Keeping It Free: 中國如何會加速復仇的降價潮

Stanley Druckenmiller on the Alleged $32T Debt

Stanley Druckenmiller on the Alleged $32T Debt -- "This is what really annoys me, how no one talks about it... Do you know that the $32 trillion [in government debt] assumes the federal government will never make another Social Security or Medicare payment? [These huge obligations are not included as ‘liabilities’ in the national debt.] Only government accounting could think that the government is never going to make another payment, not one. Not to me... not to you guys when you get older. If you actually accounted for those (big) government programs…credible estimates put the value of that debt [total federal liabilities] at $200 trillion."

Saturday, May 20, 2017

中國如何會加速復仇的降價潮

中國如何會加速復仇的降價潮通過Lutpin 5月19日，2017年下午7點33 EDT 1 這個故事是從共享這個網站共識系統（ConsenSys）全球業務發展總監安德魯鍵和復仇基金會參加了最近的全球金融Blockchain杭州峰會（中國人民共和國）。鍵先生和基金會的代表在這個國家，有助於復仇的市場和產業的加速訪問不同的地區和城市中心。 ConsenSys創造了開發人員和最終用戶，專注於復仇分散的應用（DAPPS）Blockchain生態系統的工具。在另一方面，復仇基金會促進和支持協議和工具，可以幫助開發者製作更複雜的DAPPS的教育，研究和開發工作。所述底座的最終目標是要拿出自由，更方便和可靠的網絡遍布世界各地。復仇實驗室該小組發現，其中包括國有企業以及學術機構像北京大學在北京的許多著名企業和機構建設復仇協議之上的應用程序和平台非常積極。事實上，著名的研究型大學成立了一個致力於開發和實施應用復仇中心。據按鍵，復仇實驗室正在建設協議的改進和使用情況的應用程序，影響中國在供應鏈和能源市場中的條款。聯合小組也參觀皇家造幣廠中國，中國印鈔造幣的主要單位之一。後者分配其資源和分配的開發商復仇標記數字化國家貨幣（元或人民幣）。這種動態的發展正由執行國營和政府資助的實體被認為是中國各地核定使用ETH是必不可少的。最主要的原因是它授權中國網和鼓勵企業研究和利用復仇。該ConsenSys高管承認，皇家造幣廠中國正進行ETH智能合同和ERC-20標準的標記實驗。 ETH推廣教育和金融機構都沒有活動日程裡面Fintech，首爾的Kintex 2017年12月比特幣新聞金錢上自來水：是不是真的有可能使自由兌換貨幣比特幣使用水龍頭？ CORION宣布全業務Blockchain平台的搭建和管理任何企業無波動比特幣的價格在新的歷史最高水平; 調情2000 $ 比特幣費用下降34％臃腫內存池放氣未經證實的交易數量達到歷史最高水平：加熱社區討論解決方案通訊比特幣 Blockchain /比特幣新聞了解最新的cryptocurrency世界的業務。輸入您的電子郵件地址接收關於比特幣和更新的內部比特幣系列會議的每日新聞。註冊以收到關於比特幣和我們展示了最新的更新。比特幣/塊鏈消息會議新聞註冊

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JFK, 1962

THE PRESIDENT. If the United States refused to cash in dollars for gold, then everyone would go to the gold standard and the United States, which is the reserve currency of the whole free world – we would all be dependent upon the available supply of gold, which is quite limited.
Obviously, it isn’t enough to finance the great movements of trade today and it would be the most backward step that the United States has taken since the end of the Second World War. We have substantially improved our position this quarter, the second quarter over the first quarter. Our loss is down to almost a third of what it was in the first quarter. Our loss, based on the first and second quarter of this year, is about half of what it was last year, and about a third of what it was the year before. We hope that we can bring our balance of payments into balance by the end of next year.
We are not going to devalue. There is no possible use in the United States devaluing. Every other currency in a sense is tied to the dollar; if we devalued, all other currencies would devalue and so that those who speculate against the dollar are going to lose. The United States will not devalue its dollar. And the fact of the matter is the United States can balance its balance of payments any day it wants if it wishes to withdraw its support of our defense expenditures overseas and our foreign aid.

Portions of the Testimony of Navy's Saundra Spencer Before the Assassination Records Review Board

GUNN: Ms. Spencer, did you have any work after November 22, 1963 that was related to the death of President Kennedy? SPENCER: Yes. We were requested to develop 4” by 5” color negatives and make prints of an autopsy that was — we were told it was shot at Bethesda after the President’s body was brought back from Dallas. ... GUNN: Is there any doubt in your mind that the pictures you saw in November 1963 also were photographs of President Kennedy? SPENCER: No, that was President Kennedy, but between those photographs [that you showed me today] and the ones that we did, there had to be some massive cosmetic things done to the President’s body. -- https://www.fff.org/explore-freedom/article/jfk-autopsy-cover-dramatic-testimony-saundra-spencer/

Peter Schiff 5-12-23 On Banking's Disarray

"We socialized the banking industry. That is the source of the problem. And we’ve also socialized interest rates because the Federal Reserve is like a Polit Bureau. They just pick an interest rate rather than allowing the market to discover the appropriate rate. And when the Fed sets interest rates too low and prints a lot of money in order to make that possible, it unleashes massive inflation, creates tremendous economic imbalances that result in financial crises and depressions when the bubbles burst. That’s where we are right now.”

On Warren G. Harding's Handling of 1920 Depression -- National Review

"With Harding’s tax and spending cuts and relatively non‐interventionist economic policy, GNP rebounded to $74.1 billion in 1922. The number of unemployed fell to 2.8 million— a reported 6.7 percent of the labor force— in 1922. So, just a year and a half after Harding became president, the Roaring Twenties were underway. The unemployment rate continued to decline, reaching an extraordinary low of 1.8 percent in 1926. Since then, the unemployment rate has been lower only once in wartime (1944), and never in peacetime."

Robert Shiller - Naturally Occurring Ponzi Schemes

Speculative feedback loops that are in effect naturally occurring Ponzi schemes do arise from time to time without the contrivance of a fraudulent manager. Even if there is no manipulator fabricating false stories and deliberately deceiving investors in the aggregate stock market, tales about the market are everywhere….. The path of a naturally occurring Ponzi scheme – if we may call speculative bubbles that – will be more irregular and less dramatic since there is no direct manipulation but the path may sometimes resemble that of a Ponzi scheme when it is supported by naturally occurring stories.

-- Robert Shiller

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Saturday, May 20, 2017

中國如何會加速復仇的降價潮

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