Posts Tagged ‘nonsense’

Money Value

Posted: July 14, 2019 in Thought for the Day
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“The value of money – or more specifically wealth – is the freedom it grants you. Everything else is nonsense.” -David Eifrig

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“The value of money – or more specifically wealth – is the freedom it grants you. Everything else is nonsense.” –David Eifrig

Money Value

Posted: August 28, 2018 in Money Matters
Tags: , , , ,

“The value of money – or more specifically wealth – is the freedom it grants you. Everything else is nonsense.” -David Eifrig

“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

“The world has always been filled with nonsense.  There’s never been an exception.  Learning how to recognize nonsense and discard it is extremely important.” -Nelson Nash