SI
SI
discoversearch

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 Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: GST who wrote (106940)1/11/2010 6:48:33 PM
From: Skeeter Bug1 Recommendation  Read Replies (1) | Respond to of 110194
 
GST, most of your response was an emotional rant challenging ideas i didn't even put forth. somehow, you confused yourself into thinking i meant things i didn't say.

so which currency is going to explode against the dollar? the euro? the PIIGS will likely collapse this year. the yen? japan's debt is about twice as bad as ours. the sterling? they are worse off than the dollar.

i'm not a dollar fan - all fiat currencies are only as good as the corrupt SOBs controlling its quantity. that's why they all end up at reflecting the integrity level of the people in charge - ZERO.

also, history has shown us that gold is bad inflation hedge - it dropped in value over 80% over 2 decades of pretty consistent inflation. i could do without that as an inflation hedge. the big yeller is more about systemic collapse insurance. we faced it int he late 70s and we face it now and big yeller barks both times but does little in the 2 decades of constant inflation between.

so your bet is that the fed (the international banking cartel) continues to print debt backed money even after the bank losses have been covered.

how does this action create more wealth for the international banking cartel than enforcing austerity measures onto the US the same way they are trying to force them on iceland, greece, spain, the UK (end government health care!), etc?

remember, the bankers have absolute control over whether the money is printed or not. they can create inflation or they can create deflation.

how does inflation, even hyperinflation, benefit the banking cartel now that they've ditched their mega housing losses onto the fed and fannie and freddie?

or do you think the banks will pursue monetary policy that is contrary to their self interest?

btw, lest you confuse yourself, the dollar will eventually go to zero (the integrity index of government). the question is, do we get severe deflation first?

from a different angle, *exactly* how is nathan wrong here...

economicedge.blogspot.com

please be specific about his specific points.