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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: marek_wojna who wrote (56250)10/11/2009 4:15:08 AM
From: elmatador1 Recommendation  Respond to of 217549
 
FED needs to print to supply enough USD for people to carry on transactions.

Acting as the holder of the reserve currency puts pressure on the FED since it needs to keep supplying USD for world trade.

that situation above is not tenable.

Thus we need to find alternaives for USD so that trade is carried out in other currencies.

Much of the USD printed is no longer in the US banks but abroad.



To: marek_wojna who wrote (56250)10/11/2009 11:31:40 AM
From: Tommaso  Respond to of 217549
 
I think you must not have read the post that I was asking about. The post said that the dollar would increase in value and that the price of gold would fall. I asked why. I see no reason myself why either of these things are likely to happen, given what our government, especially the Fed, has done and continues to do.

This is the last time I plan to chew this particular piece of fat.



To: marek_wojna who wrote (56250)10/11/2009 1:01:07 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 217549
 
On a per capita basis Germany is not far away from the US in borrowing they need the coming year something in the range of 480 Billions and they are about 82 million people v. US with 307 million

Germany debt is around 74% to 75% of GDP and 2010 budget deficit would be around 3.7% of GDP well above the EU 3% limit meaning every one in the EU will cheat. Italy is already at around 5% deficit to GDP etc.,then you have Spain Portugal Ireland Greece not to mention the CEE partners all deep in the red