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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Elroy Jetson who wrote (26041)12/16/2004 7:18:23 AM
From: Mike JohnstonRead Replies (2) of 306849
 
At some point the FED will be powerless. Because the dollar will not be accepted as the medium of exchange. It already is not accepted as a store of value.

So the FED will print, but it will amount to nothing, the freshly printed paper will be worthless.
By definition, something that is free (helicopter money, liquidity, home loan at 2%), must be worthless.
The FED cannot print gold, oil, euro or chinese renminbi.
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