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Sunday Humor: Alan Greenspan Fought Deflation... And Deflation Won
Unlike stocks, which see rising prices met with apparently rising demand, it appears the natural laws of supply and (lack of) demand have come to weigh on Alan Greenspan's latest un-mea-culpa. As we noted previously, even at a steeply deflationary 40% off, The Map and The Territory seems 'expensive' and for once, the maestro is unable to blow a bubble in this particular "asset's" value.
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I wouldn't even use it as TP.
they killed trees to print that shit.
Its tainted now. A biohazard.
Just a mummified scumbag married to a mummified scumbag
http://www.planbeconomics.com/2013/12/bob-hoye-collapse-of-central-banki...
That's a thick volume to say "I never had a clue about virtually anything and never will..."
He got an upgrade at some point. Of course, friend told me that if you haven't done the upgrade by the time you're 40, forget it. Of course, if he married her when he was 40, should would have still been in pampers. Either that or being Fed chairman really ages you.
If he writes like he talks..not interested
just wait till his ponzi stock market discounts 40% and then another 40% after that...all (pre) engineered by his collegues of course...
depending on the list price it may actually be economical as TP, ironically thanks to no one more than Alan Greenspan himself
Especially if shipped to Venezuela
Pages are really rough. Not just the writing, either.
don't worry. copies of this work will make the acceptable collateral list soon enough. you should buy now to avoid getting taken advantage of later.
What % of Americans don't know who he is? 90%?
99%.....there fixed it for ya.
the publisher should claw back the advance
Do you really believe that publishing this book was a business decision?
Hey, they're wasting a lot of ink printing worthless fiat, why not waste a little more printing his worthless book?
Unfit for a bird cage.
Greenspan is a bad person.
....and probably the ugliest person in the world.
can't even use as toilet paper ... worthless ...
...sure it has value (???)
British thermal unit
http://en.wikipedia.org/wiki/British_thermal_unit
Alan Greenspan Net Worth
It's good to be in the club.
A rather paltry sum for an insider. He must have followed his own advice.
Rothschild flunkys are worth less than they let on.
He thinks he is in the club. The real Club starts when you can buy a Senator and goes up from there.
The Robertsons of Duck Dynasty are worth far more. Each of the Robertson family has a share, with Phil Robertson at $15 million, Willie with $20 million, uncle Si at $5 million, and on and on.
It's not forcasting to predict fire after setting the blaze.
"My Life as an Alchemist Turning Lead into Rust"
Yawn.
Mr. Greenspan,
Here is the Real Dow from 1924 to now, including your 12/1996 warning.
http://www.showrealhist.com/3warnsRD.html
This red trace includes much action, subsequently reversed. Please annotate this red trace, LOUDLY.
40% off! haha
Who the f*ck buys paper books anymore? Inflation/op costs etc etc etc. Dead as dead you burnt out old relic.
I do. I prefer them for a number of different reasons, but mainly because I can hold them in my hand, and know that the contents of them won't change (sort of like barbarous relics).
I've taken several 40% haircuts over the years thanks to this asshole.........
40% off, America. Is that a bargain? (foreshadow forecast?)
No, no. Not a forecast. 40% off was the debt overhang in 2008.
On Amazon, this garbage in hardcover is marked down to $18 from $36.
That's not the price. That's how much they are willing to pay you to read it.
I thought the Fed would buy up all the copies and give them to schools for their special education classes to honor their former Dear Leader.
Is there a twist ending where we all wake up and it was just a bad dream?
This book will join Mein Kampf on future historian's bookshelves - in the 'destroyer of nations' section...
Ironic you say that because Hitler's economic policies transformed Germany and got rid of the international central banker clique.
The Maestro has lost his touch regarding Personal Credibility/Integrity.
Dec 1996 He warns of Irrational Exuberance. Pretty clear, but early.
2013 he says "we din't see nutthin comin'
I forget his quotes about the housing bubble, perhaps other members remember a few?
You have to wonder if the publisher will print more copies of this book to make up for the 40% discount.
That will probably be the strategy for Bernanke's book. And who knows, maybe Yellen will introduce negative fees at libraries for her book.
In any case, for those that have their education paid for by the government they're all required reading.
Title's all wrong. American's like sex, if he retitles it "How to Screw Over The American People" then he has a best seller. Of course he'd have to add new content...and tell the truth... nevermind.
File in bargain bin/ suitable for lighting fires pile next to Hank Paulson's memoirs. Height of arrogance to think anyone is remotely interested in what these two criminals have to say about anything.
Not into fiction.
Exactly William. This looks like quite the garage sale junker table specimen although I don't know that I would even give it that much credit because the title is all fucked up. It should be entitled, The Map To Douchebaggery: Theft, Lies, Planned Economic Failure And How I Profited From It All At Your Expense.
It looks heavy enough to make a wonderful doorstopper. Doorstoppers stocking stuffers.
I have a wobbly antique water closet I might be able to shim up with that thing.
Don't take my down vote personally, William. I'm just mad because I can't embed images in my comments. And I know html and stuff.
"and for once, the maestro is unable to blow a bubble in this particular "asset's" value"
There will be a short covering rally fueled by QE monies to get this hardback into the black. Expect a sell out of this printing. Maybe even a Pullitzer, or Nobel award in the makings here.
Greenspan and Bernanke's effort to inflate also meet the government's ability to destroy and economy and deflate.
The common element on both sides of that equation is the fallacious belief in the abilities of the genius central planners.
I'd like to see Andrew Jackson emerge from a time machine and beat the shiiiiit out of Goonspan and Benny with a big stick. Saaawheet
It might have done better if Bernie Madoff had written the forward.
Ok, so Greensapn is worth $10MM ? He was paid 180k / yr from 1987 to 2006. In 7 years he made $9MM ?
Did you think he was unemployed before taking office at the Fed? LOL
I have it. It scores much higher on the arse wiping scale than conventional toilet paper.
Greenspan has not alternative but to rewrite history. Ten years from now, the author will be Ben Bernanke and he'll have his own spin.
Criminals should not be allowed to profit from their crimes by writing books, making movies, etc.
The entire concept behind the book was "buying time and selling distance" as we move from two-dimensional models to triple entry accounting. With Ricardian contracts such as Bitcoin where the receipt is the transaction and the map IS the territory Greenspan gets off scott free following the planned demolition because of the paradigm shift.
http://tradewithdave.com/?p=18986
<-- The Map And The Territory - Alan Greenspan
<-- How An Econony Grows And Why It Crashes (2013 Edition) - Peter And Andrew Schiff
Horrible reviews on Amazon. A great title from one of them:
Alan has learned, since 2008, nothing and spends 400 pages proving it
Seems the only people who still foolishly listen to these clowns are those in charge... because it tells them what they want to hear - you can borrow your way to prosperity.
I wish the animated corpse of the malevolent bastard who used to be Alan Greenspan had more appropriately named his book "Capitalism, the Unknown Ideal, Part II, Or, How I Learned to Stop Worrying About and Love Statism".