To: ild who wrote (59891 ) 4/30/2006 1:56:26 AM From: shades Respond to of 110194 USD will crash, gold will be $10,000 and I will sell my DROOPY shares for $100 I see and you will pick up morgan fairchild on your new jet before you flee the country too right? ;) Do you get the cultural reference? Morgan Fairchild was the wife of this habitual liar on saturday night live comedy show. If the USD is going to WORHTLESSNESS and going to crash - what good will 10K of them be for your gold and 100 of them be for your droopy shares? See how brainwashed you are - even CERTAIN they are going to NOTHINGNESS you still think in terms of them - hehe. Mosler says if you want to be in currencies - better tie yourself to ones that export energy eh? US Gubbment still pays my friends not to GROW CORN - but in a pinch - do you not think the USA could become one huge ethanol behemoth? Creativity! :) We have so much good farmland we stole from the indians - anything will grow here - even you guys can benefit:science.slashdot.org Re:Of course is it.(Score:4, Insightful) by KiloByte (825081) on Wednesday January 25, @09:54PM (#14564113) We'll just turn all of south america and africa into big ethanol farms Or, we'll turn most of Russia into a big ethanol farm... oh, wait...mosler.org core cpi on the rise, 640 gold, 74 dollar jun oil, gdp above trend, fed hawks already worried about gradualism getting them behind the curve, and a religious type of belief that long term econ growth and prosperity is optimized by price stability means fed is PANICKED by what's happening. they tried managing expectations earlier this week with dovish talk and it backfired badly. now they think the markets are laughing at them and they've lost that all important (in their view of the world) credibility and must get it back. my guess is they will keep hiking and very possibly in larger increments to avoid 'the mistake of the 70's.' it's all for the long term benefit. short term econ is not the issue. and to make matters worse fed members continue blame the deficits for the slowdown. saudis will hold price hoping quantity will fall- fields overstressed, need rehab, etc. they welcome a fall in demand and won't chase prices down, but allow production to be cut. funds buying commodities add 'demand' that assists the economy as they jack up prices. when this asset shift levels off and then slows non oil commodities will fall faster than oil and the econ will weaken further. there could be a long, rounding top, but the floor under oil as saudis get hoped for prod cuts will keep cpi and core rising. the combo of weaker growth and a fed that cares more about price stability can be very adverse for equities. and the fed will resist 'easing' when equities fall with commodities rising and core rising. flat housing means even a 75% ltv mtg loses money if it goes bad. a few of these and banks tighten up no matter what the regulators allow. 'liquidity' today is 'borrowing/spending power' and when that dries up lots goes bad very quickly.