tag:blogger.com,1999:blog-15489764.post2733369666975837864..comments2023-09-28T05:59:22.788-07:00Comments on The Independent Report: Derivatives Market a $1.2 Quadrillion Time BombThe Independent Reporthttp://www.blogger.com/profile/18267883671131606244noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-15489764.post-12421744353731220702014-09-29T13:39:51.891-07:002014-09-29T13:39:51.891-07:00Miss Donna you are totally correct.!!Miss Donna you are totally correct.!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15489764.post-33789886849853064342014-09-29T11:47:11.366-07:002014-09-29T11:47:11.366-07:00Since Reagan in 1980, the US economy has moved awa...Since Reagan in 1980, the US economy has moved away from regulation toward "free market". Poof! Here we are. Bankrupt, leveraged to-the-hilt, "printing money" ... and STILL UNREGULATED. Those who created/are creating this environment know what they are doing. Those that will suffer had no role in the cause. Shame on America.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15489764.post-24947248832118862362014-09-29T11:38:21.800-07:002014-09-29T11:38:21.800-07:00This epic pile of derivative-based fertilizer you ...This epic pile of derivative-based fertilizer you speak of is the primary reason central banks have not and will not and may never move to raise interest rates despite all the jawboning and posturing to the contrary. Those mad scientists who've created this Frankenstein monster no doubt have advised the Fed (and as the Goldman tapes revealed) that raising interest rates would be the equivalent of igniting a match inside a sealed room filled with jet-fuel vapor. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15489764.post-36579199629511728452013-08-31T15:41:52.358-07:002013-08-31T15:41:52.358-07:00I don't think they will be able to print their...I don't think they will be able to print their way out of the government bubble. I think that's why you have Obama Care. Government has to go into the health insurance business now so they can create more money for the government. They have their hands in every faucet now. Banks,sewers,waters,permits,licensing fees,insurance and the money they earn on the stock markets. Why do we even pay taxes? <br />Ticktock goes the clock. Its a matter of time. Donna Rae Landshttps://www.blogger.com/profile/16541639533882777501noreply@blogger.comtag:blogger.com,1999:blog-15489764.post-87811525843921526202013-01-27T17:37:16.877-08:002013-01-27T17:37:16.877-08:00It is intentional. The oligarchy that uses the coe...It is intentional. The oligarchy that uses the coercive collective ("the people," the "99%") to mask its lust for power is engaged in the last stages of the great take down. You could read "Idylls of the King" for the apocalyptic theme and mood but in this last or 'postmodernist' phase vulgarity displaces elegance. Look at the cover of Us Weekly for 1/28: the depraving fictions there match the destructive fictions of mega-finance.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15489764.post-79726300329827635152012-10-14T16:20:06.390-07:002012-10-14T16:20:06.390-07:00You are so right. But how do we get from here to ...You are so right. But how do we get from here to there? Seems impossible. If eventual defaults in Europe trigger the world-wide financial disaster, what is the result? Severe deflation (stock-market and bonds worth nothing and prices lower) or hyper-inflation (print our way out of the mess with the eventual replacement of currency when money is worth nothing)? Daddiohttps://www.blogger.com/profile/12728215264715728365noreply@blogger.comtag:blogger.com,1999:blog-15489764.post-16419398599926739382012-10-14T15:37:28.549-07:002012-10-14T15:37:28.549-07:00Futures (by price speculators), options (and other...Futures (by price speculators), options (and other derivatives) represent methods to enrich one person at anothers expense. Compared to other forms of acquiring money, they create little to no prosperity overall. The only sensible regulation is to tax them heavily and drive them out of existence. No society is enriched overall by price speculation.<br /><br />Aside from the problem of gaining money without creating prosperity is that it is perfectly possible to have trillions of dollars in derivatives that are backed only by millions in actual assets. These assets are in danger of speedy destruction in an economic downturn (such as the stocks purchased on margin just before the great depression). Futures and derivatives should be restricted to only those who produce or consume the commodity and there should be no derivatives of non-commodities.Anonymousnoreply@blogger.com