Why The Fed's 0% Interest Rate Policy Hurts The Economy & Savers



Hedge Fund Manager David Einhorn explains how $200 billion per year is not being spent in the economy by savers because of the 0% interest rate policies.  Janet Yellen said yes our policies hurt savers but helps the overall economy?  I frankly think the Feds theories are incredibly flawed.  Gains in the stock market and housing are not being spent and the whole wealth effect theory only benefits a few people and not the masses.    

Hedge Fund Manager David Einhorn


The Best Eastern Conference NHL Team Would Not Qualify For The Playoffs in the Western Conference

The Western Conference NHL has clearly been beating up on the Eastern Conference in the first 22 games of the season.  

What Is The Best Bitcoin Wallet or Exchange Service?

Where is the Best Places to Buy & Trade Bit Coins?
What Wallets and Exchanges Are Certified?
How Are Merchant and Bitcoin Owners Vetted?

Bitcoin is the World's first decentralized digital monetary system and "bitcoins" are the currency units used. A decentralized system is essentially a P2P or pier to pier system versus a centrally managed system like PayPal.  The system has existed since January 3rd, 2009 and is used in every Country in the World. Bitcoins are created and controlled by advanced mathematics and cryptography, instead of by governments or banks (no government, bank, or corporation owns or controls Bitcoin). Bitcoins as a currency unit are created over time at a diminishing rate, and there will never be more than 21 million of them in existence (though they are highly divisible).

Bitcoin is different from any other payment system because:
  • It is decentralized (no group has monopoly control over it) 
  • It is not tied to US dollars or other government fiat currencies 
  • It is impossible to suffer chargebacks or frozen accounts 
  • It is (relatively) anonymous 
  • Fees are optional (you may pay to make your transactions process slightly faster)
  • Merchants can accept payments easily with hardly any fees.
Other virtual currencies do exists and are used for other services such as video games.  It will be interesting to see how this phenomenon evolves and if it will ever become commercially viable in the United States due to the enormous protection of the existing US banking laws.  China is one of the leading countries in World using and exchanging bitcoins.  The US is lagging far behind other countries in the World with adoption.  

US Governments officials and regulators will obviously be interested in stopping / regulating this for the following reasons:  
  • Cutting Off Terrorism Funding
  • Leakage of Tax Revenue 
  • Money Laundering 
  • Tax Evasion 
  • Exchange of Illegal Goods and Services
Would love to learn more about these services and would appreciate the feedback below.  Please add links and comments.  

Federal Reserve Whistleblower Says "Insiders Know Quantitative Easing Doesn't Work"

Andrew Huszar: WSJ Oped:  Confessions of a Quantitative Easer We went on a bond-buying spree that was supposed to help Main Street. Instead, it was a feast for Wall Street.  Posted at the WSJ. Mr. Huszar, a senior fellow at Rutgers Business School, is a former Morgan Stanley managing director. In 2009-10, he managed the Federal Reserve's $1.25 trillion agency mortgage-backed security purchase program.

Has the Fed Lost Control of Interest Rates & the Bond Market?

Is the 10 Year about To Breakout of This Long Term Monthly Range into the 5-6% Range?

Is the 30 Year about to Breakout of this Long Term Monthly Range to 8%?

TLT is the 30 Year Bond vs S&P 500

Google Domains & Google Apps for Business Billing is Confusing

Google Domains & Google Apps for Business Billing is Confusing

I have been using Google domains for over 2 years and gladly pay $10 per year for this domain registration service.  However, now I mysteriously got a bill from Google Apps for Business charging me $10 for a service I don't use.

I never opted into this service and had to sign up for it when I registered the domain.  Their subscription billing is completely confusing and does not tell me I am required to subscribe to Google Apps for Business to use their domain services.

Hopefully, someone from Google will find this blog post and clear up the issues I cannot find in any of their forums or technical support.