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

To: Real Man who wrote (32986)	12/5/2010 10:43:12 PM
From: carranza2	1 Recommendation Read Replies (1) \| Respond to of 71456

I get a kick out of the Pollyanas who think that economic growth, as measured by the consumer-driven GDP numbers, can take place in the face of declining household incomes and under-reported inflation figures. If there is any consumer driven GDP growth taking place, which I doubt, it is because new debt is being accumulated by the strapped consumer or he is liquidating assets to buy. Neither are healthy. It's insane to think that things are getting better. A complete denial of reality. Somehow, someway, the truth will make itself seen. We got a peek at it when the unemployment numbers 'unexpectedly' rose to 9.8%. Oh, and by the way, don't be surprised if more QE comes along: bloomberg.com You would think that policy-makers as sophisticated as the Fed and the folks at the Treasury know that fiat currencies not tied to anything but the full faith and credit of their issuers always, inevitably, and with metronomic regularity go down the gurgler as a result of overprinting.