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


To: Hawkmoon who wrote (91505)6/15/2012 6:22:04 AM
From: elmatador2 Recommendations  Read Replies (3) | Respond to of 217764
 
debt increases the amount of money in the system. Poor people and countries have no credit. Rich people and rich countries have credit.

If poor countries try to increase amount of money artificially, it creates inflation.

The US, is another case different from the norm, it could create any amount of money without creating inflation because it was the reserve currency of the world. It is like it had a gold money spewing gold in as needed basis.

Europe, seeing this easy way the US was getting its money, create the Euro to be its own reserve currency and have its own gold mine.



To: Hawkmoon who wrote (91505)6/15/2012 8:32:41 AM
From: Maurice Winn1 Recommendation  Respond to of 217764
 
We should remember that Big Ben explained that he has fleets of helicopters and a pixelation process to produce any number of any size monetary units with a capacity to make Zimbabwe's efforts look amateur.

static.guim.co.uk

So speculators fleeing to the safety of US$ and Big Ben's ministrations might find they have gone from the frying pan to the fire. His promissory notes might be untrustworthy but his promises are not.

The safest place to be is the least crowded at the time. As the capitalist mob moved from the Biotelecosmictechdot.com boom, to the derivatives boom and housing boom, to the commodities boom, to the gold boom the last ones out when each went bust were left bereft. The commodities boom has not ended, nor has the gold boom, but they already crowded. But with a dollar note still able to buy some things with change given, financial relativity theory hysteria has not yet taken hold.

<But I think the biggest reason the USD will increase is debt destruction, thereby limiting the amount of cash available in the system. Credit crunches create demand for cash, and places to park it. > Big Ben will be happy to oblige. Any debt destroyed can be made up by him any time he likes. Heck, I will borrow a $billion at the right interest rate for the right time. In fact, I need $100 million right now for an actual project which will earn real returns. Where do I apply for a 10 year zirp loan?

Mqurice