[Revi]

Neither party has figured out how to get off the hamster wheel of stimulus. I'm not sure we want them to.
https://www.gobankingrates.com/money/economy/effect-stimulus-checks-on-inflation-overall-economy/

[Plantagenet]

$this->bbcode_second_pass_quote('Revi', 'N')either party has figured out how to get off the hamster wheel of stimulus. I'm not sure we want them to.
https://www.gobankingrates.com/money/economy/effect-stimulus-checks-on-inflation-overall-economy/

[vtsnowedin]

In regards to the money supply there is another generator of wealth seldom considered and that is the paper wealth or potential wealth of stock prices.
Consider yesterday's activity with Apple one of the largest corporations in the world. It closed yesterday at $149.48 per share up just 22 cents per share for the day with 61.42 million shares being traded yesterday.
But there are 16.5 Billion shares of Apple stock out there so just 0.0037% of that total was traded for 9.1 billion dollars of new money.
At the same time the other 99.9963% went up in potential value 22 cents per share for a total of 3.6 billion$ of money that has never actually existed and really only exist as long as the stock price of Apple stays at $149.48 or higher.
Now consider all the stock market and the shares that were net positive for the day. The S&P 500 index was up 0.30% so with it's market Cap. of 38.23 Trillion that was a creation of new wealth(money) of 11.5 billion on a slow day.

[Newfie]

$this->bbcode_second_pass_quote('Revi', 'N')either party has figured out how to get off the hamster wheel of stimulus. I'm not sure we want them to.
https://www.gobankingrates.com/money/economy/effect-stimulus-checks-on-inflation-overall-economy/

[Newfie]

$this->bbcode_second_pass_quote('vtsnowedin', 'I')n regards to the money supply there is another generator of wealth seldom considered and that is the paper wealth or potential wealth of stock prices.
Consider yesterday's activity with Apple one of the largest corporations in the world. It closed yesterday at $149.48 per share up just 22 cents per share for the day with 61.42 million shares being traded yesterday.
But there are 16.5 Billion shares of Apple stock out there so just 0.0037% of that total was traded for 9.1 billion dollars of new money.
At the same time the other 99.9963% went up in potential value 22 cents per share for a total of 3.6 billion$ of money that has never actually existed and really only exist as long as the stock price of Apple stays at $149.48 or higher.
Now consider all the stock market and the shares that were net positive for the day. The S&P 500 index was up 0.30% so with it's market Cap. of 38.23 Trillion that was a creation of new wealth(money) of 11.5 billion on a slow day.

[Revi]

Very interesting point by vtsnowedin. The whole economy is a big ponzi scheme. It started with the Dutch and their tulip bulb booms. Followed by all sorts of manias and busts. It's going to come crashing down, but the markets can remain irrational longer that we can remain solvent. (paraphrasing)

[vtsnowedin]

$this->bbcode_second_pass_quote('Revi', 'V')ery interesting point by vtsnowedin. The whole economy is a big ponzi scheme. It started with the Dutch and their tulip bulb booms. Followed by all sorts of manias and busts. It's going to come crashing down, but the markets can remain irrational longer that we can remain solvent. (paraphrasing)

[Newfie]

VT,

Displaying my ignorance here.

Where do you easily come up with those “book value” numbers?

I think you and I are saying something similar, and thanks for your explanation. It gave me some additional insight into what I was trying to say.

[vtsnowedin]

$this->bbcode_second_pass_quote('Newfie', 'V')T,

Displaying my ignorance here.

Where do you easily come up with those “book value” numbers?

I think you and I are saying something similar, and thanks for your explanation. It gave me some additional insight into what I was trying to say.

[vtsnowedin]

By way of comparison Fidelity has Tesla's Book value at $27.49 as of 9-30-21.

[Plantagenet]

One of Biden's big campaign promises was to return "civility" to politics.

But that isn't working out so well....

Biden-s-critics-hurl-increasingly-vulgar-taunts

Its hard to miss the thousands of people at football games chanting "#$%$ Joe Biden #$%$ Joe Biden" on live TV.

The lack of civility is part of the culture now.

Joe and the Ds contributed to it with their vulgar taunts directed at Trump and the Rs for the last four years.

Now Joe and the Ds are in charge, and their incompetence and shortcomings are fueling a new cycle of taunts at Joe.


Ohmigosh......Biden is the target of vulgar taunts! How uncivil!!!

Cheers!

[Revi]

$this->bbcode_second_pass_quote('Plantagenet', 'O')ne of Biden's big campaign promises was to return "civility" to politics.

But that isn't working out so well....

Biden-s-critics-hurl-increasingly-vulgar-taunts

Its hard to miss the thousands of people at football games chanting "#$%$ Joe Biden #$%$ Joe Biden" on live TV.

The lack of civility is part of the culture now.

Cheers!

[Plantagenet]

$this->bbcode_second_pass_quote('Revi', '')$this->bbcode_second_pass_quote('Plantagenet', 'O')ne of Biden's big campaign promises was to return "civility" to politics.

But that isn't working out so well....

Biden-s-critics-hurl-increasingly-vulgar-taunts

Its hard to miss the thousands of people at football games chanting "#$%$ Joe Biden #$%$ Joe Biden" on live TV.

The lack of civility is part of the culture now.


Ohmigosh......Biden is the target of vulgar taunts! How uncivil!!!


Cheers!

[vtsnowedin]

$this->bbcode_second_pass_quote('Plantagenet', '
')
Already VP Camela Harris is making uncivil moves to undermine Joe and boost her own visibility and the Ds in Congress are personally attacking each other in most uncivil ways.....how much longer until the entire D party breaks into uncivil efforts to force Joe out of office?

Cheers!

[Newfie]

$this->bbcode_second_pass_quote('vtsnowedin', '')$this->bbcode_second_pass_quote('Newfie', 'V')T,

Displaying my ignorance here.

Where do you easily come up with those “book value” numbers?

I think you and I are saying something similar, and thanks for your explanation. It gave me some additional insight into what I was trying to say.

[Newfie]

Here is a peek into why I am so very disappointed in my Lefty friends.

Just a bit if a shared email thread, the original is about some video I have not seen. I think it was called “Time for a National Divorce.”

$this->bbcode_second_pass_quote('', '
')
Thanks, Ken, for sharing a GREAT watch. I am guilty of a lot of what Bill Maher was pointing out, i.e. being glad that COVID deniers dying off were diminishing the Republican voter base.

Hate is easier to do than love. We all must try harder to avoid the former and embrace the latter.

[Revi]

$this->bbcode_second_pass_quote('Newfie', 'H')ere is a peek into why I am so very disappointed in my Lefty friends.

Just a bit if a shared email thread, the original is about some video I have not seen. I think it was called “Time for a National Divorce.”

$this->bbcode_second_pass_quote('', '
')
Thanks, Ken, for sharing a GREAT watch. I am guilty of a lot of what Bill Maher was pointing out, i.e. being glad that COVID deniers dying off were diminishing the Republican voter base.

Hate is easier to do than love. We all must try harder to avoid the former and embrace the latter.

[Plantagenet]

$this->bbcode_second_pass_quote('Revi', '
')Those trumpeters are pretty easy to dislike. They're disrupting school board meetings and making life miserable for a lot of people.

[Newfie]

$this->bbcode_second_pass_quote('Revi', '')$this->bbcode_second_pass_quote('Newfie', 'H')ere is a peek into why I am so very disappointed in my Lefty friends.

Just a bit if a shared email thread, the original is about some video I have not seen. I think it was called “Time for a National Divorce.”

$this->bbcode_second_pass_quote('', '
')
Thanks, Ken, for sharing a GREAT watch. I am guilty of a lot of what Bill Maher was pointing out, i.e. being glad that COVID deniers dying off were diminishing the Republican voter base.

Hate is easier to do than love. We all must try harder to avoid the former and embrace the latter.

[JuanP]

It looks like Biden is not polling very well. I agree with Newfie above. I never expected anything from the Republican Party, so they can't disappoint me, but I expected better from the Dems, and they have disappointed me sooooooooooooo much, that now I dislike them more than I dislike Repubs.

And in the USA during the past decade the left has become more aggressive, abusive, disrespectful, and intransigent than the right. I never expected to live through times like these. Things are much worse than I ever thought possible, and most people say I am a pessimist! The future looks bleak in today's USA!