SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.31+0.6%Nov 7 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sense who wrote (170167)4/4/2021 8:10:04 AM
From: stsimon  Read Replies (1) of 217631
 
The nature of the problem that leaves unaddressed... is what they'll do to fix "broken currencies" without an actual deleveraging.

The obvious answer is a devaluation... of all currencies relative to "it"... but, relative to what ?



I would argue that a simpler solution is available, the same one that was successfully used in the United States after WWII, dramatic tax increases on the rich.

The United States Federal Government has unlimited taxing ability. It will be used. IMHO.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext