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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: I_C_Deadpeople who wrote (27205)	2/26/2010 1:06:41 PM
From: Skeeter Bug	1 Recommendation Respond to of 71475

IC, don't be so sure... bankers are notorious for restricting the money supply in the past. in the late 1800s, they reduced the money supply 85% against a fast growing population and economy. 5 out 6 dollars disappeared. in fact, they conspired to call in loans on a specific date in order to asset strip the citizens. why have they allowed the deficit to spiral out of wack for nearly 2 years? simply put, to save themselves. they've spent the last 18 months figuring out how to transfer their losses onto the american people. now fannie and freddie is an unlimited toxic asset dump for them. UNLIMITED. do they care if real estate craters 90% of the tax payers make them whole? well. yes, they do - the cheaper housing is, the more the more assets they can strip with less of their money. i'd be almost 100% sure they will do this (deflationary depression), except the unkown derivatives position may be so big as to trump the real economy. in short, inflation may be required to keep the derivatives WMD from exploding on the banks. then again, perhaps they've offloaded that risk to the tax payers, too. you can bet they don't want to hold the hot potato they put in the oven. head on a swivel...