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A few years ago, many conservatives thought Obama was part of a communist plot to take over our country and that we would never get rid of him. Hence, the greatest free market engine in the world was going to die.
But as Obama has turned out to be an inept bumbler instead of an effective tyrant, we now see that there will be an America left after Obama. It will be deeply in debt, but we can and will survive...and even become great again.
There is an element of this thinking in the market at present. And the market doesn't just reflect prosperity...it is discounted future performance and a very effective gauge of optimism.
Invest in junk silver, land and food and ammo.
No, that's a bubble. The reason is that the money can only be spent on consumables creating a bubble (e.g. housing), then raising demands for resources, then creating a resource bubble. Those are all unsustainable. They draw money from long term investments into short term speculation. Furthermore the Fed's printing undermines long term confidence in the dollar which also forces people into short term speculation.
The virtuous cycle kicks in when people defer consumption and choose to invest and innovate instead. The resulting new products and lower costs drive demand and the real economic growth (not "growth" faked by added inflation) increases wealth.
Real wealth creation comes from people working not from creating money out of thin air. Most of the wealth creating jobs we used to have in this country have been moved to Red China. That wealth we used to enjoy is now being created in Red China. What we create now is paper debt and hot air. A First world country can’t be sustained by debt and hot air.
Borrow and spend, you peasants, and look busy! Charles needs more money.