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: gregor_us who wrote (24245)	11/13/2009 5:25:51 PM
From: carranza2	Respond to of 71475

pricing in a logic vacuum LMAO! A nice turn of phrase. I think there will be additional [probably stupid, like cash for clunkers, which destroyed future auto demand] stimulus in 2010. There cannot be any tax increases. But the pols are so insanely stupid, they do not recognize that we need renewed infra. Good grief, just look at the Hoover Dam for a project that cost a lot then but has been making returns for decades upon decades. We need new roads, bridges, electrical grid, mass transit, etc., and the military budget needs to be drastically but drastically cut. But no. Not a chance. I often think that we have a reality disconnect in which we believe that everything is possible even if not affordable, yet we choose to do the possible but unaffordable. I think that is probably as good a definition of profligacy as any. Perhaps at one point we will actually see a divergence between the Fed and the executive branch, with B. raising interest rates or otherwise acting in a neo-Volckerian manner while O! tries to spend/indebt into prosperity. The only thing to do in the face of an impending logic vacuum [there is actually nothing impending about it] is to hedge it with gold and strong currencies. Real estate in fabulous places will go for a song, too. Another good way to play the stupidity.