[peripato]

$this->bbcode_second_pass_quote('copious.abundance', 'A')ccording to peripato's chart, and his reasoning, there were, in reality, no recessions between about 1963 and 1998, because the LFPR was rising. Even though there really were. After all, if the LFPR is going to be our measure of what constitutes a recession/recovery, then there cannot be a recession when it is rising, if, as he claims, there cannot be a recovery when it is falling.



As for the velocity of money, its current low level has everything to do with the Fed's purchase of treasuries the past several years. If it weren't for that, it would be a lot more normal-looking. You'll have to research that yourself.

You see, the doom and gloom crowd is pretty desperate these days to find some way to claim there has been no recovery, so they're forced to cherry pick increasingly obscure stats and mis-interpret other stats in order to maintain their illusion of doom. But then, I've been pointing out that for at least 3-4 years too.

[Cog]

copious.abundance is dead on point. Your ad-homs don't refute that.

[copious.abundance]

It's too bad Cog has only recently come around to my p.o.v. If he had done the same in 2009, he'd be $100 richer.

[ennui2]

$this->bbcode_second_pass_quote('copious.abundance', '
')You see, the doom and gloom crowd is pretty desperate these days to find some way to claim there has been no recovery, so they're forced to cherry pick increasingly obscure stats and mis-interpret other stats in order to maintain their illusion of doom.

[Cog]

$this->bbcode_second_pass_quote('copious.abundance', 'I')t's too bad Cog has only recently come around to my p.o.v. If he had done the same in 2009, he'd be $100 richer.

[ROCKMAN]

Still amazing to see how many folks think current LOWER oil prices and higher production rates indicate that there not very bad times coming for the world with respect to energy. Sorta like the passengers on the Titanic that thought it was cool to put ice in their drinks after it fell from berg on to the deck after they hit it. And the band played on. LOL

[Cog]

With the money I have saved on fuel bills, I have bought another AR so it is sort of works its way out in the end.

[AirlinePilot]

$this->bbcode_second_pass_quote('ROCKMAN', 'S')till amazing to see how many folks think current LOWER oil prices and higher production rates indicate that there not very bad times coming for the world with respect to energy. Sorta like the passengers on the Titanic that thought it was cool to put ice in their drinks after it fell from berg on to the deck after they hit it. And the band played on. LOL

[AirlinePilot]

$this->bbcode_second_pass_quote('ennui2', 'P')eak oil has lost its branding.

[sparky]

.
If one observe the crude oil price trend , it become obvious it is plagued by a boom and bust sequence
it take about 6 years to go from a high to a low ,
in system analysis it it the sign of an unstable feedback loop , in this case the supply/demand response.
the high get higher and the lows lower at each cycle .
so , when will prices break the current record?
for my two cents , 2021 ....an humungous tsunami of money bidding for drips

[peripato]

$this->bbcode_second_pass_quote('Cog', 'c')opious.abundance is dead on point. Your ad-homs don't refute that.

[ennui2]

$this->bbcode_second_pass_quote('peripato', '')$this->bbcode_second_pass_quote('Cog', 'c')opious.abundance is dead on point. Your ad-homs don't refute that.

[JimBof]

$this->bbcode_second_pass_quote('AirlinePilot', '')$this->bbcode_second_pass_quote('ennui2', 'P')eak oil has lost its branding.