有一說:非常沒有錢的男人怎麽可能有氣質?記得中國曆史上有一文學家劉禹錫寫過一篇《陋室銘》：山不在高，有仙則名。水不在深，有龍則靈。斯是陋室，惟吾德馨。苔痕上皆綠
，草色入簾青。談笑有鴻儒，往來無白丁。可以調素琴，閱金經。無絲竹之亂耳，無
案牘之勞形。南陽諸葛廬，西蜀子雲亭。孔子雲：「何陋之有？」氣質和財富，沒有必然的關係。氣質一定[閱讀全文]
天下縱橫
隨筆而已。不必當真。
博文
(2009-12-23 10:21:37)
(2009-12-22 20:50:25)
(天下無馬)
Modernbankingsystemisafractionalreservesystem.Thatforeveryone-dollardeposit,bankswilllendout9dollars.Yousee,debts(orloans)arethemoneytobankers.Oncetheyreceiveone-dollardeposit.Theycanturnaroundtoborrow9dollarfromprimarybankatlowerinterestratethenlendoutathigherinterestratetomakeafewbucksinratedifferences.Therefore,loansaremoneytothebankers.Theywanttolendasmuchasbankingreserveguideli...[閱讀全文]
Modernbankingsystemisafractionalreservesystem.Thatforeveryone-dollardeposit,bankswilllendout9dollars.Yousee,debts(orloans)arethemoneytobankers.Oncetheyreceiveone-dollardeposit.Theycanturnaroundtoborrow9dollarfromprimarybankatlowerinterestratethenlendoutathigherinterestratetomakeafewbucksinratedifferences.Therefore,loansaremoneytothebankers.Theywanttolendasmuchasbankingreserveguideli...[閱讀全文]
(2009-12-21 08:04:33)
(天下無馬)
Some“guru”inWXCpromotedanotionthatbecauseUSDisareservecurruncy,becauseUSDhasalargepercentageinEuroDollarcirculation,thatUScanprintatitswishtocauseinflationinothercoutrywithoutsameoccursintheUS.
Boy,whatalittlemindthatdoesnotevenunderstandhowfinancialworldworks.Theassumptionofthatconclusionisthatothercountriesaredumb,thatothergovernmentsareincapable.Well,he(she)nevertravelledto...[閱讀全文]
Some“guru”inWXCpromotedanotionthatbecauseUSDisareservecurruncy,becauseUSDhasalargepercentageinEuroDollarcirculation,thatUScanprintatitswishtocauseinflationinothercoutrywithoutsameoccursintheUS.
Boy,whatalittlemindthatdoesnotevenunderstandhowfinancialworldworks.Theassumptionofthatconclusionisthatothercountriesaredumb,thatothergovernmentsareincapable.Well,he(she)nevertravelledto...[閱讀全文]
(2009-10-04 19:29:36)
TheLegoEconomyofAmericaandhowtofixit
Itisnosecretthatoureconomyisindeepwater,despiteWallStreetJournalandBernanke’sclaimingoftherecovery.Californiaisacondensedversionofstates.Withstateisonbrinkofbankruptcy,itpaysgovernmentworkersIOUsinsteadofcash.ComparingthedebtsanddeficitsofCaliforniawiththeUS,onehastowonderwhatisnextforthecountry!
Oureconomy,ifnotinterferedbymonetarypolicy,isjustaregula...[閱讀全文]
Itisnosecretthatoureconomyisindeepwater,despiteWallStreetJournalandBernanke’sclaimingoftherecovery.Californiaisacondensedversionofstates.Withstateisonbrinkofbankruptcy,itpaysgovernmentworkersIOUsinsteadofcash.ComparingthedebtsanddeficitsofCaliforniawiththeUS,onehastowonderwhatisnextforthecountry!
Oureconomy,ifnotinterferedbymonetarypolicy,isjustaregula...[閱讀全文]
(2009-09-25 20:13:01)
Therearemanypeoplethinktheyarethegurusofinvestment,butarethey,thatincludesme.
Theylovetotalkaboutinvesting.Butwhatis"investing"?
InvestingintheFEDarchitectedboomandbustcyclehasdifferentmeaning.Oneisspeculating;theotherisleveraging.
BeinginWXCsomanyyears,Iobservedthatmostpeopleareinoneofthesetwocategories.
Investinginessenceshallreallymeansavings.Yousavetheextraandhopetoaccumulateen...[閱讀全文]
Theylovetotalkaboutinvesting.Butwhatis"investing"?
InvestingintheFEDarchitectedboomandbustcyclehasdifferentmeaning.Oneisspeculating;theotherisleveraging.
BeinginWXCsomanyyears,Iobservedthatmostpeopleareinoneofthesetwocategories.
Investinginessenceshallreallymeansavings.Yousavetheextraandhopetoaccumulateen...[閱讀全文]
(2009-09-15 15:46:12)
ItisdeclaredbyBenBernankeyesterdaythat“recessionisover”.Wow,whataclaim,whataninjectionofconfidences.Weshallparty,weshallhavetoast,weshallstartspending,andmoreimportantly,weshallstartborrowing!!
Yousee,debtsaremoneytobankers.Iftheyprintmoneyandyoudon’tborrow,wheretheirprofitswillbeonyourinterestpayments?Themilliondollar(thatisnotmuchmoneythosedaysandwillbemuchlessdowntheroad)questionis:Where...[閱讀全文]
Yousee,debtsaremoneytobankers.Iftheyprintmoneyandyoudon’tborrow,wheretheirprofitswillbeonyourinterestpayments?Themilliondollar(thatisnotmuchmoneythosedaysandwillbemuchlessdowntheroad)questionis:Where...[閱讀全文]
(2009-08-03 19:46:35)
Stockmarkettraditionallyisaplaceforcompaniestoborrowmoneybysellingitsshares.Thefunctionofstockmarkethaslongexpandedbeyondthatbasicfunctions.
Itistoutedasaplaceto"invest".
Itistoutedasa"wealthpot".
Whatitreallyis?
Stockmarketinprincipleisarepresentationofeconomyatlarge.Butitisgraduallosingwhatitisoriginallyintendedfor.Today,inFEDeye,itisabuffertoabsorbtheliquidit...[閱讀全文]
Itistoutedasaplaceto"invest".
Itistoutedasa"wealthpot".
Whatitreallyis?
Stockmarketinprincipleisarepresentationofeconomyatlarge.Butitisgraduallosingwhatitisoriginallyintendedfor.Today,inFEDeye,itisabuffertoabsorbtheliquidit...[閱讀全文]
(2009-07-16 17:18:36)
論人民幣之前景天下無馬在全球貨幣同步貶值下,人民幣之前景如何,是一有意思的命題。貨幣的興亡，是一國的興亡。曆史證明了這一點：強國無弱幣，弱幣非強國。如當政者連這也不懂，國家的遠景就堪憂了。當人民幣和美元的匯率掛鉤，人民幣就成了美元的附屬貨幣。美元的操縱就必然導致人民幣的興亡。哥倫比亞的教授蒙代爾曾經指出：在國家的貨幣自主權，物價穩定和[閱讀全文]
(2009-05-13 20:09:45)
CanfoodshortagehappeninAmerica?Thissoundslikeanabsurdquestion.Withsomucharableland,itwouldneverhappenintheUS.Thetruthis,itmayverywellhappeninAmerica.Inreallife,shortagemaynotalwayshappenduetogreaterdemand.Thefundamentalforagricultureproductsareverysound.Thereisworldwidepopulationgrowthwhilearablelandhasnotbeengrowinsync.ByMathusiantheory,therearethreeeffectivewaytocontrolthepopulation:War,Deceasea...[閱讀全文]
(2009-04-30 20:27:48)
Ihaverecentlythoughtaboutit:whyafewofusarebearishwhileallothersarebulls?
Lookingback,Ireflectedthatbearsarethosewelleducated.Mostofusspendsignificanttimetounderstandthehistoryandfinancialsystemalongwithmonetarypolicies.
Oneamazingrecollection,thebearsarethose"haves"insteadof"havenots".Bearsareconsistantlyexamthestrategies.Insteadofspeculatingforquickreturn,bearsaremoreconcernedwithpreservi...[閱讀全文]
Lookingback,Ireflectedthatbearsarethosewelleducated.Mostofusspendsignificanttimetounderstandthehistoryandfinancialsystemalongwithmonetarypolicies.
Oneamazingrecollection,thebearsarethose"haves"insteadof"havenots".Bearsareconsistantlyexamthestrategies.Insteadofspeculatingforquickreturn,bearsaremoreconcernedwithpreservi...[閱讀全文]
