The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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From: gregor_us	1/1/2009 7:04:52 PM
	3 Recommendations Read Replies (9) of 71456

The board simply has to read the following post at I.V. Here are the key passages: Weimar-style Hyperinflation is not going to happen in the U.S. anytime in the near to intermediate future. The biggest difference between us and 1920's Germany is we owe everybody dollars. We can print these and hand them over. In the current environment we could probably print enough dollars to pay off all of our Treasuries. If we did this the dollar would rise, not fall. We would all of a sudden be a debt free country. I favor this action immediately. investorvillage.com My comment: I am seeing this view creep in a bit more on various boards and sites. The common link is that we either a) can never default on our debt because we can simply print up lots of dollars to pay off bondholders, b) we can never have a problem with the amount of treasury supply because all our debt is based in USD. I'm stunned by it. G

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