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21 Comments

  • JV One year ago

    Coincidentally, I was just reading an article about inflation before coming here, called “Five Stages of Counterfeiting”

    Here’s a fun quip;

    What I know is that price stability has been the fairy-tale dream of Federal Reserve chairman ever since 1938, which they promise to Congress, four times a year. They have been singing a variant of Snow White’s love song ever since its release in 1937: “Some day, price stability will come.” And Congress, doing its now-legendary imitation of Dopey, smiles contentedly.

    http://www.lewrockwell.com/north/north550.html

    • Chris LaBossiere One year ago

      Try buying a Porsche in Canada (see above link). Our humility is coming back and biting us in the ass. Hopefully the CANBUCK will start to earn the respect it deserves.

      • Howard Lindzon One year ago

        yes but tdid you like he show

        • Mr Angry One year ago

          Ah well, the greenback is about to crater big time, the Canbuck will look way better than. Here’s my trend for the last year: Got paid $500US to do some video work in November last year, it translated to about $630 Australian. Then I got $500US in January which translated to about $600AU. Then in April $500US got me about $580AU. And just this week $500US got me about $550AU. That’s a nasty trend.

          And the show was good - don’t think I’d have tried the Canbuck on a NY cabbie - they have a reputation.

          • Paul One year ago

            Fun show … I love the part where you you let out a Freudian slip about the US $ “as if it’s currency”. ;-)

            disclosure: Long Yen & Short US$

            • Scott One year ago

              Hey, Paul, you think the Yen can get back around 112?

              • Chris LaBossiere One year ago

                Howard…lovedthe show. I am starting to dig this Naked Putz thing. You have a great sarcastic and dry sense of wit.

                • Howard Lindzon One year ago

                  joe still has my $50. weasel.

                  • Kristian Hansen One year ago

                    maybe you should have tried the sterling as well. wonder if people wouldn’t accepted money worth twice as much as the us dollar.

                    • Howard Lindzon One year ago

                      This is the best putz in america according to people in seattle
                      http://seattle.mariners.mlb.com/news/article.jsp?ymd=20070719&content_id=2095883&vkey=news_sea&fext=.jsp&c_id=sea

                      • mcfly One year ago

                        Funniest episode of Wallstrip yet.

                        • Jason One year ago

                          Sounds like this naked putz thing is taking off! Great show Howard.how about trying Canadian Tire money? Guarantee few if any know the difference.

                          • Paul One year ago

                            Hi Scott … I’m no expert but if&when they start to get their act together on inching rates higher in japan, panic will set in and the carry trade will unwind. That trade includes some people leveraged at crazy ratios like 100-1 so the move could be pretty quick. I’m biased since I’m almost always a contrarian, such as about this carry trade (shhh … don’t tell Howard I said contrarian!). I guess someone has to take the other side of all these momentum bets so I’m happy to be of service. It worked for the homebuilders but clobbered me on AAPL so what do I know?

                            • Jennson One year ago

                              funniest episode. can’t believe people won’t take that and go the extra step to exchange it for USD

                              • Howard Lindzon One year ago

                                paul

                                no reason to be contrarian just to be a contraarian. Homebuilders were a great short when the trend was broken and they were down 35-40 percent already.

                                apple’s day will come just not until the mood of this market changes.

                                • Scott One year ago

                                  Paul, thanks for the info!

                                  Hey, Howard I have now seen Lindsay on 2 national commercials on tv this past week. Great to see! Congrats to Linsday!

                                  • Howard Lindzon One year ago

                                    Lindsay is awesome and you will see her on tons more. Easy to work with, no attitude and can sing.

                                    for sure Broadway major role coming.

                                    I am writing a play for her just in case.

                                    • greenskeptic One year ago

                                      The other day in a store in Philly I actually had someone look at my US$10 bill and think it was Canadian! She wouldn’t believe me that it was U.S. - “I don’t want ‘funny money,’” she said. Wish I had your video camera for that one!

                                      • BSD One year ago

                                        That sounds like the $2 Taco Bell Incident…
                                        http://www.snopes.com/business/money/tacobell.asp

                                        • Howard Lindzon One year ago

                                          you guys are classic - keep it up with the great links and stories

                                          • K Milec One year ago

                                            It’s true!!! It’s true!!!

                                            I live the dream every day. I work in Detroit, Michigan earning USD and live in Windsor, Ontario spending CAD. The current exchange rate selling USD is around USD@CAD1.03 — basically par. At least most Detroiters know what CAD look like, though they insist on a paying something like USD15 for CAD20, if they want to trade it.

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