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 coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (29116)6/28/2010 10:55:48 AM
From: Skeeter Bug1 Recommendation  Read Replies (1) | Respond to of 71479
 
>> For now "they" want to reinflate the asset bubbles,
so that assets again are valued above debt.<<

imho, that's very hard under the current debt money, wage arbitraged, entitlements tied to inflation system. of course, they could change the system in a minute - so my head is on a swivel.

i think all they are doing is looting wealth from society and giving it to banks - and i expect the looting to get even worse. they call it all kind of fancy names to trick people to think it is being done for the economy instead of to the economy.

my feel right now is that everyone but the US is in austerity mode for the moment - so the dollar could lose much of the ground it has gained against other currencies if my perception turns out to be true.

when the insiders turn the bond vigilantes loose on US bond interest rates, though, i expect the clamps to tighten hard.

we'll see - i'm open to different scenarios.