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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (6322)4/18/2008 1:38:11 PM
From: stan_hughes  Respond to of 71475
 
The Mexican solution has always been to just drop another 3 zeros off the end every so often, no biggie -- plus it keeps people employed down at the treasury redesigning new FRNs

We should be investing in trees and wheelbarrows -- with oil going to $1 million/bbl, the Treasury will have to stick with issuing paper money because plastic will never be economical

Maybe buy some chiropractic clinics too -- everybody having to carry $50 million in currency to the Mini-Mart just to pick up a loaf of bread will take a toll, as driving there will be out of the question



To: Real Man who wrote (6322)4/18/2008 3:31:56 PM
From: dybdahl  Read Replies (1) | Respond to of 71475
 
It is very hard to lower the numeric value of wage of an employee, but if the economic situation requires lower real wages, doesn't it make sense to achieve that result in an inflation environment? If that's what is happening, then it would actually improve competitiveness of U.S. production.


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