The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: yoremopnhoj who wrote (26214)	1/10/2010 8:10:27 AM
From: Real Man	Read Replies (2) of 71427

Yes, it's possible. Some Fed members favored that. Bennyboy is running the Fed as a democracy, so everyone has a say in the matter. That is different from Soylent Green, who was essentially a Fed "dictator". Not that the Fed can do anything about the economic mess they got us all into. Sure, they can print some more, the mess will transform, stocks will rise some more and the currency will drop, but the economy will remain crappy. If they resort to printing as a solution, they will drive us into a much bigger mess. Personally, I don't know what they will do, but I tend to agree with you, they will resort to printing. Given the budget shortfall, they will likely have no other choice. The Administration is determined and possibly ill-advised to "spend us out" of the mess. That is because our previous experience with the mess was deflation. We have not experienced hyperinflation since the Continental. -ng-

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