The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (50572)	3/21/2013 4:15:32 PM
From: maceng2	2 Recommendations Read Replies (1) of 71475

No, I dont use bitcoin and know little about it. I am old fashioned and prefer property and lumps of bright inert metals as a store of wealth. Its just amazing how quickly bitcoin is becoming popular in Spain and the people are distrusting Euros in the bank. I'm interested in electronic (digital) currencies and exchanges as they are the way to go. They can be linked to the total wealth available, I really doubt they should be based on a single entity such as gold though. Most countries have some sort of native wealth and they should all be considered as part of the whole. A direct link should slow down over exploitation of the worlds finite resources. The current "growth" economic models are just bollocks. Useless to even talk about if there is any inflation or QE. Its amazing to me why everyone still talks about it with such apparent sincerity. I dont know much about the bond market other than its big. $82 trillion according to wikipedia as opposed to the stock market which is about $40 trillion (same source) . I guess weird things could happen if the bond market starts collapsing. Derivatives are about $800 trillion but their notional value is supposed to be about zero. I'm sure all the computers and financial geniuses out there have it all under control. -nfw-. -lol-

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