In a sense the derivative value we introduced in article one is replacement value BUT only based on the asset being essential. Food for example is essential (unless it spoils). Many foods can be stored for long periods of time without spoiling. These have a very high derivative value. Gasoline though not a life sustaining asset [...]

This is a special day and inspite of the economic problems we are grateful that having so much leaves us a lot of room to do with less and still be healthy and happy compared to less fortunate peoples worldwide and here in America. It's really as simple as that - the Thanksgiving day parades [...]

Authors evaluation of p/e ratio and it's significance in making investments

Yes we are all created equal. But the world has evolved into a system that depends on inequality to thrive. A system of wealth has been created to mask the transfer of the fruits of the land and labor of the masses, that convert those life sustaining items into representations of their value using money - [...]

Value equals food, shelter, and clothing. Transportation, tools, livestock, land and seeds also have value. A horse is as good as a car if you can feed yourself. In order for everyone to eat and be properly dressed and have a place to sleep - we have a system where some people grow food and others [...]

Perceived value is a balloon filled with hot air by people who believe the more hot air they have the more balloons they can sell. Investments represented by the good faith of people are hot air. The value of a certificate of paper called stock is nothing - what is worth something is the underlying assets - [...]

I'm neither a democrat nor a republican - I don't like that so many people in the world and even right here in the USA have so much less to live on then a very few people who have accumulated massive amounts of wealth - and that money is being wasted on luxuries that benefit [...]

Democracy is a form of government in which the supreme power is held completely by the people under a free electoral system. That is where it ends - once the elections are over and the special interests take charge - Those who benefit most from capitalism claim it is due to their hard work - but [...]

Paying 15% to over 21% on credit card debt is a crime against society legally perpetrated by congress and instigated by lobbyists. What justification is there for example if the prime rate is 4% - a credit card rate of 8% would theoretically generate a 100% gross profit before expenses. Who is getting the 16% between a [...]