Re: Does Japan's $93 trillion monetary base include their Postal Savings Accounts?

"James Powell" <[EMAIL PROTECTED]> wrote in message
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> "Christian Party" <[EMAIL PROTECTED]> wrote in message
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> > "James Powell" <[EMAIL PROTECTED]> wrote in message
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> > >
> > > "Christian Party" <[EMAIL PROTECTED]> wrote in message
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> > > >
> > > > "James Powell" <[EMAIL PROTECTED]> wrote in message
> > > > news:[EMAIL PROTECTED]
> > > > > "Christian Party" <[EMAIL PROTECTED]> wrote in message
> > > > > news:[EMAIL PROTECTED]
> > > > > >
> > > > > > "James Powell" <[EMAIL PROTECTED]> wrote in message
> > > > > > news:[EMAIL PROTECTED]
> > > > > > > "Christian Party" <[EMAIL PROTECTED]> wrote in message
>
> <snip>
>
> > > > ps--here's a hint.  The AVERAGE workers' household in Japan in
> December
> > > 1999
> > > > socked away another $5,000 in savings in just that one month.
> > >
> > > So? And how do you know that was not the total scraped up for the last
6
> > > months, deposited at the end of the year when it was determined to be
> > > "surplus"? I routinely 'siphon' money from my checking to my savings
> once
> > I
> > > have determined it won't be needed for immediate expenses.
> > >
> >
> >
> > That big jar of pennies you keep in the closet will break long before
you
> > get to 0.2% of what the Japanese banked that month, James.
> >
>
> You are so funny.
>
> I didn't take a bath when the market went down, probably because I am a
more
> intelligent investor than you. What is YOUR average rate of return?
>
> >
> > > > What does that tell you about this PSA report?
> > > > http://members.fortunecity.com/zz8/japan1999income.htm
> > > >
> > > >
> > >
> > > That we only have your word these numbers really exist.
> > >
> > > James Powell
> > >
> > >
> >
> > Did you follow the links?  Do you really think I made this up?  If so,
why
> > on earth would I do that?  If you want to see the original printout,
just
> > ask, but don't infer that a single figure at that url was fabricated.
If
> > you even attempt do that, I will prove you to be a liar, James.
> >
> > John Knight
> >
>
> What links? The only links are to spreadsheets on YOUR site. If you have
an
> original printout, then scan it in and make it available as a pdf. BTW -
> Since the figures are from 1999, they are no more valid than a snapshot of
> our economy in the same year for making predictions about the current
> situation.
>
> Given your history, I would infer the numbers are either (a) fabricated,
(b)
> 'massaged', or (c) misinterpreted. You have no clue what you read.
>
> James Powell
>
>


This is so typical of you, "James".  You're undoubtedly incapable of
comprehending trends, averages, or anything else related to 2 x 2.  Just for
grins, though, try to understand why a data point in 1999 which shows a
savings RATE is just as valid (or invalid) today as it was in 1909.  Try to
appreciate that you can never demonstrate that there has ever been such a
huge change in Japanese savings habits that a data point from a mere 4 years
ago could be invalidated.  You cannot do that, so this savings rate is just
as valid (or invalid) now as it will be a thousand years from now (unless
you can somehow predict that Japan's savings habits will change over that
time).  Since you cannot do that, the 1999 figure is just as valid (or
invalid) as the 1997 figure which is just as valid (or invalid) as the 2003
figure.

It's obvious that you're not a man, "James".  It's obvious that you're a
woman who "thinks" just like a woman, and that means you "think" that math
is just like a rubber yard stick which can be bent to fit your "feelings",
which it's not.  Japan's official savings rate varied between 30-34% each
and every year in the half century that we have figures available, so it's
very unlikely that the 1999 figure would be off by more than 4%.  And even
if it was, that would be an important data point to have to analyze Japan's
long term savings trends, further invalidating your absurd claim that "they
are no more valid than a snapshot of our economy".

Why don't you check out the errata at the bottom of
http://members.fortunecity.com/zz8/japanpsa.htm , apply your superior
women's intuition, and prove yourself by telling us where you think the
error is, "James".

John Knight