#MoneyVelocity ; The Economic Recovery’s Gas Pedal

Posted: February 21, 2014 in Excess and Algorithms
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eanda logoby @anarchyroll
2/20/2014

What is money velocity? It is the speed at which the M2 money supply moves from one transaction to another.  What is the M2 money supply? It is all the liquid cash assets in the country from cash, savings accounts, mutual funds, certificate of deposits (CDs), checking deposits, or basically any kind of money stored in any kind of account, or mattress if you’re old and senile.

How can money velocity be used to gauge economic strength? Because money velocity ends up being the ratio of the size of a country’s economy to the size of the money supply. So there shouldn’t be more cash than there is gross domestic product (GDP) or less than. If there is more/less, then inflation/deflation occurs as a market correction.

I may sound very smart with the above explanation, but a recent article in Bloomberg Businessweek did all the heavy lifting for me. The article is short, quick, to the point, and keeps everything in plain language, as I try to do with this blog.

The concept of money velocity fascinated me because; I had never even heard or come across the term before, was unaware it is a relatively accurate economic indicator, and was surprised that the slower money moves the safer we are from inflation or another recession. Why is that? Hasn’t the Fed been flooding the markets with freshly printed money for over three years? They have, but people and businesses aren’t spending it, they’re saving it. Which is good for now because inflation could stop the economic recovery in its tracks.

But the money will have to start flowing sooner than later. Especially as QE gets tapered off over the next 18 months. Fading out QE and fading in inflation wouldn’t do much damage to the economy. It would be like getting autumn before winter or spring before summer, our bodies acclimate to the changing weather because of a gradual transition. This could be the case with money velocity. It was refreshing to learn that the low money velocity we are seeing now is historically normal, and has in the 60s and 80s preceded boom periods.

But those booms were just bubbles. We all must keep one eye on Wall Street to make sure that our country isn’t held hostage by a bursting bubble again. That is why they teach consumer ed in high schools folks, it’s not just to give an elective teacher a pay bump.

So now you know what money velocity and M2 money supply are. It’s used as an economic indicator because of its ratio to GDP. Lower velocity means lower prices and deflation while higher velocity means higher prices and inflation. Drop those in conversation at the cocktail lounge but not the night club, depending on how fast you want to move the cash in your wallet to keep the other parties interested…

#RoboCop Reboot Review

Posted: February 20, 2014 in Anarchy Journal Constitutional
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by @anarchyroll
2/19/2014

The 2014 reboot of the RoboCop franchise has drawn a lot of ire since it came out. Surprise surprise, science fiction fans taking entertainment more seriously than their own life’s purpose. I read so many negative reviews on Twitter and in various news publications I went to see it expecting the worst. Though it was hard to imagine that a cast of Samuel Jackson, Michael Keaton, and Gary Oldman could be in a steaming pile of shit.

It’s funny, since studying film formally I have come to be less rigid about what I deem a good or bad film as opposed to more snobby or wannabe elitist. RoboCop is not War and Peace on film, it shouldn’t be confused with Gone with the Wind. It’s a fantasy movie about a cop who becomes a half man, half robot law enforcement machine. So check the rigid criteria for modern cinema masterpiece at the door and have some fun.

I have seen the original RoboCop, probably more times than I should have. Both incarnations satirize modern culture, both attempt to have heart, both development characters, both have all you can eat buffets of gunfire. One can dislike both or prefer one over the other, but I have a hard time seeing why a person would like the 80s version and not the 2014 version.

The movie feels slightly rushed as most movies made in the last twenty years do. But there is no shortage of time spent establishing why you as an audience member should care about the plight of Detective Alex Murphy. I could have used less mushy character development, but I appreciated it being there. There was a good balance between series acting time and lets fire off a ton of bullets time. I will say that this version is less bloody/gory than in the 80s version.

There are several obvious and subtle nods to the original film. My personal favorite was one of the villains saying “I wouldn’t buy that for a dollar.” I was surprised to see Murphy’s partner Lewis go from a white woman to a black man but whatever, as a second or third tier character it wasn’t a big deal and didn’t add nor subtract anything of substance to/from the film.

I enjoyed Sam Jackson’s parody of a Fox News anchor and the satire of drone based war drum beating. Abbie Cornish is forgettable as she usually is. Gary Oldman is Gary Oldman. Michael Keaton making a rare appearance this side of 1994 plays a far less menacing villain of Omnicorp than Ronnie Cox.  I can see that being a problem for some folks. Shout out to Jay Baruchel for doing his comedic thing in a supporting role to lighten the mood.

I thought Joel Kinnaman acted his ass off for a action sci-fi film. Peter Weller left big shoes to fill as Alex Murphy. If one sees this film and doesn’t like it, Kinnaman’s acting surely won’ t be a reason why.

RoboCop is worth checking out in the theater as action movies lend themselves better to the theater experience by nature. Check it on Netflix when it makes it there if you like the original and compare the two yourself. The door is left open for sequels, and I would LOVE to see RoboCop 2 get a remake. Taking a serial killer and putting him in a bigger, better machine. I think director José Padilha could do some good work with that idea. Plus it would be hard to do worse than the RoboCop sequels and shitty SyFy channel min series’ that no one who dislikes this movie cares to remember.

#Q101 Chicago Soundcloud Radio Audition

Posted: February 17, 2014 in anarchyroll media
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AJC abbreviated

 

by anarchyroll

At the encouragement of my friend and photographer Matt I decided to partake in the open auditions Q101 was accepting for a potential DJ job. I spent a few years doing broadcasting in college and enjoyed it very much. The process of making this was a great learning experience. It humbled me quite a bit, made me aware of my procrastination habit that has extended to avoiding doing things I enjoy doing. Yowza. But I got it made and submitted on time. Whether it goes anywhere is now out of my hands. I am happy that I made something that I’m at least not ashamed of considering I had no professional equipment to work with. Click on the link below to listen to it. It’s only 2:30 so it’s not within the realm of being considered a time commitment to listen to. Making it on the other hand, well that’s a whole other story and I’ve already typed too much in this post as is, hahaha.  Cheers!

https://soundcloud.com/anthony-roll/anarchyroll-q101-soundcloud-air-check

#NSA #Whistleblower Journalists Get Their Due

Posted: February 17, 2014 in Anarchy Journal Constitutional
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by @anarchyroll
2/17/2014

Journalism made front page news today across the world as opposed to celebrity gossip and the weather. The three reporters/journalists whom Edward Snowden leaked the NSA documents to received a prestigious award today. Glenn Greenwald, Ewen MacAskill, and Laura Poitras who met with Snowden in Hong Kong in June of 2013 will all receive the George Polk Award in Journalism.

As an aspiring journalist, it is great to see great reporters get their due. They will receive this award in the heart of Manhattan, the media and financial capital of America. These three are role models for me. Greenwald is as much of a living hero for me as is possible. I hope to meet and work with them all in the future.

Being awarded and rewarded for their work rather than shunned or arrested as some in the US and UK government would like shows that what these journalists did in blowing the lid off the NSA mass surveillance program was the right thing to do. Barack Obama has been forced to take action due to the public uproar that has followed Snowden’s whistleblowing. There are measures to cut off water supply to NSA operation centers in Utah and Maryland.  The tide has shifted, much like same-sex marriage, and marijuana legalization, a cultural shift has occurred. We are witnessing history being made before our very eyes every day in America. There is a 1960s feel to the cultural upheaval going on.

I hope to cover and contribute to it beyond just this blog in the future. I thank Glenn Greenwald, Ewen MacAskill, and Laura Poitras for their fearlessness, patriotism, and journalistic integrity in taking the shadow government of the United States and United Kingdom head on. Exposing their shadow to the sanitizing light of public transparency. I am grateful to them. Keep up the good work, and take a deep breath in the knowledge you are fulfilling your purpose on this planet. You have all earned it.

No Simple Solutions in #Syria

Posted: February 17, 2014 in Anarchy Journal Constitutional
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by @anarchyroll
2/16/2014

Peace talks were held in Switzerland to try and bring an end to the conflict in Syria that has claimed the lives of 130,000 people and counting since March of 2011. The talks that took place in Geneva, reached an impasse when representatives of Bashar Al-Assad refused to entertain the idea, let alone negotiate, the concept of a transition to a new regime/government.

The victory was in the fact that peace talks took place at all. Even if they were a facade, with a body count like the one in Syria, anything that could possibly trigger a placebo effect to end the violence is welcomed at this point. With 6.5 million people turned into refugees by the conflict, any signs of light will do, even if it’s a cheap florescent.

I find the situation in Syria fascinating and disturbing. I have been following the story via The Guardian website since the body count three digits. The reason I care about the situation, read, and write about it is that it just amazes me that a conflict like this can exist in the world I live in. So many dead women, children, and civilians; executed by gunfire, bombs, and chemical weapon attacks. The first Gulf War was started for far less, not to mention the second one, and the US involvement in Libya.

I don’t think I’m better than people who don’t follow the Syria story. I don’t think people that don’t pay attention to Syria are bad people or ignorant. Syria is so far away. They don’t have nuclear weapons and we don’t trade with them, so why should we care? That’s not a sarcastic or rhetorical question. It’s something about the numbers of people.  Six figures dead, seven figures worth turned into refugees. That just…..grabs me…

So I’m going to keep reading about Syria and blogging about it. Because I care. Because I think other people should at least be aware of what is happening there. What does the fact that this is allowed to happen mean about we as humans? I don’t know, I’m not asking sarcastically like I have a superior answer or opinion. That is a question I keep coming back to. In the same world of hotel suites underwater, nightclubs carved out of ice, iPhones, and the Super Bowl a government has been killing hundreds of thousands of its civilians and turning millions more into refugees.

Something about Syria makes me stop and think. I hope it makes you think too.

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