Monthly Archives: October 2014

The Logic of Programs for the Poor

As long as people are comfortable they believe what they are told, never protest and support authority. That is the logic of programs for the poor. Do the poor benefit? Of course they do but the programs are of far … Continue reading

Posted in Daily Comments | Comments Off on The Logic of Programs for the Poor

Amazon.com and Today’s Earnings

Amazon.com has been trading for $300+ for a while with a price earnings ratio of around 600. In a real world setting AMZN would be trading for under $5.00. Common Sense Economics knows that for the human species, work is … Continue reading

Posted in Daily Comments | Comments Off on Amazon.com and Today’s Earnings

Fantasy of Economic Models

It takes a high I.Q. and lots of hard work to get a PHD in economics, especially from an Ivy League School. Yet a third grader with common sense could debunk almost anything that comes of their mouths in thirty … Continue reading

Posted in Daily Comments | Comments Off on Fantasy of Economic Models

Truth About Fiat Money

Common Sense Economics as of October 7 is recognizing the most recent record highs as marking the end of the bull market that started in 2009. Unlike all other bull markets in history this one was politically created and maintained … Continue reading

Posted in Daily Comments | Comments Off on Truth About Fiat Money

How the Biggest Lies Are Told

Suppose person A want to tell a lie to person B. It is hard to get someone else to believe a lie unless they are already lying to themselves. One common denominator among all people is that of believing one … Continue reading

Posted in Daily Comments | Comments Off on How the Biggest Lies Are Told

Bull Market Over

During the 1980s, while Ronald Reagan was president, government began tampering with the financial markets. In the spring of 2003 government started working aggressively with Wall Street to elevate asset prices. In spring of 2006, when asset prices were showing … Continue reading

Posted in Daily Comments | Tagged , , , , , | Comments Off on Bull Market Over

War Tax and Myth of Self Government

It is hard not to be at war when hardly a soul cares. American citizens eventually absorb the burden of a war  even if they are unaware it is being fought. Since embracing the mercenary army concept it is easy … Continue reading

Posted in Daily Comments | Tagged , , , , | Comments Off on War Tax and Myth of Self Government