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: Slumdog who wrote (13282)	10/22/2008 1:59:10 PM
From: TH	Read Replies (2) \| Respond to of 71455

gold is done Game over They win Gt Th

To: Slumdog who wrote (13282)	10/22/2008 2:06:01 PM
From: the navigator	Respond to of 71455

Thanks...I needed that!

To: Slumdog who wrote (13282)	10/22/2008 10:01:21 PM
From: Don Earl	5 Recommendations Respond to of 71455

Somewhere along the line, I've gotten more than a little bored with terms such as "inflation", "deflation", "expansion", "recession", "depression", etc.. I don't think any of these goofs have any idea what the words mean, and aren't sure what they mean when they say them. Things are either good or bad. Right now things are bad. For things to be good, people have to have free cash flow, as in unleveraged cash to buy things with. The US hasn't operated that way for a long time at either the personal or corporate level. The perfect bank would neither pay interest on deposits, nor make loans. It would simply be a place to safely store wealth, and would likely charge a fee for the service. That's good. The problem is most folks have a difficult time looking at large quantities of wealth, without questioning why it shouldn't be theirs instead of someone else's. That's bad. In simple terms, what is typically referred to as either "inflation" or "deflation", with the words used almost interchangably, means "theft". In essence, credit is a form of theft. One entity covets the wealth of another, and seeks through various means to acquire it for themselves. Sometimes they are honest and give it back (typically motivated by the potential of getting more later), and sometimes they just keep it. When things get really, really bad, you end up with a culture that is based on unregulated theft, where virtually everyone is in competition to steal more than is being stolen from them. In other words, what is currently being described as either inflation or deflation (depending on the source) is actually a period of escalated robbery.