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

To: ggersh who wrote (34812)	1/30/2011 11:29:30 PM
From: Real Man	3 Recommendations Read Replies (1) \| Respond to of 71475

Just trash the dollar to the grave, push gas to $50 per gallon, and Americans won't drive. A supply/demand solution for soaring oil prices -g- Who cares if the dollar is trash anyhow. Oil measured in gold is stable, so apparently there is no "peak oil". Soviet Union had a huge BOOM in the 70-s. America is just another country, living off foreign cheap labor for quite some time. Their standard of living will improve as ours fall. I think we'll see a few difficult years ahead, as the global standard of living adjusts - higher in countries like China, lower in G7. I don't think higher dollar will stop inflation, although it is true that USD pegged countries will automatically print money if the dollar keeps falling. Once they stop and de-peg, the dollar will fall faster. In the end the only one trashing the dollar is Ben. I view derivatives as instruments of a system of financial control which rests on the dollar status of reserve currency. Now it's actually 2 currencies, the dollar and Zero.