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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (106929)1/10/2010 9:27:08 PM
From: Skeeter Bug1 Recommendation  Respond to of 110194
 
>>Chispas, but money in the US *isn't* being debased - that's the whole point.<<

let me clarify... the value of the dollar relative to other countries has been debased based upon future speculation of actual dollar debasement. i'm not challenging that.

i'm just saying that i don't see how the dollar can actually be debased longer term *until* debt starts heading higher - and i don't see debt heading higher any time soon.

debt is money. money is debt.

the absolute worst looting process would be to pay the banksters 100 cents on the dollar for their toxic assets, crash the economy, allow the banksters to buy real assets for pennies on the dollar and then inflate...

i think that's the big picture plan.



To: Skeeter Bug who wrote (106929)1/10/2010 9:47:51 PM
From: Chispas  Read Replies (1) | Respond to of 110194
 
You say, "How can Americans take on more debt?" .

I say, "Just like when I was drafted into the Army, I was
forced by my government."