Here is the latest conversation I had with money manager Andrew Horowitz…. new insights for anyone who invests in anything.

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  1. Taxed Enough Already Dude says:

    When Obama said there was no fiscal cliff, he was telling the truth. Boehner and Cantor have already agreed to massive taxi hikes on the rich, plus closing loopholes, and they’ll get a few billion in spending cuts that take effect in the year 2112 or thereabouts.

    • Dallas says:

      Makes sense Boner and Cancer did this because the rich don’t use taxis

      • Taxed Enough Already Dude says:

        Its clear the Tea Party has to cleanse out these elite Republicans.

        They will gladly join the Democrat Party…as “blue dogs” and then be purged by Pelosi, the brain behind the DNC.

  2. Nate says:

    Inflation is good for consumers, it means they can pay off debt easier, but it’s bad for banks because because consumers can pay off debt sooner.

    • Jason says:

      Only if the consumer’s income increase at the same pace as the inflation. My income, sadly, does not.

    • Guyver says:

      Inflation is good for consumers, it means they can pay off debt easier, but it’s bad for banks because because consumers can pay off debt sooner.

      Depends on which consumers.

      Consumers who spend the minimum but try to save up for a nest egg will watch their savings get plundered by hyper-inflation.

      But on the flip side, consumers who have no fiscal responsibility and put themselves into perpetual high debt will be rewarded for their bad behavior.

    • Taxed Enough Already Dude says:

      Inflation is terrible for consumers and business that can’t raise prices to maintain profit margins.

      The working poor go hungry, middle class scrimps becomes poor, and except for mining, lots of business go under when they can’t pass on the rising costs.

  3. Charlie Primero says:

    You didn’t approve my comment. Since my content is not wanted, I’m dropping your feed.

  4. Uncle Patso says:

    Guyver says, in part:

    “… consumers who have no fiscal responsibility and put themselves into perpetual high debt will be rewarded for their bad behavior.”

    Governments too.