Friday 18 July 2008

...is they is or is they aint?

Yo suckers! Look at this. Everone out there is runnin aroun screamin "fed gonna print money roun the clock"... "cause all this inflation an stuff."

"Banks is bust...oil sky high...pay an unemployment risin by the minute...house prices goin thru the roof!"

Scratch that buster! Seems like either we bust or we boomin cain't have both right?

"Way to go painter man" (it's the mouse)
"Go painter" (Halfcat)
"sock it to em" (Spider)
"Is that sonofabich on that freakin computer again?...wher's that freakin rollin pin?"(you got it...it's Beulah!)

Up in the garret, here in Palookaville, we are sadly confused.
Last night that little biddy ole mouse he looked over at me and ast "dude, is we is or is we aint inflatin?'
I swear they was tears in his little eye peeps - he takes his economy muy serious.
"Little mouse dude, I just a dumbass artist from Palookaville but I know some real clevva dudes onna net'.
"Yo Sider! Git on that web o yorn an find me some stuff by Mish (he some clevva dude man) an while yo about it get me some other stuff so the suckers out there can see fo theyselves jus wots appnin."

'Comin up boss"

Thursday, March 27, 2008

Fed Drains Again: 9 Straight POMOs

Every day I hear from someone how the Fed is "printing". My typical reaction is to ask for proof. I never see any. I just looked again. I still don't see any. Oh sure, people point to various Fed sponsored facilities like these as printing.....
http://globaleconomicanalysis.blogspot.com/2008/03/fed-drains-again-9-straight-pomos.html

Onna uvva hand -

Time to put the brakes on this runaway train
Kenneth Rogoff........

This runaway-train global economy has all the hallmarks of a giant crisis in the making — financial, political, and economic. Will policy makers find a way to achieve the necessary international
co-ordination? Getting the diagnosis right
is the place to start. The world as a whole needs tighter monetary and fiscal policy. It is time to put the brakes on this runaway train before it is too late. Project Syndicate, 2008. www.project-syndicate.org.

  • Rogoff is professor of economics and public policy at Harvard University, and was formerly chief economist at the IMF..... get the full article @
  • http://www.businessday.co.za/articles/article.aspx?ID=BD4A797286

  • Thats all for now folks. Spider on a bathroom break an Beulah is wavin that ole rollin pin and lookin meaner an a skunk with a cold.

    LATER...

    We're back. "Spider sock it to em"-
    "OK boss" -

    Friday, 18 July 2008

    UK money supply continues to grow at double digit rates

    Brace yourself for more inflation. The UK money supply is currently growing at 11.5 percent a year. In fact, the growth rate picked up in June, reversing the declining trend of the early months of the year.... http://ukhousebubble.blogspot.com/

    Then get this -

    Britain's lonely monetarists fear Bank of England may trigger severe crunch


    By Ambrose Evans-Pritchard, International Business Editor
    Last Updated: 11:45pm BST 17/06/2008

    Britain's lonely band of monetarists fear that the Bank of England will trigger a severe crunch if it overreacts to the inflation spike and keeps interest rates too high as the downturn gathers pace.

    Like I said - "is there is or is there aint?"

    -http://www.telegraph.co.uk/money/main.jhtml?view=DETAILS&grid=&xml=/money/2008/06/17/bcnmonet117.xml

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