Hello Maurice, I am writing this note to you while on the train to SomeWhere, located between ThatPlace and OverThere.
What should we post about?
What about 'What Maurice does not see, haven't a clue about, therefore do not react to, and refuses to anticipate'?
Let's keep matters simple, for easy absorption, faster processing, and thus more likely to save your financial life.
You say you are in USD cash, Q money, and New Zealand real property. You say your USD is going down relative to your NZD accounting base, your Q has stablised, and NZ real property has appreciated.
Well, here are somethings you apparently do not see:
(a) monetary inflation, the releasing of money above and beyond what the economies can usefully digest, driving short term interest rate to zero;
(b) real estate inflation, the rise of real property value driven by monetary inflation to above and beyond their income generating ability and their owners' sustainable active debt service capabilities;
(c) commodities inflation, driven by supply/demand equation and by above mentioned monetary inflation;
(d) goods deflation, caused by new and lower cost production capacity financed in part by monetary inflation, driven by some bright folks doing smart things, tapping the power of greed, feeding back through the loop to augment commodities inflation;
(e) economic stagnation in some parts, caused by relocation of production capacity to some other parts;
(f) equity devaluation, due to bubble kaboom that was fueled by debt-ly monetary inflation, as opposed to genuine profit generation;
(g) employment decimation, driven by economic stagnation, equity devaluation, creating income loss, setting off debt-ly default, and augmenting equity devaluation;
(h) inflation of certain vital services cost, such as healthcare, driven by fewer folks able to afford the services, raising the cost of such services to the remainder of customers;
... and pension blowups, government deficits ... all problems require attempts at solutions ...
... such as more costly monetary inflation and some expensive perpetual wars;0)
So, here is one possible Script trajectory:
(a) USD implodes, raising global interest rate as dictated by free market, or having interest rate kept artificially low ala Japan, causing dissolution of existing monetary scheme due to tipping point printing volume;
(b) Q goes nowhere, due to simple lack of interest by users and not so complicated absence of care by investors; and
(c) NZ real estate blows up, once folks realize that one can not gain on societal basis via housing stock inflation that can not be sold at economically sensible prices to each other.
Any how, I am just happily spending my time trying to help my friend Maurice to save himself:
(a) sell USD for physical gold, hide somewhere;
(b) exchange QCOM for NEM, FCX, HMY, and IMPUY, and hold in non-Maurice name;
(c) refinance real estate, exchange cash-out proceeds for ZIM.ax and LUM.ax, hold in non-Maurice name; and
(d) wait for total and absolute TeoTwawKi.
Chugs, Jay |
