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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (107277)	2/29/2008 11:58:02 AM
From: The Wharf	Read Replies (2) \| Respond to of 306849

Oh, and btw, since gold was price-fixed to match a specific quantity of currency under a gold standard, it's could probably be called one of the ultimate socialist monetary policies. >> I will ask why this to you is socialistic? Russia had a problem of too much currency and no value of the currency Currency out of control by means of form fill adds to out of control debt that eventually ends up as devaluation of dollar buying powers that could at some point become BK of a nation. We live in a computer age. Entries are all numerical currency is produced to fill the form that states this amount is needed. Fed does send out a group of auditors to check just how this currency will be used. It assumes that has already be done. This is a self governing net work that relies on public information that is verbal in some cases . Just look at surveys of employment other than increases of pay roll which can be numerically certified. You could not have the situation we have today if you had solid backed currency. How can you fill at will when you can take an inventory count. You cannot create what asset count states isn't there. GDP changes GDP is not adjusted for debt it is products varied count base regardless of debt base tied to the cost of counted product. The tally can be infinite until debt is so vast it destroys all value.. You cannot have non valid inflation if you have a solid backed currency. You cannot have decreased value of currency due to inefficient operations of banks/loan brokers. Bankers could risk the entire structure they own but that would not harm the value of currency as gov treasures your labor trade unit. Banks could operate in whatever type of money unit they choose but US people are paid in US asset guarded currency unit. That is to me about as free as you can get. My question is why aren't the people of the US entitled to national guard of their currency? US currency is the unit that represents the labor value of US people. To me not maintaining the value of a currency in a globally operational world is about as unfair as you can get to people of any nation. You cannot have wage inflation if you do not have excess currency to inflate wages with. Proof is recent boubles housing that bouble cause wage demands to increase. It hard enough to deal with valid inflation caused by lack of supply never mind form fill. So to me form fill is about as socialistic as it gets. So are interest rates as there is utterly no way for the economy to contract and set forth of a solid path but continue with PE ratio values not only in corp but gov requirement of debt service that forces inflation. This type of inflation becomes limited buying power of currency. Again proof is what happened in housing. Tech moves on to create lower costs products while inflation is the result of form filled currency increased debt that on temp base led to profit return for the credit sytem but what is the return for people US other than dilution of their dollar value? This is a global trade world. How long can we continue where by the very disrespect we have for currency of our system is now the cause of the problems we have. To me currency creation can create inflation, combine that with interest rates to induce stimulation or contraction is about as national socialistic as it gets. That nationalistic type of socialism is not benefitting working people or we would not have to resort to importing to offset the numerical inflation/decreased buying power of our dollars. US dollar is starting to look like a stock market stock and that is not what it is. US dollar is the trade method the unit of labor value of US people. Products go down in price but currency creates inflation so much so you can't find the asset. Reasons to me are just so numerous now all i have to do is think of the word hack proof and mysterious trades.