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Mike Shedlock

Mike Shedlock

Mike Shedlock is a registered investment advisor representative for Sitka Pacific Capital Management.

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4 Comments So Far
Ken5061 Wrote: Feb 22, 2013 12:28 PM
You need to make the charts larger and clearer. I cannot read them and it is hard to make sense of a difficult subject otherwise. I knew the government, when it is in debt, gains from inflation and has always used inflation to reduce debt. Reagan tied taxes to inflation so we do not get reamed, also a favorite trick of the bad guys. But I still have no idea why the wealthy would benefit from inflation. Banks yes, they are borrowing money for free, always good. (for them) thanks Democrats.
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agitator Wrote: Feb 22, 2013 9:19 AM
Was there

ever

any doubt?
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Pistol Wrote: Feb 21, 2013 5:15 PM
Gee Mish, you must be reading my posts. Every week or so I remark that the bigger and farther away from Joe Sixpack Gov't gets, the less influence he has. The super rich, the connected, and the politicians make out great. I've been hoping for 20 years or so that all those unregistered non-voting blue collars will wake up and realize they are getting ska-rewed big time. All we have to do is vote the rascals out, and the newbies will do right. If they don't, fire them until we get a gov't that represents the good guys again.
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sashamanda Wrote: Feb 21, 2013 10:16 AM
The charts are stunning. The on-going reverse Robin Hood "theft" by the FED is apparently supported by both political parties. The GOP serves up crony capitalism without a safety net, and the Dems promise crony capitalism with a net. Given the choice, it shouldn't be surprising that the non-wealthy choose the latter.
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