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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (87078)4/8/2009 5:18:12 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
I'll see. The problem with wealth created by printing is that
it's never real. I want to see policies and real steps to
get real US economy going, not Ponzi finance. Bubble blowing
policies will just create inflation at this point, a lot
of it. Kinda: you had 1 dollar, you printed 2, so your dollar
buys 1/3 of what it did, but since assets are above debt
again, the blowing up debt situation is cured -g-

If no steps are taken to restructure the bubble US economy,
we'll get to inflationary situation of Zimbabwe, eventually.
As you know, the GDP of Zimbabwe per capita is dead last in the
World, so this situation is no fun at all. While I understand
that the authorities want to cure the immediate crisis, steps
need to be taken for the real economy to take off.