Comments on: INFLATION DAY OF RECKONING? http://pragcap.com/inflation-day-of-reckoning Sun, 12 Feb 2012 06:49:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: prescient11 http://pragcap.com/inflation-day-of-reckoning/comment-page-1#comment-2061 prescient11 Tue, 16 Jun 2009 06:38:22 +0000 http://pragcap.com/?p=5259#comment-2061 Good night my friend, I'm mostly in cash, so I care not what happens tomorrow. Seriously though, I like the new format, etc., but if you can host a forum on deflation vs. inflation everyone would come. That's the only question left, imho. And I just don't understand the inflationist point of view. And kind words are deserving my friend, otherwise I wouldn't say them. As always, I congratulate you on the success of this quite excellent blog. Good night my friend, I’m mostly in cash, so I care not what happens tomorrow. Seriously though, I like the new format, etc., but if you can host a forum on deflation vs. inflation everyone would come.

That’s the only question left, imho. And I just don’t understand the inflationist point of view.

And kind words are deserving my friend, otherwise I wouldn’t say them. As always, I congratulate you on the success of this quite excellent blog.

]]> By: TPC http://pragcap.com/inflation-day-of-reckoning/comment-page-1#comment-2059 TPC Tue, 16 Jun 2009 05:42:20 +0000 http://pragcap.com/?p=5259#comment-2059 Prescient, I am tweaking things on the site every day and thinking of ways to make it better. I know a lot of people have complained about the comments section so I am looking into alternatives. As always, your kind words and comments are appreciated. I especially like that you're not afraid to disagree with me. I'm off for a few hours of sleep. Have a good night....Futures are down a bit as of now. Should help you sleep well. TPC Prescient,

I am tweaking things on the site every day and thinking of ways to make it better. I know a lot of people have complained about the comments section so I am looking into alternatives.

As always, your kind words and comments are appreciated. I especially like that you’re not afraid to disagree with me. I’m off for a few hours of sleep. Have a good night….Futures are down a bit as of now. Should help you sleep well.

TPC

]]> By: prescient11 http://pragcap.com/inflation-day-of-reckoning/comment-page-1#comment-2058 prescient11 Tue, 16 Jun 2009 05:27:47 +0000 http://pragcap.com/?p=5259#comment-2058 TPC, one thought, you should open a forum on this topic. Really. It is the only investment question that has any real effect on where to put your money. Now, a week ago, I said to load up on UUP and VXX because I am a deflationist. So far, that play is bearing fruit. I am also short the financials but have chosen to go to the nonlevered pure short of SEF. Really though, and not to toot your horn too much here, but I know that you have to be very very intelligent just based on the selection of articles. As Dostoevsky said in the Brothers Karamazov or The Idiot, can't remember which, every paper/document is a collection of fact collected through the lens of its author, therefore, a selective presentation of the facts is inevitable. Thus, the realization of how well the facts are presented is quite revealing as to the depth of the "organizers" perception/intelligence. With that in mind, I would love to fucking debate the inflationists all day long. I want to hear both sides of this argument. I am open to anything. BUT I WANT TO DEBATE IT WITH THESE FOOLS. That is the best way to get down to it. Anyone reading your blog has to be above the rest in the first place. So just throwing it out there. Inflationist/Deflationist. That is the only question as to how to invest, imho. Thanks TPC, as always, we appreciate this blog and your intelligent collection and commentary. It is a must read and I recommend it to everyone I know as an authority. TPC, one thought, you should open a forum on this topic. Really. It is the only investment question that has any real effect on where to put your money. Now, a week ago, I said to load up on UUP and VXX because I am a deflationist. So far, that play is bearing fruit. I am also short the financials but have chosen to go to the nonlevered pure short of SEF.

Really though, and not to toot your horn too much here, but I know that you have to be very very intelligent just based on the selection of articles. As Dostoevsky said in the Brothers Karamazov or The Idiot, can’t remember which, every paper/document is a collection of fact collected through the lens of its author, therefore, a selective presentation of the facts is inevitable. Thus, the realization of how well the facts are presented is quite revealing as to the depth of the “organizers” perception/intelligence.

With that in mind, I would love to fucking debate the inflationists all day long. I want to hear both sides of this argument. I am open to anything. BUT I WANT TO DEBATE IT WITH THESE FOOLS. That is the best way to get down to it. Anyone reading your blog has to be above the rest in the first place. So just throwing it out there. Inflationist/Deflationist. That is the only question as to how to invest, imho.

Thanks TPC, as always, we appreciate this blog and your intelligent collection and commentary. It is a must read and I recommend it to everyone I know as an authority.

]]> By: TPC http://pragcap.com/inflation-day-of-reckoning/comment-page-1#comment-2056 TPC Tue, 16 Jun 2009 02:43:36 +0000 http://pragcap.com/?p=5259#comment-2056 Just trying to be realistic E. What are the odds of the Fed pulling the liquidity out of the system at just the right time? The more this goes on the more it looks like they're swapping out one problem for another.... Just trying to be realistic E. What are the odds of the Fed pulling the liquidity out of the system at just the right time? The more this goes on the more it looks like they’re swapping out one problem for another….

]]> By: E http://pragcap.com/inflation-day-of-reckoning/comment-page-1#comment-2050 E Tue, 16 Jun 2009 00:59:24 +0000 http://pragcap.com/?p=5259#comment-2050 sorry, TPC, you really need an edit button (PTC is carryover from my day job....Production Tax Credits, as i finance wind farms and such sorry, TPC, you really need an edit button

(PTC is carryover from my day job….Production Tax Credits, as i finance wind farms and such

]]> By: E http://pragcap.com/inflation-day-of-reckoning/comment-page-1#comment-2049 E Tue, 16 Jun 2009 00:58:18 +0000 http://pragcap.com/?p=5259#comment-2049 been reading a bit of Martin Armstrong there PTC? been reading a bit of Martin Armstrong there PTC?

]]> By: HankB http://pragcap.com/inflation-day-of-reckoning/comment-page-1#comment-2046 HankB Mon, 15 Jun 2009 23:19:42 +0000 http://pragcap.com/?p=5259#comment-2046 I say screw the banks. Let them enter the FDIC process. That's what we created it for. This isn't 1929. We have safeguards. Why are they transferring the risks created by banks, to the taxpayers? I say screw the banks. Let them enter the FDIC process. That’s what we created it for. This isn’t 1929. We have safeguards. Why are they transferring the risks created by banks, to the taxpayers?

]]> By: prescient11 http://pragcap.com/inflation-day-of-reckoning/comment-page-1#comment-2044 prescient11 Mon, 15 Jun 2009 23:03:07 +0000 http://pragcap.com/?p=5259#comment-2044 I actually have become more of a deflationist. Logic just dictates it. Think about it this way, the "money" that the shadow banking system created is defaulting at record paces. Thus, it's as if $3T never existed. The fed is replacing $1T of that money. Exactly how is that inflationary? Jim Grant said he's not concerned about too much money chasing to few goods, he's just concerned about too much money. Well the credit bubble destroyed $3T, so we have far less "money" out there. In fact, the fed could go crazier on the QE front before we broke even. DEFLATION is king, and it is the only way to heal. Fed is just trying to make sure it happens slowly and not catastrophically. And I agree that is the right move. The Fed will move to make sure it can sell treasuries and that the consumer doesn't get destroyed on commodity prices. I guarantee it. I actually have become more of a deflationist. Logic just dictates it. Think about it this way, the “money” that the shadow banking system created is defaulting at record paces. Thus, it’s as if $3T never existed. The fed is replacing $1T of that money. Exactly how is that inflationary?

Jim Grant said he’s not concerned about too much money chasing to few goods, he’s just concerned about too much money. Well the credit bubble destroyed $3T, so we have far less “money” out there. In fact, the fed could go crazier on the QE front before we broke even.

DEFLATION is king, and it is the only way to heal. Fed is just trying to make sure it happens slowly and not catastrophically. And I agree that is the right move. The Fed will move to make sure it can sell treasuries and that the consumer doesn’t get destroyed on commodity prices. I guarantee it.

]]> By: TPC http://pragcap.com/inflation-day-of-reckoning/comment-page-1#comment-2029 TPC Mon, 15 Jun 2009 16:21:16 +0000 http://pragcap.com/?p=5259#comment-2029 My deflation outlook has certainly moderated, but the underlying de-leveraging trend is likely to remain with us for years so it's hard to see inflation getting out of control. Today's downturn is certainly nice, but the volume is unbelievably light. We could easily see one of those crazy last hour melt-ups. My deflation outlook has certainly moderated, but the underlying de-leveraging trend is likely to remain with us for years so it’s hard to see inflation getting out of control.

Today’s downturn is certainly nice, but the volume is unbelievably light. We could easily see one of those crazy last hour melt-ups.

]]> By: Aki_Izayoi http://pragcap.com/inflation-day-of-reckoning/comment-page-1#comment-2027 Aki_Izayoi Mon, 15 Jun 2009 11:36:17 +0000 http://pragcap.com/?p=5259#comment-2027 I still count myself as a deflationist... I do love the short broad equity market trade. As you have pointed out, it is essentially a long straddle on the deflation/inflation, and that doesn't seem to be a losing bet. I want to know if short interest in stocks have risen lately. If so, it reduces the risk/reward for the trade. I still count myself as a deflationist… I do love the short broad equity market trade. As you have pointed out, it is essentially a long straddle on the deflation/inflation, and that doesn’t seem to be a losing bet.

I want to know if short interest in stocks have risen lately. If so, it reduces the risk/reward for the trade.

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