2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 368.29

+0.6%

Nov 7 4:00 PM EST

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Lee Lichterman III

To: sense who wrote (156808)	4/20/2020 6:15:58 PM
From: Maurice Winn	1 Recommendation Read Replies (1) of 217588

That was an understandable mistake in falsifying Financial Relativity Theory. Except... the dollar is higher today against... all the other currencies. All other currencies work on the same pixelation processes as US$. So they are also going hand over fist on dilution, borrow and hope. NZ$ for example is being shredded with politician promises to tax and print and borrow to kingdom come. The currency against which you should test your theory is gold. Gold went from $35 an ounce to $600 in 1980 to $300 in Y2K to $1987 in 2010 to $1000 and now back to nearly $2000. You say deflation but house prices in New Zealand and elsewhere have done similar from $20,000 in 1975 to $45000 in 1979 to $90000 in 2003 to $200000 in y2k to $700000 today for the same house. There's no deflation. Made in China kept prices low to lower thanks to hordes working for very low pay. The fantastically amazing technological revolution also enabled vastly lower prices such as for computers and things computers do. Economies of scale hugely cut prices too as one software developer now can supply a billion users whereas 40 years ago he did not have even one customer. A chip producer for cellphones had thousands of customers 30 years ago but now has a billion. The design and production costs per unit are vastly reduced. That's not deflation. But money printers love it because it gives them cover for their evil dilution and kleptocratic theft. Governments can't save businesses that don't have customers. Communism us always tempting because most people love opm and slaves. But communism still doesn't work. There's no magic and Magic Money Tree theory will, as always, lead to despair and death writ large. But hope springs eternal and young gullible people provide new cannon fodder. This time it might be different and free money will be just awesome. Tax the wealth (which was taxed during its creation), distribute to the unproductive, from each according to his ability, to each according to her needs. Central planning rides again. Mqurice

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