Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Real Man who wrote (56144)	9/8/2014 6:01:55 PM
From: Tommaso	Read Replies (1) \| Respond to of 71475

OK, three reasons: 1. The United States is projecting its military power around the world, and this makes a big impression. 2. As everyone keeps saying, there is just no other currency equal to the dollar for convenience in making deals and settling transactions. 3. It has been 220 years since the United States seriously defaulted on any debt. Make it more reasons: 4. The continuing acceleration in the productivity of manufacturing machinery around the world means that output of material goods, and efficiency of many services, is much closer to keeping pace with the expansion of fiat money supplies than in the past. Indeed, I think that the Great Depression of the 1930s might be described as a consequence of productivity having outrun monetary growth. I don't offer that as a total explanation, just part of it. 5. The so-called financial crisis of 2008 put the damper on both borrowing and lending. Both financial institutions and prudent borrowers became very cautious and have not yet recovered confidence. There may be more to add, but I think this is enough economic pontificating from a person whose entire economic education consists of Economics 101-102 taken to satisfy distribution requirements for a B. A. in English 55 years ago.

To: Real Man who wrote (56144)	9/8/2014 7:47:57 PM
From: ggersh	Read Replies (2) \| Respond to of 71475

If you look at real data and food prices are much higher. Don't you pay more for less?

To: Real Man who wrote (56144)	9/9/2014 8:34:01 AM
From: maceng2	Read Replies (2) \| Respond to of 71475

The computer gaming definition of the word I have in mind is probably suitable for descriptive purposes. en.wikipedia.org The time base is of course much longer. Just like the pressure build up to an earthquake though, or the snow accumulation before an avalanche, the more "nothing happens" the bigger the final reaction as all those dollars pile up somewhere waiting to tumble down and drown everything. The USA + "The West" economic system just has more room to defer the inevitable than Zimbabwe. Part of that solution was the building of a $$ mountain in China. The financial kooks can make everything look different in the meantime. Nature abhors a vacuum and equilibrium will return. Sorry if anyone thinks any different. Logic will prevail. And along the same lines as boiling a frog slowly... wmo.int China was powering up a new coal fired power station every week, and maybe still maybe doing so. It's not my job to keep tabs on all that chit. Mercury levels in the Oceans, getting into surface fish populations has already had an effect. Check you local health guide on mercury consumption if you need a confirmation on the trend. scidev.net http://www.nrdc.org/health/effects/mercury/sources.asp Apart from that, everything is just fine -g-