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Strategies & Market Trends : The Art of Investing

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Nov 14 4:00 PM EST

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To: Sun Tzu who wrote (5324)	8/30/2022 11:34:34 AM
From: Real Man	Read Replies (1) of 10599

I am USA. I had $800 billion monetary base. I now have $8trillion, half of it in the last year. Tell me why Russia and OPEC should accept diluted currency for their resources without hiking prices or demanding gold? Granted, the dilution and the price hike may not necessarily occur at the same time. I understand carry trade. So you use carry trade in which JPM piles up $50 Trillion notional euro short to move it to USD. Tell me why should German electricity fall from 70c per kWh back down to where it was before the Bernanke helicopters flew everywhere including Europe? I know QT has decreased 8 trillion to 7.8 trillion. How can this not blow up? Why should commodities fall, fundamentally? Why would they give a shit about recession. Hell, In 1923 Germany was in inflationary depression. We had a similar predicament, only we didn’t accept that the economy actually tanked. We could have 50% inflation in 2023 because we fucked up with money creation. My position is that what you see is US currency crisis in which U.S. dollar dies as the global reserve currency. Russia fixed ruble to gold. It is now flying high. China can do the same (carry traders will short the Yuan to move it to USD). It’s tremors before USD collapses. With it Wall Street will collapse, because Wall Street derivatives is why usd is up while every country on earth is selling it. It will be like breaking a peg for UK pound in the 90-s. Fast and furious. Blowing up the currency swap dealers in the process. I am afraid 70c per kw electricity is not going away in Europe. It might come to the US.

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