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 : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (34003)7/21/2005 10:33:51 PM
From: BovineMarket  Respond to of 116555
 
So people lose jobs, real estate prices drop. Same stuff happened in 1980, yet inflation was very high......now the inflation numbers are statistically managed. Currency inflation results in inflationary pressures. USD is still the reserve currency of the world and the decline is not going to be overnight........2007 is my target when the USD breaks 80ish.

Isn't there an unknown group buying bonds from the FED in the Cayman islands?? The FED will monetize their bonds, debt, etc. etc. No gold backed standard allows that.

Understand that and then you will understand why you are wrong.