Mad Money Machine

MMM-109: Green Acres

Mr Drucker’s inflation. Green Haze? Purple Acres? The Revolution. Gold standard. Tan ear buds. Evolution of wealth. Stuck in a Keogh? Clean out the tool crib. Portfolios.

I ENCOURAGE you to Download this show thru iTunes!

But, if you just cannot deal with that then go ahead and
Play the new show right now

MMM-109: Green Acres [ 35:58 ] Play Now | Play in Popup | Download

The Mad Money Machine is proud to be
sponsored by Index Funds Advisors at ifa.com.    

Topics in this week’s show include:

• Mr. Drucker can’t believe gas is up to $0.13 a gallon.
• The President says we should drill in Anwar. Will that really lower oil prices? I think there is more to it than just supply and demand of oil. I think we should also consider the supply and demand of dollars.
• Remember, the definition of inflation is an increase in the supply of money. Rising prices are the result of inflation.
• Green Haze? Purple Acres? Jimi Hendrix is spinning.
• I spent my HD-DVD rebate. Got the books. Finished reading The Revolution: A Manifesto. It is #1 at Amazon!
• Gold standard simply means adjusting the supply of money so that its value is fixed in proportion to gold. Right now we have an interest rate standard, which moves up and down of course.
• Why can’t I buy earbuds for my iPod in tan color?
• Our Guru is Eric D. Beinhocker, the author of The Origin of Wealth: Evolution, Complexity, and the Radical Remaking of Economics. Fascinating synthesis of advanced computer science and economic thinking.
• Richard says I’ve converted him from an active investor to a passive investor. Wonders how to deal with his Keogh plan and the actively managed mutual funds in there.
• Cleaning out the Tool Crib this week. You can read Reminiscences of a Stock Operator by Edwin Lefevre for free. Covestor.com is a curious ranking of stock pickers. What we really need is a web site that ranks the winners of the roulette wheel and shares their “secrets.”
• We review some of the portfolios at Foliodex.com, specifically the Cramer *Stability* portfolio and the Hard Times portfolio as suggested by Agorafinancial.
• Dave in Canada joins Active Investors Anonymous and says check out Poker Smash for the XBOX 360. Financial Freedom means doing what you love and maybe even still making some money doing it.

Music from music.podshow.com:
Alta Plaza – XRAY DOGS
Runaway Train – Under Feather

Email me: feedback at Mad Money Machine dot com, or comment, or Call me on the Mad Money Machine voicemail line at 206-734-4763