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

To: TobagoJack who wrote (155557)	3/30/2020 4:52:59 AM
From: sense	Read Replies (1) \| Respond to of 218355

Agree with all of that... Including the elements re "rinse and repeat" in both markets and geopolitics... even if not always on an overly well synchronized schedule... I think many are quite surprised by the scope and scale of the response, thus far... thinking that 6 trillion dollars is a lot... when its not... relative to the scope and scale of BOTH: the problem, and the context. I don't think you can make sense of it... without understanding the money function better than most... I still see people who should know better claiming QE is "money printing" and therefore inflationary... when the proof of "a dollar shortage crisis" is staring them in the face... as deflation is gripping all other nations by the throat... and the only obvious solution is resolving the imposition of the dollar shortage by making more dollars... and in a quantity sufficient to met the demand. And, QE... clearly is a transfer mechanism... that shifts economic benefits from from everyone else... to those at the top of the "financial class"... far more efficiently than it generates inflation ? Who benefits from deflation ? Who benefits from LYING about inflation being the problem... when there's global deflation in fact ? What of those wanting to sustain all the benefits of participation in the global monetary system and "free trade"... but not wanting to share proportionately in shouldering any of the costs of operating the system ? Looking beyond only a traditional view of booms and busts, inflation and deflation, and what does well when based on those as outcomes... there is a need for a recognition that booms and busts, as inflation and deflation, are not "naturally occurring"... but are a consequence of management. And, of course, astute investors will want to avoid surprises... of the sort that intrinsically come paired with not understanding how "excess money printing" drives an accelerating vortex of deflation... not the inflation many expect to see. Do the managers know what they're doing ? It certainly seems to baffle them... A couple of vids worth watching... First one I've mentioned before... should be titled "the ecosystem of money"... The Fall of the U.S. Dollar: Is The Return To A Gold Standard Inevitable? Of course, those presenting in the context... mostly have an interest in an affirmative answer... they are gold sellers and gold miners... so their livelihood dictate what they'll choose for you to believe is inevitable. However the data presented really show only that there have historically been "resets" that have been made necessary from time to time... forced repricing events... as necessary to relieve accumulated stresses... while the sustained trend has ALWAYS been AWAY from a public adoption of a gold standard... as that being true is what enables fiat printing. However, Bretton Woods was not a repudiation of gold as often presented... but a switch from gold prices dictated by government power... to gold prices dictated by market manipulations and banks practices of fraud... while still sustaining the same features of currency as prior, other than the convertibility upon demand into gold by the treasury. What Nixon really did by "closing the gold window"... was declare that "the dollar" isn't U.S. money any more... just a bankers scrip... and now it says "Federal Reserve Note" and not "THE United States PROMISE TO PAY TO THE BEARER"... as the still legal ? Demand Notes. As the link shows, this gradual process of debasement has been ongoing for a while... and, surprise, surprise... water has not yet chosen to flow uphill... nor has there yet been any risk that good money might chase out the bad. That worth keeping in mind as you read CATO advocating for improvement, and almost pining for a return to the "good old days" of Bretton Woods... using that as a measure of how far away things have fallen from the original reasons for it ever having been implemented ? The Case for a New International Monetary System If that's the answer... it seems there are still problems left unaddressed when the prescriptions for solutions are given... even when the problem seems it hasn't been properly addressed in terms of the mechanics... about which there seems little agreement ? The second video... I picked as perhaps less good than others pitting Brett Johnson and Peter Schiff in debate... as this one also features Tim Sykes as one of the participants... and since we just discussed his video touting... who remembers what it was about... other than a girl in a bath tub ? Anyway, this one gives the opportunity to address the core issues in monetary policy in the debate between Johnson and Schiff... while also putting Sykes in context from which he can again prove... whatever else it is he does THINK he proves in this: that traders should NEVER be put in charge of banks, or banking regulation, much less monetary policy decision making. Gold vs. Oil vs. The Dollar - What Will Be Stronger in 2019