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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: studdog who wrote (86490)1/27/2012 10:17:33 AM
From: Maurice Winn1 Recommendation  Read Replies (1) | Respond to of 217907
 
Yes, it is an inaccurate description to call everything they do "money printing". It's a bit of slang really. The overall point is that they are diluting the holdings of others because they can be the ultimate insider as to whether something is undervalued or not since they determine the size of the measuring stick which is used and can produce more of them to buy anything they fancy, or otherwise load it onto their balance sheet.

If we look back to the beginning of the Federal Reserve and other fiat currencies, you will see a century of spectacular dilution so that people can say "When I was a boy, those pies cost only threepence, now they are $4, which was 2 pounds which was a day's work for well-off man". They are not easing up on the dilution.

Zimbabwe did literally print money and some very fun collectibles at that.

It is not really in the interest of the Federal Reserve to have billions of people dump the US$ as being no better than Zimbabwe's. It is unlikely that they will cause that to happen, though events can get away on them and politicians can do as they like and assuredly will, with the electorates baying at the gates insisting that they do.

Mqurice



To: studdog who wrote (86490)1/27/2012 10:17:59 AM
From: 2MAR$  Read Replies (1) | Respond to of 217907
 
all done electronically , they use laser printers ;o)...meanwhile POG keeps bumping up against $1729/30 today