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: RJA_ who wrote (26120)	1/7/2010 11:53:15 AM
From: benwood	Respond to of 71454

That's a staggering decline masked by the cheap credit bubble, the Federal gov't spending way beyond it's means, the dollar as the reserve currency, and imported deflation from Asia. None of those major mechanisms can continue indefinitely without a serious adjustment in the form of inflation, massive interest drag on gov't budgets, difficulty in acquiring capital for new business or even for gov't works projects. Chances are good we'll see that 50% decline relative to other currencies in 10 years; and a 50% decline versus gold within 5 years. In my opinion anyway.