tag:blogger.com,1999:blog-2182962435875556601.post6460082169430078704..comments2023-09-24T08:04:06.909-04:00Comments on FSK's Guide to Reality: Reader Mail #67FSKhttp://www.blogger.com/profile/11903396202330950362noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2182962435875556601.post-22638806661698568832008-11-04T21:35:00.000-05:002008-11-04T21:35:00.000-05:00The Times Online has reported a strange phenomenon...The <A HREF="http://property.timesonline.co.uk/tol/life_and_style/property/buying_and_selling/article4977439.ece" REL="nofollow">Times Online</A> has reported a strange phenomenon last week. Apparently many property sellers are starting to ask for far higher prices than normal to sell their house - because buyers are expecting deeper discounts. Here in the UK, pries are already down 14% and are expected to drop by another 10-15% by the end of 2009.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2182962435875556601.post-25438470500398327462008-10-14T23:51:00.000-04:002008-10-14T23:51:00.000-04:00"David Gross writes that if you don't like the US ...<I>"David Gross writes that if you don't like the US financial system and the Federal Reserve, then you should start your own monetary system."</I><BR/><BR/>And that wasn't me either; it was Douglas Rushkoff.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2182962435875556601.post-40239114659792113882008-10-14T23:05:00.000-04:002008-10-14T23:05:00.000-04:00"David Gross said that US Treasury bonds are a 100...<I>"David Gross said that US Treasury bonds are a 100% safe investment."</I><BR/><BR/>Actually, that was the argument of Jeffrey Tucker of the Mises Institute. I was merely quoting his article, in which this was a minor aside.<BR/><BR/>I consider US Treasury Bonds to be 100% unsafe, not so much because they lose value, but because they are a loan to the bad guys.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2182962435875556601.post-84380176943950354542008-10-14T15:15:00.000-04:002008-10-14T15:15:00.000-04:00I'm amused to hear about the show 'Hurl.' For eve...I'm amused to hear about the show 'Hurl.' For every phobia, there is a philia. I'm emetophobic and can't stand to see people vomiting and can't be anywhere near it or hear the noise it makes. If I do, I automatically empathize with the person and feel like I'm going to vomit too. The only vomiting that I can stand to watch is the tiny little guests on the Roller Coaster Tycoon game. <BR/><BR/>But when I first started using the internet and I researched emetophobia, I found out that there are websites where people take photos and videos of people vomiting because it fascinates them. I wasn't able to watch. :p I'll probably never be just neutral or casual - much less, able to laugh - about vomiting. But it's funny that there is now a game show about it.eagledove9https://www.blogger.com/profile/08975582734637723426noreply@blogger.comtag:blogger.com,1999:blog-2182962435875556601.post-25109345046084428592008-10-14T14:12:00.000-04:002008-10-14T14:12:00.000-04:00Even though Congress rejected the bailout, the Fed...<I>Even though Congress rejected the bailout, the Federal Reserve still has the power to create money out of thin air and loan/give it to banks. This is as effective a bailout as if it were explicitly allocated by Congress.</I><BR/><BR/>Ok, this makes sense. But then why didn't the fed simply issue a $700B 0% interest permanent "loan" rather than attract all this attention with an explict bailout? The bailout raised some awareness of the inherant unfairness in our monetary system, though I'm not sure how much. Printing a huge pile of money and giving it away would just be another unremarkable day at the fed.Anonymousnoreply@blogger.com