The Current Fed Mandate Doesn’t Allow For Prosperity

What we need is not necessarily a gold standard, but rather a “de facto” gold standard where the fed keeps the price of gold within a tight range. That way there’s plenty of liquidity for growth, and excess liquidity during recessions is “sopped up” so that it can’t cause inflation. What’s interesting is that the… Continue reading The Current Fed Mandate Doesn’t Allow For Prosperity

Why Netflix Inc (NFLX) Won’t Raise Prices and What Their Real Endgame Is.

I don’t think Netflix is interested in raising their subscription price or tiered pricing. I think they look at the subscription like Magazines and Newspapers in the pre-digital days looked at subscriptions: a validation of intent and also to show the content creators the legitimacy of their audience. I think Netflix’s endgame is to become… Continue reading Why Netflix Inc (NFLX) Won’t Raise Prices and What Their Real Endgame Is.

Why Netflix Will Become THE Global Distribution Channel for Filmed Art & Entertainment.

(Editor’s note: I wrote this piece originally in response to this article from TheStreet.com:  Amazon vs. Netflix: Jeff Bezos Could Squash Reed Hastings Like a Bug) A) I’ve been an HBO subscriber since the 80’s, watched almost everything on it, and “House of Cards” is totally as good as anything that has ever been on… Continue reading Why Netflix Will Become THE Global Distribution Channel for Filmed Art & Entertainment.

How to End Inflation Once and For All

In Response to this blog post “Why Coke Cost a Nickel for 70 Years” I wrote this comment: “Same reason the price of oil was basically the same from 1920-1970, even through the invention of automobiles and Jet Airplanes! It’s because Nixon closed the London Gold window in 1971. That’s the whole and only reason… Continue reading How to End Inflation Once and For All

The Government Was the Cause of the Financial Meltdown of 2008

There were three causes, and all were the government driven: The Congress – The Community Re-investment Act. This is what gets me: Everyone thinks it was lack of regulation that caused it. The regulation in the form of this act forced them to lend to everyone and everybody! I mean how much more ironic can… Continue reading The Government Was the Cause of the Financial Meltdown of 2008