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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%Nov 21 4:00 PM EST

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To: TobagoJack who wrote (53508)8/13/2009 12:23:45 PM
From: elmatador  Read Replies (1) of 217944
 
USD is a good as any other. The less there is of it, the more the value of said good. The more there is of that good the less it is valued.

USD used to be scarce. Scarcity via hogging and tight control. People, businesses and countries that needed it, had to pay for the use of the USD.
The US rode the wave and gorged in the profits that position allowed.

Then something changed. The SCALE of the world out there (out of the USD microsphere OECD) got much bigger than the US and OECD. Thus US needed to keep coughing up USD like mad for the other countries (out of the USD microsphere OECD) to make use of it. As soon as it was printed, it was purchase and used elsewhere.

We already know that the US is punching above its weight, we send some messages but has not yet sank in. We are saying we need the big purchasers and holders of USD to be using their own money to gibe the USD a brake. It will take a while.
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