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

To: Secret_Agent_Man who wrote (11503)	9/21/2008 10:12:53 AM
From: Real Man	Respond to of 71445

I already answered that -g- Message 24974505 The policies put in place dealing with this mess normally lead to Weimar dynamics. They have been in place since the dot-com bubble collapse, which is why the dollar is much lower now than it used to be. We should be bailing out our manufacturing base, not the derivative bubble. A bailout of the financial system will lead to more of the same - the manufacturing will completely die, while financials will start making wild bets on everything, spiking prices to infinity. Derivatives will keep growing. We'll stop producing stuff, and the foreigners will stop accepting dollars as a form of payment. The method of dealing with wild bets in commodities so far has been price control through derivatives. It will blow, as shortages will inevitably be created by such approach.