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

To: Real Man who wrote (16002)	1/4/2009 8:17:12 AM
From: stsimon	Read Replies (1) \| Respond to of 71405

While your comparison of the Fed to the Reserve Bank of Zimbabwe is humorous, it is, of course, absurd. It is like comparing the Pope to Hitler because they were both Catholic. Do you really think the Fed will not rein in the money supply once velocity picks up? The value of a currency depends on many things, including the taxing power of the government, its political stability, and the underlying strength of its economy. While the U.S. certainly has many economic problems because of eight years under the idiot Bush the Younger, those problems will be solved. If you were making a case that we should guard against a rerun of 1980's style U.S. inflation your argument would carry some weight. To say we are going to a Zimbabwe situation is pure fantasy. IMHO.