Christmas Wishes

By: GE Christenson | Mon, Dec 23, 2013
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Santa: The following are our Christmas wishes for the bottom 95% of Americans - as measured by either income or total assets.


A People's QE

The Fed creates $85,000,000,000 (perhaps reducing to $75 Billion in January) per month - Quantitative Easing or QE - and feeds it to the bankers, the wealthy, and the politicians. A people's QE is for the Quality Enhancement of the bottom 95% - an additional $85,000,000,000 per month distributed to 315 million people in the U.S. Santa: please deliver $ 270 to each person monthly, or at current prices, about 14 ounces of silver per person per month, or about 3 ounces of gold per person every 14 months.


Congress

It would be grand if congressional approval ratings stayed above 70% because congressional actions beneficially represented the nation and the needs of the people instead of large corporate interests and their own payoffs. Santa: we know this is probably hopeless, but please make congress and the government more truthful.


Jobs For Americans

Does shipping jobs offshore and closing factories make America stronger and a better place to live? The "profit for me but unemployment for you" approach is not a good plan. Santa: please open American factories and create more local jobs.


Financial Industry

We pray for a new financial industry that encourages a productive economy instead of gouging the middle class to promote CEO bonuses. Santa: this is a tough one, but your help would be appreciated.


Health

Most of us would benefit from a medical profession that encourages good health, prevention, and sane living instead of highly profitable sick care, huge medical expenses, and the "take a pill" mentality promoted by the big Pharmaceutical companies. Santa: we need healthier food, less drugs, more exercise, and fewer destructive habits.


Fair Markets

Price fixing, such as in the markets for LIBOR, currencies, bonds, gold, silver, and crude oil damage the integrity and credibility of markets and hurt the lower 95% with a higher cost of living. However, price fixing enhances banker bonuses. Santa: please help the 95%!


Honest Money

Does it make sense that the dollars EARNED by actual work are valued the same as the "funny money" dollars that the Fed "prints?" Santa: please bring honest money back to our world.


Peace On Earth

War is highly profitable for many businesses but it kills and hurts people. Santa: please inspire peace and good will in the hearts of the warmongers.

My Christmas Wish is that we will live in a better world that includes honest money, real markets, and individual good health. Have a warm and loving Christmas and a 2014 filled with more hard assets and fewer paper assets.

 


 

GE Christenson

Author: GE Christenson

GE Christenson aka Deviant Investor
www.deviantinvestor.com

GE Christenson

I am a retired accountant and business manager who has 30 years of experience studying markets, investing, and trading futures and stocks. I have made and lost money during my investing career, and those successes and losses have taught me about timing markets, risk management, government created inflation, and market crashes. I currently invest for the long term, and I swing trade (in a trade from one to four weeks) stocks and ETFs using both fundamental and technical analysis. I offer opinions and commentary, but not investment advice.

Years ago I did graduate work in physics (all but dissertation) so I strongly believe in analysis, objective facts, and rational decisions based on hard data. I currently live in Texas with my wife. Previously, I spent 20 years in Barrow, Alaska, the northernmost community in the United States, 330 miles north of the Arctic Circle.

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TRUE MONEY SUPPLY

Source: The Contrarian Take http://blogs.forbes.com/michaelpollaro/
austrian-money-supply/