Maggie's Farm

Depends on what you mean.
Normally they aren't.
Right now, they are.

Definitely rigged for the house, too.

We've posted several times here at Maggie's on the perils of continued printing. Mississippi Bubble, Weimar, Zimbabwe - printing endlessly does not end well. Ever.

As I mentioned, you can go through previous posts - there are at least 3 which discuss the potential outcome(s).

For what it's worth, we're already in an inflationary environment. Just because the government statistics don't show it doesn't mean it isn't happening.

When you consider, coming out of 2008, that we were in a deflationary environment (average household savings leapt dramatically, while purchases fell) and deflation didn't set in (indeed, we had price increases), you have to question both what was going on (government spending of money it didn't have to take up the slack, expansion of available credit, government purchase of worthless bonds/debt) and the method of measurement (heavily weighted toward the kinds of goods and services purchased by the government).

Since then, it's not as if things have gotten 'better', despite what the president and the press have been telling us. Oh, look! The stock market is up, that's good for....well, it's good for some people.
Oh look! Corporate profits are at all time highs! Don't worry about all the layoffs they've engaged to maintain those high levels, or the excessive borrowing at zero interest. Those are things we'll figure out later.
Oh look! Unemployment is below 7.5%! Nevermind the people who have dropped out of the workforce or the increase in food stamp utilization. Those are just examples of the system 'working properly'.


I think the effects of this policy are already evident. It's really just a question of the endgame. Savings and asset confiscation? Why not - they did it in Cyprus, and several other nations. Make it illegal to own gold? Sure, we've done that before.

It won't end well, I think that's pretty apparent. The only question will be - who will they blame and what actions will they take to 'make things better'? Because that's when it gets really bad.

Yup. They have several other 'hit' games, but none like Candy Crush. I played it briefly. It's very addictive, and it does help pass time at airports. I removed it, though, when I began to see the distraction it created for me.

I never paid to play it, either. Plenty of people pay to play that and many other games. Not sure why.

Try 2048 if you'd like an online game that requires some thought. Spatial and mathematical skills required. It's free.

Pardon, I meant iPhone game, not online, though I suppose it's available online, as well.