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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 383.12+0.8%Nov 26 4:00 PM EST
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To: KyrosL who wrote (49669)5/6/2009 8:15:16 AM
From: TobagoJack  Read Replies (2) of 218047
 
<<why should the US care about what a dollar buys outside the US, if it imports very little from outside the US?>>

... first we need to define very little, and then we must realize it is a lot, especially if gold goes to us$ 60k an oz, and platinum touches us$ 120k.

the usa has been exacting a tithe on the rest of the world, i.e. importing capital via fiat money inflation of us$, and borrowing for years and years, and when you cease to care about the value of your obligations, the us$, the importation of capital would come to grinding stop, resulting in ... arghhhh ... to horrible to contemplate per fiat money inflation in france, but not to worry, because we will find out the consequences, because the trajectory is dead set already.
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