Clown-Free Zone... sorry, no clowns allowed Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Giordano Bruno who wrote (410623)	10/4/2010 3:12:53 AM
From: Jeff Jordan	Read Replies (1) of 436258

If I were Ben Bernanke and wanted to become King of the World, I would: Encourage nations all over the world to issue sovereign debt denominated in US dollars (Germany and numerous other EU nations are doing this now). I would do this even if I needed to print dollars to promise/subsidize their debt issuance (it's "free to me"). This establishes a future need by that nation to come up with dollars at the sovereign level. Print dollars to gift/loan massive amounts of dollars to nations all over the world. I want as many (public and private) institutions using dollars as possible, and more importantly, to leverage debt denominated in dollars. (This was the purpose for the AIG bailout, and continues with currency swaps and outright purchases of foreign sovereign bonds.) Print dollars to purchase real assets and securities which establishes my "fundamental value" as a holder of assets (MBS purchases, POMO, etc.) zerohedge.com ......in other words, they can pretty much do what they want and default on any of their promises when it suits the boss? .....And that no man might buy or sell, save he that had the mark, .........in god we trust?<g> LOL, You can break our hearts but, not the bank? youtube.com Revelation 13:17

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next