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


To: Real Man who wrote (53817)11/10/2013 1:27:19 PM
From: Amelia Carhartt  Read Replies (1) | Respond to of 71475
 
The problem I see with the dollar crisis theme is that all currencies are debasing. So, the Clownbuck remains the safe haven relatively speaking.



To: Real Man who wrote (53817)11/10/2013 2:31:38 PM
From: maceng23 Recommendations

Recommended By
dave rose
ggersh
roguedolphin

  Read Replies (1) | Respond to of 71475
 
Yeah, this thread should be shut down.

I dunno. Pumping money into the system while saying there is no inflation is basically an unstable thing to do.

If those interest rates start taking off, game over. That is one of several corners the Fed have painted themselves, and all of us, into.

Suppressing the price of gold is handing a bargain to those who remain intent on accumulating it. The time base maybe is a lot longer than a lot of peoples patience.

The Fed, and all the other CB's who are hell bent on easing are playing monetary Jenga, while taking from the poor and giving to the rich. Doesn't look at all stable to me.

youtube.com

How high can they pile the bricks of clownbuks before it comes crashing down?

The monetary system has designed in and guaranteed a crisis as I see it.



To: Real Man who wrote (53817)11/10/2013 7:07:03 PM
From: John1 Recommendation

Recommended By
ggersh

  Read Replies (1) | Respond to of 71475
 
Simply change the name of your forum to "The Current US Dollar Crisis" or, better still, "The Worsening US Dollar Catastrophe". The latter is more accurate.

FWIW, I think that the equity and bond markets have been acting like a giant sponge and soaking up all of the excess liquidity that is printed (or e-printed), which keeps inflation and interest rates in check. J6P is still mired in a deep depression that was triggered in 2008, struggling to stay afloat and sinking under the weight of incomprehensible debt that grows larger by the day. Forget him ever repaying the capital that the nation owes. He can't even manage to service the debt, let alone repay the capital. The bitter end of the fractional-reserve banking system is written in stone, but the question is when will the major monetary collapse occur?

Beyond all of that, who knows what is actually happening. With all of the corruption, lies, manipulation, and crime within the federal government and federal reserve, there is simply no way to know what is true anymore. We only know what the men with guns pointed at our heads tell us to know. -nfg-



To: Real Man who wrote (53817)11/10/2013 8:56:03 PM
From: Tommaso  Read Replies (2) | Respond to of 71475
 
>>>Yeah, this thread should be shut down. Monetary base surges 4.5 fold, yet nothing but free money bonanza at no cost.<<<

That's quite comparable to when John Law introduced unbacked paper money to France about 1715. I always forget the exact date.

But then England and Holland were on sound money, so if you could get your francs out in time and change them you were fine.

Now all the central banks are creating imaginary balances.

Here's where we are headed now:

"The weak spot in Law's scheme was his willingness to issue more bank notes to fund purchases of shares in the company. Stock prices began falling in January 1720 as some investors sold shares to turn capital gains into gold coin. To stop the sell-off, Law restricted any payment in gold that was more than 100 livres. The paper notes of the Bank Royale were made legal tender, which meant that they could be used to pay taxes and settle most debts. The company was trying to get people to accept the paper notes rather than gold. The bank subsequently promised to exchange its notes for shares in the company at the going market price of 10,000 livres. This attempt to turn stock shares into money resulted in a sudden doubling of the money supply in France. It is not surprising then that inflation started to take off. Inflation reached a monthly rate of 23 percent in January 1720."



To: Real Man who wrote (53817)11/11/2013 8:27:20 AM
From: Amelia Carhartt1 Recommendation

Recommended By
John

  Read Replies (1) | Respond to of 71475
 
Just saying we are not the only ones screwing ourselves and for a time it will remain relative.