Morry Markovitz's Comments

Morry,

Thanks very much for your comment on the piece titled "Taking a Look at the Fed's Latest Round of Quantitative Easing."  Sorry for the delay in my response.

You raise a very interesting point, and by your logic I would agree that normal metrics for measuring various components of what was our traditional economic infrastructure may no longer allow us to extrapolate reliable conclusions given the unconventional developments currently present in the broader marketplace.  Considering the LDP victory in Japan and the seemingly imminent "unlimited easing" as espoused by Shinzo Abe it seems that it is not just the US economy, but the global economy that will ultimately find itself subjected to abnormal circumstances for which the "digestion" framework is ill-equipped to process.  Taking for granted this dynamic, and your statements regarding consumers' resistance to abnormal price changes, it seems likely that we can eventually expect a tiered economic cycle with deflation preeminent in the products/services with relatively elastic demand while consumer staples like food, energy, etc. experience fairly dramatic price rises.  This of course assumes that suppliers will eventually raise prices once they realize rising input costs are not a transient anomaly and that consumers resist rising prices on those nonessential goods/services.  

Or do you perhaps expect to see deflation across-the-board until the full scope of monetary dilution has been effectively "digested" at which point we experience a 180 degree turn from deflation to inflation?

Alex

acanahuate@owingsmetals.com 

Morry, is it possible.....possible....for a state to get on a precious metal standard and still conduct business with all the rest of the states who are not?  I believe some time ago, that Utah tried that, but not sure if it was only asymbolic gesture or the real deal.  You may contact me, if you prefer, at foodservice@windstream.net.

I was in the Navy with a young intellectual named Morry Moskovitch in Hawaii in 1967. Maybe family ?  He was from Penn, I think.

Jerry

Hello Morris;

Thank you for your friendship and your connection sir.

Best Regards; John Wayne

 Mr. Markovitz:

I have just finished reading your 'Reply to Mr. Nunn'.

May I have your permission to copy it for my future re-reading and formost for passing on to friends and anyone I can get to read it?

Thank You,

George Proctor; georgeproctor@gvproctor.com 

Click on this link:

http://www.teapartynation.com/group/constitutionstudygroup/forum/topics/1-for-new-members-others

Hi, Morris,

Go to The Constitution Study Group.  At the top of the page of the left side is "The Discussion Forum".  4 or 5 discussions are listed.  At the bottom right of that list it says "View all".  Click on that, and you will see that there are only 49 (or 59) discussions listed.  And yes!  Those do all pertain to the Constitution.