Use access key #2 to skip to page content.

alstry (36.08)

YOU CAN'T PRINT MONEY....

Recs

9

April 06, 2011 – Comments (12)

QE1 and QE2 is printing money.....

as opposed to legitimate borrowing money against an asset or the reasonable expectation of  future production to pay the money back. (which by the way is most Fools definition of printing, but since I am a lawyer and probably one of the our nation's foremost experts on the legal and moral nature of money, I must clarify the difference as they are HUGE)

"Printing" via fraudulent lending(no reasonable expectation to pay it back) or outright counterfeiting(QE1 and QE2) is legally wrong and morally reprehensible.  It is essentially stealing the production/life of another who accepts your money...whether by force or unknowingly.

Creating money actually backed by production is the definition of money and creating money through a legitimate loan, although has risks attached, is still within legal bounds.

Every nation for the past 5000 years that has attempted to print money has thrusted its nation into massive convulsions.....when the Roman Empire tried to mix metals with their gold and silver coins, once the people found out, the Empire collapsed. 

The same thing happened to the Spaniards, Germans, and Argentinians and many more......

At some point, people will eventually reject the printed money in exchange for the production/life.....and if you need that production, your only choice left is to use force......as love(the third method to generate production) generally is out the window at that point.

Welcome to Alstrynomics....the analysis of deficit based economies with no reasonable expectation to ever pay it back....otherwise known as Zombulation once most figure it out.

12 Comments – Post Your Own

#1) On April 06, 2011 at 3:43 PM, Betapeg (< 20) wrote:

The value of the dollar is based on money supply, economic fundamentals, and supply and demand (bond market). How you came to the conclusion that increasing money supply for stimulus is "counterfitting" and the dollar not being backed by economic fundamentals, is beyond me. Not even mentioning the fact the bond market currently completely disagrees with your view of the dollar. Otherwise, a 10-Year US Treasury Bond should be, according to your dire warnings, be closer to something like a 20% yield, rather than what is now, 3.55%.

Report this comment
#2) On April 06, 2011 at 4:47 PM, alstry (36.08) wrote:

Is beyond you?

Are you even living in this world.  The only entity buying U.S. debt right now on a material net basis is the FED.....and the FED is printing the money out of thin air.

We are printing/counterfeiting OVER $1.6 trillion dollars per year.  No nation or collection of nations could come close to buying that much paper if they actually had to produce to create it.

Interest rates are whatever the FED wants them to be....and if the FED were not buying bonds, then you are right, interest rates would be well NORTH of 20%.

Report this comment
#3) On April 06, 2011 at 5:00 PM, L0RDZ (80.14) wrote:

So whats the problem Alstry ???  

 

Alstry reminds me of someone complaining because some ship managed to hit the ice-burg, rams its way thru undamaged and no one dies.

The ship is sailing away towards the horizon, everyone has boat drinks  and Alstry is pissed,  because  ALstry is a perma bear...

 

It doesn't matter to him, regardless we could have zero percent unemployment and Alstry would be the same ~~ its bad its bad...

 Anyone see the south park episode about man-bear-pig with Al Gore trying to save the boys from some imaginary creature because Al is so lonely and has no friends.

Alstry = Al Gore on south park...

I'm super serious ??  cereal !

 

Report this comment
#4) On April 06, 2011 at 5:02 PM, L0RDZ (80.14) wrote:

Apparently Alstry you can print money...

you also can add zero's onto peoples bank acount figures... :)

Poor Alstry... don't cry.... its not the end of the world,,, only the end of the world as you know it Alstry...

 

LMAO

 

 

Report this comment
#5) On April 06, 2011 at 5:12 PM, alstry (36.08) wrote:

Actually...since I have started blogging....food stamp recipients have doubled to levels America has never seen before....the number of foreclosures and vacant homes have reached levels never seen before....the amount of debt we are facing is at levels we have never seen before.......

Whoops...I should be more bearish if I had a pulse.

Report this comment
#6) On April 06, 2011 at 5:16 PM, alstry (36.08) wrote:

and that doesn't even include the fact that fewer and fewer are actually working even though the unemployment rate is falling....I would have to be delusional or insane to think things are improving...wow, I really should be more bearish.

It is good to be an optimist in such dire times......

seriously, did you really think you could print your way to prosperity without going to war to defend such behavior?

Look around you, it appears we are well on way now....

Report this comment
#7) On April 06, 2011 at 5:16 PM, aptosjoe (< 20) wrote:

It's very hard for people to actually believe the sky is falling until they get hit in the head with it. It really doesn't do much good to warn anyone that the world is ending. You either see it coming or you don't.

Alstry may be p...... into the wind but he's smart enough to wear a raincoat. Not that it will help much if things really do go to hell in a hand basket.

 

Report this comment
#8) On April 06, 2011 at 5:32 PM, mtf00l (48.04) wrote:

I, for one, have offered many times to pick up my pitch fork and torch and follow if Alstry would just do anything but yell and scream someone should do something...

So, that said I guess I should start "www.teatworld.com".

I'll have to check out the other site or perhaps I'll just link to it from "www.teatworld.com".

Report this comment
#9) On April 06, 2011 at 5:52 PM, L0RDZ (80.14) wrote:

Is Alstry on food stamps ????

 

Last time i checked the sky hasn't ever fell..... idiots...

The market rolls on...... and you both look like fools...... 

Meanwhile I'm living like a king........  no need for work...

work isn't important.... 

Prepare don't fear... LMAO...

Can't wait for the next ALstry blog...

See market climb ever so higher...

Alstry all red faced...

 

Report this comment
#10) On April 06, 2011 at 6:12 PM, alstry (36.08) wrote:

45 million people on Food Stamps......

1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16.............................................................................................45,000,000

It appears as more people go on Food Stamps, the higher the market goes...... 

Report this comment
#11) On April 06, 2011 at 6:40 PM, Betapeg (< 20) wrote:

Yea let's let 45 million people starve.

Report this comment
#12) On April 06, 2011 at 10:25 PM, L0RDZ (80.14) wrote:

There is too much food...   Alstry must we mock you and dont you get tired looking the fool ??????

 with zero credibility...... like I said before  you'd be broke following your nonsense and thus as the market recovered you would have nothing....

So all you do is hate, cry, and whine.....  silly boy....

 Look at your score ??? pathetic given your suppose to be the great Alstry with locked in accuracy....  you  haven't had a positive score in what  a long long time probably before I left...

No one will starve and if you do in America you probably aren't valuable enough to deserve eating.

what happened to the zombie of 9.09.09  ?????????? huh

what  happened to a will not post

 

instead you post like your some kind of crack addict and the better the market gets the  more stupid your posts look.

 and all you can do is say nothing.,

but your dumb bear position which would have not served anyone well.

your morally bankrupt and your bias is amazing.

 

Report this comment

Featured Broker Partners


Advertisement