Currencies and the Global Capital Markets Message Board

STOCKTALK

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 : Currencies and the Global Capital Markets

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Investor-ex! who wrote (487)	8/28/1998 9:39:00 AM
From: Robert Douglas	Read Replies (2) of 3536

Investor ex, You wrote the following as clarification to your assertion that ALL currencies are about to decline: Synchronized global inflation can cause ALL currencies to decline simultaneously, in real terms. Would you explain your reasons behind this forecast for global inflation? In an earlier post you wrote: ALL currencies, including the euro, will fall because they're backed with a mountain of debt and dependent upon faltering debt-laden economies increasingly unable to service that debt. Much of this debt will be repudiated, causing further damage to the bag holders. Massive debt defaults generally result in deflation and not inflation as businesses fold and workers are laid off. Indeed many economists (not this one mind you) have been warning about possible deflation that will result from the Asian crisis. Are you predicting inflation and depression simultaneously? If so which is the causal force and what will be the factors precipitating this chain of events? -Robert

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next