Posts Tagged ‘cheap’

“Some shifty guy in a cheap suit is never going to lure you into a Ponzi scheme. Only admired, respected people can do that.” –Diane Henriques

“It’s EZ credit that is the linchpin in today’s fake-money system.

The Deep State’s stocks, bonds, and real estate values… not to mention its careers, incomes, and reputations… depend on it.

And it is made possible by the China trade… by Chinese workers who put in long hours in miserable conditions in order to stock the shelves of Walmart with cheap goods… by Chinese manufacturers who undersell their competitors to keep consumer price inflation in the U.S. at low levels… and by Bank of China, which holds some $1.25 trillion worth of U.S. bonds… thus propping up the whole wobbly capital structure….

In politics and economics, BS is all there is. The calculations are almost always fake; the statistics are quackery; the theories are devilish nonsense. And bad ideas never entirely disappear, they just re-emerge after a few years… often dressed in new duds.”

-Bill Bonner

Cheap Money

Posted: September 29, 2016 in Money Matters
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“Buy cheap.  And use other people’s money.” -Chris Mayer

Cheap Gain

Posted: May 10, 2016 in Thought for the Day
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“What we obtain too cheap, we esteem too lightly.” -Thomas Paine

Cheap…Morphine?

Posted: August 21, 2015 in Economics
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“Today’s economy depends on large doses of cheap credit….  And like morphine, you have to up the dosage just to stay in the same place.  Take away the drugs, and the pain rises.” -Bill Bonner

Cheap Money

Posted: July 10, 2014 in Money Matters
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When money is cheap and abundant, people get reckless.” -Sean Goldsmith