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

To: Real Man who wrote (6763)	5/2/2008 10:26:48 AM
From: John Vosilla	Read Replies (3) \| Respond to of 71442

'2% is NOT where the rates ought to be, and 4% is NOT where our CPI is. This is gonna bite us in the butt.' For sure a currency crisis is the end game to all this. Volatility in both directions on the dollar and an acceleration of the debasement of the purchasing power in what all currencies buy is a certainty.. Will Mish ever admit he was wrong in expecting deflation to come out of the housing/credit bust? It hasn't been worth debating him in over a year. The future seems even more crystal clear today<g>

To: Real Man who wrote (6763)	5/2/2008 12:32:55 PM
From: LTK007	Read Replies (1) \| Respond to of 71442

i wrote a few weeks ago that i read an article of an economist measuring our inflation simply using the pre-Reagan formula for inflation we were then at 8.5% annualized(it would have been for beginning of this year). And since Reagan they have taken further steps to hide the real inflation from the people. The initial motive was to screw people on Social Security. Lincoln "A government of the people, by the people , for the people shall not perish from the earth" Too bad, but it has perished, at least in the vast majority of the earth, and mos def, right here in the U.S.---perished, gone, kaput.:( Max