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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 451.79+1.8%Jan 22 4:00 PM EST

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Dr. Voodoo
Pogeu Mahone
SirWalterRalegh
To: carranza2 who wrote (154629)3/21/2020 8:44:14 PM
From: Maurice Winn3 Recommendations  Read Replies (1) of 219660
 
Do you think a fleet of helicopters would not devalue the $dollar?

But I don’t believe the mechanism exists to devalue the dollar.

In fact they no longer use helicopters. They can do it with a keyboard. Just choose the number of 0s to add.

Zimbabwe got up to $trillions.

Zeroes are much easier to produce than wheelbarrows of paper as in German hyperinflation.

No wonder USA ditched the gold standard when they saw what fun it is to have MMT = Magic Money Tree.

Why do you think gold went from $18 to $35 to now $1,500? That's devaluation. There is no limit and $trillions in dilution and devaluation are right now being added.

Just say no to debt jubilees. But I do advocate citizens abrogating sovereign debts as it's not them who did the borrowing.

Saddam for example borrowed megatons of roubles. When USA conquered Iraq, Russia whined about the debt but was told to get lost.

Iceland citizens said the same of bank debts. Not their responsibility. Greece should tell Euro lenders to take a hike too and go Grexit. Join England. Tell Scotland to get lost too = England Independence from Scotland.

Form a new British Empire of Federated Independent States with Tradable Citizenship. Hong Kong, Taiwan, Greece, England, Singapore, India, Poland, Hungary, whoever.

Mqurice
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