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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 385.99+1.6%Nov 12 4:00 PM EST
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To: THE ANT who wrote (35127)5/25/2008 9:28:14 AM
From: elmatador  Read Replies (1) of 217737
 
By limiting the supply of USD its value skyrocketed. There were more people wanting them the amount of people that was printed. When that happens people get rid of goods and provide services to acquire USD. Thus material stuff loses value and USD gains.

Now I am seating here on top of a mountain enough to supply 500-years consumption (it is Vale mine in Carajas) but only Japan is buying the stuff. You seat on 850 million hectares of agricultural land and no one is buying food, and even the one you sell is blocked by tariffs.

Industry can't be financed. People don't leave the land to get into industry. They had to go farm in the Amazon jungle. There was not capital to fund anything because all the capital was being exported and flying into the USD.

We need to name streets and cities after every president since Nixon, and Greenspan and Bernanke. For they create the conditions for the printing of the USD and flooding the world with it. That created the conditions for capital to spread more evenly.

I am not saying policy makers didn’t make cagada and then sat on top of it. I am just looking to the exogenous factors. What the people who were making macroeconomic decisions there believed that macro economics is reality. Macro economics is not reality. It is just a benchmark against which you can compare reality.
At every instance you can go and do that benchmarking and come out with some questions for what you are doing. But what Brazil’s policy makers did was: Look at macroeconomics as reality and implement them. This is typical of students that read text books and go looking for real world examples of what is there. But there isn’t. The text book only give you the basics for one to benchmark against reality.

If your script is correct, we reset everything at 1974. Let’s adjust the script for 2008 as 1974 and plot the next 34 years until 2042.
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