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

To: John who wrote (37217)	4/17/2011 10:23:13 AM
From: carranza2	Read Replies (1) \| Respond to of 71475

I suggest that you re-read the article a bit more carefully. Jesse does not suggest the likelihood of the parade of horribles you describe as being even remotely possible. In fact, he specifically suggests that any outcome has to be based on assessments of risk management and probability. He therefore discounts deflation and hyperinflation because not only can the Fed deal with them effectively, but also because they involve economic suicide, which is unlikely. WE are left with managed inflation, which is designed to liquidate the unpayable debt. But because the Fed's actions create difficulties with growth, stagflation is the most likely outcome. The inflationary aspects of stagflation suggest that precious metals and the harder currencies are the places in which to be for the long run. It's very hard to disagree with such a clear-eyed assessment. Jesse has a great gift for synthesizing the complex. It comes from an exacting and rigorous study of macro trends to which he applies equally rigorous logic and common sense. I posted it not to get anyone ranting about this and that and forced migratory trips to the hinterlands of Nevada but as an example of how one man has been tremendously helpful and generous in sharing his knowledge and vision.