Bubo

The CEO of a Company calls the annual planning meeting he asks each of his VPs "What kind of year are we going to have" ? Sales "If I get the extra salesmen I am asking for we will have 10% growth" Manufacturing "If I get the new machines we can expand production 20%" HR "We have great benefits, and the new recruiters will get us the best" Finance "Just tell me what kind of year you want to have"

Thanks I missed the link on that one Attribution was there already Since we are not selling anything, I doubt if anyone would mind if we direct traffic to them or put their name out for free. My two cents.....

Pro tubes Even order harmonics Clip gently Less components touching the signal Easy to roll tubes for new sound Solid State Stable system Spec out better than tubes on bench If it works for 30 days it should run trouble free for years, if quality components and mfg Go solid state and get an equalizer, lots of old ones for sale on e-bay or one of the newer digital ones from DBX or other. Which speakers are you running and what is your budget ?

Much less flattering Volker article, laid the foundations for the now LewRockwell.com ANTI-STATE•ANTI-WAR•PRO-MARKET Paul Volcker: The Man Who Vanquished Gold By Joseph T. Salerno Mises.org December 23, 2019 ..................... Mr. Volcker certainly deserves credit for curbing the Great Inflation of the 1970s. However, he also merits a lion’s share of the blame for unleashing the Great Inflation on the US and the world economy in the first place. For it was Mr. Volcker who masterminded the program that President Nixon announced on August 15, 1971, which unilaterally suspended gold convertibility of US dollars held by foreign governments and central banks, imposed a fascist wage-price freeze on the US economy, and slapped a 10 percent surcharge on foreign imports.1 Tragically, by severing the last link between the dollar and gold, Volcker’s program scuttled the last chance of restoring a genuine gold standard. More than two years before Nixon slammed down the “gold window,” Volcker, the recently appointed undersecretary of the treasury for monetary affairs, gave an oral presentation to Nixon and his closest advisors on US balance-of-payments problems. The presentation was based on a memo that the secret “Volcker group,” initiated by Henry Kissinger, spent five months preparing. Among other things, Volcker recommended a continuation of capital controls to prop up the inflated dollar’s overvalued exchange rate and a massive appreciation or “revaluation” of the currencies of less inflationary countries such as West Germany, placing the burden of adjustment to unrestrained US inflation on these countries. Volcker then planted the time bomb that would eventually detonate and seal the fate of the gold standard. He suggested to Nixon that if these measures did not work to sustain the pseudo–gold standard of the Bretton Woods System, a run on the US gold stock could only be avoided by unilaterally repudiating the postwar US pledge to convert foreign official dollar holdings into gold. Unfortunately, the Volcker Group report summarily dismissed the alternative of raising — possibly doubling — the dollar price of gold, i.e., “devaluing the dollar,” which would have increased the value of the US gold stock and facilitated the restoration of a genuine gold standard. Only a real gold standard could have halted and reversed the slow-motion collapse that the international monetary system had been undergoing since the mid-1960s due to large and persistent US payments deficits driven by profligate dollar creation.2 Volcker, however, hated and wanted to get rid of the last vestiges of the gold standard and replace it with a fixed exchange-rate system dominated by the US fiat dollar to further enhance the power and prestige of the US in international affairs. According to Volcker, “the stability and strength of our currency was important to sustaining the broad role of the United States in the world.” Years later, Volcker revealed, “I have never been able to shake the feeling that a strong currency is generally a good thing, and that it is typically a sign of vigor and strength and competitiveness.”3 One of his biographers intimated that Volcker’s longstanding regret at having been rejected for military service during World War II because of his height was at the root of his single-minded determination to maintain “the supremacy of the American dollar as the world’s premier currency.”4 Indeed, Volcker struggled mightily to make the dollar appear strong, even while rampant money printing to finance Great Society welfare programs and the Vietnam War inexorably weakened it. But Volcker bitterly opposed raising the price of gold, because he feared that open devaluation of the inflated dollar would not only diminish the status and reputation of the US, but also reward people and countries he detested, namely, speculators in gold and gold-producing countries such as the Soviet Union and South Africa. (Degualle Punked the US ) He especially loathed and wanted to punish President Charles de Gaulle and the French for embarrassing and discrediting the US by withdrawing from NATO and exposing the weakness of the dollar by insisting on converting their dollars into gold in the face of US threats to remove military protection against the Soviet Union. (To add insult to injury, de Gaulle had sent naval ships to retrieve French gold.) .................. https://www.lewrockwell.com/2019/12/joseph-salerno/paul-volcker-the-man-who-vanquished-gold/

Paul Volcker Was Inflation’s Worst Enemy As Fed chairman, he shored up the dollar and set the stage for decades of economic growth. By John B. Taylor Dec. 9, 2019 7:26 pm ET US abandons Breton Woods Agreement .................................. US Abandons Gold Standard for Trade Soviet Style Controls on wages and prices lead to Soviet results Decoupled from Gold, it won't take long until printing solves all problems instead of tough choices, inflation by printing is a tax on savings. 20% interest rates sucked the credit out of the economy, slowing asset and wage inflation Wall street creates their own money from nothing to speculate We see this with the apparent naked shorting in the Game Stop and other shorts Works great for the insiders that get the zero bucks Interest rates rise above zero, exponential growth of debt takes over US was paying $400 Billion yr to the private owners of the FED when Trump took office, this is why he beat the FED down to zero interest rates on money they create out of thin air to buy treasuries. https://www.wsj.com/articles/paul-volcker-was-inflations-worst-enemy-11575937617

The closest I ever traveled into the inside of the gearbox in Manhattan aka Wall Street, was briefing analysts, and selling lots and lots of high speed communications equipment to every kind of company on Wall Street. When they put in new regs and sarbox etc, it changes the rules and structure. Something like 30% of all US communication infrastructure was in Manhattan at the time pre 9-11, the WTC was full of analysts and everything else market related, and lots of global trade companies, we had friends with companies located in the WTC. Since 9-11 everything is mirrored off site, multiple back up sites, lots of fiber everywhere makes Manhattan less strategic, it's being on a fiber or direct microwave link to an access node on a fiber trunk. With the lock-down nonsense, everyone is working from home and or mirror and back-up sites, Manhattan may never recover.

Article could have been written this morning Paul Volcker: Gold Was the Enemy Former Fed chairman talks about the Fed and gold By Valentin Schmid March 26, 2015 Updated: March 26, 2015 NEW YORK—Paul Volcker is a living financial legend. As a chairman of the Federal Reserve in the early ′80s, he was singlehandedly responsible for quashing stagflation by raising interest rates to an unheard of 20 percent by June 1981. What ensued was an unprecedented economic expansion and bull market in stocks, which was only seriously stopped by the Internet bust in 1999, caused by the lax monetary policy of Volcker’s successor Alan Greenspan. ........................................... Indeed, the end of Carter’s term in 1981 saw the peak of inflation at a mind-boggling 13.5 percent, but it didn’t come down soon enough get him re-elected. .................................................. “[Reagan] had all these Republican advisers who were all against the Federal Reserve and I was the only person to defend the Federal Reserve. At the end, President Reagan, to the best of my knowledge never publicly said anything bad against the Federal Reserve and our policies,” Volcker said. Volcker also argued that the Fed and the White House should keep an appropriate distance for the Fed to remain independent of politics. .................................................. Gold, the Enemy When it comes to a hot topic of today’s investment world, Mr. Volcker always had a very strong view on gold. “Gold was the enemy to me because that was a speculative vehicle while I was trying to hold the system together. [The speculators] were on the other side.” Then and now, the gold price is viewed as the inverse price of the confidence in the system. If gold is high, it usually means something is amiss. In Volcker’s time, the high inflation and budget deficits of the 70s propelled gold from a low of $35 before 1970 to a high of $668 in 1980. After Volcker got inflation under control and Reagan’s policies ushered in a period of economic growth, gold went down to a low of $260 in the early 2000s. Gold was the enemy to me. — Paul Volcker, former chairman, Federal Reserve In recent times, inflation as well as an exponential rise in private and government debt across the world, as well as different financial crises boosted gold to a high of $1,826 in 2011. Gold supporters like Ron Paul have also advocated the auditing of the Federal Reserve, because they want to know exactly how much gold lies in Fort Knox. Volcker thinks they are mistaken because it’s not the Fed who actually controls the gold. “The Treasury holds the gold, not the Federal Reserve. The Treasury issues a gold certificate to the Fed. The paper gold is on deposit at the Federal Reserve. It belongs to the United States. If you say: ‘We want an audit of the gold stock, we want to go to Fort Knox and count the gold bars.’ That was a popular idea at that time, but the Treasury never did it. For all we know the bars don’t exist,” he said with a smirk. Having raised interest rates to a higher level than any other Fed chairman, he was coy about the current Fed’s opportunity to raise rates. https://www.theepochtimes.com/paul-volcker-gold-was-the-enemy_1299447.html

Any McIntosh with 20 watts or more will drive your speakers. Just read the reviews on any model you are interested in, esp if buying used Damping greater than 20 if direct radiators, which your woofers are. Less than 20 bass will be less accurate. Mac has capacitor coupled which are lighter by 30-75 lbs, or transformer coupled which are very heavy, but old school McIntosh. xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx https://www.crutchfield.com/S-8WL6lPqxUPZ/p_958MAC6700/McIntosh-MAC6700.html McIntosh MAC6700 - Output terminals feature 3 different taps for matching the impedance of your speakers About the McIntosh MAC6700 A no-compromise stereo receiver I used to have a sniffy attitude toward receivers. To me, they were a compromise product for the kind of listener who wouldn't or couldn't be bothered with the superior sound of separate components. But as I looked into the details of the MAC6700 stereo receiver, my attitude took a serious hit. That's because McIntosh has clearly designed this beast of a receiver to deliver performance every bit as stunning as their separate amps, preamps, and tuners, only with the convenience of a single chassis. And they provided all the inputs needed for music lovers to enjoy their favorite analog and digital sources. KEEP READING Product highlights: 200 watts x 2 channels into 2, 4, or 8 ohms total harmonic distortion: 0.005% at 20-20,000 Hz frequency response: 10-100,000 Hz (+0, -3dB) signal-to-noise ratio: 95dB (line level), 84dB (phono MM) 82dB (phono MC), 113dB (power amp) wide-band damping factor: greater than 40 built-in McIntosh Digital Engine up-sampling DAC for decoding digital audio sources AM/FM tuner with 20 presets per radio band built-in High Drive headphone amplifier large power transformer with multiple filter capacitors and regulated power supply ensures stable, noise-free operation patented McIntosh output Autoformers ensure every connected speaker receives full power regardless of its impedance patented McIntosh Power Guard circuit prevents amplifier clipping to protect speakers Sentry Monitor and Thermal Protection circuits provide long amplifier operating life and protection against overheating Home Theater Pass Through mode allows receiver's amplifier to become part of a multichannel sound system fiber optic illuminated glass front panel for a beautiful appearance and long-term durability adjustable front-panel display brightness settings illuminated power meters (with illumination on/off settings) handcrafted at McIntosh's Binghamton, New York factory Inputs: USB (Type input for connection to a computer supported bit depth and sample rates: up to 32-bit/192kHz dedicated McIntosh USB audio driver required for playback on a Windows® PC (free USB driver download available from McIntosh's website) 1 optical and 1 coaxial digital audio input supported bit depth and sample rates: up to 32-bit/96kHz 1 set of balanced stereo XLR inputs 5 stereo RCA audio inputs separate RCA phono inputs for moving magnet (MM) and moving coil (MC) cartridges adjustable input impedance loading for optimum sonic performance with a range of MC cartridges (50-, 100-, 200-, 400-, and 1000-ohm settings) IR input for connecting an IR receiver Outputs: custom McIntosh gold-plated binding-post speaker connectors with 2-ohm, 4-ohm, and 8-ohm output taps to match speaker impedance full-size headphone output (20-600 ohms recommended impedance) RCA preamp out/power amp input jacks Other Info and Specs: asynchronous USB technology for reduced timing jitter and better sound bass and treble controls with tone control circuitry bypass settings for each individual input source Power Control output provides convenient turn-on/off of McIntosh source components 6 Data Ports provide remote control of connected McIntosh source components RS232-C connector for connection to a computer or other control device remote 17-1/2"W x 7-5/8"H x 22"D weight: 76 lbs. If connecting to a TV, please make sure you can select "PCM" output in your TV's audio menu. The built-in DAC cannot decode multi-channel Dolby® Digital signals. warranty: 3 years Our 60-day money-back guarantee MFR # MAC6700 What's in the box: McIntosh MAC6700 owner's manual Stereo receiver 6' AC power cord Remote control AM antenna 15' Antenna cable Owner's Manual

Houses are less affordable so is everything else they are trying to keep the all of the bubbles inflated so they keep blowing them bigger and bigger College Loan bubble is now $1.5 T Junk auto loans are approx $500B if memory serves me correctly and US just ran a $3 Trillion deficit for the year

Yes but, the price of the same house was 10-20% of what it is today Lower interest rate, higher priced house 1980s Median Home was 3x Median yearly income, since 2000 it's 6x median income Now that's what I call inflation 100%

Too late Naked Shorting By James Chen Updated Jan 28, 2021 What Is Naked Shorting Naked shorting is the illegal practice of short selling shares that have not been affirmatively determined to exist. Ordinarily, traders must borrow a stock, or determine that it can be borrowed, before they sell it short. So naked shorting refers to short pressure on a stock that may be larger than the tradable shares in the market. Despite being made illegal after the 2008–09 financial crisis, naked shorting continues to happen because of loopholes in rules and discrepancies between paper and electronic trading systems.

Had the same thought Years ago one of the bike magazines evaluated Superbikes, pro riders 8 or 10 of them Like 10 different measurement criteria, Japanese bike may have been the top 5 Last question for thr Riders: Which Bike do you want to take home? Every Rider responded Ducati F1 which finished 6th in criteria.

If you want to spend on something that sounds good suggest Francophone girlfriends I prefer the Quebec Models but was very satisfied with the ones in or from France......

Shorts may require hospitalization for severe rectal bleeding in Feb, few should survive without Bailouts. From what I read on ZH The bomb drops Feb 18-19 when everything comes due There is no limit to the losses on a short Could go N of $10 billion in losses Speculation is the puncture in the Market balloon could be enough to crash the balloon Tesla with flaming products valued at $ 2 Trillion is a good one etc All propped up with ZERP zero interest rates forcing people into the stock market for any return. All stocked up on lead, tuna, and rice waiting for the big one......

The leap is about 50-75 pounds Cap or autoformers both there to block DC from cooking your speakers Frequency sweeps would most likely show the same levels of accuracy If you want to color the sound, tubes create more even order harmonics if implemented properly brain likes even order El Paso Tube amps repair guy has or had lots of good videos, don;t know if YT censored him for some nonsense, haven't seen his post in a while. He is in El Paso

What are the specs on the speakers ? Klipsch Heritage Line, which is most of the posters on here, are highly efficient LaScala 1/100 watt is loud normal listening 1/2 watt is screaming 2 watts is unbearable I'm listening at less than 1/200 watt and it's plenty loud 20 watt amp is a lot of power for the Heritage line Less efficient speakers may need 30 watts just to start making a little noise 200 watts may be needed to produce loud volume with direct radiators vs horn loaded

Which speakers, and tube or SS Lots of threads on here discussing various amps

Was anyone on the Forum involved in RH and Game Stop ? I had never heard of RH until a few days ago. Just wondering if anyone had first hand experience with the current blow up ?

I am amazed at the dust I clean off of everything electronic in my house I use totl air filter and 3 air cleaners but still it accumulates

I had a professional singer give me his 500 CD collection a few weeks ago It will be a while before I need new content. But I will cross all Big Bros companies off of the list

https://www.decware.com/newsite/tubes.html Looks like a $1000 unit would work 2W Class A Andrew Robinson reviewed the new lascalas with Decware he is in love with you could drop him a line and see what he thinks

I have a bunch of Receivers, and integrated amps I love them all but, they don't spec out as well as the separates. You could score one of the vintage Yamaha A-1000s, A-1020 which are stellar great phono section but it's still a 40 year old unit, that has to be rebuilt $200+300-500 = 700 ? Power output: 120 watts per channel into 8Ω (stereo) Frequency response: 20Hz to 20kHz Total harmonic distortion: 0.005% Damping factor: 90 Input sensitivity: 0.16mV (MC), 2.5mV (MM), 150mV (line) Signal to noise ratio: 80dB (MC), 94dB (MM), 106dB (line) Channel separation: 70dB (MM), 65dB (line) Output: 150mV (line) Dimensions: 435 x 146 x 424.5mm Weight: 13kg Year: 1983 https://www.hifiengine.com/manual_library/yamaha/a-1000.shtml

PS LaScalas are forever Instead of buying a car cash, I purchased LaScalas in 1980 5 cars, 3 houses, bunch of girlfriends, and one wife........ all gone The LaScalas are still with me.......