The Epic American Credit and Bond Bubble Laboratory 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.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tommaso who wrote (90719)	1/26/2008 10:50:20 PM
From: glenn_a	Read Replies (1) of 110194

Tommaso. Message 24237688 That was a very interesting post. Perhaps that which a generation most fears does impact policy response errors in the opposite direction. ((I think that the United States is engaged in an undeclared debt renunciation through currency inflation, and I expect a minimum average inflation rate of 7% compounded over the next five years, leading to a 50% rise in prices, overall, and further depreciation of the dollar against some other currencies. Some important prices may rise more, such as a doubling of grain and gasoline prices.)) Do you see any obstacles to the US continuing to debase their currency without consequences. For example, in bust in 1987, if I'm not mistaken differences in US and European interest rates, and consequent pressure on the US$, led the Fed to raise interest rates to defend the currency, and resulted in a crash in the autumn. Do you see any likelihood of a similar scenario occurring this time around? And if not, why not? TIA. glenn

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next