging, along with simultaneous budget slashing.

Thanks for catchin’ that, Brian.

By: Brian Brady

Brian Brady — Tue, 09 Feb 2010 22:22:28 +0000

“We’re deleveraging at every level of the economy. Public, private, big and small, you name it”

I don’t think the public sector is deleveraging. If anything, I think they are expanding at a never seen before rate. While the economy shifts, and individuals and corporations deleverage and work through malinvestment, the gov’t expansion is what will cause inflation….

…unless they just give all that money back