Some of them get it -- Sullivan Before the Election

[SkyDekker 1,465]

16 hours ago, base698 said:

And?

Completeness of information

16 hours ago, base698 said:

M2 took off in March 2020 as the Fed slashed rates and started buying trillions of dollars in bonds to help support the economy as the coronavirus pandemic started, ultimately mushrooming by $6.3 trillion - a 40% increase - from its level right before the start of the crisis.

So?

What was the alternative? Most people complaining about inflation have money to pay for groceries because the government intervened.

[olofscience 480]

On 11/14/2024 at 11:50 PM, base698 said:

 

https://tenor.com/view/money-printer-go-brr-jerome-powell-cash-money-printing-money-gif-17266014

Interesting how you didn't comment on my post about Trump wanting the Fed to print money in 2019...

[Phil1111 1,149]

1 hour ago, olofscience said:

Interesting how you didn't comment on my post about Trump wanting the Fed to print money in 2019...

trump has it all figured out now. He wants to fire the FED and replace him with a MAGA lackey. One who will institute negative interest rates say .5%. He doesn't understand QE otherwise he would likely order $5-10 trillion of it. Party on.

[base698 14]

3 hours ago, olofscience said:

Interesting how you didn't comment on my post about Trump wanting the Fed to print money in 2019...

I've said numerous times that both parties and every politician has egregiously printed and spent money, including Trump.

The only politicians I know of that have paid it any lip service are Thomas Massie, Rand/Ron Paul and as of August 2024 JD Vance.

[olofscience 480]

12 hours ago, base698 said:

and as of August 2024 JD Vance.

Wait...so the man you're hoping to stop the "money printing party" and stick it to the banks, hedge funds, and VCs...is an actual VC? 

[base698 14]

3 hours ago, olofscience said:

Wait...so the man you're hoping to stop the "money printing party" and stick it to the banks, hedge funds, and VCs...is an actual VC? 

I don't want him to stick it to the VCs or hedge funds.  I want the incentive to change.  Instead of jockeying for better access to the money printer, a VC can find and fund better products.  Instead of using inflated wealth and assets to keep a company running at a loss to artificially lower prices, they have to build actual businesses.  

[kallend 2,026]

1 hour ago, base698 said:

I don't want him to stick it to the VCs or hedge funds.  I want the incentive to change.  Instead of jockeying for better access to the money printer, a VC can find and fund better products.  Instead of using inflated wealth and assets to keep a company running at a loss to artificially lower prices, they have to build actual businesses.  

You know what they say about insanity, right?

[base698 14]

19 minutes ago, kallend said:

You know what they say about insanity, right?

That there is a pool of potential elites and the current crop will gas light and make everyone insane to keep the status quo?

[billvon 2,990]

16 hours ago, base698 said:

I don't want him to stick it to the VCs or hedge funds.  I want the incentive to change.  Instead of jockeying for better access to the money printer, a VC can find and fund better products.

JD Vance certainly did!  His VC firm started a company that sells American farmland to China.  He even owns a big part of it.  Nothing like big Chinese dollars to incentivize people to literally sell out America!

[JoeWeber 2,720]

57 minutes ago, billvon said:

JD Vance certainly did!  His VC firm started a company that sells American farmland to China.  He even owns a big part of it.  Nothing like big Chinese dollars to incentivize people to literally sell out America!

What is interesting is that not one Trump supporter, especially those here just recently out of the closet, will be appalled by that fact. 

[base698 14]

6 hours ago, billvon said:

JD Vance certainly did!  His VC firm started a company that sells American farmland to China.  He even owns a big part of it.  Nothing like big Chinese dollars to incentivize people to literally sell out America!

It's REITs, not selling land.  A REIT shareholder has no title or deed to the land.  

> Vance invested money in AcreTrader, an app that sells shares of real estate investment trusts. While this process does not sell U.S. land directly to foreigners, it does allow foreigners to invest in companies that own American farmland. Vance's present level of investment in AcreTrader is unclear

https://www.snopes.com/news/2024/10/08/jd-vance-acretrader/

[olofscience 480]

23 hours ago, base698 said:

I don't want him to stick it to the VCs or hedge funds.

Sorry, I misunderstood this statement you made:

On 11/13/2024 at 2:20 PM, base698 said:

The pushback will be even worse when the VC firms, hedge funds, and banks that reside in blue states aren't getting free money to swim in.

 

23 hours ago, base698 said:

I want the incentive to change.  Instead of jockeying for better access to the money printer, a VC can find and fund better products.  Instead of using inflated wealth and assets to keep a company running at a loss to artificially lower prices, they have to build actual businesses. 

Agreed on this, but this has absolutely NOTHING to do with who's in power whether dem or republican. I can argue that the "money printing party" already stopped when the Fed hiked interest rates to 5+%, so the new administration can do nothing and keep it that way. But given Trump's history, and Vance being a VC, I think it's unlikely.

Edited November 18, 2024 by olofscience

[billvon 2,990]

5 hours ago, base698 said:

It's REITs, not selling land.

It's giving Chinese investors control over US farmland.  

No one in their right mind is going to give up those Chinese dollars!  Especially when they came from a company created by the VP, so it has the blessing (and protection of) the US Government.

[SkyDekker 1,465]

On 11/17/2024 at 4:21 AM, base698 said:

I don't want him to stick it to the VCs or hedge funds.  I want the incentive to change.  Instead of jockeying for better access to the money printer, a VC can find and fund better products.  Instead of using inflated wealth and assets to keep a company running at a loss to artificially lower prices, they have to build actual businesses.  

When you make money more expensive, risks have to come down, or rewards will have to go up. In all likelihood VC's will stop investing in most start-ups, which will decrease the innovation taking place. 

[SkyDekker 1,465]

6 hours ago, base698 said:

It's REITs, not selling land.  A REIT shareholder has no title or deed to the land. 

That is just a semantics game.

If you let an American based company own the deed, but then sell 95% of the shares in that company to Chinese investors, it is just a little disingenuous to claim the land is American owned.

Like Made in China MAGA hats......

Edited November 18, 2024 by SkyDekker

[olofscience 480]

1 hour ago, SkyDekker said:

When you make money more expensive, risks have to come down, or rewards will have to go up. In all likelihood VC's will stop investing in most start-ups, which will decrease the innovation taking place. 

When you can just put your money in a savings account and get 5%+ interest (like now) risky startups aren't very attractive.

When you make close to 0% on your money due to low interest rates (2010-2018) then startups were relatively more attractive and VCs had lots of business.

 

Yet base698 here thinks that Trump (who wants control of the Fed so he can print money) or a VC (Vance) would change that somehow.

Edited November 18, 2024 by olofscience

[SkyDekker 1,465]

7 minutes ago, olofscience said:

When you can just put your money in a savings account and get 5%+ interest (like now) risky startups aren't very attractive.

When you make close to 0% on your money due to low interest rates (2010-2018) then startups were more relatively more attractive and VCs had lots of business.

No VC capital aims for 5% returns, regardless of what the Prime Rate is doing.

[JerryBaumchen 1,362]

13 hours ago, JoeWeber said:

What is interesting is that not one Trump supporter, especially those here just recently out of the closet, will be appalled by that fact. 

Hi Joe,

This what I find interesting.  Gutless, but interesting.

Jerry Baumchen

[olofscience 480]

11 minutes ago, SkyDekker said:

No VC capital aims for 5% returns, regardless of what the Prime Rate is doing.

For individual companies they're looking for the potential to have 10x returns (i.e. 1000%) but (at least in the UK) they do expect 9 out of 10 startups to fail so they just roughly break even, so I guess they aim for slightly more than that.

The high BoE interest rates have been brutal on the startup scene here, but they were swimming in money as recently as 2020. I even know of one who managed to sweet-talk a VC into investing in 2019 when they had no prototype, and not even a real product.

[base698 14]

55 minutes ago, JerryBaumchen said:

This what I find interesting.  Gutless, but interesting

You find it gutless to come to a place and get dog piled on where you are outnumbered 20 to 1?

We must have different definitions of gutless. I leave you to your echo chamber.

Edited November 18, 2024 by base698

[base698 14]

1 hour ago, olofscience said:

Yet base698 here thinks that Trump (who wants control of the Fed so he can print money) or a VC (Vance) would change that somehow.

We've never had a politician pay it lip service.  Given the track record I'll concede it's unlikely. 

Hopeful, that Massie pick and Elon chatting up Ron Paul it's 5% likely, up from 0.01%.

Edited November 18, 2024 by base698

[JerryBaumchen 1,362]

5 minutes ago, base698 said:

You find it gutless to come to a place and get dog piled on where you are outnumbered 20 to 1?

We must have different definitions of gutless. I leave you to your echo chamber.

Hi 698,

What I find 'gutless' are those people who would not show their support for Trump until after he won on 5 Nov.

IMO it is the 'gutless' who will not stand up & be counted.

Dietrich Bonhoeffer - Wikipedia

Jerry Baumchen

Edited November 18, 2024 by JerryBaumchen

[Phil1111 1,149]

6 minutes ago, base698 said:

You find it gutless to come to a place and get dog piled on where you are outnumbered 20 to 1?

We must have different definitions of gutless. I leave you to your echo chamber.

You do have Brent, rushmc, etc.

[billvon 2,990]

27 minutes ago, Phil1111 said:

You do have Brent, rushmc, etc.

I predict most will go silent again when Trump becomes president, and his presidency is not quite the nirvana they were promised.

[base698 14]

19 minutes ago, billvon said:

I predict most will go silent again when Trump becomes president, and his presidency is not quite the nirvana they were promised.

When Elon has risen to God emperor in waiting for Barron, he will have my support from these threads.  I won't have to run from the Optimus death bots.  Good luck!