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

To: Elroy Jetson who wrote (21231)	7/7/2009 11:21:12 AM
From: Real Man	Respond to of 71454

Back then it was as good as gold. Our inflation was, perhaps, 3-4% lower each year because we exported it, which, in turn, allowed us to keep interest rates extremely low and induce all these bubbles. We also introduced various statistical improvements, so inflation got even lower. Few folks noticed the statistical improvement, thou - they were forced to speculate on stocks and housing because their real incomes fell like a hard rock, year over year, until they were unable to pay for stuff. This comes to a lot over 20-some years, and that was before the Fed tripled narrow money.