Silicon Investor (SI) -- The First Internet Community

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 : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Tadsamillionaire who wrote (1002)	9/16/2007 2:04:55 PM
From: RockyBalboa	Read Replies (2) \| Respond to of 71412

Greenspan avoided to directly address the quagmire: -One cannot save in distrought times. Now it is not the time to cut back on negative taxes, otherwise this will definitely contribute to the coming recession. -The only other choice is a stagflation experiment which you roughly pointed out. Low rates in order to keep the music playing because...the economy needs a much higher monetary base. The other shalleth pay (be it other countries or future generations). He essentially said that the unparalleled deficit spending occured earlier in the 2000s based on flawed assumptions. And that this spending probably occured to buy into a questionably presidency.