Comments on: Will Central Banks Stop the Dollar’s Slide? http://www.fundmasteryblog.com/2008/03/13/will-central-banks-stop-the-dollars-slide/ Mutual Funds, Investing, Retirement, Economy, Personal Finance Thu, 20 Nov 2008 17:51:08 +0000 http://wordpress.org/?v=2.3.1 By: Brad S http://www.fundmasteryblog.com/2008/03/13/will-central-banks-stop-the-dollars-slide/#comment-606 Brad S Fri, 14 Mar 2008 21:59:55 +0000 http://www.fundmasteryblog.com/2008/03/13/will-central-banks-stop-the-dollars-slide/#comment-606 Kurt, from Wikipedia's entry on Bruce Feiler: He is credited with formulating the Feiler Faster Thesis: the increasing pace of society and journalists' ability to report it is matched by the public's desire for more information. It mainly involves how journalism wraps its brain around the Information Age, but's it's self-evident that the rest of society is forming around this. Kurt, from Wikipedia’s entry on Bruce Feiler:

He is credited with formulating the Feiler Faster Thesis: the increasing pace of society and journalists’ ability to report it is matched by the public’s desire for more information.

It mainly involves how journalism wraps its brain around the Information Age, but’s it’s self-evident that the rest of society is forming around this.

]]> By: Kurt Brouwer http://www.fundmasteryblog.com/2008/03/13/will-central-banks-stop-the-dollars-slide/#comment-605 Kurt Brouwer Fri, 14 Mar 2008 17:27:28 +0000 http://www.fundmasteryblog.com/2008/03/13/will-central-banks-stop-the-dollars-slide/#comment-605 Brad--Your point is certainly correct in that events and information flow much more quickly these days. No doubt, the Internet has much to do with that. I did not think of this effect in terms of compressing decades of events into nine months though. I'll have to give it some thought, but you may be on to something. Also, I imagine you're a reader of Mickey Kaus. Isn't the Feiler Faster Theory, his idea originally? Brad–Your point is certainly correct in that events and information flow much more quickly these days. No doubt, the Internet has much to do with that. I did not think of this effect in terms of compressing decades of events into nine months though. I’ll have to give it some thought, but you may be on to something. Also, I imagine you’re a reader of Mickey Kaus. Isn’t the Feiler Faster Theory, his idea originally?

]]> By: Brad S http://www.fundmasteryblog.com/2008/03/13/will-central-banks-stop-the-dollars-slide/#comment-604 Brad S Fri, 14 Mar 2008 17:05:09 +0000 http://www.fundmasteryblog.com/2008/03/13/will-central-banks-stop-the-dollars-slide/#comment-604 Kurt, so far since June 2007, we've had events in the financial markets that make it seem as though we're living the whole financial timeframe from the Great Depression, to '70s shortages/stagflation, to Junk Bond debacles, to S&L Bailouts, to LTCM, to the dot.com bubble burst ALL IN THE SPACE OF ABOUT 9 MONTHS. Yet there's probably a better than 50% chance this will all conclude by the end of the year with minimal recessionary damage (Yes, I'm expecting flatline-negative GDP growth this first half). Is what we're seeing here partially a consequence of the Information Age, in which problems occur and solutions in the financial/credit markets get implemented at neural speed. Could the "Feiler Faster" theory really be running amok here? Kurt, so far since June 2007, we’ve had events in the financial markets that make it seem as though we’re living the whole financial timeframe from the Great Depression, to ’70s shortages/stagflation, to Junk Bond debacles, to S&L Bailouts, to LTCM, to the dot.com bubble burst ALL IN THE SPACE OF ABOUT 9 MONTHS. Yet there’s probably a better than 50% chance this will all conclude by the end of the year with minimal recessionary damage (Yes, I’m expecting flatline-negative GDP growth this first half).

Is what we’re seeing here partially a consequence of the Information Age, in which problems occur and solutions in the financial/credit markets get implemented at neural speed. Could the “Feiler Faster” theory really be running amok here?

]]>